D.R. Horton, Inc. (DHI)

D.R. Horton Cash Flow Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Net Income	4,004	4,806	4,795	5,896	4,191	2,381
Depreciation & Amortization	97.5	87.1	91.6	81.4	82.1	90.6
Stock-Based Compensation	126.5	118.1	111.2	105.1	91.4	77.8
Other Adjustments	235.5	97.8	34.4	99.5	22.7	-21.6
Changes in Inventories	-1,187	-2,435	-364.6	-3,462	-3,456	-1,064
Changes in Accounts Payable	206.7	19.6	-101.8	1,036	845.1	566.2
Changes in Other Operating Activities	-572.1	-503.6	-261.9	-3,194	-1,243	-608.4
Operating Cash Flow	2,911	2,190	4,304	561.8	534.4	1,422
Operating Cash Flow Growth	28.16%	-49.12%	666.13%	5.13%	-62.41%	59.35%
Capital Expenditures	-125.6	-165.3	-148.6	-148.2	-267.4	-286.8
Sale of Property, Plant & Equipment	-	19.4	52	-	37.6	129.8
Payments for Business Acquisitions	-	-40.4	-212.9	-271.5	-24.5	-9.7
Other Investing Activities	5.3	-4.3	-0.7	4.8	2.1	0.6
Investing Cash Flow	-153	-190.6	-310.2	-414.9	-252.2	-166.1
Long-Term Debt Issued	3,828	2,086	711	4,250	1,542	2,346
Long-Term Debt Repaid	-2,307	-1,056	-1,824	-3,801	-826.3	-1,683
Net Long-Term Debt Issued (Repaid)	1,522	1,031	-1,113	448.8	715.3	663.2
Issuance of Common Stock	-	40.3	25.5	34.9	56.2	23.4
Repurchase of Common Stock	-4,199	-1,871	-1,235	-1,194	-926.9	-398.6
Net Common Stock Issued (Repurchased)	-4,199	-1,831	-1,209	-1,159	-870.7	-375.2
Common Dividends Paid	-474.1	-395.2	-341.2	-316.5	-289.3	-256
Other Financing Activities	21.3	-159.5	-3.5	215.1	359.6	238.6
Financing Cash Flow	-3,113	-1,355	-2,667	-811.2	-85.1	270.6
Net Cash Flow	-355.1	643.9	1,327	-664.3	197.1	1,526
Beginning Cash & Cash Equivalents	3,020	3,900	2,573	3,237	3,040	1,514
Ending Cash & Cash Equivalents	2,665	4,544	3,900	2,573	3,237	3,040
Free Cash Flow	2,785	2,025	4,156	413.6	267	1,135
Free Cash Flow Growth	37.57%	-51.28%	904.72%	54.91%	-76.47%	69.88%
FCF Margin	8.06%	5.50%	11.72%	1.24%	0.96%	5.59%
Free Cash Flow Per Share	8.77	6.11	12.10	1.17	0.73	3.07
Levered Free Cash Flow	3,904	2,790	2,848	619.7	852.8	1,735
Unlevered Free Cash Flow	2,154	1,542	3,848	163.18	123.56	1,004

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q