D.R. Horton revenue and financials
$136.75Change from previous close: +2.64%Absolute change: +$3.52
In the fiscal year ended September 2025, D.R. Horton reported revenue of $34.25B (−6.93% year over year). Net income was $3.59B, a net margin of 10.5%.
Fiscal year ending in September. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −6.93%
- FY to Sep 2025 vs FY to Sep 2024
- Net income growth
- −24.62%
- FY to Sep 2025 vs FY to Sep 2024
- Net margin
- 10.5%
- FY to Sep 2024: 12.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | FY to Sep 2025 | FY to Sep 2024 | FY to Sep 2023 | FY to Sep 2022 | FY to Sep 2021 | FY to Sep 2020 | FY to Sep 2019 | FY to Sep 2018 | FY to Sep 2017 | FY to Sep 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,421 | 2,190 | 4,304 | 562 | 534 | 1,422 | 892 | 545 | 440 | 624 |
| Depreciation and amortization | 101 | 87.1 | 91.6 | 81.4 | 82.1 | 90.6 | 72.0 | 62.4 | 54.7 | 61.0 |
| Capital expenditure | -137 | -165 | -149 | -148 | -93.5 | -96.5 | -127 | -68.1 | -103 | -78.1 |
| Investing cash flow | -169 | -191 | -310 | -415 | -252 | — | — | — | — | — |
| Financing cash flow | -4,763 | -1,355 | -2,667 | -811 | -85.1 | — | — | — | — | — |
| Dividends paid | -495 | -395 | -341 | -317 | -289 | -256 | -223 | -188 | -150 | -119 |
| Share repurchases | -4,300 | -1,800 | -1,200 | -1,100 | -874 | -360 | -480 | -128 | -60.6 | 0.0 |
| Debt issued | 3,272 | 2,086 | 762 | 4,374 | — | — | — | — | — | — |
| Debt repaid | -3,268 | -1,192 | -1,824 | -3,801 | — | — | — | — | — | — |
| Net change in cash | -1,511 | 644 | 1,327 | -664 | 197 | — | — | — | — | — |
| Free cash flow | 3,284 | 2,025 | 4,156 | 414 | 267 | — | — | — | — | — |
| Levered free cash flow | 2,174 | 922 | 3,136 | -1,240 | -938 | — | — | — | — | — |