Revenue segments as reported by the company.

Home sales

Land/lot sales and other

Rental property sales

Financial services

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative expense

Gain on sale of assets

Loss on extinguishment of debt

Other (income) expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

D.R. Horton

D.R. Horton, Inc. operates as a home building company, which engages in the construction and sale of single-family housing. It operates through the following segments: Homebuilding, Forestar, Financial Services, Rental, and Others. The Homebuilding segment includes the acquisition and development of land and the construction and sale of residential homes. The Forestar segment invests in land acquisition and development to expand its business across the United States. The Financial Services segment is involved in mortgage financing and title agency services to homebuyers. The Rental segment focuses on of multi-family and single-family rental operations. The company was founded by Donald Ray Horton in 1978 and is headquartered in Arlington, TX.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

D.R. Horton reports solid Q1 earnings amidst market challenges

D.R. Horton's Q1 performance reflects resilience amid market challenges, with a focus on operational efficiency and financial strength.
While facing headwinds like rising mortgage rates, the company leverages its strong balance sheet and liquidity to navigate uncertainties.
Opportunities for growth lie in improved demand outlook, strategic inventory management, and flexible pricing strategies.
Challenges include market uncertainties impacting margins, requiring agile responses to pricing trends and demand fluctuations.

D.R. Horton reports milestone 1 millionth home sale and strong earnings

D.R. Horton's Q2 2023 performance reflects a robust housing market with strong financial metrics and operational efficiency. The company's strategic focus on revenue diversification, efficient production operations, and market stability positions it well for continued growth. By leveraging opportunities in land acquisitions and capitalizing on market trends, D.R. Horton aims to drive sustainable profitability and shareholder value.

D.R. Horton excels in Q3 amidst challenges, eyes rental growth

D.R. Horton's strong performance in Q3 2023 reflects operational efficiency and robust demand despite industry challenges.
Maintaining a solid balance sheet and focusing on strategic growth areas like rentals position the company for future success.
Addressing challenges like rising costs and capital access while leveraging market opportunities will be key for sustained growth.

D.R. Horton reports robust Q4 earnings amidst market challenges

D.R. Horton's Q4 2023 earnings call highlighted strong financial results, with a focus on maintaining profitability amidst market challenges. The company plans to address cost inflation, affordability concerns, and market uncertainties through strategic planning and capital allocation.

D.R. Horton excels in Q1 2024, poised for growth amid challenges

D.R. Horton's Q1 2024 performance reflects operational strength, financial stability, and market adaptability, supported by robust sales orders and solid financial metrics.
While facing challenges like construction bottlenecks and market constraints, the company's strategic focus on affordability and responsiveness to market dynamics present growth opportunities.
By leveraging strengths in inventory management, financial planning, and market understanding, D.R. Horton is well-positioned to navigate challenges, capitalize on opportunities, and drive future success.
With a clear focus on operational efficiency, customer affordability, and strategic growth initiatives, D.R. Horton demonstrates resilience and agility in a dynamic market environment.

D.R. Horton posts strong Q2 results, eyes efficiency and diversification

D.R. Horton's Q2 performance reflects robust growth in revenues, net sales orders, and profitability, supported by efficient operations and diversified revenue sources.
While facing challenges like moderate lot inflation and rising competition, the company's strengths in stable margins, customer-centric approach, and investor appeal present growth opportunities.
Strategic focus on efficiency, affordability, and market diversification positions D.R. Horton well to navigate challenges and capitalize on opportunities for sustained success.

D.R. Horton reports robust Q3 earnings amidst rising costs

D.R. Horton's Q3 performance reflects strong financial health and operational efficiency, supported by solid earnings and revenue growth.
While facing challenges such as rising costs, the company's focus on managing expenses and optimizing inventory positions it well for future profitability.
Anticipated opportunities in cash flow enhancement and strategic adjustments present avenues for sustained growth and value creation for shareholders.

D.R. Horton posts solid Q4 results, eyes growth in affordability

D.R. Horton delivered strong financials but faced challenges in sales pace and margin pressure.
The company's focus on affordability and operational improvements positions it well for future growth.
Opportunities lie in leveraging the spring selling season and maintaining shareholder value.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

D.R. Horton, Inc. engages in the construction and sale of single-family housing. It operates through the following geographical segments: Northwest, Southwest, South Central, Southeast, East, and North. The Northwest segment includes Colorado, Oregon, Utah, and Washington. The Southwest segment focuses on Arizona, California, Hawaii, Nevada, and New Mexico. The South Central segment is involved in Arkansas, Oklahoma, and Texas. The Southeast segment refers to Alabama, Florida, Louisiana, and Mississippi. The East segment operates Georgia, North Carolina, South Carolina, and Tennessee. The North segment focuses on Delaware, Illinois, Indiana, Iowa, Kentucky, Maryland, Minnesota, Nebraska, New Jersey, Ohio, Pennsylvania, Virginia, and West Virginia. The company was founded by Donald Ray Horton in 1978 and is headquartered in Arlington, TX.

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D.R. Horton demonstrates strong adaptability in the fluctuating housing market thanks to its dynamic pricing strategy. Despite increasing mortgage costs, the company succeeded in increasing its sales by 8%. Efficiency improvements stemming from a shift to a capital-light business model unlocked significant capital, boding well for its cash flow metrics.

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In the closing of the recent trading day, D.R. Horton (DHI) stood at $138.90, denoting a +0.32% change from the preceding trading day.

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ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI #earnings--D.R. Horton announced that the Company will release financial results for its first quarter ended December 31, 2023 on Tuesday, January 23, 2024.

D.R. Horton, Inc. to Release 2024 First Quarter Earnings on January 23, 2024

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The home builder met rising demand from buyers unable to find an affordable existing home, and offered buyers temporarily relief from steep mortgage rates.

How D.R. Horton Beat the Housing Bust

D.R. Horton, Inc. (NYSE:DHI ) Q4 2023 Results Earnings Conference Call November 7, 2023 8:30 AM ET Company Participants Jessica Hansen - Vice President of Investor Relations David Auld - Vice Chairman of the Board Paul Romanowski - President and Chief Executive Officer Michael Murray - Executive Vice President and Chief Operating Officer Bill Wheat - Executive Vice President and Chief Financial Officer Conference Call Participants John Lovallo - UBS Stephen Kim - Evercore ISI Joe Ahlersmeyer - Deutsche Bank Carl Reichardt - BTIG Mike Rehaut - J.P. Morgan Matthew Bouley - Barclays Capital Alan Ratner - Zelman and Associates Anthony Pettinari - Citigroup Ken Zener - Seaport Research Partners Susan Maklari - Goldman Sachs Rafe Jadrosich - Bank of America Jade Rahmani - Keefe, Bruyette & Woods Michael Dahl - RBC Capital Markets Operator Good morning and welcome to the fourth quarter 2023 earnings conference call for D.R.

D.R. Horton, Inc. (DHI) Q4 2023 Earnings Call Transcript

D.R. Horton's (DHI) fiscal fourth-quarter benefits from a tight housing supply and favorable demographics.

D.R. Horton (DHI) Q4 Earnings Beat Estimates, Shares Rise

D.R. Horton expects revenue between $36-$37 billion while delivering 86,000-89,000 home units in fiscal 2024.

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While the top- and bottom-line numbers for D.R. Horton (DHI) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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

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DR Horton Inc reported a fall in earnings, although sales held up, as rising interest rates and inflationary pressures weighed on the building sector. The housebuilder said in the financial fourth quarter, revenue increased 9% to $10.5 billion compared to $9.6 billion the year before.

DR Horton sees sales rise but earnings drop amid high interest rates

D.R. Horton Inc.'s stock DHI, -0.96% was up by 1.3% in premarket trading Tuesday after the home builder's fiscal fourth-quarter results beat Wall Street analyst estimates for profit and revenue. “Despite continued higher mortgage rates and inflationary pressures, our net sales orders increased 39% from the prior year quarter, as the supply of both new and existing homes at affordable price points remains limited and demographics supporting housing demand remain favorable,” the company said.

News for D.R. Horton Stock (DHI)