D.R. Horton, Inc. (DHI) Income Statement Analysis

See more : Hiru Corporation (HIRU) Income Statement Analysis – Financial Results

Complete financial analysis of D.R. Horton, Inc. (DHI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of D.R. Horton, Inc., a leading company in the Residential Construction industry within the Consumer Cyclical sector.

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D.R. Horton, Inc. (DHI)

Industry: Residential Construction

Sector: Consumer Cyclical

Website: https://www.drhorton.com

About D.R. Horton, Inc.

D.R. Horton, Inc. operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 31 states and 98 markets under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, and Freedom Homes. The company constructs and sells single-family detached homes; and attached homes, such as town homes, duplexes, and triplexes. It also provides mortgage financing services; and title insurance policies, and examination and closing services, as well as engages in the residential lot development business. In addition, the company develops, constructs, owns, leases, and sells multi-family and single-family rental properties; owns non-residential real estate, including ranch land and improvements; and owns and operates energy related assets. It primarily serves homebuyers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992
Revenue	36.80B	35.46B	33.48B	27.77B	20.31B	17.59B	16.07B	14.09B	12.16B	10.82B	8.02B	6.26B	4.35B	3.64B	4.40B	3.66B	6.65B	11.30B	15.05B	13.86B	10.84B	8.73B	6.74B	4.46B	3.65B	3.16B	2.18B	837.30M	547.30M	437.40M	393.30M	190.10M	124.10M
Cost of Revenue	27.27B	26.11B	22.98B	19.90B	15.37B	13.72B	12.40B	11.04B	9.50B	8.54B	6.27B	4.85B	3.49B	3.02B	3.63B	3.54B	8.28B	10.49B	11.42B	10.14B	8.20B	6.81B	5.36B	3.53B	2.92B	2.54B	1.76B	680.90M	446.50M	357.70M	324.90M	155.20M	100.00M
Gross Profit	9.54B	9.35B	10.50B	7.88B	4.94B	3.87B	3.67B	3.05B	2.65B	2.29B	1.76B	1.41B	861.60M	613.50M	772.60M	118.90M	-1.64B	811.40M	3.63B	3.72B	2.64B	1.92B	1.37B	928.37M	737.08M	616.30M	421.10M	156.40M	100.80M	79.70M	68.40M	34.90M	24.10M
Gross Profit Ratio	25.91%	26.37%	31.37%	28.35%	24.31%	22.01%	22.84%	21.63%	21.84%	21.14%	21.89%	22.46%	19.79%	16.87%	17.56%	3.25%	-24.61%	7.18%	24.14%	26.86%	24.38%	22.02%	20.40%	20.84%	20.17%	19.53%	19.34%	18.68%	18.42%	18.22%	17.39%	18.36%	19.42%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	0.00	3.18B	2.89B	2.52B	0.00	1.79B	1.68B	1.47B	1.32B	1.19B	965.40M	766.30M	614.10M	556.30M	599.20M	601.10M	891.90M	1.30B	1.66B	1.37B	1.08B	915.35M	714.54M	479.40M	395.87M	322.10M	231.60M	89.50M	53.90M	44.50M	39.10M	20.80M	13.10M
Selling & Marketing	0.00	64.70M	41.70M	36.10M	0.00	47.00M	44.10M	45.40M	41.20M	42.40M	44.00M	33.20M	100.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	3.60B	3.25B	2.93B	2.56B	2.05B	1.83B	1.68B	1.47B	1.32B	1.19B	965.40M	766.30M	614.20M	556.30M	599.20M	601.10M	891.90M	1.30B	1.66B	1.37B	1.08B	915.35M	714.54M	479.40M	395.87M	322.10M	231.60M	89.50M	53.90M	44.50M	39.10M	20.80M	13.10M
Other Expenses	0.00	213.10M	59.30M	41.60M	33.40M	31.90M	45.30M	11.00M	12.70M	18.40M	13.10M	14.90M	0.00	2.80M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	24.49M	20.80M	9.80M	4.40M	2.60M	2.00M	1.20M	400.00K	200.00K
Operating Expenses	3.60B	3.25B	2.93B	2.56B	2.05B	1.83B	1.68B	1.47B	1.32B	1.19B	965.40M	766.30M	602.00M	559.10M	599.20M	601.10M	891.90M	1.30B	1.66B	1.37B	1.08B	915.35M	714.54M	479.40M	420.37M	342.90M	241.40M	93.90M	56.50M	46.50M	40.30M	21.20M	13.30M
Cost & Expenses	30.87B	29.36B	25.91B	22.46B	17.42B	15.55B	14.07B	12.51B	10.82B	9.72B	7.23B	5.62B	4.09B	3.58B	4.23B	4.14B	9.17B	11.78B	13.08B	11.51B	9.28B	7.72B	6.08B	4.01B	3.34B	2.88B	2.00B	774.80M	503.00M	404.20M	365.20M	176.40M	113.30M
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	14.50M	13.50M	12.50M	10.20M	8.50M	10.20M	9.60M	10.00M	10.40M	11.40M	38.50M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	135.00M	154.50M	0.00	152.20M	153.30M	140.20M	0.00	0.00	0.00	0.00	0.00	5.10M	26.90M	51.90M	88.20M	97.20M	39.00M	23.60M	17.90M	4.40M	0.00	5.15M	6.01M	8.81M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	87.10M	91.60M	81.40M	73.90M	80.40M	72.00M	62.40M	54.70M	61.00M	54.10M	38.40M	22.70M	18.80M	19.90M	17.20M	25.70M	60.40M	71.00M	61.70M	57.10M	55.50M	45.86M	40.65M	36.06M	24.49M	20.80M	9.80M	4.40M	2.60M	2.00M	1.20M	400.00K	200.00K
EBITDA	6.37B	6.19B	7.65B	5.40B	2.91B	2.06B	2.06B	1.63B	1.40B	1.16B	852.60M	685.60M	288.60M	83.90M	204.90M	-429.40M	-2.54B	-863.20M	2.10B	2.45B	1.63B	1.05B	700.51M	485.03M	341.20M	294.21M	189.54M	121.80M	100.40M	35.20M	29.30M	14.10M	14.50M
EBITDA Ratio	17.31%	17.47%	22.85%	19.43%	14.33%	11.70%	12.68%	11.58%	11.54%	10.77%	10.62%	10.95%	6.63%	2.31%	4.56%	-12.20%	-36.03%	0.61%	13.08%	16.99%	14.67%	11.90%	10.41%	11.49%	9.11%	9.10%	8.90%	7.68%	8.30%	7.91%	7.32%	7.31%	8.38%
Operating Income	5.94B	6.42B	7.57B	5.32B	2.83B	1.99B	1.99B	1.58B	1.33B	1.10B	790.90M	639.50M	247.50M	54.40M	173.40M	-482.20M	-2.53B	-483.90M	1.97B	2.35B	1.56B	1.01B	659.86M	448.97M	316.71M	273.40M	179.70M	62.50M	44.30M	33.20M	28.10M	13.70M	10.80M
Operating Income Ratio	16.13%	18.10%	22.61%	19.16%	13.94%	11.29%	12.40%	11.19%	10.98%	10.18%	9.86%	10.22%	5.68%	1.50%	3.94%	-13.18%	-38.03%	-4.28%	13.12%	16.94%	14.42%	11.54%	9.79%	10.08%	8.67%	8.66%	8.25%	7.46%	8.09%	7.59%	7.14%	7.21%	8.70%
Total Other Income/Expenses	348.80M	213.10M	59.30M	33.40M	152.40M	139.70M	66.90M	25.50M	-30.60M	21.10M	23.30M	18.30M	-4.50M	-45.10M	-73.90M	-70.10M	-104.20M	-467.30M	12.90M	29.40M	19.40M	1.20M	-12.36M	-41.18M	-7.49M	-9.61M	-20.64M	-5.50M	-4.80M	-700.00K	500.00K	300.00K	3.40M
Income Before Tax	6.28B	6.31B	7.63B	5.36B	2.98B	2.13B	2.06B	1.60B	1.35B	1.12B	814.20M	657.80M	242.90M	12.10M	99.50M	-552.30M	-2.63B	-951.20M	1.99B	2.38B	1.58B	1.01B	647.51M	407.80M	309.22M	263.80M	159.10M	59.90M	44.50M	32.50M	28.60M	14.00M	9.00M
Income Before Tax Ratio	17.08%	17.81%	22.79%	19.29%	14.69%	12.08%	12.82%	11.37%	11.13%	10.38%	10.15%	10.51%	5.58%	0.33%	2.26%	-15.10%	-39.60%	-8.42%	13.20%	17.16%	14.60%	11.55%	9.61%	9.15%	8.46%	8.36%	7.31%	7.15%	8.13%	7.43%	7.27%	7.36%	7.25%
Income Tax Expense	1.48B	1.52B	1.73B	1.17B	602.50M	506.70M	597.70M	563.70M	467.20M	372.70M	280.70M	195.10M	-713.40M	-59.70M	-145.60M	-7.00M	1.80M	-238.70M	753.80M	908.10M	607.80M	382.21M	242.82M	152.92M	117.51M	104.00M	65.70M	23.70M	17.10M	12.00M	10.90M	5.10M	3.20M
Net Income	4.76B	4.75B	5.86B	4.18B	2.37B	1.62B	1.46B	1.04B	886.30M	750.70M	533.50M	462.70M	956.30M	71.80M	245.10M	-545.30M	-2.63B	-712.50M	1.23B	1.47B	975.10M	625.96M	404.69M	257.01M	191.72M	159.80M	93.40M	36.20M	27.40M	20.50M	17.70M	8.90M	5.80M
Net Income Ratio	12.92%	13.38%	17.50%	15.03%	11.69%	9.20%	9.09%	7.37%	7.29%	6.94%	6.65%	7.39%	21.96%	1.97%	5.57%	-14.91%	-39.63%	-6.31%	8.19%	10.61%	8.99%	7.17%	6.01%	5.77%	5.25%	5.06%	4.29%	4.32%	5.01%	4.69%	4.50%	4.68%	4.67%
EPS	14.44	13.93	16.65	11.56	6.49	4.34	3.88	2.77	2.39	2.05	1.57	1.44	3.01	0.23	0.77	-1.72	-8.34	-2.27	3.94	4.71	3.14	2.14	1.51	1.13	0.85	0.64	0.46	0.27	0.24	0.19	0.18	0.09	0.01
EPS Diluted	14.34	13.82	16.51	11.42	6.41	4.29	3.81	2.74	2.36	2.03	1.46	1.27	2.66	0.23	0.77	-1.72	-8.34	-2.27	3.90	4.62	3.09	2.07	1.44	1.11	0.84	0.63	0.46	0.27	0.24	0.19	0.18	0.09	0.01
Weighted Avg Shares Out	329.50M	340.70M	351.70M	361.10M	365.50M	372.60M	376.60M	374.30M	371.00M	366.30M	340.50M	322.10M	318.10M	318.30M	318.10M	316.90M	315.70M	314.10M	313.02M	312.21M	310.28M	292.56M	268.89M	226.77M	225.59M	247.87M	202.67M	135.45M	114.04M	107.61M	98.96M	100.79M	523.88M
Weighted Avg Shares Out (Dil)	331.60M	343.30M	354.80M	365.80M	370.20M	377.40M	383.40M	378.90M	375.10M	369.80M	366.60M	364.90M	359.00M	318.50M	318.60M	316.90M	315.70M	314.10M	316.23M	318.29M	315.95M	302.79M	282.01M	230.84M	227.19M	253.28M	202.67M	135.45M	114.04M	107.61M	98.96M	100.79M	523.88M

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