D.R. Horton Inc. (DHI) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1341 HORTON CIRCLE ARLINGTON, TX 76011 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| Industry (SIC) | 1531 - Operative Builders (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2025 MRQ | 9/30/2025 | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,985 | 4,516 | 3,874 | 2,541 | 3,210 | 3,019 | |||
| Cash and cash equivalent | 2,985 | 4,516 | 3,874 | 2,541 | 3,210 | 3,019 | |||
| Total current assets: | 2,985 | 4,516 | 3,874 | 2,541 | 3,210 | 3,019 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 63 | 51 | 47 | 47 | 36 | 35 | |||
| Inventory, real estate | 25,287 | 24,903 | 22,373 | 21,656 | 16,479 | 12,237 | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 579 | 531 | 445 | 472 | 393 | 684 | |||
| Intangible asset, including goodwill, after accumulated amortization | 497 | 483 | 483 | 164 | 164 | 164 | |||
| Goodwill | 164 | 164 | 164 | 164 | 164 | 164 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 333 | 319 | 320 | ||||||
| Deferred income tax assets | 45 | 168 | 187 | 141 | 155 | 145 | |||
| Total noncurrent assets: | 26,470 | 26,136 | 23,536 | 22,479 | 17,226 | 13,264 | |||
| Other undisclosed assets | 6,016 | 5,452 | 5,173 | 5,332 | 3,579 | 2,630 | |||
| TOTAL ASSETS: | 35,471 | 36,104 | 32,582 | 30,351 | 24,016 | 18,912 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 83 | 78 | 69 | 120 | 51 | 44 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 60 | 51 | 44 | ||
| Accrued liabilities | 83 | 78 | 69 | 60 | |||||
| Total current liabilities: | 83 | 78 | 69 | 120 | 51 | 44 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3,500 | 3,500 | 3,200 | 2,800 | 2,300 | 1,800 | |||
| Long-term debt, excluding current maturities | 3,500 | 3,500 | 3,200 | 2,800 | 2,300 | 1,800 | |||
| Total noncurrent liabilities: | 3,500 | 3,500 | 3,200 | 2,800 | 2,300 | 1,800 | |||
| Other undisclosed liabilities | 7,146 | 6,702 | 6,175 | 7,645 | 6,449 | 4,947 | |||
| Total liabilities: | 10,729 | 10,280 | 9,445 | 10,566 | 8,800 | 6,791 | |||
| Equity | |||||||||
| Equity, attributable to parent | 24,190 | 25,313 | 22,696 | 19,396 | 14,887 | 11,840 | |||
| Common stock | 4 | 4 | 4 | 4 | 4 | 4 | |||
| Treasury stock, value | (10,431) | (6,133) | (4,330) | (3,143) | (2,037) | (1,163) | |||
| Additional paid in capital | 3,576 | 3,491 | 3,432 | 3,350 | 3,275 | 3,241 | |||
| Retained earnings | 31,041 | 27,951 | 23,590 | 19,185 | 13,644 | 9,758 | |||
| Equity, attributable to noncontrolling interest | 552 | 512 | 442 | 389 | 330 | 282 | |||
| Total equity: | 24,742 | 25,824 | 23,138 | 19,786 | 15,216 | 12,122 | |||
| TOTAL LIABILITIES AND EQUITY: | 35,471 | 36,104 | 32,582 | 30,351 | 24,016 | 18,912 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2025 TTM | 9/30/2025 | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 34,250 | 36,801 | 35,460 | 33,480 | 27,774 | 20,311 | ||
| Cost of revenue | (26,134) | (27,266) | (26,110) | (22,976) | (19,899) | (15,373) | ||
| Gross profit: | 8,116 | 9,535 | 9,350 | 10,504 | 7,875 | 4,938 | ||
| Operating expenses | (3,692) | (3,600) | (3,249) | (2,934) | (2,556) | (2,048) | ||
| Operating income: | 4,424 | 5,936 | 6,102 | 7,570 | 5,319 | 2,890 | ||
| Nonoperating income (Other Nonoperating income) | 316 | 349 | 213 | 59 | 42 | 33 | ||
| Interest and debt expense | (18) | |||||||
| Income from continuing operations before equity method investments, income taxes: | 4,740 | 6,285 | 6,315 | 7,630 | 5,342 | 2,923 | ||
| Income from equity method investments | 1 | |||||||
| Other undisclosed income from continuing operations before income taxes | 14 | 60 | ||||||
| Income from continuing operations before income taxes: | 4,740 | 6,285 | 6,315 | 7,630 | 5,356 | 2,983 | ||
| Income tax expense | (1,119) | (1,479) | (1,520) | (1,734) | (1,165) | (603) | ||
| Income from continuing operations: | 3,621 | 4,806 | 4,795 | 5,896 | 4,191 | 2,381 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 5,896 | 4,191 | 2,381 | |
| Net income: | 3,621 | 4,806 | 4,795 | 5,896 | 4,191 | 2,381 | ||
| Net loss attributable to noncontrolling interest | (36) | (50) | (50) | (38) | (15) | (7) | ||
| Net income available to common stockholders, diluted: | 3,585 | 4,756 | 4,746 | 5,858 | 4,176 | 2,374 | ||
Comprehensive Income ($ in millions)
| 12/31/2025 TTM | 9/30/2025 | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 3,621 | 4,806 | 4,795 | 5,896 | 4,191 | 2,381 | ||
| Comprehensive income: | 3,621 | 4,806 | 4,795 | 5,896 | 4,191 | 2,381 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (36) | (50) | (50) | (38) | (15) | (7) | ||
| Comprehensive income, net of tax, attributable to parent: | 3,585 | 4,756 | 4,746 | 5,858 | 4,176 | 2,374 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.