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.

KB Home

Lennar

M.D.C. Holdings

PulteGroup

Toll Brothers

Raymond James analysts Buck Horne and Tousley Hyde on Friday downgraded shares of KB Home KBH, -0.60% , Lennar Corp. LEN, -1.26% , M.D.C. Holdings Inc. MDC, +0.31% , PulteGroup Inc. PHM, -1.53% and Toll Brothers Inc. TOL, -1.52% to market perform and cut their rating on D.R.Horton to outperform from strong buy.

Raymond James downgrades homebuilder stocks as 7% mortgage rates 'cripple' housing affordability

U.S. housing market has seen a lot of pain this year as mortgage rates went up rapidly. But that has also created some exciting opportunities for the equity investors, says Art Hogan – the Chief Market Strategist at B.

Pro: D R Horton is a ‘buy' despite the U.S. housing recession

D.R. Horton, Inc. is our favorite deep-value pick for a medium-to-long-term investment horizon. For more diversification, investors may consider adding homebuilder ETFs. Besides favorable international migration trends that could boost U.S demographics as a whole, domestic/interstate migration trends further suggest that Sun Belt states will benefit disproportionately from greater demand for housing.

D.R. Horton: Our Favorite Deep Value Pick Among Homebuilders

With mortgage rates rising on the back of climbing interest rates, homebuilder sentiment in the single-family home market has tumbled to half of what it was six months ago.

3 Outperforming Homebuilders to Consider as Sentiment Declines

The rise of interest rates brought an increase in mortgage rates, progressively weakening the US housing sector.

KeyBanc analyst Ken Zenner says its time to invest in homebuilders

“XHB” – the SPDR S&P Homebuilders ETF ended about 5.0% up on Wednesday even though the National Association of Realtors said pending home sales in the U.S. were down 2.0% last month. KeyBanc is now ‘overweight' homebuilder stocks Housing is having a rather difficult year as the U.S.

Ken Zenner finally turns bullish on homebuilder stocks

New homes sales surprisingly rise in August and home prices fall. However, rising rates pose concerns for stocks like KBH, LEN, DHI and TOL.

New Home Sales Soar, Price Falls: Is Housing Mayhem Over?

SPDR S&P Homebuilders ETF

Shares of companies in the real estate services and home building space backed way off their intraday highs on Tuesday, as another surge in Treasury yields to a more-than decade high took the early shine off surprisingly strong economic data.

Housing market stocks give up gains as another jump in bond yields takes shine off strong data

Ahead of fresh data on new home sales and home prices this week, there are signs that new homebuyers are backing out of sales.

Homebuyers Get Cold Feet

Beazer Homes USA

Well, folks, the talk of the week has certainly been about the Federal Open Market Committee (FOMC) meeting this past Wednesday. As we talked about on Thursday, the Federal Reserve voted unanimously to raise key interest rates by 75 basis points for the third-straight time.

Interest Rate Hike Hurts Homebuilders

Let's see if D.R. Horton, Inc. (DHI) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Should Value Investors Pick D.R. Horton (DHI) Stock Now?

American Homes 4 Rent

Equity Residential

Legacy Housing Corp

Real-estate tech Compass skidded after layoffs. Is this a sign of weakness to come throughout the housing industry, or are some subindustries poised to grow?

Are Layoffs At A Small-Cap Tech A Bellwether For Housing Stocks?

Intel

West Fraser Timber Co. Ltd.

Bruce Berkowitz (Trades, Portfolio), leader of Fairholme Capital Management, applies Benjamin Graham's strategy when selecting stocks, seeking companies that have solid management, generate high free cash flows and are trading at a deep discount to intrinsic value.

3 Bruce Berkowitz Stocks Trading With a Margin of Safety

Meritage Homes

Taylor Morrison Home

Poor builders' sentiment signals a housing downturn; elevated construction costs and an aggressive monetary policy are potential risks.

Builder Confidence Still Below 50 in September: Will it Regain?

TopBuild

Shares of home builders traded broadly higher Monday, after KeyBanc Capital analyst Kenneth Zener flipped to bullish on the sector, saying his previous “Wall of Worry” bearish thesis has played out, making it a good time to start buying.

Time to buy home builder stocks, as ‘early pain' equals ‘early gain,' analyst says

Housing market to witness impacts of high interest rates and inflation in the near term.

Mortgage Applications Drop as Rates Hit 6%: Housing in Fear?

Redfin

Rocket Companies, Inc.

Rising interest rates are cooling off the U.S. housing market. The average interest rate on a 30-year mortgage, the most popular U.S. home loan, has risen to 6% for the first time since the 2008 financial crisis.

3 Housing Stocks to Sell Now

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

D.R. Horton (DHI) is a Top-Ranked Value Stock: Should You Buy?

ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI #earnings--D.R. Horton announced that it will release financial results for its fourth quarter and fiscal year ended September 30, 2022 on November 9, 2022.

D.R. Horton, Inc. to Release 2022 Fourth Quarter and Fiscal Year-End Earnings on November 9, 2022

Home Depot

Lowe's

Newmark Group

Realty Income Corp

Prologis

RE/MAX Hld

Simon Property Group

Why is a housing market recession expected? What sectors will be directly affected and what stocks should you keep an eye on for now?

What Stocks Are Directly Impacted By A Housing Market Recession?

ARLINGTON, Texas--(BUSINESS WIRE)--D.R. Horton, Inc. sadly announces that Michael W. Hewatt, a longtime member of the Company's Board of Directors, passed away on August 25, 2022.

D.R. Horton, Inc. Announces Passing of Board Member Michael W. Hewatt

Annaly Capital

Opendoor

Zillow

Prospective homebuyers and investors alike have been watching the U.S. housing market's meteoric rise over the past couple of years, with homebuyers hoping price increases would cool off soon and investors rejoicing in the opposite.

How to Play the Housing Market Slowdown

Demographics drive returns in equities, especially when it comes to the housing sector. As millennials enter their prime productivity and homebuying years, the homebuilding industry presents a strong mid-term outlook.

D.R. Horton: Exploit A Major Mid-Term Catalyst

A bumpy housing market won't keep these stocks down forever.

These 2 Stocks Won't Grow Your Money Overnight, but Are No-Brainer Long-Term Buys

Commercial Metals

Enterprise Products Partners

Energy Transfer LP Unit

St. Joe

Fairholme Capital Management recently disclosed its 13F portfolio updates for the second quarter of 2022, which ended on June 30.

News for D.R. Horton Stock (DHI)