D.R. Horton Inc ( (DHI) ) has released its Q1 earnings. Here is a breakdown of the information D.R. Horton Inc presented to its investors.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
D.R. Horton, Inc., known as ‘America’s Builder,’ is the largest homebuilder by volume in the United States, operating in 126 markets across 36 states. The company specializes in constructing and selling high-quality homes, as well as single-family and multi-family rental properties, with a diverse product portfolio ranging from $200,000 to over $1,000,000.
In its fiscal 2025 first quarter earnings report, D.R. Horton announced a net income of $844.9 million, translating to $2.61 per diluted share, slightly down from the previous year’s results. The company declared a quarterly dividend of $0.40 per share and reported consolidated revenues of $7.6 billion, reflecting a modest decline compared to the same period in fiscal 2024.
Key financial metrics revealed a pre-tax income of $1.1 billion with a pre-tax profit margin of 14.6%. Home sales revenue reached $7.1 billion from 19,059 homes closed, while net sales orders amounted to 17,837 homes valued at $6.7 billion. Additionally, D.R. Horton repurchased 6.8 million shares for $1.1 billion and maintained a robust liquidity position with $6.5 billion in available resources.
The company’s rental operations generated $11.9 million in pre-tax income on $217.8 million of revenue, while its subsidiary, Forestar, sold 2,333 lots for $250.4 million. Despite minor declines in some financial figures, D.R. Horton remains focused on affordability and operational flexibility, with a strong emphasis on maximizing returns and capital allocation.
Looking ahead, D.R. Horton’s management remains optimistic about maintaining its strategic focus on affordable housing and flexible lot supply. The company is poised to continue delivering shareholder value through disciplined capital allocation, including share repurchases and dividends, amidst favorable housing demand demographics and manageable inventory levels.
