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 Income Statement
Financials in millions USD. Fiscal year is October - September.
Millions USD. Fiscal year is Oct - Sep.
Fiscal Quarter | 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 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | 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 | Sep '21 Sep 30, 2021 |
| 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 | 8,109 | |
Revenue Growth (YoY) | 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% | 26.70% |
Cost of Revenue | 7,081 | 5,855 | 5,292 | 7,581 | 7,017 | 5,834 | 5,703 | 7,448 | 7,324 | 6,774 | 5,720 | 7,681 | 7,142 | 5,996 | 5,291 | 6,761 | 5,879 | 5,430 | 4,906 | 5,703 |
Gross Profit | 2,146 | 1,703 | 1,595 | 2,097 | 2,209 | 1,900 | 1,910 | 2,554 | 2,642 | 2,333 | 2,006 | 2,823 | 2,584 | 1,977 | 1,967 | 2,878 | 2,909 | 2,569 | 2,148 | 2,406 |
Selling, General & Admin | 991.2 | 903.3 | 865.1 | 970.9 | 944.3 | 898.7 | 878.1 | 960.3 | 923.6 | 880.6 | 835 | 886.2 | 852.1 | 773.6 | 737 | 832.1 | 740.6 | 695.1 | 665.9 | 693 |
Total Operating Expenses | 991.2 | 903.3 | 865.1 | 970.9 | 944.3 | 898.7 | 878.1 | 960.3 | 923.6 | 880.6 | 835 | 886.2 | 852.1 | 773.6 | 737 | 832.1 | 740.6 | 695.1 | 665.9 | 693 |
Operating Income | 1,155 | 800 | 729.6 | 1,126 | 1,265 | 1,002 | 1,032 | 1,594 | 1,718 | 1,452 | 1,171 | 1,937 | 1,732 | 1,203 | 1,230 | 2,046 | 2,168 | 1,874 | 1,482 | 1,713 |
Total Non-Operating Income (Expense) | 71.2 | 67.4 | 68.5 | 79 | 93.2 | 65.6 | 77.8 | 115.7 | 80.6 | 76.2 | 76.3 | 81.2 | 52.2 | 42.2 | 37.7 | 19.5 | 15.1 | 9.3 | 15.5 | 13.4 |
Pretax Income | 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 | 1,727 |
Provision for Income Taxes | 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 | 381 |
Net Income | 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 | 1,346 |
Minority Interest in Earnings | 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 | 6.5 |
Net Income to Common | 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 | 1,339 |
Net Income Growth (YoY) | -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% | 61.52% |
Shares Outstanding (Basic) | 282 | 288 | 292 | 296 | 304 | 313 | 322 | 325 | 328 | 331 | 333 | 337 | 340 | 342 | 344 | 347 | 351 | 353 | 356 | 358 |
Shares Outstanding (Diluted) | 283 | 289 | 293 | 297 | 305 | 314 | 323 | 327 | 330 | 333 | 336 | 339 | 342 | 345 | 347 | 350 | 353 | 356 | 360 | 362 |
Shares Change (YoY) | -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% | -2.00% |
EPS (Basic) | 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 | 3.74 |
EPS (Diluted) | 3.20 | 2.24 | 2.03 | 3.04 | 3.36 | 2.58 | 2.61 | 3.92 | 4.10 | 3.52 | 2.82 | 4.45 | 3.90 | 2.73 | 2.76 | 4.67 | 4.67 | 4.03 | 3.17 | 3.70 |
EPS Growth (YoY) | -4.76% | -13.18% | -22.22% | -22.45% | -18.05% | -26.71% | -7.45% | -11.91% | 5.13% | 28.94% | 2.17% | -4.71% | -16.49% | -32.26% | -12.93% | 26.22% | 52.61% | 59.29% | 48.13% | 65.18% |
Free Cash Flow | 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 | 521.4 |
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% |
Free Cash Flow Per Share | 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 | 1.44 |
Dividends Per Share | 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 | 0.200 |
Dividend Growth (YoY) | 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% | 14.29% |
Gross Margin | 23.26% | 22.54% | 23.16% | 21.66% | 23.95% | 24.57% | 25.09% | 25.54% | 26.51% | 25.62% | 25.97% | 26.88% | 26.57% | 24.79% | 27.10% | 29.86% | 33.10% | 32.12% | 30.45% | 29.67% |
Operating Margin | 12.52% | 10.58% | 10.59% | 11.63% | 13.71% | 12.95% | 13.56% | 15.94% | 17.24% | 15.95% | 15.16% | 18.44% | 17.81% | 15.09% | 16.94% | 21.23% | 24.67% | 23.43% | 21.01% | 21.13% |
Profit Margin | 9.96% | 8.71% | 8.73% | 9.47% | 11.20% | 10.59% | 11.19% | 12.99% | 13.71% | 13.00% | 12.37% | 14.52% | 13.90% | 11.91% | 13.34% | 17.10% | 18.88% | 18.03% | 16.24% | 16.59% |
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% |
EBITDA | 1,184 | 828.1 | 757.3 | 1,153 | 1,290 | 1,026 | 1,056 | 1,618 | 1,741 | 1,473 | 1,191 | 1,959 | 1,755 | 1,230 | 1,249 | 2,068 | 2,189 | 1,894 | 1,501 | 1,732 |
EBITDA Margin | 12.83% | 10.96% | 11.00% | 11.92% | 13.98% | 13.27% | 13.87% | 16.17% | 17.47% | 16.18% | 15.42% | 18.65% | 18.05% | 15.42% | 17.21% | 21.45% | 24.91% | 23.68% | 21.28% | 21.35% |
EBIT | 1,155 | 800 | 729.6 | 1,126 | 1,265 | 1,002 | 1,032 | 1,594 | 1,718 | 1,452 | 1,171 | 1,937 | 1,732 | 1,203 | 1,230 | 2,046 | 2,168 | 1,874 | 1,482 | 1,713 |
EBIT Margin | 12.52% | 10.58% | 10.59% | 11.63% | 13.71% | 12.95% | 13.56% | 15.94% | 17.24% | 15.95% | 15.16% | 18.44% | 17.81% | 15.09% | 16.94% | 21.23% | 24.67% | 23.43% | 21.01% | 21.13% |
Effective Tax Rate | 25.08% | 24.14% | 24.65% | 23.90% | 23.93% | 23.24% | 23.25% | 23.97% | 24.02% | 22.56% | 23.39% | 24.42% | 24.23% | 23.75% | 23.59% | 20.21% | 24.00% | 23.42% | 23.48% | 22.07% |