D.R. Horton, Inc.

D.R. Horton, Inc.

DHI
D.R. Horton, Inc.US flagNew York Stock Exchange
146.76
USD
+4.64
- -
41.62BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
19.43
23.57
29.55
32.77
37.65
42.67
47.22
55.57
76.92
95.19
104.08
111.69
111.02
115.14
Basic EPS, GAAP
1.44
1.57
2.05
2.39
2.77
3.88
4.34
6.49
11.56
16.65
13.93
14.44
11.62
10.54
Free Cash Flow per Basic Share
-4
-2.24
1.76
1.47
0.9
1.27
2.05
3.63
1.48
1.6
12.63
6.65
11.09
11.57
Dividend per Share
0.19
0.14
0.25
0.32
0.4
0.5
0.6
0.7
0.8
0.9
1
1.2
1.6
1.75
Book Value per Share
6.67
7.74
8.99
10.95
13.22
16.52
20.52
26.71
37.8
54.56
69.25
84.84
100.63
113.26
Tangible Book Value per Share
12.49
14.76
15.86
18.09
20.49
24.03
27.19
32.67
41.67
55.76
67.4
77.86
79.58
83.57
Basic Weighted Avg Shares
322
340
366
371
374
377
373
366
361
352
341
330
308
290
Sales/Revenue/Turnover
6,259
8,025
10,824
12,157
14,091
16,068
17,593
20,311
27,774
33,480
35,460
36,801
34,250
33,350
Operating Margin (%)
10.22
9.86
10.18
10.98
11.19
12.4
11.59
14.23
19.15
22.61
17.21
16.13
12.92
11.43
Depreciation Expense
23
38
54
61
55
62
72
91
82
81
92
87
101
112
Net Income, GAAP
463
534
751
886
1,038
1,460
1,618
2,374
4,176
5,858
4,746
4,756
3,585
3,053
Effective Tax Rate (%)
29.66
34.48
33.18
34.52
35.19
29.01
23.84
20.2
21.75
22.73
24.06
23.53
23.61
24.45
Profit Margin (%)
7.39
6.65
6.94
7.29
7.37
9.09
9.2
11.69
15.03
17.5
13.38
12.92
10.47
9.15
Working Capital
7,418
8,507
9,490
9,955
10,602
12,464
13,842
16,588
21,394
26,608
29,089
32,709
32,180
31,571
LT Debt
3,509
3,666
3,812
3,271
2,872
3,204
3,399
4,320
5,449
6,115
5,143
5,971
6,031
5,864
Total Equity
4,061
5,120
5,895
6,793
7,748
9,159
10,295
12,122
15,216
19,786
23,138
25,824
24,742
24,406
Return on Invested Capital (%)
6.54
6.3
7.92
8.78
9.83
12.23
11.84
15.23
22.3
24.96
16.96
15.01
10.77
9.03
Return on Capital (%)
9.42
8.92
11.2
12.28
13.7
16.74
15.47
18.43
24.62
25.79
17.12
14.8
9.85
7.65
Return on Common Equity (%)
23.76
22.31
25.33
24.1
23.05
26.14
23.35
27.27
35.68
35.68
22.18
18.45
12.15
9.68

Capital Structure

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
760
865
1,320
LT Borrowings
4,787
5,699
5,792
LT Finance Leases
69
70
71
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
290
285
281
Market Capitalization
43,393
40,497
47,178

Working Capital

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
33,307
34,251
35,142
Cash, Cash Equivalents & STI
2,506
1,918
2,079
Accounts Receivable, Net
- -
- -
- -
Inventories
25,606
26,304
26,687
Total Current Liabilities
2,636
2,938
3,571
Payables & Accruals
1,794
1,951
2,094
ST Debt
760
865
1,320
Deferred Revenue
82
113
113

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.76%
15.98%
-4.19%
Free Cash Flow
74.02%
123.74%
56.22%
Net Income, GAAP
20.62%
14.56%
-24.62%
Sales/Revenue/Turnover
12.72%
12.01%
-6.93%
Total Cash Common Dividend
18.6%
14.25%
25.2%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,726
9,107
9,966
10,003
36,801
2025
7,613
7,734
9,226
9,678
34,250
2026
6,887
7,558
9,227
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.84
3.54
4.12
3.95
14.44
2025
2.63
2.59
3.37
3.06
11.62
2026
2.03
2.25
3.21
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.3
0.3
0.3
0.3
1.2
2025
0.4
0.4
0.4
0.4
1.6
2026
0.45
0.45
0.45
- -
- -

Company Description

APIChatGPT
CEO
Paul J. Romanowski
Full Time Employees
14,341
Sector
Consumer Cyclical
Industry
Residential Construction
Address
1341 Horton Circle Arlington TX United States of America 76011
IPO Date
Jun 5, 1992
Business
D.R. Horton, Inc. is a leading national homebuilder engaged in land acquisition, development, and the construction and sale of residential homes across 125 markets in 36 states in the East, North, Southeast, South Central, Southwest, and Northwest regions of the United States. The company constructs and sells single-family detached homes and attached homes including townhomes, duplexes, and triplexes under brands such as Express Homes for entry-level buyers, Emerald Homes for luxury segments, and Freedom Homes for active adults; it also develops, constructs, owns, leases, and sells multi-family and single-family rental properties, residential lots, and non-residential real estate like ranch land. Complementary financial services encompass mortgage financing through DHI Mortgage, title insurance policies, examination, and closing services via DHI Title, and insurance offerings, primarily targeting entry-level, move-up, active adult, luxury homebuyers, and renters. Founded in 1978 and headquartered in Arlington, Texas, D.R. Horton operates through a decentralized structure with local teams handling operations to adapt to market conditions. In recent developments, the company reported fiscal 2025 results with consolidated pre-tax income of $4 billion on revenues of $38.3 billion, marking its 24th consecutive year as the nation's largest builder by volume, delivering homes to approximately 85,000 individuals and families including 43% first-time buyers; it generated $3.4 billion in operating cash flow while returning $4.8 billion to shareholders via buybacks and dividends, and increased its quarterly dividend to $0.45 per share. D.R. Horton invested $2.2 billion in homebuilding lots, land, and development during the third quarter of fiscal 2025, pursued small acquisitions of properties and local talent in emerging markets, and expanded into seven new states and 38 markets over the past five years, boosting community count by 40% and achieving 11% compound annual revenue growth. Strategically, it partnered with AI startup Prophetic in 2025 to accelerate land acquisition and development for affordable housing using AI-powered site identification across more than 30 states, purchased a 41,000 square-foot office building in Chandler, Arizona, for its Phoenix East Division headquarters with occupancy planned for summer 2025, and led funding in Tidalwave's $22 million Series A round in November 2025.

Company News

APIChatGPT
  • D.R. Horton: Dividend Hike With Contrarian Swing Trade Potential, Pending Macro Normalization

  • D.R. Horton: Better Execution Now Offsets Weak Demand (Rating Upgrade)

  • Andra AP fonden Purchases 12,400 Shares of D.R. Horton, Inc. $DHI

  • DHI Stock Outlook Hinges on Affordability and Inventory Discipline

  • Is DHI Stock a Buy Now as Valuation Stays Reasonable but Mixed

  • These Analysts Raise Their Forecasts On D.R. Horton After Upbeat Q3 Results

  • Boxabl Disrupts Housing With A Tiny Float IPO

  • D.R. Horton Q3: Sluggish Outlook Leaks Into Foundation

  • D.R. Horton: More Volatility Ahead After Resilient Q3 (Rating Downgrade)

  • D.R. Horton Inc (DHI) Q3 2026 Earnings Call Highlights: Strong Cash Flow and Home Closures Amid Market Challenges

  • Q2 Earnings Pick Up Steam: GM, MMM, DHI & More

  • D.R. Horton's Q3 Earnings Beat on Higher Closings, Stock Up

  • D.R. Horton, Inc. (DHI) Q3 2026 Earnings Call Transcript

  • Compared to Estimates, D.R. Horton (DHI) Q3 Earnings: A Look at Key Metrics

  • D.R. Horton Q3 Earnings Call Highlights

  • D.R. Horton (DHI) Q3 Earnings and Revenues Beat Estimates

  • D.R. Horton Lowers Revenue Guidance as Sales Come in Flat

  • D.R. Horton, Inc., America's Builder, Reports Fiscal 2026 Third Quarter Earnings and Declares Quarterly Dividend of $0.45 Per Share

  • D.R. Horton Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

  • D.R. Horton's Q3 Earnings Preview: What Investors Must Know Now?