D.R. Horton (DHI)
Builds US homes while developing lots, rental communities, and buyer financing services.
$141.57
vs last close−2.54 (−1.76%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Sep 2023 | Q1 FY24Dec 2023 | Q2 FY24Mar 2024 | Q3 FY24Jun 2024 | Q4 FY24Sep 2024 | Q1 FY25Dec 2024 | Q2 FY25Mar 2025 | Q3 FY25Jun 2025 | Q4 FY25Sep 2025 | Q1 FY26Dec 2025 | Q2 FY26Mar 2026 | Q3 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10,504 | 7,726 | 9,107 | 9,966 | 10,003 | 7,613 | 7,734 | 9,226 | 9,678 | 6,887 | 7,558 | 9,227 |
| Cost of revenue | 7,681 | 5,720 | 6,774 | 7,324 | 7,448 | 5,703 | 5,834 | 7,017 | 7,581 | 5,292 | 5,855 | 7,081 |
| Gross profit | 2,823 | 2,006 | 2,333 | 2,642 | 2,554 | 1,910 | 1,900 | 2,209 | 2,097 | 1,595 | 1,703 | 2,146 |
| 839 | 809 | 843 | 879 | 896 | 878 | 899 | 944 | 971 | 865 | 903 | 920 | |
| Selling, general & administrative | 839 | 809 | 843 | 879 | 896 | 878 | 899 | 944 | 971 | 865 | 903 | 991 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −71 |
| Operating income | 1,984 | 1,198 | 1,490 | 1,763 | 1,659 | 1,032 | 1,002 | 1,265 | 1,126 | 730 | 800 | 1,226 |
| 34 | 50 | 39 | 36 | 51 | 78 | 66 | 93 | 79 | 69 | 67 | 0 | |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31 | 60 | 0 |
| Other non-operating income | −34 | −50 | −39 | −36 | −51 | −78 | −66 | −93 | −79 | −100 | 67 | 0 |
| Income before tax | 2,018 | 1,248 | 1,529 | 1,799 | 1,710 | 1,110 | 1,067 | 1,358 | 1,205 | 798 | 867 | 1,226 |
| Income tax expense | 493 | 292 | 345 | 432 | 410 | 258 | 248 | 325 | 288 | 203 | 209 | 308 |
| Net income from continuing operations | 1,526 | 956 | 1,184 | 1,367 | 1,300 | 852 | 819 | 1,033 | 917 | 595 | 658 | 919 |
| Net income | 1,510 | 947 | 1,172 | 1,354 | 1,283 | 845 | 810 | 1,025 | 905 | 595 | 648 | 905 |
| EPS, basic | $4.49 | $2.84 | $3.54 | $4.12 | $3.95 | $2.63 | $2.59 | $3.37 | $3.06 | $2.03 | $2.25 | $3.19 |
| EPS, diluted | $4.45 | $2.82 | $3.52 | $4.10 | $3.92 | $2.61 | $2.58 | $3.36 | $3.04 | $2.03 | $2.24 | $3.18 |
| Weighted average shares, basic | 337 | 333 | 331 | 328 | 325 | 322 | 313 | 296 | 296 | 292 | 288 | 288 |
| Weighted average shares, diluted | 339 | 336 | 333 | 330 | 327 | 324 | 314 | 297 | 297 | 293 | 289 | 288 |
| EBITDA | 2,040 | 1,268 | 1,550 | 1,821 | 1,733 | 1,134 | 1,092 | 1,383 | 1,232 | 857 | 761 | 1,255 |
| Depreciation & amortization | 21 | 20 | 21 | 22 | 24 | 24 | 25 | 25 | 27 | 28 | 28 | 29 |
| EBIT | 2,018 | 1,248 | 1,529 | 1,799 | 1,710 | 1,110 | 1,067 | 1,358 | 1,205 | 829 | 733 | 1,226 |