Company Quick10K Filing
DR Horton
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 378 $16,346
10-K 2019-11-25 Annual: 2019-09-30
10-Q 2019-07-31 Quarter: 2019-06-30
10-Q 2019-04-30 Quarter: 2019-03-31
10-Q 2019-01-29 Quarter: 2018-12-31
10-K 2018-11-16 Annual: 2018-09-30
10-Q 2018-07-27 Quarter: 2018-06-30
10-Q 2018-04-30 Quarter: 2018-03-31
10-Q 2018-02-08 Quarter: 2017-12-31
10-K 2017-11-15 Annual: 2017-09-30
10-Q 2017-07-27 Quarter: 2017-06-30
10-Q 2017-04-25 Quarter: 2017-03-31
10-Q 2017-01-25 Quarter: 2016-12-31
10-K 2016-11-18 Annual: 2016-09-30
10-Q 2016-07-26 Quarter: 2016-06-30
10-Q 2016-04-25 Quarter: 2016-03-31
10-Q 2016-01-28 Quarter: 2015-12-31
10-K 2015-11-19 Annual: 2015-09-30
10-Q 2015-07-28 Quarter: 2015-06-30
10-Q 2015-04-24 Quarter: 2015-03-31
10-Q 2015-01-27 Quarter: 2014-12-31
10-K 2014-11-18 Annual: 2014-09-30
10-Q 2014-07-24 Quarter: 2014-06-30
10-Q 2014-04-24 Quarter: 2014-03-31
10-Q 2014-01-28 Quarter: 2013-12-31
10-K 2013-11-26 Annual: 2013-09-30
10-Q 2013-07-25 Quarter: 2013-06-30
10-Q 2013-04-26 Quarter: 2013-03-31
10-Q 2013-01-29 Quarter: 2012-12-31
10-K 2012-11-16 Annual: 2012-09-30
10-Q 2012-04-23 Quarter: 2012-03-31
10-Q 2012-01-27 Quarter: 2011-12-31
10-K 2011-11-17 Annual: 2011-09-30
10-Q 2011-08-02 Quarter: 2011-06-30
10-Q 2011-04-29 Quarter: 2011-03-31
10-Q 2011-01-28 Quarter: 2010-12-31
10-K 2010-11-17 Annual: 2010-09-30
10-Q 2010-08-03 Quarter: 2010-06-30
10-Q 2010-04-30 Quarter: 2010-03-31
10-Q 2010-02-02 Quarter: 2009-12-31
8-K 2019-11-12 Earnings, Exhibits
8-K 2019-11-07 Officers
8-K 2019-10-10 Enter Agreement, Other Events, Exhibits
8-K 2019-10-07 Other Events, Exhibits
8-K 2019-10-02 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-07-30 Earnings, Exhibits
8-K 2019-06-21 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-04-25 Earnings, Exhibits
8-K 2019-02-22 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-01-25 Earnings, Exhibits
8-K 2019-01-23 Shareholder Vote
8-K 2018-12-07 Accountant, Exhibits
8-K 2018-11-08 Earnings, Exhibits
8-K 2018-11-06 Officers, Exhibits
8-K 2018-10-09 Earnings, Exhibits
8-K 2018-09-25 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-07-26 Earnings, Exhibits
8-K 2018-04-26 Earnings, Exhibits
8-K 2018-02-23 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-01-31 Earnings, Exhibits
8-K 2018-01-24 Shareholder Vote
8-K 2018-01-09 Earnings, Exhibits

DR Horton Financials

DHI Metrics, Comps, Filings

Annual | Quarterly

Business

D.R. Horton, Inc. is the largest homebuilding company in the United States as measured by number of homes closed. We construct and sell homes through our operating divisions in 90 markets across 29 states, primarily under the names of D.R. Horton, America's Builder, Emerald Homes, Express Homes and Freedom Homes. Our common stock is included in the S&P 500 Index and listed on the New York Stock Exchange under the ticker symbol "DHI." Unless the context otherwise requires, the terms "D.R. Horton," the "Company," "we" and "our" used herein refer to D.R. Horton, Inc., a Delaware corporation, and its predecessors and subsidiaries.

Our homebuilding business began in 1978 in Fort Worth, Texas, and our common stock has been publicly traded since 1992. We have expanded and diversified our homebuilding operations geographically over the years by investing available capital into our existing markets, start-up operations in new markets and acquisitions of other homebuilding companies. Our product offerings across our operating markets are broad and diverse. Our homes range in size from 1,000 to more than 4,000 square feet and in price from $100,000 to more than $1,000,000. For the year ended September 30, 2019, we closed 56,975 homes with an average closing price of $297,100.

Our business operations consist of homebuilding, a majority-owned residential lot development company, financial services and other activities. Our homebuilding operations are our core business, generating 97% of our consolidated revenues of $17.6 billion and $16.1 billion in fiscal 2019 and 2018, respectively, and 98% of our consolidated revenues of $14.1 billion in fiscal 2017. Our homebuilding operations generate most of their revenues from the sale of completed homes and to a lesser extent from the sale of land and lots. Approximately 90% of our home sales revenue in fiscal 2019 was generated from the sale of single-family detached homes, with the remainder from the sale of attached homes, such as townhomes, duplexes and triplexes.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Lennar (LEN) 17,181 6% 6.5 7% 29,583 14,337 21,563 1,274 1,925 2,482 16,160
DR Horton (DHI) 16,346 22% 7.2 10% 15,224 5,409 17,059 3,761 1,585 2,143 15,461
NVR (NVR) 14,169 0% 12.3 23% 3,603 1,484 7,334 0 827 1,081 13,263
PulteGroup (PHM) 8,774 0% 6.2 9% 10,096 5,026 10,134 0 935 1,303 8,115
Fortune Brands (FBHS) 7,822 27% 11.8 6% 6,343 3,999 5,637 1,498 407 782 9,204
Toll Brothers (TOL) 5,713 31% 4.8 7% 10,452 5,468 4,845 1,508 699 1,024 4,876
Thor Industries (THO) 3,147 12% 10.6 2% 5,660 3,565 7,865 973 133 437 4,650
KB Home (KBH) 2,374 6% 6.9 5% 4,920 2,725 4,407 246 262 319 2,195
Taylor Morrison Home (TMHC) 2,134 18% 11.4 5% 5,178 2,775 4,685 822 237 353 4,028
MDC Holdings (MDC) 2,040 0% 8.9 7% 3,086 1,425 882 0 203 288 2,569
Meritage Homes (MTH) 2,023 5.4 6% 3,467 1,669 0 0 206 298 1,615
LGI Homes (LGIH) 1,815 24% 8.3 10% 1,486 761 1,555 379 145 215 1,777
Installed Building Products (IBP) 1,657 28% 14.9 7% 916 710 1,416 393 60 136 2,018
Tri Pointe Group (TPH) 1,610 8% 5.1 5% 3,878 1,791 3,101 235 191 283 1,438
Skyline Champion (SKY) 1,486 19% -683.3 -6% 722 290 1,410 266 -40 -2 1,392
Cavco Industries (CVCO) 1,440 22% 12.5 9% 756 206 980 215 70 98 1,227
Winnebago Industries (WGO) 1,177 15% 7.6 10% 1,083 480 1,991 308 110 189 1,439
St Joe (JOE) 982 0% 20.3 2% 906 364 92 0 18 43 865
MI Homes (MHO) 795 5% 4.7 5% 2,089 1,185 2,395 130 110 166 775
Century Communities (CCS) 772 0% 6.5 3% 2,410 1,513 2,367 0 76 113 737

Balance Sheet ($MM)2010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-30
Cash1,30949490001541,00833
Accounts Receivable
Inventory
PP&E182123733514750325401
Assets5,9394,4585277,7108,827-5,4126,30012,18514,115
Accounts Payable
Long-Term Debt418
Liabilities3,3161,8372,6322,4343,139-1,9322,3604,4374,956
Stockholders' Equity2,6132,621-2,1214,058-2,878-3,4806,7967,7478,984
Income Statement ($MM)2010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-30
Revenue3,6374,3546,2598,02510,82412,15714,09116,068
Cost of Revenue12,398
Gross Profit3,670
R&D
SG&A1,677
Tax-146-60-71319517334390564598
Net Income2457295647534-6316421,0381,462
Cash Flow ($MM)2010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-30
Cash Operating709-104-6-524-257-32597435545
Cash Investing-318-10-16674-15-445-14-1713
Cash Financing-1,039-440159888374476-523-560-82