- 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
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your ability to obtain products and services from these companies. See licensing information.
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