- Net income of $40.5 million, highest for any quarter in Company history - Earnings per share of $1.63 vs. $1.44 a year ago - Company's highest third quarter revenues and home closings - Record homebuilding operating profits of $71.9 million, up 18% - Third quarter home gross margins of 24.2%, a 100 basis point increase - Debt-to-capital ratio reduced to .34 from .43 - Nine-month interest coverage increased to 12.4 from 10.1
M.D.C. Holdings, Inc. (www.RichmondAmerican.com) today announced net income for the three months ended September 30, 2001 of $40.5 million, or $1.63 per share, the highest quarterly net income in...
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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