D.R. Horton Past Earnings Performance

Past criteria checks 3/6

D.R. Horton has been growing earnings at an average annual rate of 24.4%, while the Consumer Durables industry saw earnings declining at 3.5% annually. Revenues have been growing at an average rate of 17.4% per year. D.R. Horton's return on equity is 20.6%, and it has net margins of 13.4%.

Key information

24.4%

Earnings growth rate

26.2%

EPS growth rate

Consumer Durables Industry Growth	-3.6%
Revenue growth rate	17.4%
Return on equity	20.6%
Net Margin	13.4%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How D.R. Horton makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

LSE:0I6K Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	37,063	4,964	2,817
31 Dec 23	35,929	4,734	2,735
30 Sep 23	35,460	4,746	2,654
30 Jun 23	34,596	4,868	2,612
31 Mar 23	33,658	5,181	2,518
31 Dec 22	33,684	5,675	2,448
30 Sep 22	33,480	5,858	2,386
30 Jun 22	31,950	5,565	2,266
31 Mar 22	30,446	5,032	2,192
31 Dec 21	28,894	4,526	2,132
30 Sep 21	27,774	4,176	2,068
30 Jun 21	26,065	3,666	1,994
31 Mar 21	24,171	3,181	1,898
31 Dec 20	22,224	2,734	1,782
30 Sep 20	20,311	2,374	1,683
30 Jun 20	18,950	2,050	1,618
31 Mar 20	18,466	1,894	1,588
31 Dec 19	18,095	1,763	1,580
30 Sep 19	17,593	1,619	1,540
30 Jun 19	17,059	1,579	1,498
31 Mar 19	16,588	1,558	1,458
31 Dec 18	16,254	1,558	1,419
30 Sep 18	16,068	1,460	1,404
30 Jun 18	15,722	1,307	1,366
31 Mar 18	15,063	1,143	1,260
31 Dec 17	14,520	1,021	1,277
30 Sep 17	14,091	1,038	1,232
30 Jun 17	13,673	1,009	1,202
31 Mar 17	13,129	970	1,224
31 Dec 16	12,645	936	1,130
30 Sep 16	12,157	886	1,109
30 Jun 16	11,589	842	1,043
31 Mar 16	11,308	813	1,022
31 Dec 15	10,938	766	1,007
30 Sep 15	10,824	751	1,003
30 Jun 15	10,134	678	979
31 Mar 15	9,330	570	943
31 Dec 14	8,667	553	889
30 Sep 14	8,025	534	827
30 Jun 14	7,412	507	780
31 Mar 14	6,958	540	725
31 Dec 13	6,655	520	693
30 Sep 13	6,268	463	650
30 Jun 13	5,736	423	609

Quality Earnings: 0I6K has high quality earnings.

Growing Profit Margin: 0I6K's current net profit margins (13.4%) are lower than last year (15.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 0I6K's earnings have grown significantly by 24.4% per year over the past 5 years.

Accelerating Growth: 0I6K's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 0I6K had negative earnings growth (-4.2%) over the past year, making it difficult to compare to the Consumer Durables industry average (-26.6%).

D.R. Horton Past Earnings Performance

Past criteria checks 3/6

Key information

Recent past performance updates

Second quarter 2024 earnings released: EPS: US$3.54 (vs US$2.75 in 2Q 2023)

D.R. Horton, Inc. to Report Q2, 2024 Results on Apr 18, 2024

First quarter 2024 earnings released: EPS: US$2.84 (vs US$2.79 in 1Q 2023)

D.R. Horton, Inc. to Report Q1, 2024 Results on Jan 23, 2024

Full year 2023 earnings released: EPS: US$13.93 (vs US$16.66 in FY 2022)

Third quarter 2023 earnings released: EPS: US$3.93 (vs US$4.70 in 3Q 2022)

Recent updates

Upcoming dividend of US$0.30 per share

Upcoming dividend of US$0.30 per share

Second quarter dividend of US$0.30 announced

D.R. Horton, Inc. Declares Quarterly Cash Dividend, Payable on May 9, 2024

Second quarter 2024 earnings released: EPS: US$3.54 (vs US$2.75 in 2Q 2023)

Executive Vice Chair recently sold US$3.9m worth of stock

D.R. Horton, Inc. to Report Q2, 2024 Results on Apr 18, 2024

Upcoming dividend of US$0.30 per share at 0.9% yield

First quarter dividend of US$0.30 announced

First quarter 2024 earnings released: EPS: US$2.84 (vs US$2.79 in 1Q 2023)

D.R. Horton, Inc. Declares Cash Dividend, Payable on February 13, 2024

Independent Director recently sold US$1.5m worth of stock

D.R. Horton, Inc., Annual General Meeting, Jan 17, 2024

D.R. Horton, Inc. to Report Q1, 2024 Results on Jan 23, 2024

Upcoming dividend of US$0.30 per share at 1.0% yield

D.R. Horton, Inc. (NYSE:DHI) announces an Equity Buyback for $1,500 million worth of its shares.

D.R. Horton, Inc. Provides Consolidated Earnings Guidance for the Fiscal 2024

Full year 2023 earnings released: EPS: US$13.93 (vs US$16.66 in FY 2022)

Investor sentiment improves as stock rises 16%

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

D.R. Horton Chicago Announces New Townhomes for Rent in Hampshire, IL

D.R. Horton, Inc. Announces Chief Executive Officer Changes

Upcoming dividend of US$0.25 per share at 0.8% yield

D.R. Horton, Inc. Updates Consolidated Earnings Guidance for Fiscal 2023

Third quarter 2023 earnings released: EPS: US$3.93 (vs US$4.70 in 3Q 2022)

D.R. Horton, Inc. (NYSE:DHI) acquired Truland Homes, LLC for approximately $100 million.

D.R. Horton, Inc.(NYSE:DHI) dropped from Russell 1000 Growth Index

D.R. Horton, Inc. to Report Q3, 2023 Results on Jul 20, 2023

Second quarter 2023 earnings released: EPS: US$2.75 (vs US$4.07 in 2Q 2022)

VP & Corporate Controller recently sold US$96k worth of stock

D.R. Horton, Inc. Appoints David V. Auld as Chief Executive Officer

Upcoming dividend of US$0.25 per share at 1.0% yield

D.R. Horton, Inc. Declares Quarterly Dividend, Payable on February 14, 2023

First quarter 2023 earnings released: EPS: US$2.79 (vs US$3.21 in 1Q 2022)

D.R. Horton, Inc. (NYSE:DHI) acquired Riggins Custom Homes for approximately $110 million.

D.R. Horton, Inc. to Report Q1, 2023 Results on Jan 24, 2023

D.R. Horton, Inc., Annual General Meeting, Jan 18, 2023

Independent Director recently sold US$173k worth of stock

Upcoming dividend of US$0.25 per share

Full year 2022 earnings released: EPS: US$16.66 (vs US$11.56 in FY 2021)

VP & Corporate Controller recently sold US$109k worth of stock

Full year 2022 earnings released: EPS: US$16.66 (vs US$11.56 in FY 2021)

D.R. Horton, Inc. Declares Quarterly Cash Dividend, Payable on December 12, 2022

Investor sentiment improved over the past week

Independent Director recently sold US$155k worth of stock

D.R. Horton, Inc. to Report Q4, 2022 Results on Nov 09, 2022

D.R. Horton, Inc. Announces Passing of Board Member Michael W. Hewatt

Independent Director recently sold US$308k worth of stock

Upcoming dividend of US$0.23 per share

VP & Corporate Controller recently sold US$389k worth of stock

Third quarter 2022 earnings released: EPS: US$4.70 (vs US$3.10 in 3Q 2021)

D.R. Horton, Inc. Announces Revenue Guidance for the Fourth Quarter of 2022

Investor sentiment deteriorated over the past week

D.R. Horton, Inc. to Report Q3, 2022 Results on Jul 21, 2022

Independent Director recently sold US$132k worth of stock

D.R. Horton, Inc. (NYSE:DHI) completed the acquisition of Vidler Water Resources, Inc. (NasdaqGS:VWTR).

Upcoming dividend of US$0.23 per share

Second quarter 2022 earnings released: EPS: US$4.07 (vs US$2.57 in 2Q 2021)

D.R. Horton, Inc. Updates Earnings Guidance for Fiscal 2022

D.R. Horton, Inc. (NYSE:DHI) entered into a definitive merger agreement to acquire Vidler Water Resources, Inc. (NasdaqGS:VWTR) for approximately $290 million.

D.R. Horton, Inc. (NYSE:DHI) entered into a definitive merger agreement to acquire Vidler Water Resources, Inc. (NasdaqGS:VWTR) for approximately $290 million.

Independent Director recently sold US$76k worth of stock

Upcoming dividend of US$0.23 per share

Upcoming dividend of US$0.23 per share

Independent Director recently sold US$354k worth of stock

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

D.R. Horton, Inc. Provides Revenue Guidance for Fiscal 2022

Independent Director recently sold US$315k worth of stock

Revenue & Expenses Breakdown
Beta