Company Quick10K Filing
DR Horton
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 378 $16,346
10-Q 2020-01-28 Quarter: 2019-12-31
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 2020-02-21 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-01-27 Earnings, Exhibits
8-K 2020-01-22 Shareholder Vote
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) 17,209 6% 6.9 7% 29,459 13,994 21,747 1,274 1,971 2,346 16,139
DR Horton (DHI) 19,780 22% 8.3 10% 15,607 5,312 17,593 3,872 1,622 2,200 18,266
NVR (NVR) 14,619 0% 13.1 22% 3,843 1,472 5,398 0 855 1,031 13,503
PulteGroup (PHM) 9,963 0% 7.2 9% 10,265 5,083 10,195 0 919 1,273 9,194
Fortune Brands (FBHS) 7,542 35% 12.9 7% 6,286 3,949 5,715 2,022 413 707 9,148
Toll Brothers (TOL) 5,926 20% 5.1 5% 10,828 5,709 7,224 1,415 590 902 4,606
Thor Industries (THO) 3,216 13% 9.4 3% 5,608 3,483 8,268 1,075 177 509 4,794
KB Home (KBH) 2,952 6% 9.2 5% 5,035 2,773 4,343 246 242 300 2,767
Taylor Morrison Home (TMHC) 2,751 18% 15.5 4% 5,340 2,854 4,753 834 209 300 4,658
MDC Holdings (MDC) 2,701 16% 12.7 6% 3,159 1,457 882 141 200 263 3,341
Meritage Homes (MTH) 2,743 7.7 6% 3,635 1,761 0 0 222 296 2,289
LGI Homes (LGIH) 2,169 24% 9.2 10% 1,636 859 1,658 398 156 233 2,132
Installed Building Products (IBP) 1,778 28% 16.1 6% 1,064 836 1,464 413 65 131 2,108
Tri Pointe Group (TPH) 2,108 8% 7.8 5% 3,941 1,830 3,074 235 190 253 1,978
Skyline Champion (SKY) 1,655 20% 16.1 7% 732 281 1,409 281 55 96 1,545
Cavco Industries (CVCO) 1,742 22% 14.9 10% 774 201 1,008 224 76 103 1,536
Winnebago Industries (WGO) 1,273 15% 10.5 7% 1,554 768 2,080 315 104 165 1,733
St Joe (JOE) 1,029 0% 22.9 2% 898 375 101 0 18 41 948
MI Homes (MHO) 809 11% 5.9 4% 2,182 1,227 2,481 264 86 131 776
Century Communities (CCS) 946 0% 7.9 3% 2,490 1,538 1,743 0 86 115 904

Balance Sheet ($MM)2010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-30
Cash1,30949490001541,0083320
Accounts Receivable
Inventory
PP&E182123733514750325401723
Assets5,9394,4585277,7108,827-5,4126,30012,18514,11515,607
Accounts Payable
Long-Term Debt418
Liabilities3,3161,8372,6322,4343,139-1,9322,3604,4374,9565,312
Stockholders' Equity2,6132,621-2,1214,058-2,878-3,4806,7967,7478,98410,021
Income Statement ($MM)2010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-30
Revenue3,6374,3546,2598,02510,82412,15714,09116,06817,593
Cost of Revenue12,39813,721
Gross Profit3,6703,872
R&D
SG&A1,6771,832
Tax-146-60-71319517334390564598488
Net Income2457295647534-6316421,0381,4621,619
Cash Flow ($MM)2010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-30
Cash Operating709-104-6-524-257-32597435545892
Cash Investing-318-10-16674-15-445-14-1713-394
Cash Financing-1,039-440159888374476-523-560-82-490