D.R. Horton, Inc.

D.R. Horton, Inc.

DHI
D.R. Horton, Inc.US flagNew York Stock Exchange
143.52
USD
-1.27
- -
40.70BMarket Cap
D.R. Horton, Inc.
DHI
(New York Stock Exchange)

Recent

price

143.52

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
13.83
11.43
13.69
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
113
Revenue per Share
0.77
0.23
3.01
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
10.75
Basic EPS, GAAP
2.17
0.01
-1.02
-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
12.37
Free Cash Flow per Basic Share
0.15
0.15
0.15
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
1.7
Dividend per Share
2.56
2.63
5.49
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
108.52
Book Value per Share
8.2
8.19
11.18
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
81.37
Tangible Book Value per Share
318
318
318
322
340
366
371
374
377
373
366
361
352
341
330
308
295
Basic Weighted Avg Shares
4,400
3,637
4,354
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
33,348
Sales/Revenue/Turnover
3.8
1.57
5.68
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
11.76
Operating Margin (%)
18
20
19
23
38
54
61
55
62
72
91
82
81
92
87
101
108
Depreciation Expense
245
72
956
463
534
751
886
1,038
1,460
1,618
2,374
4,176
5,858
4,746
4,756
3,585
3,173
Net Income, GAAP
- -
- -
- -
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
24.1
Effective Tax Rate (%)
5.57
1.97
21.96
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
9.51
Profit Margin (%)
3,982
3,511
5,861
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
31,313
Working Capital
2,172
1,705
2,493
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
5,769
LT Debt
2,623
2,624
3,595
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
24,199
Total Equity
- -
- -
- -
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
9.54
Return on Invested 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
8.29
Return on Capital (%)
34.17
8.69
74.01
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
10.34
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
- -
760
865
LT Borrowings
5,966
4,787
5,699
LT Finance Leases
66
69
70
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
294
290
285
Market Capitalization
52,294
43,393
40,497

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
34,143
33,307
34,251
Cash, Cash Equivalents & STI
2,985
2,506
1,918
Accounts Receivable, Net
- -
- -
- -
Inventories
25,287
25,606
26,304
Total Current Liabilities
1,963
2,636
2,938
Payables & Accruals
1,881
1,794
1,951
ST Debt
- -
760
865
Deferred Revenue
82
82
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
- -
- -
- -

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
- -
- -
- -

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
- -
- -
- -
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
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  • 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

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