D.R. Horton, Inc. (DHI)
NYSE: DHI · Real-Time Price · USD
152.28
-5.35 (-3.39%)
At close: Nov 6, 2026, 4:00 PM EST
152.65
+0.37 (0.24%)
After-hours: Nov 6, 2026, 7:30 PM EST
D.R. Horton Income Statement
Financials in millions USD. Fiscal year is October - September.
Millions USD. Fiscal year is Oct - Sep.
Fiscal Quarter | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 9,152 | 9,006 | 7,365 | 6,702 | 9,460 | 8,998 | 7,521 | 7,431 | 9,781 | 9,723 | 8,882 | 7,533 | 10,285 | 9,497 | 7,757 | 7,121 | 9,505 | 8,534 | 7,777 | 6,869 |
Other Revenue | 219.2 | 220.7 | 192.8 | 184.6 | 218.2 | 227.8 | 212.9 | 182.3 | 222 | 242.3 | 225.6 | 192.6 | 219.5 | 228.5 | 216.4 | 137 | 134.2 | 254.3 | 222.1 | 184.3 |
| 9,371 | 9,227 | 7,558 | 6,887 | 9,678 | 9,226 | 7,734 | 7,613 | 10,003 | 9,966 | 9,107 | 7,726 | 10,504 | 9,726 | 7,973 | 7,258 | 9,639 | 8,788 | 7,999 | 7,053 | |
Revenue Growth (YoY) | -3.17% | 0.01% | -2.27% | -9.54% | -3.25% | -7.42% | -15.08% | -1.46% | -4.77% | 2.47% | 14.23% | 6.45% | 8.97% | 10.67% | -0.33% | 2.90% | 18.87% | 20.64% | 24.07% | 18.88% |
Cost of Revenue | 7,320 | 7,059 | 5,823 | 5,281 | 7,524 | 6,962 | 5,804 | 5,686 | 7,404 | 7,309 | 6,761 | 5,714 | 7,663 | 7,131 | 5,972 | 5,269 | 6,721 | 5,869 | 5,415 | 4,901 |
Gross Profit | 1,910 | 2,018 | 1,594 | 1,479 | 2,012 | 2,117 | 1,790 | 1,793 | 2,453 | 2,506 | 2,199 | 1,886 | 2,707 | 2,460 | 1,870 | 1,870 | 2,786 | 2,793 | 2,455 | 2,035 |
Selling, General & Admin | 825.7 | 819.1 | 743.5 | 720.1 | 804.9 | 773.3 | 738.4 | 723.9 | 788.5 | 745.6 | 709.4 | 683.5 | 727 | 697.4 | 626.7 | 602.9 | 685.1 | 603.3 | 557.1 | 540.6 |
Operating Expenses | 825.7 | 819.1 | 743.5 | 720.1 | 804.9 | 773.3 | 738.4 | 723.9 | 788.5 | 745.6 | 709.4 | 683.5 | 727 | 697.4 | 626.7 | 602.9 | 685.1 | 603.3 | 557.1 | 540.6 |
Operating Income | 1,084 | 1,199 | 850.8 | 759.2 | 1,207 | 1,344 | 1,052 | 1,069 | 1,664 | 1,760 | 1,490 | 1,202 | 1,980 | 1,763 | 1,243 | 1,268 | 2,101 | 2,190 | 1,898 | 1,495 |
Other Non Operating Income (Expenses) | 64.7 | 49.5 | 48.7 | 50.1 | 55.5 | 68.7 | 45.2 | 57.3 | 90 | 53.6 | 52.6 | 51.4 | 56.1 | 31.9 | 26.1 | 22.4 | 4.3 | 3.8 | 0.6 | 7.4 |
EBT Excluding Unusual Items | 1,149 | 1,248 | 899.5 | 809.3 | 1,262 | 1,412 | 1,097 | 1,127 | 1,754 | 1,814 | 1,542 | 1,254 | 2,036 | 1,795 | 1,269 | 1,290 | 2,106 | 2,194 | 1,899 | 1,502 |
Asset Writedown | -134.3 | -21.9 | -32.1 | -11.2 | -57.3 | -54.2 | -30 | -16.6 | -44.4 | -14.8 | -13.6 | -6.1 | -18.1 | -10.8 | -23.8 | -22.7 | -39.8 | -10.6 | -15.2 | -4.8 |
Pretax Income | 1,015 | 1,226 | 867.4 | 798.1 | 1,205 | 1,358 | 1,067 | 1,110 | 1,710 | 1,799 | 1,529 | 1,248 | 2,018 | 1,784 | 1,245 | 1,267 | 2,066 | 2,183 | 1,883 | 1,497 |
Income Tax Expense | 255.3 | 307.5 | 209.4 | 196.7 | 288 | 325 | 248 | 258 | 409.9 | 432.2 | 344.8 | 291.8 | 492.8 | 432.2 | 295.7 | 298.9 | 417.6 | 524 | 441 | 351.5 |
Earnings From Continuing Operations | 759.3 | 918.7 | 658 | 601.4 | 916.8 | 1,033 | 819.1 | 851.9 | 1,300 | 1,367 | 1,184 | 955.7 | 1,526 | 1,352 | 949.6 | 968.3 | 1,648 | 1,659 | 1,442 | 1,146 |
Minority Interest in Earnings | -17.5 | -13.8 | -10.1 | -6.6 | -11.5 | -8.5 | -8.7 | -7 | -16.4 | -13.2 | -11.6 | -8.3 | -15.8 | -16.6 | -7.4 | -9.6 | -16.4 | -11.5 | -6 | -4.2 |
Net Income | 741.8 | 904.9 | 647.9 | 594.8 | 905.3 | 1,025 | 810.4 | 844.9 | 1,283 | 1,354 | 1,172 | 947.4 | 1,510 | 1,335 | 942.2 | 958.7 | 1,632 | 1,648 | 1,436 | 1,142 |
Net Income to Common | 741.8 | 904.9 | 647.9 | 594.8 | 905.3 | 1,025 | 810.4 | 844.9 | 1,283 | 1,354 | 1,172 | 947.4 | 1,510 | 1,335 | 942.2 | 958.7 | 1,632 | 1,648 | 1,436 | 1,142 |
Net Income Growth (YoY) | -18.06% | -11.68% | -20.05% | -29.60% | -29.46% | -24.31% | -30.86% | -10.82% | -14.99% | 1.39% | 24.40% | -1.18% | -7.48% | -18.98% | -34.40% | -16.02% | 21.87% | 47.72% | 54.52% | 44.18% |
Shares Outstanding (Basic) | 277 | 282 | 288 | 292 | 296 | 304 | 313 | 322 | 325 | 328 | 331 | 333 | 337 | 340 | 342 | 344 | 347 | 351 | 353 | 356 |
Shares Outstanding (Diluted) | 278 | 283 | 289 | 293 | 297 | 305 | 314 | 323 | 327 | 330 | 333 | 336 | 339 | 342 | 345 | 347 | 350 | 353 | 356 | 360 |
Shares Change (YoY) | -6.56% | -7.18% | -7.96% | -9.28% | -9.13% | -7.63% | -5.79% | -3.69% | -3.54% | -3.56% | -3.36% | -3.23% | -2.97% | -3.06% | -3.20% | -3.67% | -3.42% | -3.00% | -2.97% | -2.68% |
EPS (Basic) | 2.68 | 3.21 | 2.25 | 2.03 | 3.06 | 3.37 | 2.59 | 2.63 | 3.95 | 4.12 | 3.54 | 2.84 | 4.49 | 3.93 | 2.75 | 2.79 | 4.70 | 4.70 | 4.07 | 3.21 |
EPS (Diluted) | 2.67 | 3.20 | 2.24 | 2.03 | 3.05 | 3.36 | 2.58 | 2.61 | 3.92 | 4.10 | 3.52 | 2.82 | 4.44 | 3.90 | 2.73 | 2.76 | 4.67 | 4.67 | 4.03 | 3.17 |
EPS Growth (YoY) | -12.38% | -4.76% | -13.18% | -22.22% | -22.20% | -18.05% | -26.71% | -7.45% | -11.85% | 5.13% | 28.94% | 2.17% | -4.86% | -16.49% | -32.26% | -12.93% | 26.57% | 52.61% | 59.29% | 48.13% |
Additional Metrics
Fiscal Quarter | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2,573 | 397.3 | -449.7 | 826.6 | 2,428 | 692.6 | -470.5 | 633.4 | 1,930 | 636.3 | -340.4 | -201 | 2,003 | 758.4 | 612.8 | 781.6 | 1,084 | 236.3 | -702.1 | -205 |
Free Cash Flow Per Share | 9.26 | 1.40 | -1.56 | 2.82 | 8.16 | 2.27 | -1.50 | 1.96 | 5.90 | 1.93 | -1.02 | -0.60 | 5.90 | 2.22 | 1.78 | 2.25 | 3.10 | 0.67 | -1.97 | -0.57 |
Dividend Per Share | 0.450 | 0.450 | 0.450 | 0.450 | 0.400 | 0.400 | 0.400 | 0.400 | 0.300 | 0.300 | 0.300 | 0.300 | 0.250 | 0.250 | 0.250 | 0.250 | 0.225 | 0.225 | 0.225 | 0.225 |
Dividend Growth (YoY) | 12.50% | 12.50% | 12.50% | 12.50% | 33.33% | 33.33% | 33.33% | 33.33% | 20.00% | 20.00% | 20.00% | 20.00% | 11.11% | 11.11% | 11.11% | 11.11% | 12.50% | 12.50% | 12.50% | 12.50% |
Gross Margin | 20.38% | 21.87% | 21.09% | 21.48% | 20.79% | 22.95% | 23.15% | 23.55% | 24.52% | 25.14% | 24.14% | 24.41% | 25.77% | 25.30% | 23.45% | 25.77% | 28.91% | 31.79% | 30.69% | 28.86% |
Operating Margin | 11.57% | 12.99% | 11.26% | 11.02% | 12.47% | 14.56% | 13.60% | 14.04% | 16.64% | 17.66% | 16.36% | 15.56% | 18.85% | 18.13% | 15.59% | 17.46% | 21.80% | 24.92% | 23.73% | 21.19% |
Profit Margin | 7.92% | 9.81% | 8.57% | 8.64% | 9.35% | 11.11% | 10.48% | 11.10% | 12.83% | 13.58% | 12.87% | 12.26% | 14.37% | 13.73% | 11.82% | 13.21% | 16.93% | 18.75% | 17.96% | 16.18% |
Free Cash Flow Margin | 27.45% | 4.31% | -5.95% | 12.00% | 25.09% | 7.51% | -6.08% | 8.32% | 19.29% | 6.39% | -3.74% | -2.60% | 19.07% | 7.80% | 7.69% | 10.77% | 11.25% | 2.69% | -8.78% | -2.91% |
EBITDA | 1,116 | 1,228 | 878.9 | 786.9 | 1,234 | 1,369 | 1,077 | 1,093 | 1,688 | 1,783 | 1,511 | 1,222 | 2,002 | 1,787 | 1,270 | 1,287 | 2,123 | 2,211 | 1,918 | 1,514 |
EBITDA Margin | 11.91% | 13.30% | 11.63% | 11.43% | 12.75% | 14.84% | 13.92% | 14.36% | 16.87% | 17.89% | 16.59% | 15.82% | 19.06% | 18.37% | 15.93% | 17.74% | 22.02% | 25.16% | 23.97% | 21.47% |
D&A For EBITDA | 31.7 | 29 | 28.1 | 27.7 | 27.4 | 25.2 | 24.6 | 24.1 | 23.6 | 22.4 | 21.1 | 20 | 21.4 | 23.7 | 26.7 | 19.8 | 21.2 | 20.9 | 19.9 | 19.4 |
EBIT | 1,084 | 1,199 | 850.8 | 759.2 | 1,207 | 1,344 | 1,052 | 1,069 | 1,664 | 1,760 | 1,490 | 1,202 | 1,980 | 1,763 | 1,243 | 1,268 | 2,101 | 2,190 | 1,898 | 1,495 |
EBIT Margin | 11.57% | 12.99% | 11.26% | 11.02% | 12.47% | 14.56% | 13.60% | 14.04% | 16.64% | 17.66% | 16.36% | 15.56% | 18.85% | 18.13% | 15.59% | 17.46% | 21.80% | 24.92% | 23.73% | 21.19% |
Effective Tax Rate | 25.16% | 25.08% | 24.14% | 24.65% | 23.90% | 23.93% | 23.24% | 23.24% | 23.97% | 24.02% | 22.56% | 23.39% | 24.42% | 24.23% | 23.75% | 23.59% | 20.21% | 24.00% | 23.42% | 23.48% |