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 revenue | 9,227 | 7,558 | 6,887 | 9,678 | 9,226 | 7,734 | 7,613 | 10,003 | 9,966 | 9,107 | 7,726 | 10,504 |
| Cost of revenue | 7,059 | 5,823 | 5,281 | 7,524 | 6,962 | 5,804 | 5,686 | 7,404 | 7,309 | 6,761 | 5,714 | 7,663 |
| Gross profit | 2,018 | 1,594 | 1,479 | 2,012 | 2,117 | 1,790 | 1,793 | 2,453 | 2,506 | 2,199 | 1,886 | 2,707 |
| Selling, general and administrative | 819 | 744 | 720 | 805 | 773 | 738 | 724 | 789 | 746 | 709 | 684 | 727 |
| Operating income | 1,199 | 851 | 759 | 1,207 | 1,344 | 1,052 | 1,069 | 1,664 | 1,760 | 1,490 | 1,202 | 1,980 |
| EBIT | 1,199 | 851 | 759 | 1,207 | 1,344 | 1,052 | 1,069 | 1,664 | 1,760 | 1,490 | 1,202 | 1,980 |
| EBITDA | 1,228 | 879 | 787 | 1,234 | 1,369 | 1,077 | 1,093 | 1,688 | 1,783 | 1,511 | 1,222 | 2,002 |
| Pre-tax income | 1,226 | 867 | 798 | 1,205 | 1,358 | 1,067 | 1,110 | 1,710 | 1,799 | 1,529 | 1,248 | 2,018 |
| Income tax | 308 | 209 | 197 | 288 | 325 | 248 | 258 | 410 | 432 | 345 | 292 | 493 |
| Net income | 905 | 648 | 595 | 905 | 1,025 | 810 | 845 | 1,283 | 1,354 | 1,172 | 947 | 1,510 |
| Net income to common shareholders | 905 | 648 | 595 | 905 | 1,025 | 810 | 845 | 1,283 | 1,354 | 1,172 | 947 | 1,510 |
| Basic EPS | 3.21 | 2.25 | 2.03 | 3.06 | 3.37 | 2.59 | 2.63 | 3.95 | 4.12 | 3.54 | 2.84 | 4.49 |
| Diluted EPS | 3.20 | 2.24 | 2.03 | 3.05 | 3.36 | 2.58 | 2.61 | 3.92 | 4.10 | 3.52 | 2.82 | 4.44 |
| Average shares (basic) | 282 | 288 | 292 | 296 | 304 | 313 | 322 | 325 | 328 | 331 | 333 | 337 |
| Average shares (diluted) | 283 | 289 | 293 | 297 | 305 | 314 | 323 | 327 | 330 | 333 | 336 | 339 |
| Dividend per share | 0.45 | 0.45 | 0.45 | 0.40 | 0.40 | 0.40 | 0.40 | 0.30 | 0.30 | 0.30 | 0.30 | 0.25 |