DHI Financial Statements From 2010 to 2024

DHI Stock  USD 150.95  5.21  3.57%   
DR Horton financial statements provide useful quarterly and yearly information to potential DR Horton investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on DR Horton financial statements helps investors assess DR Horton's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting DR Horton's valuation are summarized below:
Gross Profit
8.9 B
Profit Margin
0.1318
Market Capitalization
48.5 B
Enterprise Value Revenue
1.4571
Revenue
35.9 B
We have found one hundred twenty available fundamental measures for DR Horton, which can be analyzed and compared to other ratios and to its peers in the sector. Traders should compare all of DR Horton latest fundamentals against the fundamentals between 2010 and 2024 to make sure the company is sustainable this year. The current Market Cap is estimated to decrease to about 739.1 M. Enterprise Value is estimated to decrease to about 755.8 M

DR Horton Total Revenue

42.82 Billion

Check DR Horton financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DHI main balance sheet or income statement drivers, such as Depreciation And Amortization of 110.6 M, Interest Expense of 186.6 M or Selling General Administrative of 3.9 B, as well as many exotic indicators such as Price To Sales Ratio of 7.31, Dividend Yield of 0.0055 or PTB Ratio of 55.01. DHI financial statements analysis is a perfect complement when working with DR Horton Valuation or Volatility modules.
  
This module can also supplement DR Horton's financial leverage analysis and stock options assessment as well as various DR Horton Technical models . Check out the analysis of DR Horton Correlation against competitors.
For more detail on how to invest in DHI Stock please use our How to Invest in DR Horton guide.

DR Horton Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets39.3 B37.5 B18.2 B
Slightly volatile
Short and Long Term Debt Total3.1 B5.9 B3.7 B
Slightly volatile
Total Current Liabilities5.3 BB2.6 B
Slightly volatile
Total Stockholder Equity27.4 B26.1 B11.6 B
Slightly volatile
Property Plant And Equipment Net537.8 M512.2 M289.7 M
Slightly volatile
Net Debt1.9 B1.4 B1.9 B
Pretty Stable
Accounts Payable1.5 B1.4 B786.8 M
Slightly volatile
Cash4.7 B4.5 B2.1 B
Slightly volatile
Non Current Assets Total4.6 B4.4 B2.1 B
Slightly volatile
Cash And Short Term Investments4.7 B4.5 B2.1 B
Slightly volatile
Common Stock Shares Outstanding320.7 M394.8 M376.6 M
Slightly volatile
Liabilities And Stockholders Equity39.3 B37.5 B18.2 B
Slightly volatile
Non Current Liabilities Total6.2 B5.9 B3.8 B
Slightly volatile
Inventory27 B25.7 B12.7 B
Slightly volatile
Total Liabilities11.4 B10.9 B6.4 B
Slightly volatile
Property Plant And Equipment Gross121.3 M74.3 M187.5 M
Very volatile
Total Current Assets34.8 B33.1 B16.1 B
Slightly volatile
Short Term Debt6.2 B5.9 B3.8 B
Slightly volatile
Retained Earnings28.5 B27.1 B10.3 B
Slightly volatile
Intangible Assets9.5 M10 M40.7 M
Slightly volatile
Common Stock Total Equity3.3 M4.6 M3.6 M
Slightly volatile
Common Stock3.3 M4.6 M3.6 M
Slightly volatile
Other Assets233.5 M245.8 M1.1 B
Pretty Stable
Long Term Debt3.6 B5.9 B3.8 B
Slightly volatile
Good Will155.1 M147.2 M117.6 M
Slightly volatile
Property Plant Equipment537.8 M512.2 M334.9 M
Slightly volatile
Other Liabilities618.4 MB732.4 M
Slightly volatile
Short Term Investments28.1 M29.6 M61.2 M
Slightly volatile
Net Receivables282 M490.9 M306 M
Slightly volatile
Net Tangible Assets27.2 B25.9 B11.7 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity470.1 M447.7 M185.7 M
Slightly volatile
Retained Earnings Total Equity23.2 B22.1 B9.5 B
Slightly volatile
Long Term Debt Total3.9 B5.9 B3.9 B
Slightly volatile
Capital SurpluseB3.9 B2.9 B
Slightly volatile
Long Term Investments2.9 B2.7 B1.2 B
Slightly volatile
Non Current Liabilities Other238.7 M132.8 M285.2 M
Slightly volatile
Short and Long Term Debt1.2 B1.2 B660.6 M
Slightly volatile
Cash And Equivalents2.5 B4.5 B2.1 B
Slightly volatile
Net Invested Capital19.8 B32 B16.1 B
Slightly volatile
Net Working Capital17.3 B28.1 B14 B
Slightly volatile
Capital Stock4.3 M4.6 MM
Slightly volatile
Capital Lease Obligations46.8 M55.3 M40.3 M
Slightly volatile

DR Horton Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization110.6 M105.3 M61.8 M
Slightly volatile
Selling General Administrative3.9 B3.7 B1.9 B
Slightly volatile
Total Revenue42.8 B40.8 B19.3 B
Slightly volatile
Gross Profit11.3 B10.8 BB
Slightly volatile
Other Operating Expenses35.5 B33.8 B16.3 B
Slightly volatile
Operating Income7.8 B7.4 B3.1 B
Slightly volatile
EBIT7.4 BB3.1 B
Slightly volatile
EBITDA7.5 B7.1 B3.1 B
Slightly volatile
Cost Of Revenue31.5 B30 B14.4 B
Slightly volatile
Total Operating Expenses3.9 B3.7 B1.9 B
Slightly volatile
Income Before Tax7.6 B7.3 B3.1 B
Slightly volatile
Total Other Income Expense Net257.3 M245.1 M82.2 M
Slightly volatile
Net Income5.7 B5.5 B2.4 B
Slightly volatile
Net Income Applicable To Common Shares5.7 B5.5 B2.4 B
Slightly volatile
Net Income From Continuing Ops5.8 B5.5 B2.4 B
Slightly volatile
Non Operating Income Net Other71.6 M68.2 M35 M
Slightly volatile
Selling And Marketing Expenses56.8 M54 M41.9 M
Slightly volatile
Tax Provision920.2 M1.7 B779.2 M
Slightly volatile
Net Interest Income15.4 M16.7 M14.3 M
Slightly volatile
Interest Income15.4 M16.7 M14.3 M
Slightly volatile
Reconciled Depreciation81.1 M105.3 M68.7 M
Slightly volatile

DR Horton Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow3.1 BB1.7 B
Slightly volatile
Depreciation110.6 M105.3 M61.8 M
Slightly volatile
Dividends Paid412 M392.4 M196 M
Slightly volatile
Capital Expenditures179.4 M170.9 M132.4 M
Slightly volatile
Net Income5.8 B5.5 B2.4 B
Slightly volatile
End Period Cash Flow4.7 B4.5 B2.1 B
Slightly volatile
Stock Based Compensation134.3 M127.9 M66.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio7.316.96541.8832
Slightly volatile
Dividend Yield0.00550.00580.0118
Slightly volatile
PTB Ratio55.0152.38848.8181
Slightly volatile
Days Sales Outstanding8.655.058.5997
Slightly volatile
Book Value Per Share0.02990.031522.7245
Slightly volatile
Invested Capital1.262.06060.9805
Very volatile
Stock Based Compensation To Revenue0.00260.00280.0033
Very volatile
PB Ratio55.0152.38848.8181
Slightly volatile
EV To Sales7.487.12342.0622
Slightly volatile
ROIC0.140.13780.1054
Slightly volatile
Inventory Turnover1.332.30951.1871
Slightly volatile
Net Income Per Share0.01050.01114.6797
Slightly volatile
Days Of Inventory On Hand252158325
Slightly volatile
Payables Turnover11.1718.8615.8841
Slightly volatile
Sales General And Administrative To Revenue0.0880.0950.1085
Slightly volatile
Cash Per Share0.02610.02754.1986
Slightly volatile
Payout Ratio0.910.86210.2923
Very volatile
Days Payables Outstanding33.4518.2524.8599
Slightly volatile
ROE0.370.35150.2033
Slightly volatile
PE Ratio15614930.8113
Slightly volatile
Return On Tangible Assets0.05190.09720.1017
Slightly volatile
Earnings Yield0.00640.00670.0892
Very volatile
Intangibles To Total Assets0.00550.00580.007
Pretty Stable
Net Debt To EBITDA1.791.88461.795
Slightly volatile
Current Ratio1.41.47695.2996
Very volatile
Tangible Book Value Per Share0.02990.031522.8202
Slightly volatile
Receivables Turnover12195.5286.5713
Very volatile
Graham Number0.08410.088648.2808
Slightly volatile
Shareholders Equity Per Share0.02990.031522.7245
Slightly volatile
Debt To Equity1.262.06060.9805
Very volatile
Revenue Per Share0.230.236938.7101
Slightly volatile
Interest Debt Per Share0.06170.064917.0007
Pretty Stable
Debt To Assets0.550.56950.4944
Pretty Stable
Enterprise Value Over EBITDA89.2585.000821.5646
Slightly volatile
Price Earnings Ratio15614930.8113
Slightly volatile
Operating Cycle255158331
Slightly volatile
Price Book Value Ratio55.0152.38848.8181
Slightly volatile
Days Of Payables Outstanding33.4518.2524.8599
Slightly volatile
Dividend Payout Ratio0.910.86210.2923
Very volatile
Pretax Profit Margin0.06050.07250.1195
Slightly volatile
Ebt Per Ebit0.790.83330.9927
Slightly volatile
Operating Profit Margin0.06330.0870.1186
Slightly volatile
Company Equity Multiplier2.523.61821.9498
Pretty Stable
Long Term Debt To Capitalization0.420.210.3006
Slightly volatile
Total Debt To Capitalization0.560.67330.4743
Pretty Stable
Return On Capital Employed0.550.52170.2097
Slightly volatile
Debt Equity Ratio1.262.06060.9805
Very volatile
Ebit Per Revenue0.06330.0870.1186
Slightly volatile
Quick Ratio0.50.36920.8076
Pretty Stable
Net Income Per E B T0.810.64440.9281
Slightly volatile
Cash Ratio0.440.36920.6836
Pretty Stable
Cash Conversion Cycle230140307
Slightly volatile
Days Of Inventory Outstanding252158325
Slightly volatile
Days Of Sales Outstanding8.655.058.5997
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.070.940.8965
Slightly volatile
Price To Book Ratio55.0152.38848.8181
Slightly volatile
Fixed Asset Turnover261248104
Slightly volatile
Enterprise Value Multiple89.2585.000821.5646
Slightly volatile
Debt Ratio0.550.56950.4944
Pretty Stable
Price Sales Ratio7.316.96541.8832
Slightly volatile
Return On Assets0.05060.09720.101
Slightly volatile
Asset Turnover1.222.07871.0971
Slightly volatile
Net Profit Margin0.04230.04670.098
Very volatile
Gross Profit Margin0.150.19420.2245
Pretty Stable
Price Fair Value55.0152.38848.8181
Slightly volatile
Return On Equity0.370.35150.2033
Slightly volatile

DR Horton Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap739.1 M778 M17.5 B
Slightly volatile
Enterprise Value755.8 M795.6 M20.1 B
Slightly volatile

DHI Fundamental Market Drivers

Forward Price Earnings10.917
Cash And Short Term Investments3.9 B

DHI Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
5th of November 2024
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
30th of September 2023
Last Financial Announcement
View

About DR Horton Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include DR Horton income statement, its balance sheet, and the statement of cash flows. DR Horton investors use historical funamental indicators, such as DR Horton's revenue or net income, to determine how well the company is positioned to perform in the future. Although DR Horton investors may use each financial statement separately, they are all related. The changes in DR Horton's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DR Horton's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on DR Horton Financial Statements. Understanding these patterns can help to make the right decision on long term investment in DR Horton. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-4.6 B-4.4 B
Total Revenue40.8 B42.8 B
Cost Of Revenue30 B31.5 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.1  0.09 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0)(0.01)
Revenue Per Share 0.24  0.23 
Ebit Per Revenue 0.09  0.06 

Pair Trading with DR Horton

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DR Horton position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DR Horton will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to DR Horton could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DR Horton when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DR Horton - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DR Horton to buy it.
The correlation of DR Horton is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DR Horton moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DR Horton moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DR Horton can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether DR Horton offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DR Horton's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dr Horton Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dr Horton Stock:
Check out the analysis of DR Horton Correlation against competitors.
For more detail on how to invest in DHI Stock please use our How to Invest in DR Horton guide.
Note that the DR Horton information on this page should be used as a complementary analysis to other DR Horton's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running DR Horton's price analysis, check to measure DR Horton's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DR Horton is operating at the current time. Most of DR Horton's value examination focuses on studying past and present price action to predict the probability of DR Horton's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DR Horton's price. Additionally, you may evaluate how the addition of DR Horton to your portfolios can decrease your overall portfolio volatility.
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Is DR Horton's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DR Horton. If investors know DHI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DR Horton listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.022
Dividend Share
1.05
Earnings Share
13.87
Revenue Per Share
106.305
Quarterly Revenue Growth
0.065
The market value of DR Horton is measured differently than its book value, which is the value of DHI that is recorded on the company's balance sheet. Investors also form their own opinion of DR Horton's value that differs from its market value or its book value, called intrinsic value, which is DR Horton's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DR Horton's market value can be influenced by many factors that don't directly affect DR Horton's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DR Horton's value and its price as these two are different measures arrived at by different means. Investors typically determine if DR Horton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DR Horton's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.