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Companies / Consumer Discretionary
DHI

D. R. Horton

Homebuilding

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Business at a glance

Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work

Operating health62
Growth14
Profitability40
Cash generation57
Balance sheet100
Dilution control100
Key ratios and five-year financials
Latest quarter revenue YoY (2026-06-30)0.0%Revenue growth (FY)-6.9%Revenue CAGR (3y)0.8%Gross margin23.7%Operating margin—Net margin10.5%Free cash flow margin9.6%R&D / revenue—Stock comp / revenue0.4%Net debt / operating cash flow—Current ratio—Diluted share count change-6.5%
Fiscal year endingFY 2021-09FY 2022-09FY 2023-09FY 2024-09FY 2025-09
Revenue$27.8B$33.5B$35.5B$36.8B$34.3B
Gross profit$7.9B$10.5B$9.4B$9.5B$8.1B
Net income$4.2B$5.9B$4.7B$4.8B$3.6B
Operating cash flow$534M$562M$4.3B$2.2B$3.4B
Capital expenditure$94M$148M$149M$165M$137M
Free cash flow$441M$414M$4.2B$2.0B$3.3B
Stock-based comp$91M$105M$111M$118M$131M
Buybacks$874M$1.1B$1.2B$1.8B$4.3B
Dividends$289M$316M$341M$395M$495M
Cash$3.2B$2.5B$3.9B$4.5B$3.0B
Equity$14.9B$19.4B$22.7B$25.3B$24.2B

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