D.R. Horton, Inc.

D.R. Horton, Inc.

156.99
USD
+11.76
(+8.10%)
10.65EPS
15.45P/E
45.73BMarket Cap
Jan 19Next Earn
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
- -
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
- -
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
- -
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
1.36
Book Value per Share
12.57
14.03
15.99
18.21
20.66
23.88
27.2
32.53
41.81
56.39
67.78
78.12
82.15
- -
Tangible Book Value per Share
12.45
13.77
15.75
18
20.45
23.59
26.76
32.03
41.34
55.89
67.26
77.6
81.5
- -
Basic Weighted Avg Shares
322
341
366
371
374
377
373
366
361
352
341
330
309
285
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
- -
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
- -
Depreciation Expense
23
38
54
61
55
62
72
91
82
81
92
87
101
- -
Net Income, GAAP
463
534
751
886
1,038
1,460
1,619
2,374
4,176
5,858
4,746
4,756
3,585
- -
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
- -
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
- -
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
- -
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
- -
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
- -
Return on Invested Capital (%)
6.54
6.3
7.85
8.76
9.83
12.34
12.15
15.54
22.28
24.96
16.96
15.01
10.77
- -
Return on Capital (%)
6.83
6.52
8.12
8.97
10.04
12.69
12.42
15.71
22.42
24.99
17.34
15.67
11.35
- -
Return on Common Equity (%)
12.1
11.63
13.64
13.97
14.28
17.46
17.03
21.72
31.25
34.17
22.55
19.81
14.48
- -

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
865
1,320
- -
LT Borrowings
5,699
5,792
- -
LT Finance Leases
70
71
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
285
281
271
Market Capitalization
39,100
45,725
37,092

Working Capital

USD

•

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

Growth Rates

USD

•

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

USD

•

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

USD

•

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

USD

•

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

CEO
Paul J. Romanowski
Full Time Employees
14,341
Sector
Consumer durables
Industry
Homebuilding
Address
1341 Horton Circle Arlington TX United States 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

  • Dividend Announcements: October 24-30, 2026 (Part 1 Of 2)

  • Dividend Champion, Contender, And Challenger Highlights: Week November 1

  • Inside giant homebuilder D.R. Horton's bet on robotic homebuilding

  • D.R. Horton: 3 Key Takeaways for Long-Term Investors

  • D.R. Horton Q4 Earnings Call Highlights

  • D.R. Horton's Q4 Earnings Miss on Weak Housing Demand, Sales Beat

  • D.R. Horton Warns of Continued Mortgage Pressure in Housing Demand

  • D.R. Horton, Inc. (DHI) Q4 2026 Earnings Call Transcript

  • D.R. Horton (DHI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

  • D.R. Horton (DHI) Misses Q4 Earnings Estimates

  • D.R. Horton Profit Down as Mortgage Rates Weigh,

  • D.R. Horton, Inc., America's Builder, Reports Fourth Quarter and Fiscal 2026 Earnings and Increases Quarterly Dividend to $0.50 Per Share

  • What's in Store For These 5 Construction Stocks This Earnings Season?

  • Seeking Clues to D.R. Horton (DHI) Q4 Earnings?

  • Builders Are Slashing Prices at a Record Pace as the Housing Market Freezes

  • D.R. Horton's Q4 Earnings Preview: What Investors Must Know Now?

  • Third Avenue Real Estate Value Fund Q3 2026 Portfolio Activity

  • Worried about AI bubble burst? Invest in this sector instead

  • 1970s Mortgage Rates Were Much Higher Than Today's 7.4%, And The Housing Market Still Boomed. So Why Is It Frozen Now?

  • Home Sales Contracts Just Fell to a Record Low as Mortgage Rates Hit 7.4%