HORTON D R INC /DE/

10-K & 10-Q Filings

D.R. Horton, Inc. is the largest homebuilding company in the United States, constructing and selling homes in 118 markets across 33 states. The company's business strategy includes geographic diversification, economies of scale, and a decentralized homebuilding operations structure. D.R. Horton's homebuilding operations generate 90% of its revenues and are decentralized to provide flexibility to local managers. The company's homebuilding markets include Northwest, Southeast, North, Southwest, South Central, and East regions. D.R. Horton's website is www.drhorton.com, and its common stock is listed on the New York Stock Exchange under the ticker symbol "DHI."

12 mos ending Sep 30, 201212 mos ending Sep 30, 201312 mos ending Sep 30, 201412 mos ending Sep 30, 201512 mos ending Sep 30, 201612 mos ending Sep 30, 201712 mos ending Sep 30, 201812 mos ending Sep 30, 201912 mos ending Sep 30, 202012 mos ending Sep 30, 202112 mos ending Sep 30, 202212 mos ending Sep 30, 20236 mos ending Mar 31, 20236 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$4236.20
6085.90
7858.50
10559.00
11861.80
13741.50
16068.00
17592.90
27774.20
33480.00
35460.40
15230.60
16833.10
21.31%10.52%Cost of Revenue (-)
$3492.40
4853.50
6268.60
8535.70
9502.60
11042.80
12398.10
13720.90
19899.20
22975.90
26110.00
11287.50
12494.00
20.07%10.69%Gross Profit (+)
$743.80
1232.40
1589.90
2023.30
2359.20
2698.70
3669.90
3872.00
7875.00
10504.10
9350.40
3943.10
4339.10
25.88%10.04%Selling, General & Administrative (-)
$614.20
766.30
965.40
1186.00
1320.30
1471.60
1676.80
1832.50
2556.20
2933.70
3248.80
1510.50
1715.60
16.35%13.58%Non-recurring Operating Expenses (-)
$
9.80
7.20
Operating Expenses (-)
$614.20
766.30
965.40
1023.40
1107.50
1471.60
1676.80
1832.50
2556.20
2933.70
3248.80
1510.50
1715.60
16.35%13.58%Costs & Expenses (Total) (-)
$4106.60
5619.80
7234.00
9731.50
10830.10
12514.40
14074.90
15553.40
22455.40
25909.60
29358.80
12798.00
14209.60
19.58%11.03%Operating Income/Loss (+)
$129.60
466.10
624.50
1105.00
1340.80
1227.10
1993.10
2039.50
5318.80
7570.40
6101.60
2432.60
2623.50
41.93%7.85%Non-operating Income/Expense (+)
$12.20
14.90
13.10
18.40
12.70
11.00
66.90
85.80
23.50
59.30
213.10
79.90
152.50
29.70%90.86%Interest Expense (-)
$26.90
-7.10
Earnings before Tax (+)
$242.90
657.80
814.20
1123.40
1353.50
1602.10
2060.00
2125.30
5356.30
7629.70
6314.70
2512.50
2776.00
34.47%10.49%Tax Expense (-)
$-713.40
195.10
280.70
372.70
467.20
563.70
597.70
506.70
1165.10
1734.10
1519.50
594.60
636.60
7.06%Income/Loss (Continuing Operations) (+)
$956.30
462.70
533.50
750.70
886.30
1038.40
1462.30
1618.60
4191.20
5895.60
4795.20
1917.90
2139.40
15.79%11.55%Profit/Loss (+)
$956.30
462.70
533.50
750.70
886.30
1038.40
1462.30
1618.60
4191.20
5895.60
4795.20
1917.90
2139.40
15.79%11.55%Net Income/Loss (NCI) (-)
$
2.00
0.10
15.40
38.10
49.50
17.00
19.90
17.06%Net Income/Loss (+)
$956.30
462.70
533.50
750.70
886.30
1038.40
1460.30
1618.50
4175.80
5857.50
4745.70
1900.90
2119.50
15.68%11.50%Net Income/Loss (Common) (+)
$956.30
462.70
533.50
750.70
886.30
1038.40
1460.30
1618.50
4175.80
5857.50
4745.70
1900.90
2119.50
15.68%11.50%EPS (Basic)
$
3.88
4.34
11.56
16.65
13.93
5.54
6.38
15.16%EPS (Diluted)
$2.77
1.33
1.50
2.03
2.36
2.74
3.81
4.29
11.41
16.51
13.82
5.50
6.34
15.73%15.27%Weighted Avg Shares (Basic)
376.60
372.60
361.10
351.70
340.70
343.20
332.10
-3.23%Weighted Avg Shares (Diluted)
383.40
377.40
365.80
354.80
343.30
345.90
334.50
-3.30%Cash
$1047.70
936.50
661.80
1383.80
1303.20
1007.80
1473.10
1494.30
3018.50
3210.40
2540.50
3873.60
3051.10
3063.10
12.62%0.39%Assets (Current)
$1047.70
936.50
661.80
1383.80
1303.20
1007.80
1473.10
1494.30
3018.50
3210.40
2540.50
3873.60
3051.10
3063.10
12.62%0.39%Securities & Long-term Investments
$298.00
11.00
6.50
Property, Plant & Equipment (Net)
$72.60
109.50
193.70
146.90
195.40
325.00
401.10
462.20
683.70
392.90
471.60
445.40
509.60
479.90
17.93%-5.83%Goodwill & Intangibles
$38.90
38.90
94.80
87.20
80.00
80.00
109.20
163.50
163.50
163.50
163.50
163.50
163.50
163.50
13.94%0.00%Other Assets
$5741.70
7696.50
9245.10
9526.30
9970.80
10762.50
12087.30
13460.40
15017.50
20222.30
27143.10
28073.40
27423.10
30661.40
15.52%11.81%Assets (Non-current)
$6151.20
7844.90
9533.60
9760.40
10246.20
11167.50
12608.60
14092.60
15864.70
20778.70
27778.20
28682.30
28096.20
31304.80
15.02%11.42%Assets (Total)
$7248.20
8856.40
10202.50
11151.00
11558.90
12184.60
14114.60
15606.60
18912.30
24015.90
30351.10
32582.40
31170.80
34398.20
14.64%10.35%Accounts Payable
$893.80
1232.40
1355.30
1402.20
1454.10
1508.70
1752.20
1912.10
2507.50
3387.30
4498.60
4350.00
4082.10
4163.90
15.47%2.00%Debt (Non-current)
$2493.10
3509.00
3682.80
3811.50
3271.30
2871.60
3203.50
3399.40
4283.30
5412.40
6066.90
5094.50
5966.90
5937.90
6.71%-0.49%Other Liabilities
$454.40
292.20
403.90
519.80
513.50
476.70
Liabilities (Non-current)
$2947.50
3801.20
4086.70
4331.30
3784.80
3348.30
3203.50
3399.40
4283.30
5412.40
6066.90
5094.50
5966.90
5937.90
5.10%-0.49%Liabilities (Total)
$3653.50
4795.00
5082.80
5255.60
4765.90
4437.00
4955.70
5311.50
6790.80
8799.70
10565.50
9444.50
10049.00
10101.80
9.02%0.53%Treasury Stock
$134.30
134.30
134.30
134.30
134.30
194.90
322.40
802.20
1162.60
2036.60
3142.50
4329.80
3563.80
5130.30
37.13%43.96%Retained Earnings
$1743.10
2145.60
2630.50
3289.60
4057.20
4946.00
6217.90
7640.10
9757.80
13644.30
19185.30
23589.80
20914.50
25510.20
26.72%21.97%AOCI
$0.20
1.90
2.20
1.40
Shareholder's Equity
$3594.70
4061.40
5119.70
5895.40
6793.00
7747.60
9158.90
10295.10
12121.50
15216.20
19785.60
23137.90
21121.80
24296.40
18.44%15.03%Liabilities & Equity
$7248.20
8856.40
10202.50
11151.00
11558.90
12184.60
14114.60
15606.60
18912.30
24015.90
30351.10
32582.40
31170.80
34398.20
14.64%10.35%Net Income/Loss
$956.30
462.70
533.50
750.70
886.30
1038.40
1462.30
1618.60
2380.50
4191.20
5895.60
4795.20
1917.90
2139.40
15.79%11.55%Depreciation & Amortization
$59.20
62.40
65.80
59.70
66.40
59.70
72.30
82.90
90.60
82.10
81.40
91.60
46.50
41.10
4.05%-11.61%Increase/Decrease in Working Capital
$628.10
563.80
857.90
57.40
407.80
748.10
1076.00
882.70
1090.90
3862.00
5590.70
774.20
593.50
1371.10
1.92%131.02%Share-based Compensation
$18.10
19.00
26.20
42.20
49.00
59.20
55.80
73.20
77.80
91.40
105.10
111.20
51.30
65.90
17.94%28.46%Adjustments to Reconcile Net Income
$-1254.40
-1693.80
-1194.90
-50.30
-268.30
-603.30
-917.10
-726.50
-958.90
-3656.80
-5333.80
-491.10
-444.30
-2609.50
-487.33%Net Cash (Operating)
$-298.10
-1231.10
-661.40
700.40
618.00
435.10
545.20
892.10
1421.60
534.40
561.80
4304.10
1473.60
-470.10
-131.90%Capital Expenditure
$130.10
1303.00
857.90
223.60
178.00
161.40
4.60
406.20
167.40
255.40
419.70
309.50
182.70
62.40
8.20%-65.85%Net Cash (Investing)
$-138.30
180.90
-282.10
-95.40
-112.60
-171.00
2.60
-394.00
-166.10
-252.20
-414.90
-310.20
-180.60
-66.00
63.46%Increase/Decrease in Debt
$748.40
962.80
630.70
134.50
-549.70
-410.30
199.50
93.30
906.90
1077.30
572.50
-1061.60
-138.40
799.40
677.60%Increase/Decrease in Equity
$50.90
29.70
45.20
61.80
72.40
-13.90
-80.10
-336.40
-337.00
-792.20
-1096.60
-1153.00
-406.90
-762.60
-87.42%Interest Expenses
$19.50
5.60
Dividends Paid
$47.80
60.20
48.60
91.60
118.70
149.60
188.40
223.40
256.00
289.30
316.50
341.20
171.70
199.10
19.56%15.96%Net Cash (Financing)
$751.50
939.00
627.90
117.00
-586.00
-559.50
-82.50
-490.10
270.60
-85.10
-811.20
-2666.70
-791.30
-270.60
65.80%Cash Taxes Paid
$6.10
34.80
279.80
334.00
389.90
446.40
387.20
488.00
581.30
1137.80
1701.10
1442.00
64.36%Increase/Decrease in Cash
$315.10
-111.20
-315.60
722.00
-80.60
-295.40
465.30
8.00
1526.10
197.10
-664.30
1327.20
501.70
-806.70
13.97%-260.79%Cash (Beginning)
$732.60
1047.70
977.40
661.80
1383.80
1303.20
1007.80
2572.90
3900.10
51.58%Cash (Ending)
$1047.70
936.50
661.80
1383.80
1303.20
1007.80
1473.10
3074.60
3093.40
0.61%NOPAT
$510.24
441.44
409.89
776.47
954.56
885.19
1618.47
1571.20
4188.97
5882.52
4708.26
1856.91
2021.87
22.39%8.88%Gross Margin %
17.56%
20.25%
20.23%
19.16%
19.89%
19.64%
22.84%
22.01%
28.35%
31.37%
26.37%
25.89%
25.78%
Operating Margin %
3.06%
7.66%
7.95%
10.47%
11.30%
8.93%
12.40%
11.59%
19.15%
22.61%
17.21%
15.97%
15.59%
NOPAT Margin %
12.04%
7.25%
5.22%
7.35%
8.05%
6.44%
10.07%
8.93%
15.08%
17.57%
13.28%
12.19%
12.01%
Net Margin %
22.57%
7.60%
6.79%
7.11%
7.47%
7.56%
9.09%
9.20%
15.03%
17.50%
13.38%
12.48%
12.59%
Tax Rate %
-293.70%
5.29%
34.37%
29.73%
28.81%
27.86%
18.80%
22.96%
21.24%
22.30%
22.84%
23.67%
22.93%
ROA
7.04%
4.98%
4.02%
6.96%
8.26%
7.26%
11.47%
10.07%
17.44%
19.38%
14.45%
5.96%
5.88%
ROE
14.19%
10.87%
8.01%
13.17%
14.05%
11.43%
17.67%
15.26%
27.53%
29.73%
20.35%
8.79%
8.32%
ROIC
457.61%
297.47%
142.08%
331.68%
346.61%
218.56%
317.16%
251.11%
752.87%
926.24%
773.24%
275.87%
314.25%
Asset Turnover
0.58
0.69
0.77
0.95
1.03
1.13
1.14
1.13
1.16
1.10
1.09
0.49
0.49
Equity Multiplier
2.02
2.18
1.99
1.89
1.70
1.57
1.54
1.52
1.56
1.58
1.53
1.41
1.48
1.42
Current Ratio
1.17
0.76
0.49
0.99
0.90
0.67
0.84
0.78
1.20
0.95
0.56
0.89
0.75
0.74
Quick Ratio
1.17
0.76
0.49
0.99
0.90
0.67
0.84
0.78
1.20
0.95
0.56
0.89
0.75
0.74
Debt/Equity Ratio
0.69
0.86
0.72
0.65
0.48
0.37
0.35
0.33
0.35
0.36
0.31
0.22
0.28
0.24
Interest Coverage Ratio
6.65
83.23
Dividend Payout Ratio %
9.37%
13.64%
11.86%
11.80%
12.44%
16.90%
11.64%
14.22%
6.91%
5.38%
7.25%
9.25%
9.85%
Total Payout
$-732.00
-926.70
-627.30
-104.70
596.00
573.80
69.00
466.50
-313.90
4.20
840.60
2555.80
717.00
162.30
-77.36%Payout Ratio %
-143.46%
-209.93%
-153.04%
-13.48%
62.44%
64.82%
4.26%
29.69%
0.10%
14.29%
54.28%
38.61%
8.03%