- Record quarterly earnings per share of $1.32 vs. $1.10 a year ago - Highest quarterly net income in Company history - Record homebuilding profits of $52.4 million, up 19% - Record home gross margins of 22.2%, a 240 basis point increase - Debt-to-capital ratio reduced to .39 - Six-month interest coverage increased to 10.4 from 8.8
M.D.C. Holdings, Inc. (www.RichmondAmerican.com), whose subsidiaries build homes under the name "Richmond American Homes," today announced net income for the three months ended June 30, 2000 of...
The Richmond American Homes companies (RAH), HomeAmerican Mortgage Corporation (HMC), American Home Insurance Agency (also known as AHI Insurance Agency) (AHI) and American Home Title and Escrow Company (AHT) are owned, directly or indirectly, by M.D.C. Holdings, Inc. and, therefore, are affiliated companies. Each of RAH, HMC, AHI and AHT offers services independently of each other, and if you obtain a product or service from one company, you are not required to utilize the services of, or obtain products from, the other company. Your decision to use a company that is not affiliated with RAH, HMC, AHI or AHT will not affect your ability to obtain products and services from these companies.
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