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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 34,250 | 36,801 | 35,460 | 33,480 | 27,774 | 20,311 | 17,593 | 16,068 | 14,091 | 12,157 |
| Cost of revenue | 26,134 | 27,266 | 26,110 | 22,976 | 19,899 | 15,373 | 13,721 | 12,398 | 11,043 | 9,503 |
| Gross profit | 7,712 | 9,043 | 8,913 | 10,070 | 7,445 | — | — | — | — | — |
| Selling, general and administrative | 3,041 | 2,927 | 2,654 | 2,386 | 2,068 | — | — | — | — | — |
| Operating income | 4,671 | 6,116 | 6,259 | 7,684 | 5,377 | — | — | — | — | — |
| EBIT | 4,671 | 6,116 | 6,259 | 7,684 | 5,377 | — | — | — | — | — |
| EBITDA | 4,773 | 6,203 | 6,350 | 7,765 | 5,459 | — | — | — | — | — |
| Interest expense | — | — | — | — | — | — | — | 0.0 | — | — |
| Pre-tax income | 4,740 | 6,285 | 6,315 | 7,630 | 5,356 | — | — | — | — | — |
| Income tax | 1,119 | 1,479 | 1,520 | 1,734 | 1,165 | 603 | 507 | 598 | 564 | 467 |
| Net income | 3,585 | 4,756 | 4,746 | 5,858 | 4,176 | 2,374 | 1,619 | 1,460 | 1,038 | 886 |
| Net income to common shareholders | 3,585 | 4,756 | 4,746 | 5,858 | 4,176 | — | — | — | — | — |
| Basic EPS | 11.62 | 14.44 | 13.93 | 16.65 | 11.56 | 6.49 | 4.34 | 3.88 | 2.77 | 2.39 |
| Diluted EPS | 11.57 | 14.34 | 13.82 | 16.51 | 11.41 | 6.41 | 4.29 | 3.81 | 2.74 | 2.36 |
| Average shares (basic) | 309 | 330 | 341 | 352 | 361 | — | — | — | — | — |
| Average shares (diluted) | 310 | 332 | 343 | 355 | 366 | 370 | 377 | 383 | 379 | 375 |
| Dividend per share | 1.60 | 1.20 | 1.00 | 0.90 | 0.80 | — | — | — | — | — |