D.R. Horton Earnings Reports

D.R. Horton saw a 27% decline in EPS and 15% drop in revenue as home closings and sales orders fell. Despite this, the company maintained strong margins and returned capital to shareholders.

D.R. Horton reported a decrease in net income and revenue for the first quarter of fiscal year 2025 compared to the same quarter of fiscal year 2024. Despite these declines, the company maintained a strong pre-tax profit margin and returned significant capital to shareholders through share repurchases and dividends.

D.R. Horton reported Q4 earnings with a decrease in consolidated revenues and net income compared to the same quarter last year. Despite affordability challenges, net sales orders increased slightly. The company is focused on affordable product offerings and expects increasing operating cash flows in fiscal 2025.

D.R. Horton's third quarter fiscal 2024 saw a 5% increase in earnings per diluted share to $4.10. Consolidated revenues increased by 2% to $10.0 billion, and net income attributable to D.R. Horton increased by 1% to $1.35 billion.

D.R. Horton reported a strong second quarter in fiscal year 2024, with net income increasing by 24% to $1.2 billion and revenues increasing by 14% to $9.1 billion. The company's performance was driven by increased home closings and net sales orders.

D.R. Horton reported a 6% increase in consolidated revenues to $7.7 billion and a 35% increase in net sales orders. Net income attributable to D.R. Horton was $947.4 million, or $2.82 per diluted share.

D.R. Horton reported a strong fourth quarter with a 9% increase in consolidated revenues to $10.5 billion and a consolidated pre-tax income of $2.0 billion. Net sales orders increased by 39%, reflecting strong demand despite higher mortgage rates. The company's financial position remains robust, with low leverage and significant liquidity.

D.R. Horton reported a strong Q3 2023 with an 11% increase in consolidated revenues to $9.7 billion and a 37% increase in net sales orders. Net income attributable to D.R. Horton was $1.3 billion, or $3.90 per diluted share.

D.R. Horton's second quarter fiscal 2023 saw a decrease in net income attributable to D.R. Horton to $942.2 million, or $2.73 per diluted share, a 34% decrease compared to the same quarter of fiscal 2022. Despite challenges like higher mortgage rates and inflationary pressures, the company saw encouraging results with net sales orders increasing 73% sequentially from the first quarter.

D.R. Horton reported a solid first quarter of fiscal year 2023, with diluted EPS of $2.76. Consolidated revenues increased by 3% to $7.3 billion, resulting in a pre-tax income of $1.3 billion and a pre-tax profit margin of 17.5%. Despite a moderation in housing demand, the company remains well-positioned with its diverse product offerings and flexible lot supply.

D.R. Horton reported a strong fourth quarter and fiscal year 2022. Net income per diluted share increased 26% to $4.67, and consolidated revenues increased 19% to $9.6 billion for the quarter. The company's homebuilding operations closed a record 83,518 homes in fiscal 2022, marking its 21st consecutive year as the largest homebuilder in the United States.

D.R. Horton reported a strong third quarter in fiscal year 2022, with a 53% increase in EPS to $4.67 per diluted share. Consolidated revenues increased by 21% to $8.8 billion, and pre-tax income rose by 54% to $2.2 billion. The pre-tax profit margin improved by 540 basis points to 24.8%.

D.R. Horton reported strong second-quarter results, with a 59% increase in EPS to $4.03 and a 55% increase in net income to $1.4 billion. Consolidated revenues increased by 24% to $8.0 billion, and the pre-tax profit margin improved to 23.5%.

D.R. Horton's first quarter fiscal 2022 results showed strong growth with net income per diluted share increasing by 48% to $3.17 and net income attributable to D.R. Horton increasing by 44% to $1.1 billion. Consolidated revenues increased by 19% to $7.1 billion, and the pre-tax profit margin improved to 21.2%.

D.R. Horton reported a strong fourth quarter and fiscal year 2021, with net income per diluted share increasing 65% to $3.70 and consolidated revenues increasing 27% to $8.1 billion for the quarter. For the year, consolidated pre-tax income increased 80% to $5.4 billion on a 37% increase in revenues. The company closed a record 81,965 homes in fiscal 2021, marking its 20th consecutive year as the largest homebuilder in the United States.

D.R. Horton reported a strong third quarter in fiscal year 2021, with a 78% increase in EPS to $3.06 per diluted share. Consolidated pre-tax income increased by 81% to $1.4 billion, driven by a 35% increase in revenues to $7.3 billion and a 490 basis point improvement in the pre-tax profit margin to 19.4%.

D.R. Horton reported a strong second quarter for fiscal year 2021, with net income per diluted share increasing by 95% to $2.53. Consolidated revenues increased by 43% to $6.4 billion, and consolidated pre-tax income rose by 90% to $1.2 billion. The company's net sales orders increased by 35% to 27,059 homes.

D.R. Horton reported strong first quarter fiscal 2021 results, with net income attributable to D.R. Horton increasing 84% to $791.8 million and consolidated revenues increasing 48% to $5.9 billion compared to the prior year quarter.

D.R. Horton reported a strong fourth quarter for fiscal year 2020, with net income attributable to D.R. Horton increasing 64% to $829.0 million and consolidated revenues increasing 27% to $6.4 billion compared to the same quarter of fiscal 2019. Net sales orders increased 81% to 23,726 homes and 84% in value to $7.3 billion. The company is well-positioned for another great year in fiscal 2021.

D.R. Horton reported a strong third quarter in fiscal year 2020, marked by significant growth in net sales orders, pre-tax income, and earnings per share. The company's performance reflects its industry-leading market share, broad geographic footprint, and diverse product offerings.

D.R. Horton reported a strong second quarter for fiscal year 2020, with net income attributable to D.R. Horton increasing by 37% to $482.7 million and consolidated revenues increasing by 9% to $4.5 billion compared to the same quarter of fiscal 2019. The company's net income per diluted share increased 40% to $1.30. The company is adjusting to changing market conditions due to the COVID-19 pandemic.

D.R. Horton's first quarter fiscal 2020 results showed significant growth. Net income per diluted share increased 53% to $1.16, and net income attributable to D.R. Horton increased 50% to $431.3 million. Consolidated revenues rose by 14% to $4.0 billion, and consolidated pre-tax income increased by 39% to $523.3 million.