DR Horton Inc

DR Horton Inc

DHI · NYSE · Consumer Cyclical / Residential Construction

145.55USD+1.10 (+0.76%)

Price History

Full chart

Market Stats

Previous Close144.45
Open144.00
Day Range143.01 – 145.62
52-Week Range130.40 – 170.28
Volume2.71M
Market Cap41.25B
P/E (TTM)14.06
Forward P/E11.95
EPS10.49
Dividend Yield1.22%
Beta1.35
50-Day Avg141.07
200-Day Avg147.86

About

D.R. Horton, Inc. operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 126 markets across 36 states under the names of D.R. Horton. The company also constructs and sells single-family detached homes; and attached homes, such as townhomes and duplexes. In addition, it provides mortgage financing and title agency services; and engages in the residential lot development business. Further, the company develops, constructs, owns, leases, and sells multi-family and single-family rental properties; conducts insurance-related operations; and owns water rights and other water-related assets, as well as non-residential real estate, including ranch land and improvements. It primarily serves homebuyers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas.

Company Details

  • SectorConsumer Cyclical
  • IndustryResidential Construction
  • CEOMr. Paul J. Romanowski
  • Employees14.34K
  • Headquarters1341 Horton Circle, Arlington, TX, United States, 76011, USA
  • Websitehttps://www.drhorton.com

Leadership

  • Mr. David V. AuldExecutive Chairman · b. 1956
  • Mr. Paul J. RomanowskiPresident, CEO & Director · b. 1971
  • Mr. Bill W. WheatExecutive VP & CFO · b. 1966
  • Mr. Michael J. MurrayExecutive VP & COO · b. 1966
  • Mr. Aron M. OdomSenior VP & Corporate Controller · b. 1974
  • Collin Michael DawsonVice President of Corporate Finance & Treasurer
  • Ms. Jessica Leigh HansenSenior VP of Communications & People and Head of Investor Relations
  • Mr. Thomas B. MontanoSenior VP, Corporate Compliance Officer & Corporate Secretary
  • Mr. Rick HortonPresident of South Region
  • Matt FarrisPresident of West Region

Financials

Income Statement

Currency: USD1991-09-301992-09-301993-09-301994-09-301995-09-301996-09-301997-09-301998-09-301999-09-302000-09-302001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue124.10M124.10M190.10M393.30M437.40M547.30M837.30M2.18B3.16B3.65B4.46B6.74B8.73B10.84B13.86B15.05B11.30B6.65B3.66B4.40B3.64B4.35B6.26B8.02B10.82B12.16B14.09B16.07B17.59B20.31B27.77B33.48B35.46B36.80B34.25B
Growth (%)-0.00%+53.18%+106.89%+11.21%+25.13%+52.99%+159.99%+44.99%+15.76%+21.95%+51.25%+29.52%+24.21%+27.88%+8.57%-24.95%-41.17%-44.97%+20.30%-17.35%+19.72%+43.76%+28.21%+34.88%+12.32%+15.90%+14.03%+9.49%+15.45%+36.74%+20.54%+5.92%+3.78%-6.93%
Cost of Revenue100.00M100.00M155.20M324.90M357.70M446.50M680.90M1.76B2.54B2.92B3.53B5.36B6.81B8.20B10.14B11.42B10.49B8.28B3.54B3.63B3.02B3.49B4.85B6.27B8.54B9.50B11.04B12.40B13.72B15.37B19.90B22.98B26.11B27.27B26.13B
Gross Profit24.10M24.10M34.90M68.40M79.70M100.80M156.40M421.10M616.30M737.08M928.37M1.37B1.92B2.64B3.72B3.63B811.40M-1.64B118.90M772.60M613.50M861.60M1.41B1.76B2.29B2.65B3.05B3.67B3.87B4.94B7.88B10.50B9.35B9.54B8.12B
Gross Margin19.42%19.42%18.36%17.39%18.22%18.42%18.68%19.34%19.53%20.17%20.84%20.40%22.02%24.38%26.86%24.14%7.18%-24.61%3.25%17.56%16.87%19.79%22.46%21.89%21.14%21.84%21.63%22.84%22.01%24.31%28.35%31.37%26.37%25.91%23.70%
Operating Expense13.30M13.30M21.20M40.30M46.50M6.20M42.30M241.40M342.90M420.37M479.40M714.54M915.35M1.08B1.37B1.66B1.30B891.90M601.10M599.20M556.30M614.20M766.30M946.50M1.14B1.27B1.38B1.63B1.82B1.98B2.48B2.80B3.11B3.42B3.69B
Operating Income10.80M10.80M13.70M28.10M33.20M94.60M114.10M179.70M273.40M316.71M448.97M659.86M1.01B1.56B2.35B1.97B-483.90M-2.53B-482.20M173.40M57.20M247.40M639.50M809.80M1.15B1.38B1.66B2.04B2.05B2.95B5.39B7.71B6.24B6.11B4.42B
Operating Margin8.70%8.70%7.21%7.14%7.59%17.28%13.63%8.25%8.66%8.67%10.08%9.79%11.54%14.42%16.94%13.12%-4.28%-38.03%-13.18%3.94%1.57%5.68%10.22%10.09%10.58%11.38%11.81%12.70%11.68%14.55%19.41%23.02%17.60%16.61%12.92%
EBITDA11.00M14.50M14.10M29.30M35.20M100.40M121.80M189.54M294.21M341.20M485.03M700.51M1.05B1.63B2.45B2.10B-863.20M-2.54B-429.40M204.90M83.90M288.60M685.60M852.60M1.18B1.41B1.66B2.12B2.20B3.06B5.43B7.71B6.41B6.37B4.84B
EBITDA Margin8.86%11.68%7.42%7.45%8.05%18.34%14.55%8.71%9.32%9.34%10.89%10.40%12.06%15.07%17.69%13.94%-7.64%-38.16%-11.74%4.66%2.31%6.63%10.95%10.62%10.88%11.63%11.76%13.21%12.49%15.08%19.55%23.03%18.07%17.31%14.13%
Net Income5.80M9.20M8.90M17.70M20.50M46.30M65.00M93.40M159.80M191.72M257.01M404.69M625.96M975.10M1.47B1.23B-712.50M-2.63B-545.30M245.10M71.80M956.30M462.70M533.50M750.70M886.30M1.04B1.46B1.62B2.37B4.18B5.86B4.75B4.76B3.59B
Net Income Margin4.67%7.41%4.68%4.50%4.69%8.46%7.76%4.29%5.06%5.25%5.77%6.01%7.17%8.99%10.61%8.19%-6.31%-39.63%-14.91%5.57%1.97%21.96%7.39%6.65%6.94%7.29%7.37%9.09%9.20%11.69%15.03%17.50%13.38%12.92%10.47%
R&D-------------------000000000-------
R&D as % of Total Revenue-------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense00000000008.81M6.01M5.15M9.30M21.20M55.00M23.60M42.70M97.20M88.20M51.90M26.90M5.10M0013.50M14.50M9.30M140.20M153.30M152.20M21.20M154.50M135.00M-
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.20%0.09%0.06%0.09%0.15%0.37%0.21%0.64%2.66%2.00%1.43%0.62%0.08%0.00%0.00%0.11%0.10%0.06%0.80%0.75%0.55%0.06%0.44%0.37%-

Balance Sheet

Currency: USD1991-09-301992-09-301993-09-301994-09-301995-09-301996-09-301997-09-301998-09-301999-09-302000-09-302001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets59.70M90.30M158.70M230.90M318.80M402.90M1.25B1.67B2.36B2.69B3.65B6.02B7.28B8.99B12.51B14.82B11.56B7.71B6.76B5.94B5.36B7.25B8.86B10.20B11.15B11.56B12.18B14.11B15.61B18.91B24.02B30.35B32.58B36.10B35.47B
Total Liabilities43.20M48.40M92.80M146.30M212.70M225.30M816.50M1.11B1.56B1.72B2.39B3.73B4.11B4.86B6.95B8.26B5.90B4.84B4.49B3.32B2.73B3.65B4.79B5.08B5.26B4.77B4.44B4.96B5.31B6.79B8.80B10.57B9.44B10.28B10.73B
Total Equity16.50M52.30M65.90M84.60M106.10M177.60M427.90M549.40M797.60M969.56M1.25B2.27B3.03B3.96B5.36B6.45B5.59B2.83B2.26B2.62B2.62B3.59B4.06B5.12B5.90B6.79B7.75B9.16B10.30B12.12B15.22B19.79B23.14B25.31B24.19B
Cash14.40M8.50M19.90M11.20M16.70M32.50M78.20M76.80M128.60M72.53M239.28M104.34M582.90M518.00M1.15B587.60M269.60M1.39B1.96B1.31B732.60M1.05B936.50M661.80M1.38B1.30B1.01B1.47B1.49B3.02B3.21B2.54B3.87B4.52B2.99B
Total Debt34.00M31.60M62.20M108.60M-169.90M650.90M854.50M1.19B1.34B1.88B2.88B2.96B3.50B4.91B6.08B4.38B3.75B3.28B2.17B3.29B4.80B6.78B7.01B7.15B6.07B5.32B3.20B5.91B4.28B5.41B6.07B5.09B5.97B6.03B
Net Debt19.60M23.10M42.30M97.40M-16.70M137.40M572.70M777.70M1.06B1.27B1.65B2.77B2.38B2.98B3.76B5.49B4.11B2.36B1.32B862.50M972.00M1.45B2.57B3.02B2.43B1.97B1.86B1.73B1.91B1.26B2.20B3.53B1.22B1.45B3.05B

Cash Flow

Currency: USD1991-09-301992-09-301993-09-301994-09-301995-09-301996-09-301997-09-301998-09-301999-09-302000-09-302001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow10.00M10.00M-18.80M-44.00M-32.30M-23.90M-83.10M-125.30M-170.90M-107.55M-55.28M-90.60M423.32M-422.50M-620.70M-1.19B1.36B1.88B1.14B709.40M14.90M-288.70M-1.23B-661.40M700.40M618.00M435.10M545.20M892.10M1.42B534.40M561.80M4.30B2.19B3.42B
Investing Cash Flow2.60M2.60M-1.50M-6.10M-7.00M-4.00M-61.00M-45.60M-22.80M-56.38M-97.25M-193.09M-48.67M-55.20M-68.20M-83.30M-39.80M-6.60M-59.40M-318.00M-19.30M-147.70M180.90M-282.10M-95.40M-112.60M-171.00M2.60M-394.00M-166.10M-252.20M-414.90M-310.20M-190.60M-168.70M
Financing Cash Flow-4.80M-4.80M31.70M41.40M44.90M43.70M155.60M169.40M245.60M107.89M319.29M148.75M103.91M412.80M1.32B711.90M-1.63B-755.60M-511.80M-1.04B-572.30M751.50M939.00M627.90M117.00M-586.00M-559.50M-82.50M-490.10M270.60M-85.10M-811.20M-2.67B-1.36B-4.76B
Capital Expenditure600.00K600.00K1.50M2.60M2.40M2.70M5.30M11.60M17.30M15.79M33.37M39.82M48.67M55.20M68.20M83.30M39.80M6.60M6.20M19.20M16.30M33.60M58.00M100.20M56.10M86.10M157.30M68.10M224.10M286.80M267.40M148.20M148.60M165.30M137.40M
Free Cash Flow9.40M9.40M-20.30M-46.60M-34.70M-26.60M-88.40M-136.90M-188.20M-123.34M-88.65M-130.41M374.65M-477.70M-688.90M-1.27B1.32B1.87B1.14B690.20M-1.40M-322.30M-1.29B-761.60M644.30M531.90M277.80M477.10M668.00M1.13B267.00M413.60M4.16B2.02B3.28B
Dividends Paid5.00M12.20M---1.40M2.10M4.70M7.10M9.29M13.73M26.11M40.10M66.90M96.50M137.60M188.40M142.00M47.50M47.70M47.80M47.80M60.20M48.60M91.60M118.70M149.60M188.40M223.40M256.00M289.30M316.50M341.20M395.20M494.80M
FCF to OCF94.00%94.00%107.98%105.91%107.43%111.30%106.38%109.26%110.12%114.68%160.36%143.95%88.50%113.07%110.99%107.00%97.06%99.65%99.46%97.29%-9.40%111.64%104.71%115.15%91.99%86.07%63.85%87.51%74.88%79.83%49.96%73.62%96.55%92.45%95.98%
Dividend Paid to FCF53.19%129.79%----5.26%-2.38%-3.43%-3.77%-7.53%-15.49%-20.02%10.70%-14.00%-14.01%-10.80%14.32%7.58%4.19%6.91%-3414.29%-14.83%-4.67%-6.38%14.22%22.32%53.85%39.49%33.44%22.56%108.35%76.52%8.21%19.52%15.07%

Earnings

Report DateApr 16, 1996Jul 17, 1996Nov 12, 1996Jan 21, 1997Apr 22, 1997Jul 30, 1997Nov 10, 1997Jan 20, 1998Apr 21, 1998Jul 21, 1998Nov 3, 1998Jan 19, 1999Apr 20, 1999Jul 20, 1999Nov 9, 1999Jan 20, 2000Apr 19, 2000Jul 14, 2000Nov 10, 2000Jan 19, 2001Apr 18, 2001Jul 19, 2001Nov 14, 2001Jan 22, 2002Apr 22, 2002Jul 22, 2002Nov 12, 2002Jan 16, 2003Apr 16, 2003Jul 16, 2003Nov 12, 2003Jan 21, 2004Apr 15, 2004Jul 21, 2004Nov 10, 2004Jan 20, 2005Apr 19, 2005Jul 21, 2005Nov 16, 2005Jan 19, 2006Apr 18, 2006Jul 20, 2006Nov 14, 2006Jan 23, 2007Apr 19, 2007Jul 26, 2007Nov 20, 2007Feb 7, 2008May 6, 2008Aug 5, 2008Nov 25, 2008Feb 3, 2009May 4, 2009Aug 4, 2009Nov 20, 2009Feb 2, 2010Apr 30, 2010Aug 3, 2010Nov 12, 2010Jan 27, 2011Apr 29, 2011Jul 28, 2011Nov 11, 2011Jan 27, 2012Apr 23, 2012Jul 27, 2012Nov 12, 2012Jan 29, 2013Apr 26, 2013Jul 25, 2013Nov 12, 2013Jan 28, 2014Apr 24, 2014Jul 24, 2014Nov 11, 2014Jan 26, 2015Apr 22, 2015Jul 28, 2015Nov 10, 2015Jan 25, 2016Apr 21, 2016Jul 21, 2016Nov 8, 2016Jan 24, 2017Apr 20, 2017Jul 26, 2017Nov 9, 2017Jan 31, 2018Apr 26, 2018Jul 26, 2018Nov 8, 2018Jan 25, 2019Apr 25, 2019Jul 30, 2019Nov 12, 2019Jan 27, 2020Apr 28, 2020Jul 28, 2020Nov 10, 2020Jan 26, 2021Apr 22, 2021Jul 22, 2021Nov 9, 2021Feb 2, 2022Apr 26, 2022Jul 21, 2022Nov 9, 2022Jan 24, 2023Apr 20, 2023Jul 20, 2023Nov 7, 2023Jan 23, 2024Apr 18, 2024Jul 18, 2024Oct 29, 2024Jan 21, 2025Apr 17, 2025Jul 22, 2025Oct 28, 2025Jan 20, 2026Apr 21, 2026Jul 21, 2026Oct 29, 2026
EPS Estimate0.050.060.080.060.060.070.090.070.080.120.140.120.120.180.200.170.170.200.250.200.210.270.360.260.270.330.440.330.380.470.650.470.530.680.920.700.851.101.630.941.130.920.690.330.18-0.44-0.10-0.20-0.42-0.82-1.88-0.56-0.31-0.24-0.30-0.110.030.18-0.04-0.01-0.050.070.150.050.040.210.300.140.190.340.400.300.340.490.480.340.390.500.620.410.460.660.770.480.590.750.820.360.861.081.220.770.871.051.250.911.101.281.781.732.182.823.382.793.404.515.092.241.912.833.932.893.073.784.162.362.702.903.271.922.122.993.03
EPS Actual0.050.060.080.060.060.070.090.080.090.140.150.140.150.190.210.180.170.210.270.210.220.300.370.310.320.340.460.380.430.500.730.590.600.801.100.760.921.171.770.981.110.930.880.500.16-2.62-0.16-0.41-4.14-1.26-2.53-0.20-0.34-0.45-0.730.560.040.16-0.03-0.060.090.090.110.090.130.200.300.200.320.420.400.360.380.320.450.390.400.600.610.420.520.660.760.550.600.760.820.490.911.181.220.760.931.261.351.071.291.612.202.142.533.143.703.174.034.674.672.762.733.904.452.823.524.103.922.612.583.363.042.032.243.20-
Surprise0.00%0.00%0.00%0.00%0.00%0.00%0.00%14.29%12.50%16.67%7.14%16.67%25.00%5.56%5.00%5.88%0.00%5.00%8.00%5.00%4.76%11.11%2.78%19.23%18.52%3.03%4.55%15.15%13.16%6.38%12.31%25.53%13.21%17.65%19.57%8.57%8.24%6.36%8.59%4.26%-1.77%1.09%27.54%51.52%-11.11%-495.45%-60.00%-105.00%-885.71%-53.66%-34.57%64.29%-9.68%-87.50%-143.33%609.09%33.33%-11.11%25.00%-500.00%280.00%28.57%-26.67%80.00%225.00%-4.76%0.00%42.86%68.42%23.53%0.00%20.00%11.76%-34.69%-6.25%14.71%2.56%20.00%-1.61%2.44%13.04%0.00%-1.30%14.58%1.69%1.33%0.00%36.11%5.81%9.26%0.00%-1.30%6.90%20.00%8.00%17.58%17.27%25.78%23.60%23.70%16.05%11.35%9.47%13.62%18.53%3.55%-8.25%23.21%42.93%37.81%13.23%-2.42%14.66%8.47%-5.77%10.59%-4.44%15.86%-7.03%5.73%5.66%7.02%-
Timing-----Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-----------Pre-marketPre-marketPre-market-Pre-marketAfter-hoursAfter-hours-After-hoursPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketAfter-hoursPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap41.25B
Enterprise Value44.37B
Trailing P/E14.06
Forward P/E11.95
PEG Ratio1.18
Price / Sales1.24
Price / Book1.65
EPS10.49
Book Value84.85
Revenue (TTM)33.35B
Gross Profit (TTM)7.10B
EBITDA4.13B
Profit Margin9.15%
Operating Margin12.99%
Return on Equity12.63%
Return on Assets6.88%
Shares Outstanding279.70M
Shares Float250.58M
Beta1.35
Dividend Yield1.22%
Dividend Rate1.80
Payout Ratio17.13%

Analyst Ratings

Hold
Based on 21 analystsTarget 152.36
  • Strong Buy
    4
  • Hold
    15
  • Sell
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
87.62%
Insiders
10.40%
Retail / Other
1.98%

Top Institutional Holders

  • Capital World Investors
    37.28M13.33%
  • BlackRock Inc
    24.97M8.93%
  • Vanguard Capital Management, LLC
    16.94M6.06%
  • Vanguard Portfolio Management, LLC
    12.40M4.43%
  • State Street Corp
    12.08M4.32%
  • FMR Inc
    9.44M3.38%
  • Geode Capital Management, LLC
    7.22M2.58%
  • Capital Research Global Investors
    5.69M2.03%
  • Morgan Stanley - Brokerage Accounts
    3.70M1.32%
  • The Goldman Sachs Group Inc
    3.55M1.27%
  • Greenhaven Associates Inc
    3.51M1.25%
  • Amvescap Plc.
    3.47M1.24%

Top Fund Holders

  • American Funds Growth Fd of Amer A
    13.42M4.80%
  • Vanguard MStar Total Stk Mkt Idx Invest
    8.00M2.86%
  • American Funds American Balanced A
    7.24M2.59%
  • American Funds Washington Mutual A
    7.23M2.59%
  • Vanguard 500 Index Investor
    6.68M2.39%
  • Vanguard MStar Mid Cap Index Instl
    5.39M1.93%
  • American Funds Fundamental Invs A
    3.90M1.39%
  • Fidelity 500 Index
    3.42M1.22%

Dividends

20264×
0.50Nov 12, 20260.45Aug 6, 20260.45May 7, 20260.45Feb 5, 2026
20254×
0.45Nov 13, 20250.40Aug 7, 20250.40May 2, 20250.40Feb 7, 2025
20244×
0.40Nov 12, 20240.30Aug 1, 20240.30May 1, 20240.30Feb 5, 2024
20234×
0.30Nov 20, 20230.25Aug 4, 20230.25May 2, 20230.25Feb 6, 2023
20224×
0.25Dec 1, 20220.23Aug 3, 20220.23May 6, 20220.23Feb 16, 2022
20214×
0.23Dec 3, 20210.20Aug 9, 20210.20May 7, 20210.20Feb 16, 2021

Stock Splits

  • Mar 17, 20054:3
  • Jan 13, 20043:2
  • Apr 10, 20023:2
  • Mar 7, 2001111:100
  • Sep 14, 2000109:100
  • May 6, 1996108:100
  • Sep 18, 19957:5
  • May 24, 1995109:100
  • May 24, 1994106:100
  • Aug 25, 1993105:100