Stocks Consumer discretionary DHI
NYSE · Consumer discretionaryHorton D R Inc (DHI)
Horton D R Inc brought in $33.3B of revenue over the twelve months to June 30, 2026, down 3.5% from a year earlier. Net income was $3.1B, a net margin of 9.2%. Operating cash flow minus capital spending left $3.3B of free cash flow in fiscal 2025. At June 30, 2026 it held $2.1B in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 23, 2026.
Key facts about Horton D R Inc
- Net worth
- Horton D R Inc has a market value (market cap) of $41.9B at the latest share price, and shareholders' equity of $23.8B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $34.3B (-6.9% year on year), with net income of $3.6B. Over the 12 months to June 30, 2026: revenue $33.3B, net income $3.1B.
- Cash flow
- In fiscal 2025 operations brought in $3.4B of cash; after $137.4M of capital spending, free cash flow was $3.3B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on July 23, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Horton D R Inc's next report is expected around January 19, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Horton D R Inc paid dividends of $1.60 per share in fiscal 2025, a yield of 1.07% at the current price.
What Horton D R Inc does
D.R. Horton constructs and sells single-family homes, townhomes, and multi-family residential properties across the United States. The company builds homes for entry-level and move-up buyers, acquires and develops residential land, and provides originating mortgage financing and title services to homebuyers. Its shares trade on NYSE under the ticker DHI.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $34.3B | $3.6B | $11.57 | $3.3B |
| 2024 | $36.8B | $4.8B | $14.34 | $2B |
| 2023 | $35.5B | $4.7B | $13.82 | $4.2B |
| 2022 | $33.5B | $5.9B | $16.51 | $413.6M |
| 2021 | $27.8B | $4.2B | $11.41 | $440.9M |
| 2020 | $20.3B | $2.4B | $6.41 | $1.3B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where DHI ranks in Consumer discretionary
Dividends
Horton D R Inc paid $1.60 per share in fiscal 2025. At the current price that is a yield of 1.07%. It paid out $494.8M in cash dividends, 14% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.60 | $494.8M | 14% |
| 2024 | $1.20 | $395.2M | 8% |
| 2023 | $1.00 | $341.2M | 7% |
| 2022 | $0.90 | $316.5M | 5% |
| 2021 | $0.80 | $289.3M | 7% |
| 2020 | $0.70 | $256M | 11% |
Latest SEC filings
What Horton D R Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 29, 2026
- October 26, 2026
- September 15, 2026Other event 8-K
- August 10, 2026Passive stake changed SCHEDULE 13G/A
- July 27, 2026Passive stake changed SCHEDULE 13G/A
- July 23, 2026Quarterly report 10-Q · period to June 30, 2026Revenue was flat at $9.2B versus the same quarter last year; diluted EPS $3.20 versus $3.36.
- July 21, 2026
- May 12, 2026
- April 29, 2026Passive stake (5% or more) SCHEDULE 13G
- April 23, 2026Quarterly report 10-Q · period to March 31, 2026Revenue fell 2.3% to $7.6B versus the same quarter last year; diluted EPS $2.24 versus $2.58.
What is DHI worth? A DCF from its reported cash flow
Insider trades
What the people running Horton D R Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 32 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 8, 2026 | Auld David VExecutive Chairman, Director | Exercised options | 6,198 | - |
| November 8, 2026 | Auld David VExecutive Chairman, Director | Shares withheld for tax | 2,294 | $349.3K |
| November 8, 2026 | Romanowski Paul JPresident and CEO, Director | Exercised options | 2,094 | - |
| November 8, 2026 | Romanowski Paul JPresident and CEO, Director | Shares withheld for tax | 824 | $125.5K |
| November 8, 2026 | Murray Michael JEVP and COO | Exercised options | 2,094 | - |
| November 8, 2026 | Murray Michael JEVP and COO | Shares withheld for tax | 824 | $125.5K |
| November 8, 2026 | Wheat Bill WEVP and CFO | Exercised options | 1,888 | - |
| November 8, 2026 | Wheat Bill WEVP and CFO | Shares withheld for tax | 743 | $113.1K |
Who owns DHI
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| D.R. Horton, Inc.13D, may seek influence | 62.1% | November 1, 2024 |
| Capital World Investors13G, passive | 12.8% | February 13, 2026 |
| Donald Ryan Horton13G, passive with 5 related filers | 8.15% | August 10, 2026 |
| Vanguard Capital Management13G, passive | 6.86% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 1,237 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Capital World Investors | 37,280,759 | +344,653 |
| BlackRock, Inc. | 24,974,471 | -2,868,761 |
| Vanguard Capital Management LLC | 16,937,322 | -283,907 |
| Vanguard Portfolio Management LLC | 12,400,299 | -166,203 |
| State Street Corp | 12,077,744 | +218,147 |
| Fmr LLC | 9,440,491 | -323,107 |
| Geode Capital Management, LLC | 7,224,096 | -50,778 |
| Capital Research Global Investors | 5,686,635 | +1,028,889 |
| Morgan Stanley | 3,696,034 | -147,834 |
| Goldman Sachs Group Inc | 3,554,668 | +28,705 |
| Greenhaven Associates Inc | 3,505,800 | +38,880 |
| Invesco Ltd. | 3,471,522 | +73,350 |
| Norges Bank | 3,247,214 | new |
| Dimensional Fund Advisors LP | 3,123,368 | +41,696 |
| Bank of America Corp | 2,930,736 | -295,950 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 2,903,786 | +122,434 |
| Franklin Resources Inc | 2,862,742 | -89,176 |
| Northern Trust Corp | 2,746,152 | -55,531 |
| Charles Schwab Investment Management Inc | 2,035,785 | +11,771 |
| Principal Financial Group Inc | 2,020,121 | -135,460 |
Insiders
12 insiders reported holding 1,863,222 shares in total, about $278.9M at the last price.
| Holder | Shares |
|---|---|
| Auld David VExecutive Chairman, Director | 980,085 |
| Wheat Bill WEVP and CFO | 364,111 |
| Romanowski Paul JPresident and CEO, Director | 244,713 |
| Murray Michael JEVP and COO | 191,22833,240 held indirectly |
| Anderson Bradley SDirector | 37,087 |
| Miller Maribess LDirector | 22,604 |
| Carson Benjamin SrDirector | 10,064 |
| Odom Aron M.SVP, Controller and PAO | 8,327 |
| Buchanan Michael RDirector | 1,482 |
| Crow M ChadDirector | 1,263 |
Questions about DHI
What does Horton D R Inc do?
D.R. Horton constructs and sells single-family homes, townhomes, and multi-family residential properties across the United States. The company builds homes for entry-level and move-up buyers, acquires and develops residential land, and provides originating mortgage financing and title services to homebuyers. Its shares trade on NYSE under the ticker DHI.
What is Horton D R Inc's net worth?
Horton D R Inc has a market value (market cap) of $41.9B at the latest share price, and shareholders' equity of $23.8B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Horton D R Inc profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $3.1B on revenue of $33.3B, a net margin of 9.2%.
How much revenue does Horton D R Inc make?
Over the twelve months to June 30, 2026 Horton D R Inc reported revenue of $33.3B. That is 3.5% less than a year earlier.
When did Horton D R Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on July 23, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from November 9, 2026.
When is Horton D R Inc's next earnings report?
Horton D R Inc's next report is expected around January 19, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Horton D R Inc pay a dividend?
Yes. Horton D R Inc paid dividends of $1.60 per share in fiscal 2025, a yield of 1.07% at the current price.
Similar companies
Compare DHI with
Follow DHI
Get an email when Horton D R Inc files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Horton D R Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.