D.R. Horton, Inc.

D.R. Horton, Inc.

DHIยทNYSE

$144.50

-1.7%
Consumer CyclicalResidential Construction

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 31 states and 98 markets under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, and Freedom Homes. The company constructs and sells single-family detached homes; and attached homes, such as town homes, duplexes, and triplexes. It also provides mortgage financing services; and title insurance policies, and examination and closing services, as well as engages in the residential lot development business. In addition, the company develops, constructs, owns, leases, and sells multi-family and single-family rental properties; owns non-residential real estate, including ranch land and improvements; and owns and operates energy related assets. It primarily serves homebuyers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas.

At a Glance

Live Snapshot
Market Cap$40.98B
EPS11.6200
P/E Ratio12.44
Earnings Date07/21/2026
3Y+2.0%
5Y+69.0%
10Y+182.0%
3Y-39.0%
5Y+51.0%
10Y+305.0%
3Y+509.0%
5Y+141.0%
10Y+454.0%
D.R. Horton, Inc.

D.R. Horton, Inc. Profit Bridge

DHI ยท NYSE
Revenue34.25B
Cost of Goods Sold (26.13B)
Gross Profit8.12B
Operating Expenses (3.69B)
Operating Income4.42B
Interest Expense (0.00)
Other Income/Expense315.70M
Pretax Income4.74B
Income Tax (1.12B)
Net Income3.59B
Net Income
3.59B

Profitability Analysis

Gross Margin

23.7%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

12.9%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

10.5%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

23.6%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

D.R. Horton, Inc. Income Statement

DHI โ€ข NYSE

D.R. Horton, Inc. Income StatementSep 2025Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009Sep 2008Sep 2007Sep 2006
REVENUE
34.3B
36.8B
35.5B
33.5B
27.8B
20.3B
17.6B
16.1B
14.1B
12.2B
10.8B
8B
6.3B
4.4B
3.6B
4.4B
3.7B
6.6B
11.3B
15.1B
GROSS PROFIT
(26.1B)
(27.3B)
(26.1B)
(23B)
(19.9B)
(15.4B)
(13.7B)
(12.4B)
(11B)
(9.5B)
(8.5B)
(6.3B)
(4.9B)
(3.5B)
(3B)
(3.6B)
(3.5B)
(8.3B)
(10.5B)
(11.4B)
8.1B
9.5B
9.4B
10.5B
7.9B
4.9B
3.9B
3.7B
3B
2.7B
2.3B
1.8B
1.4B
861.6M
613.5M
772.6M
118.9M
-1.6B
811.4M
3.6B
OPERATING INCOME
(3.7B)
(3.4B)
(3.1B)
(2.8B)
(2.5B)
(2B)
(1.8B)
(1.6B)
(1.4B)
(1.3B)
(1.1B)
(946.5M)
(766.3M)
(614.2M)
(556.3M)
(599.2M)
(601.1M)
(891.9M)
(1.3B)
(1.7B)
(3.7B)
(3.4B)
(3.1B)
(2.8B)
(2.5B)
(2B)
(1.8B)
(1.6B)
(1.4B)
(1.3B)
(1.1B)
(946.5M)
(766.3M)
(614.2M)
(556.3M)
(599.2M)
(601.1M)
(891.9M)
(1.3B)
(1.7B)
4.4B
6.1B
6.2B
7.7B
5.4B
3B
2.1B
2B
1.7B
1.4B
1.1B
809.8M
639.5M
247.4M
57.2M
173.4M
-482.2M
-2.5B
-483.9M
2B
PRE-TAX INCOME
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(5.1M)
(26.9M)
(51.9M)
(88.2M)
(97.2M)
(42.7M)
(23.6M)
(55M)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
14.5M
13.5M
23.1M
17.8M
3.4M
-16.7M
-42.3M
-78.2M
-91.3M
-31.3M
14.9M
0.0
315.7M
170.8M
73.4M
-78.7M
-34.9M
28.5M
70.5M
19.6M
-62.3M
-30.6M
-22.3M
4.4M
18.3M
-4.5M
-45.1M
-73.9M
-70.1M
-104.2M
-467.3M
12.9M
4.7B
6.3B
6.3B
7.6B
5.4B
3B
2.1B
2.1B
1.6B
1.4B
1.1B
814.2M
657.8M
242.9M
12.1M
99.5M
-552.3M
-2.6B
-951.2M
2B
NET INCOME
(1.1B)
(1.5B)
(1.5B)
(1.7B)
(1.2B)
(602.5M)
(506.7M)
(597.7M)
(563.7M)
(467.2M)
(372.7M)
(280.7M)
(195.1M)
-713.4M
-59.7M
-145.6M
-7M
(1.8M)
-238.7M
(753.8M)
3.6B
4.8B
4.7B
5.9B
4.2B
2.4B
1.6B
1.5B
1B
886.3M
750.7M
533.5M
462.7M
956.3M
71.8M
245.1M
-545.3M
-2.6B
-712.5M
1.2B

SEC Filings

DHI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 12, 2026
May 06, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 23, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 21, 2026
April 21, 2026
2026
8-K

8-K 2026

N/A

March 31, 2026
March 27, 2026
2026
10-Q

10-Q 2025 Q4

Q4

January 22, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 20, 2026
January 20, 2026
2026
8-K

8-K 2026

N/A

January 16, 2026
January 15, 2026
2026
DEF 14A

DEF 14A 2026

N/A

December 10, 2025
January 15, 2026
2026
10-K

10-K 2025 FY

FY

November 19, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 28, 2025
October 28, 2025
2025
Showing 1 to 10 of 511 filings