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D.R. Horton stock: growth
DHID.R. Horton reported $33.04B in revenue for fiscal 2026, down 3.5% on the prior year, up 3.5% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
5.8%
per year from 2007 to 2026, per share 6.4%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
5%
per year from 2007 to 2026, per share 5.6%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | 3.5% | 10.5% | 5.8% |
| Revenue per share | 8.6% | 13.5% | 6.4% |
| Earnings | −7.1% | 12.5% | no data |
| Earnings per share | −2.6% | 15.5% | no data |
| Free cash flow | 65.8% | 20.2% | 5.0% |
| Free cash flow per share | 73.9% | 23.4% | 5.6% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $11.3B | −$712.5M | $1.32B |
| 2008 | $6.65B | −$2.63B | $1.87B |
| 2009 | $3.66B | −$545.3M | $1.14B |
| 2010 | $4.4B | $245.1M | $690.2M |
| 2011 | $3.64B | $71.8M | −$1.4M |
| 2012 | $4.35B | $956.3M | −$322.3M |
| 2013 | $6.26B | $462.7M | −$1.29B |
| 2014 | $8.02B | $533.5M | −$761.6M |
| 2015 | $10.82B | $750.7M | $644.3M |
| 2016 | $12.16B | $886.3M | $531.9M |
| 2017 | $14.09B | $1.04B | $277.8M |
| 2018 | $16.07B | $1.46B | $477.1M |
| 2019 | $17.59B | $1.62B | $668M |
| 2020 | $20.31B | $2.37B | $1.13B |
| 2021 | $27.77B | $4.18B | $267M |
| 2022 | $33.48B | $5.86B | $413.6M |
| 2023 | $35.46B | $4.75B | $4.16B |
| 2024 | $36.8B | $4.76B | $2.02B |
| 2025 | $34.25B | $3.59B | $3.28B |
| 2026 | $33.04B | $2.89B | $3.35B |
Revenue by segment
How D.R. Horton, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Homebuilding92%
- Forestar Group5%
- Rental5%
- Financial Services2%
Figures as a table
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Homebuilding | $13.74B | $15.62B | $17.02B | $19.64B | $26.58B | $31.92B | $31.74B | $33.96B | $31.52B | 92% |
| Forestar Group | no data | $109.2M | $428.3M | $931.8M | $1.33B | $1.52B | $1.44B | $1.51B | $1.66B | 4.9% |
| Rental | no data | no data | no data | no data | $267.8M | $510.2M | $2.61B | $1.69B | $1.64B | 4.8% |
| Financial Services | $349.5M | $375.3M | $441.7M | $584.9M | $823.6M | $795M | $801.5M | $882.5M | $841.2M | 2.5% |
| Total revenue | $14.09B | $16.07B | $17.59B | $20.31B | $27.77B | $33.48B | $35.46B | $36.8B | $34.25B | 100% |
Revenue by region
Where D.R. Horton, Inc. generates its revenue.
- Southeast20%
- South Central20%
- East18%
- Southwest13%
- North12%
- Northwest8%
- Other8%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|
| Southeast | $7.08B | $7.95B | $8.76B | $8.88B | $6.97B | 20.4% |
| South Central | $6.11B | $8.19B | $7.61B | $7.65B | $6.9B | 20.1% |
| East | $4.46B | $5.32B | $5.33B | $6.07B | $6.14B | 17.9% |
| Southwest | $4.07B | $4.84B | $4.28B | $4.91B | $4.6B | 13.4% |
| North | $2.34B | $2.96B | $3.18B | $3.68B | $4.23B | 12.3% |
| Northwest | $2.52B | $2.66B | $2.58B | $2.76B | $2.69B | 7.8% |
| Other | $1.2B | $1.56B | $3.72B | $2.84B | $2.73B | 8% |
| Total revenue | $27.77B | $33.48B | $35.46B | $36.8B | $34.25B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 30 Sep 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral since 11 Nov 2026, previously Strong
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.