FY2025 · ended Sep 30, 2025 · Revenue $34.25B, -6.9% YoY · Filed Nov 19, 2025
D.R. Horton, Inc. (DHI) files with the SEC under industry code 1531, Operative Builders. In fiscal 2025, which ended Sep 30, 2025, it reported revenue of $34.3 billion and net income of $3.6 billion. Free cash flow was $3.3 billion. As of Jun 30, 2026 it held $2.1 billion in cash and investments and $71.3 million in total debt.
Revenue (TTM)
$33.35B
-3.5% vs year-ago TTM
Net income (TTM)
$3.05B
-23.0% vs year-ago TTM
Operating cash flow (TTM)
$3.35B
+15.2% vs year-ago TTM
Free cash flow (TTM)
$3.20B
+15.0% vs year-ago TTM
EPS (TTM)
$10.50
-15.9% vs year-ago TTM
Dividend per share
$1.60
+33.3% vs prior year
Shares outstanding
292.06M
-9.1% vs prior year
Net cash
$2.01B
as of Jun 30, 2026
Operating margin
—
Company profile
- Industry
- Operative Builders (SIC 1531)
- Listed as
- DHI (NYSE)
- Fiscal year ends
- September 30
- Incorporated in
- DE
- Headquarters
- Arlington, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 882184
Other Operative Builders companies
- Pultegroup INC/MI/ PHM
- NVR Inc NVR
- Toll Brothers, Inc. TOL
- Everus Construction Group, Inc. ECG
- Meritage Homes CORP MTH
- M/I Homes, Inc. MHO
- KB Home KBH
- Green Brick Partners, Inc. GRBK
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Sep 30, 2025 |
FY 2024 Sep 30, 2024 |
FY 2023 Sep 30, 2023 |
FY 2022 Sep 30, 2022 |
FY 2021 Sep 30, 2021 |
|---|---|---|---|---|---|
| Revenue | $34.3B | $36.8B | $35.5B | $33.5B | $27.8B |
| Net income | $3.6B | $4.8B | $4.7B | $5.9B | $4.2B |
| Diluted EPS | $11.57 | $14.34 | $13.82 | $16.51 | $11.41 |
| Operating cash flow | $3.4B | $2.2B | $4.3B | $561.8M | $534.4M |
| Free cash flow | $3.3B | $2.0B | $4.2B | $413.6M | $440.9M |
| Total assets | $35.5B | $36.1B | $32.6B | $30.4B | $24.0B |
| Total liabilities | $10.7B | $10.3B | $9.4B | $10.6B | $8.8B |
| Stockholders' equity | $24.2B | $25.3B | $22.7B | $19.4B | $14.9B |
| Cash and investments | $3.0B | $4.5B | $3.9B | $2.5B | $3.2B |
| Total debt | $65.6M | $53.3M | $48.1M | $47.9M | $37.0M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations
|
Oct 29, 2026 | Oct 29, 2026 |
| 8-K |
Current report
Officer or director change
|
Oct 26, 2026 | Oct 22, 2026 |
| 8-K |
Current report
Other events
|
Sep 15, 2026 | Sep 15, 2026 |
| 10-Q | Quarterly report | Jul 23, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 21, 2026 | Jul 21, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
May 12, 2026 | May 6, 2026 |
All 1000 D.R. Horton, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.