- Fourth quarter earnings per share of $1.73 vs. $1.49 a year ago - Record 2001 net income of $155.7 million, a 26% increase - Highest quarterly and annual revenues and home closings in Company history - Record annual homebuilding profits of $279.3 million, up 23% - Net debt-to-capital ratio reduced by 50% to .17 - Annual interest coverage increased to 14.1 from 10.5; 20.3 in fourth quarter - EBIT return on capital of 33.8%; return on assets of 13.3%
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ), whose subsidiaries build homes under the name "Richmond American Homes," today announced net income for the quarter ended December 31, 2001 of...
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that it will be broadcasting a synchronized slide show and audio presentation over the internet on Thursday, January 10, 2002, at...
- Fourth quarter earnings per share should exceed highest analyst estimates of $1.65 - Record home closings for the quarter and year ended December 31, 2001 - Release of earnings anticipated on...
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that Moody's Investors Service raised its rating on MDC's Senior Notes to Ba1 from Ba2 and raised the prospective ratings on the...
M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that its board of directors has declared a 10 percent stock dividend to be distributed on December 28, 2001 to shareowners 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. See licensing information.
Certain statements on the Site, including statements regarding the MDC Companies' business, financial condition,
results of operation, cash flows, strategies and prospects, constitute "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be
identified by terminology such as "likely," "may," "will," "should," "expects," "plans," "anticipates,"
"believes," "estimates," "predicts," "potential" or "continue," or the negative of such terms and other
comparable terminology. Such forward-looking statements involve known and unknown risks, uncertainties and other
factors that may cause the actual results, performance or achievements of the MDC Companies to be materially
different from any future results, performance or achievements expressed or implied by the forward-looking
statements. Additional information about the risks and uncertainties applicable to the MDC Companies' business
is contained in MDC's filings with the Securities and Exchange Commission, including MDC's Annual Reports on
Form 10-K and Quarterly Reports on Form 10-Q. The MDC Companies undertake no duty to update publicly any
forward-looking statements, whether as a result of new information, future events or otherwise. However, any
further disclosures made on related subjects in MDC's subsequent filings with the Securities and Exchange
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