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D.R. Horton, Inc. (DHI)
NYSE: DHI · Real-Time Price · USD
151.16
+3.51 (2.38%)
At close: Jul 28, 2026, 4:00 PM EDT
150.70
-0.46 (-0.30%)
After-hours: Jul 28, 2026, 7:44 PM EDT

D.R. Horton Cash Flow Statement

Millions USD. Fiscal year is Oct - Sep.

Operating Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Net Income
918.7658601.4916.81,033819.1851.91,3001,3671,184955.71,5261,352949.6968.31,6481,6591,4421,1461,346
Depreciation & Amortization
2928.127.727.425.224.624.123.622.421.12021.423.726.719.821.220.919.919.418.5
Stock-Based Compensation
31.534.641.429.925.932.24325.426.82540.930.629.328.422.925.724.830.923.721.7
Other Adjustments
56.765.830.779.362.38356.733.524.822.117.4-47.11.449.430.754.61.321.122.53.1
Changes in Inventories
-355.5-599.1-90.3971.7-268.1-297.3-1,062439.9-794.9-676-1,404-25.8-207.4185.4-316.8607.2-1,403-1,321-1,344-366
Changes in Accounts Payable
196.7335.3-254.1-69201.3-119.67154129.6-291.5127.5236.764.968.9-472.3-0.9442.7287.5306.2109.4
Changes in Other Operating Activities
-437.8-935.2497.2515.7-341.1-978.2661.885.4-77.2-601.189.3301.7-476.2-663.9576.5-1,231-474-1,141-347.3-563.3
Operating Cash Flow
439.3-412.58542,472738.6-436.2646.71,962698.3-316.7-153.42,043787.5644.5829.11,125271.8-660.5-174.1568.9
Operating Cash Flow Growth (YoY)
-40.52%-32.05%26.01%5.77%---3.98%-11.33%--81.66%189.74%--97.68%125.75%---31.68%

Investing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Capital Expenditures
-42-37.2-27.4-43.8-46-34.3-13.3-32-62-23.7-47.6-40.3-29.1-31.7-47.5-40.2-35.5-41.6-30.9-47.5
Sale of Property, Plant & Equipment
---4.5---4.5509.9520------0
Cash Acquisitions
0-5.8-82.100-2.1-51-2.5-36.90-1-10.9-98.5-6.4-97.10-271.5---0.1
Other Investing Activities
-11.1-1.2-6.7-5.9-1.4-17.20.5-1.2-3-0.6-2.5-0.30.41.7-1.82.8-0.64.42.3
Investing Cash Flow
-53.1-44.2-116.2-45.2-29-37.4-57.1-29.5-95.1-26.7-39.3-1.7-127.9-37.7-142.9-42-304.2-42.2-26.5-45.3

Financing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Long-Term Debt Issued
2,1001,0903052607901,562660816.328526572013602753001,6251,875750-627.5
Long-Term Debt Repaid
-1,898-736.9-154.9-1,252-325-810.7-755.4-415.4-240.4-230-170-1,149-25.4-350-300-1,750-1,300-750.2-0.6-33.5
Net Long-Term Debt Issued (Repaid)
201.9353.1150.1-991.7465751.3-95.4400.944.635550-1,013-25.4-750-125574.6-0.2-0.6594
Issuance of Common Stock
0--100--8.4010.61.66.85.87.45.56.34.7517.27.2
Repurchase of Common Stock
-610.4-975.3-678.9-705.3-1,169-1,388-1,083-558.2-437.1-461.7-414.4-419.1-339.9-331.8-143.8-272-290-294.7-336.8-187
Net Common Stock Issued (Repurchased)
-610.4-975.3-678.9-695.3-1,169-1,388-1,083-549.8-437.1-451.1-412.8-412.3-334.1-324.4-138.3-265.7-285.3-289.7-319.6-179.8
Common Dividends Paid
-127.1-129.7-131.5-118.4-122.4-125.5-128.5-97.7-98.4-99.2-99.9-84.3-85.2-85.6-86.1-78.1-79.2-79.1-80.1-71.6
Other Financing Activities
310.1620.9-557.8-252.8263.8676.4-757.4-161.5-185.7587.8-400.1-40.1118.5340.3-422.2274.8-182.5296.2-171.7401.9
Financing Cash Flow
-225.5-122.1-1,218-2,058-562.8-77.3-2,065-408.1-676.692.2-362.8-1,549-326.2-144.7-646.6-19427.6-72.8-572744.5

Net Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Net Cash Flow
160.7-578.8-480.3368.4146.8-550.9-1,4751,524-73.4-251.2-555.5492.1333.4462.139.6888.6-4.8-775.5-772.61,268

Free Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
397.3-449.7826.62,428692.6-470.5633.41,930636.3-340.4-2012,003758.4612.8781.61,084236.3-702.1-205521.4
Free Cash Flow Growth (YoY)
-42.64%-30.50%25.83%8.85%---3.65%-16.10%--84.68%220.95%--107.98%125.26%---31.96%
FCF Margin
4.31%-5.95%12.00%25.09%7.51%-6.08%8.32%19.29%6.38%-3.74%-2.60%19.07%7.80%7.69%10.77%11.25%2.69%-8.78%-2.91%6.43%
Free Cash Flow Per Share
1.40-1.562.828.162.27-1.501.965.901.93-1.02-0.605.902.221.782.253.100.67-1.97-0.571.44
Levered Free Cash Flow
497.2-207.18981,3161,061156.9431.32,255616.1-364.1282.4990.9685.6452.6718.4862.7773.3-760.3-2561,084
Unlevered Free Cash Flow
255.76-601.23702.882,259533.5-636.05473.981,783523.46-446.51-317.751,958688.05502.82699.19988.54198.72-761.22-263.06486.16
SEC Filings: 10-K · 10-Q