← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
D.R. Horton shrank with the housing cycle, but converted cash and bought back stock.
The read at a glance✓ Audited against SEC data
- Growth — Revenue -6.9% to $34.25BWatch
- Profitability — Net income -24.6% to $3.59BWatch
- Cash quality — FCF +62.2%; margin +409 bpsOK
- Margins — Gross -221 bps; net -245 bpsWatch
- Capital — Buybacks +138.9%; dividends +25.2%OK
- Accounting — Score fields not availableNote
- Insiders — 0 buys / 5 sellsWatch
Business
D.R. Horton is a national homebuilder with rental, lot development, and financial services operations attached to the core homebuilding engine.
Where the revenue comes from
Fiscal 2025, as HORTON D R INC /DE/ reports it. History and quarterly detail are in the app.
- Home Building$31.5B
- Forestar Group$1.7B
- Rental$1.6B
- Financial Services$841.2M
Leadership changes
From HORTON D R INC /DE/'s own filings, the day they're filed.
- Barbara R. Smith · Directors · appointmenteff. 2024-08-26
- Paul J. Romanowski · Chief Executive Officer · appointmenteff. 2023-10-01
- Donald R. Horton · Chairman · departureeff. 2023-10-01
Latest filings
- 10-Q · Quarterly report2026-07-23
- 8-K · Company announcement2026-07-21
- 8-K · Company announcement2026-05-12
- 10-Q · Quarterly report2026-04-23
- 8-K · Company announcement2026-04-21
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about HORTON D R INC /DE/, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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