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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 36,511 | 35,567 | 34,640 | 35,471 | 36,396 | 35,690 | 35,030 | 36,104 | 35,151 | 34,398 | 33,382 | 32,582 |
| Current assets | 35,503 | 34,627 | 33,651 | 34,476 | 35,406 | 34,739 | 30,944 | 35,068 | 34,139 | 33,436 | 32,385 | 31,646 |
| Cash and equivalents | 2,079 | 1,918 | 2,506 | 2,985 | 2,614 | 2,202 | 3,050 | 4,516 | 2,992 | 2,748 | 3,097 | 3,874 |
| Receivables | 283 | 297 | 307 | 331 | 291 | 350 | — | 304 | 320 | 324 | 295 | 333 |
| Inventory | 26,687 | 26,304 | 25,606 | 25,287 | 26,726 | 26,482 | 26,081 | 24,903 | 25,536 | 24,840 | 24,050 | 22,373 |
| Net property, plant and equipment | 671 | 656 | 648 | 638 | 606 | 582 | 524 | 578 | 568 | 523 | 515 | 488 |
| Goodwill | 164 | 164 | 164 | 164 | 164 | 164 | 164 | 164 | 164 | 164 | 164 | 164 |
| Other intangible assets | 35.8 | 20.1 | 48.2 | 27.1 | 19.8 | 5.3 | — | 5.9 | 5.0 | 2.8 | 18.0 | 11.1 |
| Long-term investments | 28.7 | 15.5 | 22.6 | 42.7 | 62.4 | 52.7 | — | 44.5 | 39.9 | 46.3 | 81.1 | 2.3 |
| Current liabilities | 5,907 | 6,551 | 5,314 | 5,369 | 5,425 | 5,006 | 4,573 | 5,915 | 5,263 | 6,361 | 6,113 | 4,818 |
| Accounts payable | 1,388 | 1,324 | 1,026 | 1,222 | 1,389 | 1,374 | 1,373 | 1,346 | 1,413 | 1,387 | 1,260 | 1,246 |
| Long-term debt | 4,700 | 3,371 | 3,359 | 3,957 | 5,045 | 4,572 | 3,812 | 3,139 | 3,500 | 2,569 | 2,561 | 3,425 |
| Total debt | 7,184 | 6,634 | 5,616 | 6,031 | 7,302 | — | — | — | — | — | — | — |
| Total liabilities | 12,105 | 11,368 | 10,084 | 10,729 | 11,803 | 10,831 | 9,567 | 10,280 | 10,001 | 10,102 | 9,778 | 9,445 |
| Total equity (incl. minority) | 24,407 | 24,199 | 24,555 | 24,742 | 24,593 | 24,859 | 25,463 | 25,824 | 25,151 | 24,296 | 23,604 | 23,138 |
| Retained earnings | 32,801 | 32,023 | 31,505 | 31,041 | 30,255 | 29,352 | 28,667 | 27,951 | 26,765 | 25,510 | 24,437 | 23,590 |
| Minority interest | 587 | 573 | 560 | 552 | 540 | 532 | 519 | 512 | 494 | 481 | 450 | 442 |