DHI D.R. Horton, Inc. Common Stock
NYSE · Consumer products · View on SEC EDGAR ↗ close Oct 6, 2026 10-K/10-Q Jul 23, 2026
$136.75
· of 52w range
· above low
· to high
$131.7552w low
$170.7952w high
Market Cap (MRQ)
$38.39B
P/E (TTM)
13.0
EPS (TTM)
$10.49
Revenue (TTM)
$33.35B
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52W Range
$132–$171
Analyst Rating
HOLD
Price Target
$159
P/E
13.0
ROE
12.8%
Net Profit Margin
9.2%
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DHI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$136.75
Market Cap (MRQ)
$38.39B
P/E (TTM)
13.0
EPS (TTM)
$10.49
Revenue (TTM)
$33.35B
Div Yield
1.3%
ROE (TTM)
12.8%
52W Range
$132–$171
DHI Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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Stock splits
| Ex-date | Split | Type |
|---|---|---|
| March 17, 2005 | 4-for-3 | Forward |
| Jan. 13, 2004 | 3-for-2 | Forward |
| April 10, 2002 | 3-for-2 | Forward |
| March 7, 2001 | 111-for-100 | Forward |
| Sept. 14, 2000 | 109-for-100 | Forward |
| May 6, 1996 | 27-for-25 | Forward |
| Sept. 18, 1995 | 7-for-5 | Forward |
| May 24, 1995 | 109-for-100 | Forward |
| May 24, 1994 | 53-for-50 | Forward |
| Aug. 25, 1993 | 21-for-20 | Forward |
About D.R. Horton, Inc. Common Stock Company overview from Wikipedia
D.R. Horton, Inc. is an American home construction company based in Arlington, Texas. Since 2002, the company has been the largest homebuilder by volume in the United States. The company ranked number 120 on the 2024 Fortune 500 list of the largest United States corporations by revenue. The company operates in 125 markets across 36 states.
D.R. Horton operates four brands: D.R. Horton, Emerald Homes, Express Homes, and Freedom Homes. Express Homes is tailored to entry-level buyers while the Emerald Homes brand is sold as luxury real estate. Freedom Homes caters to active adults age 55 and over.
History
The company was founded in 1978 by Donald R. Horton. Horton took the company public in 1992, and as of 2020 owned about 6% of the company. In 1997, the company acquired Continental Homes for $305 million and the assumption of $278 million in debt. The company also entered the Tucson, Arizona, market. In 1998, the company promoted Donald J. Tomnitz to vice chairman and chief executive and promoted Richard Beckwitt to president. The company also acquired Cambridge Homes.
The company completed more acquisitions throughout the years. In 1999, the company acquired Century Title Agency. In 2001, the company acquired Emerald Builders and Fortress Homes and Communities of Florida. In 2002, the company acquired Schuler Homes. The company also acquired 300 acres in McKinney, Texas.
In 2013, the company re-entered the Nashville market.
In April 2015, the company acquired Pacific Ridge Homes, based in Seattle, for $72 million. The acquisition included 350 lots, 90 homes in inventory and 40 homes in sales order backlog. Horton also acquired control of about 400 lots through option contracts.
In May 2015, the company received approval from the Honolulu City Council to begin construction on an 11,750-home planned community in West Oahu, Hawaii.
In 2016, the company acquired Wilson Parker Homes for $90 million. In 2017, the company moved its headquarters from Fort Worth, Texas, to Arlington, Texas. In 2018, the company acquired Terramor Homes, Classic Builders, and Westport Homes.
On May 17, 2024, the company announced the passing of its founder and chairman, Donald R. Horton, who suddenly died at the age of 74. Company representatives believe the cause of death was a heart attack. Following Horton's death, the board appointed the company's Executive Vice Chairman, David V. Auld, as the new executive chairman.
Controversies
The Supreme Court of the United States heard the appeal of a case in which the National Labor Relations Board held that the company violated the National Labor Relations Act (NLRA) by requiring its employees to sign an arbitration agreement that prohibited them from pursuing claims in a collective or class action. In 2018 the Supreme Court ruled in favor of D.R. Horton, stating that the company's actions did not violate the NLRA or the Federal Arbitration Act.
Awards and recognition
1st, Builder Top 100 - 2003-2023
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
sectorConsumer products
industryConsumer products
employees14,341
countryUS
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$34.25B2016-09-30 → 2025-09-30
EPS$11.572016-09-30 → 2025-09-30
Free Cash Flow$3.28B2016-09-30 → 2025-09-30
Net margin9.2%2016-09-30 → 2025-09-30
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | DHI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 13.05Y avg ≈9.4 | ≈9.4 | · | · | |
| P/S (TTM) | 1.25Y avg ≈1.2 | ≈1.2 | · | · | |
| P/B (MRQ) | 1.65Y avg ≈1.9 | ≈1.9 | · | · | |
| Price / FCF (TTM) | 12.05Y avg ≈35.6 | ≈35.6 | · | · | |
| Price / Cash Flow (TTM) | 11.55Y avg ≈29.7 | ≈29.7 | · | · | |
| Price / Tangible Book | 1.65Y avg ≈1.9 | ≈1.9 | · | · | |
| PEG Ratio | ≈1.0 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | DHI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| EBITDA Margin | 0.30%5Y avg ≈0.26% | ≈0.26% | · | · | |
| Pretax Margin (TTM) | 12.3%5Y avg ≈18.2% | ≈18.2% | · | · | |
| Net Profit Margin (TTM) | 9.2%5Y avg ≈13.9% | ≈13.9% | · | · | |
| ROA (TTM) | 8.4%5Y avg ≈16.0% | ≈16.0% | · | · | |
| ROE (TTM) | 12.8%5Y avg ≈24.5% | ≈24.5% | · | · |
Financial Health Debt, liquidity, solvency — balance sheet strength
No data for this ratio group yet
Not enough fundamentals data to compute this ratio group yet.
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | DHI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | -6.9%5Y avg ≈12.0% | ≈12.0% | · | · | |
| Revenue CAGR 3Y | 0.76%5Y avg ≈10.3% | ≈10.3% | · | · | |
| Revenue CAGR 5Y | 11.0% | · | · | · | |
| EPS YoY | -19.3%5Y avg ≈18.2% | ≈18.2% | · | · | |
| Net Income YoY | -24.6%5Y avg ≈14.6% | ≈14.6% | · | · | |
| EPS CAGR 3Y | -11.2%5Y avg ≈8.6% | ≈8.6% | · | · | |
| EPS CAGR 5Y | 12.5% | · | · | · | |
| Net Income CAGR 3Y | -15.1%5Y avg ≈5.1% | ≈5.1% | · | · | |
| Net Income CAGR 5Y | 8.6% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | DHI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 1.05Y avg ≈1.1 | ≈1.1 | · | · | |
| Revenue / Employee | ≈$2.4M | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield1.3%
Payout Ratio13.8%
Annualized Payout≈$1.80
5Y Div CAGR≈18.0%
Growth Streak≈10
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Aug 6, 2026 | $0.45 | USD | ≈1.2% |
| May 7, 2026 | $0.45 | USD | ≈1.2% |
| Feb 5, 2026 | $0.45 | USD | ≈1.1% |
| Nov 13, 2025 | $0.45 | USD | ≈1.2% |
| Aug 7, 2025 | $0.40 | USD | ≈1.0% |
| May 2, 2025 | $0.40 | USD | ≈1.2% |
| Feb 7, 2025 | $0.40 | USD | ≈1.1% |
| Nov 12, 2024 | $0.40 | USD | ≈0.80% |
| Aug 1, 2024 | $0.30 | USD | ≈0.67% |
| May 1, 2024 | $0.30 | USD | ≈0.81% |
| Feb 5, 2024 | $0.30 | USD | ≈0.76% |
| Nov 20, 2023 | $0.30 | USD | ≈0.82% |
| Aug 4, 2023 | $0.25 | USD | ≈0.80% |
| May 2, 2023 | $0.25 | USD | ≈0.90% |
| Feb 6, 2023 | $0.25 | USD | ≈0.97% |
| Dec 1, 2022 | $0.25 | USD | ≈1.1% |
| Aug 3, 2022 | $0.23 | USD | ≈1.2% |
| May 6, 2022 | $0.23 | USD | ≈1.2% |
| Feb 16, 2022 | $0.23 | USD | ≈1.00% |
| Dec 3, 2021 | $0.23 | USD | ≈0.80% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
2.6%
Next Report
Oct 29, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | $3.20 | $3.07 | 4.4% | |
| March 31, 2026 | $2.24 | $2.18 | 3.0% | |
| Dec. 31, 2025 | $2.03 | $1.95 | 4.0% | |
| Sept. 30, 2025 | $3.04 | $3.32 | -8.3% | |
| June 30, 2025 | $3.36 | $2.91 | 15.5% | |
| March 31, 2025 | $2.58 | $2.66 | -3.0% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.25B | $36.80B | $35.46B | $33.48B | $27.77B | $20.31B | $17.59B | $16.07B | $14.09B | $12.16B | $10.82B | $8.02B | |
| Cost of Revenue | $26.13B | $27.27B | $26.11B | $22.98B | $19.90B | $15.37B | $13.72B | $12.40B | $11.04B | $9.50B | · | · | |
| SG&A Expense | $3.69B | $3.60B | $3.25B | $2.93B | $2.56B | $2.05B | $1.83B | $1.68B | $1.47B | $1.32B | · | · | |
| Interest Expense | · | · | · | · | · | · | · | $0 | · | · | $0 | $0 | |
| Other Non-op | $316M | $349M | $213M | $59M | $42M | $33M | $32M | $45M | $26M | $22M | · | · | |
| Pretax Income | $4.74B | $6.28B | $6.31B | $7.63B | $5.36B | $2.98B | $2.13B | $2.06B | $1.60B | $1.35B | $1.12B | $814M | |
| Income Tax | $1.12B | $1.48B | $1.52B | $1.73B | $1.17B | $602M | $507M | $598M | $564M | $467M | $373M | $281M | |
| Net Income | $3.59B | $4.76B | $4.75B | $5.86B | $4.18B | $2.37B | $1.62B | $1.46B | $1.04B | $886M | $751M | $534M | |
| EPS (Basic) | $11.62 | $14.44 | $13.93 | $16.65 | $11.56 | $6.49 | $4.34 | $3.88 | $2.77 | $2.39 | $2.05 | $1.57 | |
| EPS (Diluted) | $11.57 | $14.34 | $13.82 | $16.51 | $11.41 | $6.41 | $4.29 | $3.81 | $2.74 | $2.36 | $2.03 | $1.50 | |
| Shares (Basic) | 308,500,000 | 329,500,000 | 340,700,000 | 351,700,000 | 361,100,000 | 365,500,000 | 372,600,000 | 376,600,000 | 374,300,000 | 371,000,000 | 366,300,000 | 340,500,000 | |
| Shares (Diluted) | 309,900,000 | 331,600,000 | 343,300,000 | 354,800,000 | 365,800,000 | 370,200,000 | 377,400,000 | 383,400,000 | 378,900,000 | 375,100,000 | 369,800,000 | 366,600,000 | |
| EBITDA | $101M | $87M | $92M | $81M | $74M | $80M | $72M | $62M | $55M | $61M | $54M | $38M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.99B | $4.52B | $3.87B | $2.54B | $3.21B | $3.02B | $1.49B | $1.47B | $1.01B | $1.30B | $1.38B | $662M | |
| PP&E (Net) | $579M | $531M | $445M | $472M | $393M | $684M | $499M | $401M | $325M | $195M | $147M | $194M | |
| PP&E (Gross) | · | · | · | · | · | · | $760M | $646M | $551M | $391M | $314M | $335M | |
| Accum. Depreciation | · | · | · | · | · | · | $261M | $245M | $226M | $196M | $167M | $141M | |
| Goodwill | $164M | $164M | $164M | $164M | $164M | $164M | $164M | $109M | $80M | · | · | · | |
| Total Assets | $35.47B | $36.10B | $32.58B | $30.35B | $24.02B | $18.91B | $15.61B | $14.11B | $12.18B | $11.56B | $11.15B | $10.19B | |
| Deferred Tax | $0 | · | · | · | · | · | · | · | · | · | · | · | |
| Total Liabilities | $10.73B | $10.28B | $9.44B | $10.57B | $8.80B | $6.79B | $5.31B | $4.96B | $4.44B | $4.77B | $5.26B | $5.07B | |
| Common Stock | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | |
| Retained Earnings | $31.04B | $27.95B | $23.59B | $19.19B | $13.64B | $9.76B | $7.64B | $6.22B | $4.95B | $4.06B | $3.29B | $2.63B | |
| Treasury Stock | $10.43B | $6.13B | $4.33B | $3.14B | $2.04B | $1.16B | $802M | $322M | $195M | $134M | $134M | $134M | |
| AOCI | · | · | · | · | · | · | · | · | · | $0 | $1M | $2M | |
| Stockholders' Equity | $24.19B | $25.31B | $22.70B | $19.40B | $14.89B | $11.84B | $10.02B | $8.98B | $7.75B | $6.79B | $5.89B | $5.12B | |
| Liabilities + Equity | $35.47B | $36.10B | $32.58B | $30.35B | $24.02B | $18.91B | $15.61B | $14.11B | $12.18B | $11.56B | $11.15B | $10.19B | |
| Shares Outstanding | 294,475,153 | 324,027,360 | 334,848,565 | 343,953,023 | 356,015,843 | 363,999,982 | 368,431,454 | 376,261,635 | 374,986,079 | 372,923,187 | 368,647,371 | 364,586,694 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $101M | $87M | $92M | $81M | $82M | $91M | $72M | $62M | $55M | $61M | $54M | $38M | |
| Stock-based Comp | $131M | $118M | $111M | $105M | $91M | $78M | $73M | $56M | $59M | $49M | $42M | $26M | |
| Deferred Tax | $123M | $19M | $-46M | $29M | $-10M | $14M | $20M | $171M | $111M | $75M | $3M | $18M | |
| Other Non-cash | $-520M | $-2.79B | $-598M | $-5.51B | $-3.80B | $-1.12B | $-892M | $-1.20B | $-828M | $-454M | $-150M | $-1.25B | |
| Operating Cash Flow | $3.42B | $2.19B | $4.30B | $562M | $534M | $1.42B | $892M | $545M | $440M | $624M | $700M | $-661M | |
| CapEx | $137M | $165M | $149M | $148M | $94M | $96M | $127M | $68M | $103M | $78M | $56M | $100M | |
| Investing Cash Flow | $-169M | $-191M | $-310M | $-415M | $-252M | $-166M | $-394M | $19M | $-164M | $-113M | $-95M | $-282M | |
| Stock Issued | $0 | $20M | $0 | $2M | $34M | $0 | $101M | $0 | $0 | · | · | · | |
| Stock Repurchased | $4.30B | $1.80B | $1.20B | $1.10B | $874M | $360M | $480M | $128M | $61M | $0 | $0 | · | |
| Net Stock Activity | $-4.30B | $-1.78B | $-1.20B | $-1.10B | $-840M | $-360M | $-379M | $-128M | $-61M | · | · | · | |
| Dividends Paid | $495M | $395M | $341M | $316M | $289M | $256M | $223M | $188M | $150M | $119M | $92M | $49M | |
| Financing Cash Flow | $-4.76B | $-1.36B | $-2.67B | $-811M | $-85M | $271M | $-490M | $-82M | $-565M | $-592M | $117M | $628M | |
| Net Change in Cash | $-1.51B | $644M | $1.33B | $-664M | $197M | $1.53B | $8M | $482M | $-288M | $-81M | $722M | $-316M | |
| Taxes Paid | $1.02B | $1.67B | $1.44B | $1.70B | $1.14B | $581M | $488M | $387M | $446M | $390M | $334M | $280M | |
| Free Cash Flow | $3.28B | $2.02B | $4.16B | $414M | $441M | $1.33B | $765M | $477M | $278M | $532M | $644M | $-762M | |
| Levered FCF | · | · | · | · | · | · | · | $477M | · | · | $644M | $-762M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 10.5% | 12.9% | 13.4% | 17.5% | 15.0% | 11.7% | 9.2% | 9.1% | 7.4% | 7.3% | 6.9% | 6.7% | |
| Pretax Margin | 13.8% | 17.1% | 17.8% | 22.8% | 19.3% | 14.7% | 12.1% | 12.8% | 11.4% | 11.1% | 10.4% | 10.2% | |
| EBITDA Margin | 0.30% | 0.24% | 0.26% | 0.24% | 0.27% | 0.40% | 0.41% | 0.39% | 0.39% | 0.50% | 0.50% | 0.48% | |
| ROA | 10.0% | 13.9% | 15.1% | 21.6% | 19.4% | 13.8% | 10.9% | 11.1% | 8.8% | 7.8% | 7.0% | 5.6% | |
| ROE | 14.5% | 19.8% | 22.6% | 34.2% | 31.2% | 21.7% | 17.0% | 17.5% | 14.3% | 14.0% | 13.6% | 11.6% |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.0 | 1.1 | 1.1 | 1.2 | 1.3 | 1.2 | 1.2 | 1.2 | 1.2 | 1.1 | 1.0 | 0.8 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $82.15 | $78.12 | $67.78 | $56.39 | $41.81 | $32.53 | $27.20 | $23.88 | $20.66 | $18.21 | $15.99 | $14.03 | |
| Revenue / Share | $110.52 | $110.98 | $103.29 | $94.36 | $75.93 | $54.87 | $46.62 | $41.91 | $37.19 | $32.41 | $29.27 | $21.89 | |
| Cash Flow / Share | $11.04 | $6.60 | $12.54 | $1.58 | $1.46 | $3.84 | $2.36 | $1.42 | $1.15 | $1.65 | $1.89 | $-1.80 | |
| Cash / Share | $10.14 | $13.94 | $11.57 | $7.39 | $9.02 | $8.29 | $4.06 | $3.92 | $2.69 | $3.49 | $3.75 | $1.82 | |
| Dividend / Share | · | · | · | · | · | · | · | · | $0.40 | $0.32 | $0.25 | $0.14 | |
| Dividend Paid / Share | $1.60 | $1.20 | $1.00 | $0.90 | $0.80 | $0.70 | $0.60 | $0.50 | $0.40 | · | · | · | |
| EPS (TTM) | $11.57 | $14.34 | $13.82 | $16.51 | $11.41 | $6.41 | $4.29 | $3.81 | $2.74 | $2.36 | $2.03 | $1.50 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | -6.9% | 3.8% | 5.9% | 20.5% | 36.7% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 0.76% | 9.8% | 20.4% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 11.0% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -19.3% | 3.8% | -16.3% | 44.7% | 78.0% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | -11.2% | 7.9% | 29.2% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 12.5% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -24.6% | 0.23% | -19.0% | 40.3% | 75.9% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -15.1% | 4.4% | 26.0% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 8.6% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid CAGR 5Y | 14.1% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $34.25B | $36.80B | $35.46B | $33.48B | $27.77B | $20.31B | $17.59B | $16.07B | $14.09B | $12.16B | $10.82B | $8.02B | |
| Net Income TTM | $3.59B | $4.76B | $4.75B | $5.86B | $4.18B | $2.37B | $1.62B | $1.46B | $1.04B | $886M | $751M | $534M | |
| Market Cap | $49.90B | $61.81B | $35.99B | $23.17B | $29.89B | $27.53B | $19.42B | $15.87B | $14.97B | $11.26B | $10.82B | $7.48B | |
| P/E | 14.6 | 13.3 | 7.8 | 4.1 | 7.4 | 11.8 | 12.3 | 11.1 | 14.6 | 12.8 | 14.5 | 13.7 | |
| P/S | 1.5 | 1.7 | 1.0 | 0.7 | 1.1 | 1.4 | 1.1 | 1.0 | 1.1 | 0.9 | 1.0 | 0.9 | |
| P/B | 2.1 | 2.4 | 1.6 | 1.2 | 2.0 | 2.3 | 1.9 | 1.8 | 1.9 | 1.7 | 1.8 | 1.5 | |
| P / Tangible Book | 2.1 | 2.5 | 1.6 | 1.2 | 2.0 | 2.4 | · | · | · | · | · | · | |
| P / Cash Flow | 14.6 | 28.2 | 8.4 | 41.2 | 55.9 | 19.4 | 21.8 | 29.1 | 34.4 | 18.2 | 15.5 | -11.3 | |
| P / FCF | 15.2 | 30.5 | 8.7 | 56.0 | 67.8 | 20.8 | 25.4 | 33.3 | 53.9 | 21.2 | 16.8 | -9.8 | |
| Dividend Yield | 0.99% | 0.64% | 0.95% | 1.4% | 0.97% | 0.93% | 1.1% | 1.2% | 1.0% | 1.1% | 0.85% | 0.65% | |
| Earnings Yield | 6.8% | 7.5% | 12.9% | 24.5% | 13.6% | 8.5% | 8.1% | 9.0% | 6.9% | 7.8% | 6.9% | 7.3% | |
| Payout Ratio | 13.8% | 8.3% | 7.2% | 5.4% | 6.9% | 10.8% | 13.8% | 12.9% | 14.4% | 13.4% | 12.2% | 9.1% | |
| Annual Payout | $495M | $395M | $341M | $316M | $289M | $256M | $223M | $188M | $150M | $119M | $92M | $49M |
Income Statement
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.23B | $7.56B | $6.89B | $9.68B | $9.23B | $7.73B | $7.61B | $10.00B | $9.97B | $9.11B | $7.73B | $10.50B | $9.73B | $7.97B | $7.26B | $9.64B | |
| Cost of Revenue | $7.08B | $5.85B | $5.29B | $7.58B | $7.02B | $5.83B | $5.70B | $7.45B | $7.32B | $6.77B | $5.72B | $7.68B | $7.14B | $6.00B | $5.29B | $6.76B | |
| SG&A Expense | $991M | $903M | $865M | $971M | $944M | $899M | $878M | $960M | $924M | $881M | $835M | $886M | $852M | $774M | $737M | $832M | |
| Other Non-op | $71M | $67M | $68M | $79M | $93M | $66M | $78M | $116M | $81M | $76M | $76M | $81M | $52M | $42M | $38M | $19M | |
| Pretax Income | $1.23B | $867M | $798M | $1.20B | $1.36B | $1.07B | $1.11B | $1.71B | $1.80B | $1.53B | $1.25B | $2.02B | $1.78B | $1.25B | $1.27B | $2.07B | |
| Income Tax | $308M | $209M | $197M | $288M | $325M | $248M | $258M | $410M | $432M | $345M | $292M | $493M | $432M | $296M | $299M | $418M | |
| Net Income | $905M | $648M | $595M | $905M | $1.02B | $810M | $845M | $1.28B | $1.35B | $1.17B | $947M | $1.51B | $1.34B | $942M | $959M | $1.63B | |
| EPS (Basic) | $3.21 | $2.25 | $2.03 | $3.03 | $3.37 | $2.59 | $2.63 | $3.94 | $4.12 | $3.54 | $2.84 | $4.46 | $3.93 | $2.75 | $2.79 | $4.67 | |
| EPS (Diluted) | $3.20 | $2.24 | $2.03 | $3.02 | $3.36 | $2.58 | $2.61 | $3.90 | $4.10 | $3.52 | $2.82 | $4.43 | $3.90 | $2.73 | $2.76 | $4.64 | |
| Shares (Basic) | 282,200,000 | 287,900,000 | 292,300,000 | · | 304,100,000 | 312,500,000 | 321,500,000 | · | 328,400,000 | 330,900,000 | 333,300,000 | · | 339,900,000 | 342,100,000 | 344,200,000 | · | |
| Shares (Diluted) | 283,000,000 | 289,000,000 | 293,300,000 | · | 304,900,000 | 314,000,000 | 323,300,000 | · | 330,100,000 | 333,300,000 | 335,700,000 | · | 342,300,000 | 344,900,000 | 346,900,000 | · | |
| EBITDA | · | · | $28M | · | · | · | $24M | · | · | · | $20M | · | · | · | $20M | · |
Balance Sheet
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.08B | $1.92B | $2.51B | $2.99B | $2.61B | $2.47B | $3.05B | $4.52B | $2.99B | $3.06B | $3.32B | · | $3.38B | $3.05B | $2.59B | · | |
| PP&E (Net) | $608M | $593M | $582M | $579M | $560M | $536M | $524M | $531M | $521M | $480M | $476M | · | $425M | $510M | $502M | · | |
| Goodwill | $164M | $164M | $164M | $164M | $164M | $164M | $164M | $164M | $164M | $164M | $164M | · | $164M | $164M | $164M | · | |
| Total Assets | $36.51B | $35.57B | $34.64B | $35.47B | $36.40B | $35.69B | $35.03B | $36.10B | $35.15B | $34.40B | $33.38B | · | $32.32B | $31.17B | $30.26B | · | |
| Deferred Tax | $43M | $8M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Total Liabilities | $12.10B | $11.37B | $10.08B | $10.73B | $11.80B | $10.83B | $9.57B | $10.28B | $10.00B | $10.10B | $9.78B | · | $10.24B | $10.05B | $9.71B | · | |
| Common Stock | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | · | $4M | $4M | $4M | · | |
| Retained Earnings | $32.80B | $32.02B | $31.50B | $31.04B | $30.25B | $29.35B | $28.67B | $27.95B | $26.77B | $25.51B | $24.44B | · | $22.16B | $20.91B | $20.06B | · | |
| Treasury Stock | $12.62B | $12.00B | $11.10B | $10.43B | $9.74B | $8.54B | $7.24B | $6.13B | $5.57B | $5.13B | $4.73B | · | $3.91B | $3.56B | $3.26B | · | |
| Stockholders' Equity | $23.82B | $23.63B | $24.00B | $24.19B | $24.05B | $24.33B | $24.94B | $25.31B | $24.66B | $23.82B | $23.15B | · | $21.66B | $20.71B | $20.15B | · | |
| Liabilities + Equity | $36.51B | $35.57B | $34.64B | $35.47B | $36.40B | $35.69B | $35.03B | $36.10B | $35.15B | $34.40B | $33.38B | · | $32.32B | $31.17B | $30.26B | · | |
| Shares Outstanding | 280,730,194 | 284,940,888 | 290,498,069 | 294,475,153 | 298,945,018 | 308,629,060 | 317,652,200 | 324,027,360 | 327,373,437 | 330,196,301 | 332,190,334 | 334,848,565 | 338,222,953 | 341,070,276 | 343,278,561 | 343,953,023 |
Cash Flow
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $29M | $28M | $28M | $27M | $25M | $25M | $24M | $24M | $22M | $21M | $20M | $21M | $24M | $27M | $20M | $21M | |
| Stock-based Comp | $32M | $35M | $41M | $30M | $26M | $32M | $43M | $25M | $27M | $25M | $41M | $31M | $29M | $28M | $23M | $26M | |
| Other Non-cash | · | · | $190M | · | · | · | $-265M | · | · | · | $-1.16B | · | · | · | $-172M | · | |
| Operating Cash Flow | $439M | $-412M | $854M | $2.47B | $739M | $-436M | $647M | $1.96B | $698M | $-317M | $-153M | $2.04B | $788M | $644M | $829M | $1.12B | |
| CapEx | $42M | $37M | $27M | $44M | $46M | $34M | $13M | $32M | $62M | $24M | $48M | $40M | $29M | $32M | $48M | $40M | |
| Investing Cash Flow | $-53M | $-44M | $-116M | $-45M | $-29M | $-37M | $-57M | $-30M | $-95M | $-27M | $-39M | $-2M | $-128M | $-38M | $-143M | $-42M | |
| Stock Issued | · | · | · | $0 | $0 | · | · | $0 | $0 | · | · | $0 | $0 | $0 | $0 | $0 | |
| Stock Repurchased | $600M | $930M | $670M | $700M | $1.20B | $1.50B | $1.10B | · | $400M | $402M | $398M | · | $343M | $303M | $118M | · | |
| Net Stock Activity | · | · | $-670M | · | · | · | $-1.10B | · | · | · | $-398M | · | $-343M | · | $-118M | · | |
| Dividends Paid | $127M | $130M | $132M | $118M | $122M | $126M | $128M | $98M | $98M | $99M | $100M | $84M | $85M | $86M | $86M | $78M | |
| Financing Cash Flow | $-226M | $-122M | $-1.22B | $-2.06B | $-563M | $-77M | $-2.06B | $-408M | $-677M | $92M | $-363M | $-1.55B | $-326M | $-145M | $-647M | $-194M | |
| Net Change in Cash | $161M | $-579M | $-480M | $368M | $147M | $-551M | $-1.48B | $1.52B | $-73M | $-251M | $-556M | $492M | $333M | $462M | $40M | $889M | |
| Free Cash Flow | · | · | $827M | · | · | · | $633M | · | · | · | $-201M | · | · | · | $782M | · |
Profitability
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 9.8% | 8.6% | 8.6% | · | 11.1% | 10.5% | 11.1% | · | 13.6% | 12.9% | 12.3% | · | 13.7% | 11.8% | 13.2% | · | |
| Pretax Margin | 13.3% | 11.5% | 11.6% | · | 14.7% | 13.8% | 14.6% | · | 18.1% | 16.8% | 16.2% | · | 18.3% | 15.6% | 17.5% | · | |
| EBITDA Margin | · | · | 0.40% | · | · | · | 0.32% | · | · | · | 0.26% | · | · | · | 0.27% | · | |
| ROA | 2.5% | 1.8% | 1.7% | · | 2.9% | 2.3% | 2.5% | · | 4.0% | 3.6% | 3.0% | · | 4.4% | 3.3% | 3.5% | · | |
| ROE | 3.8% | 2.7% | 2.4% | · | 4.2% | 3.4% | 3.5% | · | 5.9% | 5.3% | 4.4% | · | 6.7% | 5.0% | 5.3% | · |
Efficiency
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.2 | 0.2 | · | 0.3 | 0.2 | 0.2 | · | 0.3 | 0.3 | 0.2 | · | 0.3 | 0.3 | 0.3 | · |
Per Share
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $84.85 | $82.91 | $82.60 | · | $80.46 | $78.82 | $78.53 | · | $75.32 | $72.13 | $69.70 | · | $64.03 | $60.73 | $58.71 | · | |
| Revenue / Share | $32.60 | $26.15 | $23.48 | · | $30.26 | $24.63 | $23.55 | · | $30.19 | $27.32 | $23.01 | · | $28.41 | $23.12 | $20.92 | · | |
| Cash Flow / Share | · | · | $2.91 | · | · | · | $2.00 | · | · | · | $-0.46 | · | · | · | $2.39 | · | |
| Cash / Share | $7.40 | $6.73 | $8.63 | · | $8.74 | $8.01 | $9.60 | · | $9.14 | $9.28 | $10.00 | · | $9.99 | $8.95 | $7.55 | · | |
| Dividend / Share | $0.45 | $0.45 | $0.45 | $0.40 | $0.40 | $0.40 | $0.40 | $0.30 | $0.30 | $0.30 | $0.30 | $0.25 | $0.25 | $0.25 | $0.25 | $0.23 | |
| Dividend Paid / Share | $0.45 | $0.45 | $0.45 | $0.40 | $0.40 | $0.40 | $0.40 | $0.30 | $0.30 | $0.30 | $0.30 | $0.25 | $0.25 | $0.25 | $0.25 | $0.23 | |
| EPS (TTM) | $10.49 | $10.65 | $10.99 | · | $12.45 | $13.19 | $14.13 | · | $14.87 | $14.67 | $13.88 | · | $14.03 | $14.80 | $16.10 | · |
Valuation (TTM)
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $33.35B | $33.35B | $33.52B | · | $34.58B | $35.32B | $36.69B | · | $37.30B | $37.06B | $35.93B | · | $34.60B | $33.66B | $33.68B | · | |
| Net Income TTM | $3.05B | $3.17B | $3.34B | · | $3.96B | $4.29B | $4.65B | · | $4.98B | $4.96B | $4.73B | · | $4.87B | $5.18B | $5.67B | · | |
| Market Cap | $45.73B | $39.10B | $41.84B | · | $38.54B | $39.24B | $44.41B | · | $46.14B | $54.33B | $50.49B | · | $41.16B | $33.32B | $30.60B | · | |
| P/E | 15.5 | 12.9 | 13.1 | · | 10.4 | 9.6 | 9.9 | · | 9.5 | 11.2 | 10.9 | · | 8.7 | 6.6 | 5.5 | · | |
| P/S | 1.4 | 1.2 | 1.2 | · | 1.1 | 1.1 | 1.2 | · | 1.2 | 1.5 | 1.4 | · | 1.2 | 1.0 | 0.9 | · | |
| P/B | 1.9 | 1.7 | 1.7 | · | 1.6 | 1.6 | 1.8 | · | 1.9 | 2.3 | 2.2 | · | 1.9 | 1.6 | 1.5 | · | |
| P / Tangible Book | 1.9 | 1.7 | 1.8 | · | 1.6 | 1.6 | 1.8 | · | 1.9 | 2.3 | 2.2 | · | 1.9 | 1.6 | 1.5 | · | |
| P / Cash Flow | · | · | 49.0 | · | · | · | 68.7 | · | · | · | -329.1 | · | · | · | 36.9 | · | |
| Dividend Yield | 1.1% | 1.3% | 1.2% | · | 1.2% | 1.1% | 0.95% | · | 0.83% | 0.68% | 0.70% | · | 0.81% | 0.99% | 1.1% | · | |
| Earnings Yield | 6.4% | 7.8% | 7.6% | · | 9.7% | 10.4% | 10.1% | · | 10.5% | 8.9% | 9.1% | · | 11.5% | 15.2% | 18.1% | · | |
| Payout Ratio | · | · | 22.1% | · | · | · | 15.2% | · | · | · | 10.5% | · | · | · | 9.0% | · | |
| Annual Payout | $507M | $502M | $498M | · | $474M | $450M | $424M | · | $382M | $369M | $355M | · | $335M | $329M | $322M | · |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| Revenue | $34.25B | $36.80B | $35.46B | $33.48B | $27.77B |
| Net Income | $3.59B | $4.76B | $4.75B | $5.86B | $4.18B |
| Diluted EPS | $11.57 | $14.34 | $13.82 | $16.51 | $11.41 |
No data for this statement
Not enough fundamentals data to build this statement yet.
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| Free Cash Flow | $3.28B | $2.02B | $4.16B | $414M | $441M |
Institutional owners (13F) 1,347 filers · $44.0B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
1,347
Value held
$44.0B
New positions
187
Exited positions
85
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 187 (+54 vs prior Q) | 85 (-36 vs prior Q) | 469 (+43 vs prior Q) | 432 (-29 vs prior Q) | -751K |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| Capital World Investors | $6,072,499,624 | 37,280,759 | 13.80% | Shares |
| VANGUARD GROUP INC | $4,712,433,601 | 32,718,417 | 10.71% | Shares |
| BlackRock, Inc. | $4,067,841,901 | 24,974,471 | 9.24% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $2,758,751,007 | 16,937,322 | 6.27% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $2,019,760,701 | 12,400,299 | 4.59% | Shares |
| STATE STREET CORP | $1,967,222,943 | 12,077,744 | 4.47% | Shares |
| FMR LLC | $1,537,667,323 | 9,440,491 | 3.49% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $1,172,120,546 | 7,224,096 | 2.66% | Shares |
| Capital Research Global Investors | $926,250,539 | 5,686,635 | 2.10% | Shares |
| MORGAN STANLEY | $602,010,534 | 3,696,034 | 1.37% | Shares |
| GOLDMAN SACHS GROUP INC | $578,984,236 | 3,554,668 | 1.32% | Shares |
| GREENHAVEN ASSOCIATES INC | $571,024,704 | 3,505,800 | 1.30% | Shares |
| Invesco Ltd. | $565,441,532 | 3,471,522 | 1.28% | Shares |
| NORGES BANK | $528,906,216 | 3,247,214 | 1.20% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $508,789,323 | 3,123,368 | 1.16% | Shares |
| BANK OF AMERICA CORP /DE/ | $477,358,276 | 2,930,736 | 1.08% | Shares |
| FRANKLIN RESOURCES INC | $466,283,486 | 2,862,742 | 1.06% | Shares |
| NORTHERN TRUST CORP | $447,293,238 | 2,746,152 | 1.02% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $381,657,121 | 2,781,352 | 0.87% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $331,588,660 | 2,035,785 | 0.75% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $329,037,505 | 2,020,121 | 0.75% | Shares |
| Bank of New York Mellon Corp | $294,291,864 | 1,806,802 | 0.67% | Shares |
| Legal & General Group Plc | $280,664,392 | 1,723,136 | 0.64% | Shares |
| EARNEST PARTNERS LLC | $267,912,354 | 1,644,845 | 0.61% | Shares |
| Holocene Advisors, LP | $255,181,653 | 1,566,685 | 0.58% | Shares |
| JPMORGAN CHASE & CO | $250,983,894 | 1,528,245 | 0.57% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $239,881,683 | 1,472,751 | 0.54% | Shares |
| TWO SIGMA INVESTMENTS, LP | $237,058,484 | 1,455,418 | 0.54% | Shares |
| BARCLAYS PLC | $235,614,715 | 1,446,554 | 0.54% | Shares |
| Smead Capital Management, Inc. | $230,348,292 | 1,414,221 | 0.52% | Shares |
| Amundi | $213,019,840 | 1,307,833 | 0.48% | Shares |
| DEUTSCHE BANK AG\ | $201,076,501 | 1,234,507 | 0.46% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $187,573,025 | 1,151,603 | 0.43% | Shares |
| Boston Partners | $176,516,805 | 1,083,958 | 0.40% | Shares |
| NEUBERGER BERMAN GROUP LLC | $172,842,438 | 1,061,164 | 0.39% | Shares |
| CITIGROUP INC | $167,321,839 | 1,027,271 | 0.38% | Shares |
| UBS Group AG | $152,460,078 | 936,027 | 0.35% | Shares |
| AMERIPRISE FINANCIAL INC | $151,306,543 | 928,818 | 0.34% | Shares |
| Nuveen, LLC | $139,038,886 | 853,628 | 0.32% | Shares |
| Caisse de depot et placement du Quebec | $138,030,213 | 847,435 | 0.31% | Shares |
| Crake Asset Management LLP | $134,032,486 | 822,891 | 0.30% | Shares |
| HSBC HOLDINGS PLC | $128,043,331 | 785,312 | 0.29% | Shares |
| 1832 Asset Management L.P. | $125,223,121 | 768,806 | 0.28% | Shares |
| WELLS FARGO & COMPANY/MN | $124,320,635 | 763,264 | 0.28% | Shares |
| Swiss National Bank | $119,765,664 | 735,300 | 0.27% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $119,505,056 | 733,700 | 0.27% | Call option |
| Pictet Asset Management Holding SA | $116,728,974 | 716,643 | 0.27% | Shares |
| Swedbank AB | $112,117,309 | 688,343 | 0.25% | Shares |
| Brave Warrior Advisors, LLC | $111,487,777 | 684,478 | 0.25% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $109,611,596 | 672,964 | 0.25% | Shares |
Activists & 5%+ owners 13 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| D.R. Horton, Inc. (2) ×5 filings | Nov. 1, 2024 | · | Initial filing | · | SEC |
| Donald R. Horton ×3 filings | Oct. 13, 2020 | · | Initial filing | · | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | June 10, 2002 | · | Initial filing | M&A / sale | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | April 19, 2002 | · | Initial filing | · | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | March 11, 2002 | · | Initial filing | · | SEC |
| James K. Schuler, James and Patricia Schuler Foundation, James K. Schuler 1998 Qualified Annuity Trust, James K. Schuler as Sole Trustee, James K. Schuler Revocable Living Trust, James K. Schuler as Sole Trustee | March 4, 2002 | · | Initial filing | M&A / sale | SEC |
| Schuler Homes, Inc. ×2 filings | Feb. 27, 2002 | · | Initial filing | · | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Feb. 25, 2002 | · | Initial filing | M&A / sale | SEC |
| Undisclosed reporting person | Feb. 25, 2002 | · | Initial filing | M&A / sale | SEC |
| Undisclosed reporting person | Feb. 22, 2002 | · | Initial filing | · | SEC |
| Undisclosed reporting person | Oct. 31, 2001 | · | Initial filing | M&A / sale | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Oct. 31, 2001 | · | Initial filing | M&A / sale | SEC |
| Undisclosed reporting person | Oct. 23, 2001 | · | Initial filing | M&A / sale | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 28 insiders · 10 officers · 16 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Paul J Romanowski | President and CEO | April 20, 2026 M | 200,055 | 0 | 0 | $0 |
| Donald J Tomnitz | President and CEO | March 6, 2014 A | 602,031 | 0 | 0 | $0 |
| Bill W Wheat | EVP and CFO | April 20, 2026 M | 336,544 | 0 | 0 | $0 |
| Michael J Murray | EVP and COO | Sept. 8, 2026 G | 123,968 | 0 | 1 | $-17,876 |
| George W Seagraves | EVP & COO - Eastern US | May 3, 2006 M | 18,214 | 0 | 0 | $0 |
| David V Auld | Executive Chairman | April 20, 2026 M | 942,341 | 0 | 0 | $0 |
| Aron M. Odom | SVP, Controller and PAO | March 30, 2026 M | 8,046 | 0 | 1 | $-43,563 |
| Stacey Dwyer | EVP and Treasurer | May 14, 2013 M | 95,333 | 0 | 0 | $0 |
| Samuel R Fuller | Senior EVP | May 8, 2007 M | 33,649 | 0 | 0 | $0 |
| SCHULER JAMES K | Senior Vice President | Aug. 21, 2003 S | 1 | 0 | 0 | $0 |
| Barbara Smith | Director | Aug. 26, 2026 M | 817 | 0 | 0 | $0 |
| Chad M Crow | Director | Aug. 26, 2026 M | 951 | 0 | 0 | $0 |
| Elaine D Crowley | Director | Aug. 26, 2026 M | 817 | 0 | 0 | $0 |
| Maribess L Miller | Director | April 20, 2026 M | 22,292 | 0 | 0 | $0 |
| Bradley S Anderson | Director | April 20, 2026 M | 36,775 | 0 | 0 | $0 |
| Benjamin Carson SR | Director | April 20, 2026 M | 9,752 | 0 | 0 | $0 |
| Michael R Buchanan | Director | Nov. 20, 2025 M | 1,482 | 0 | 0 | $0 |
| Barbara K Allen | Director | Nov. 21, 2024 S | 0 | 0 | 0 | $0 |
| Donald R Horton | Director | April 26, 2024 G | 0 | 0 | 0 | $0 |
| Michael W Hewatt | Director | Aug. 25, 2022 M | 11,000 | 0 | 0 | $0 |
| Bobby G Scott | Director | Jan. 24, 2014 M | 5,333 | 0 | 0 | $0 |
| Richard I Galland | Director | Feb. 11, 2008 A | 13,451 | 0 | 0 | $0 |
| Gordon D Jones | · | July 14, 2006 M | 47,627 | 0 | 0 | $0 |
| Thomas F Noon | · | May 9, 2006 M | 105,011 | 0 | 0 | $0 |
| Francine I Neff | · | June 17, 2005 M | 13,464 | 0 | 0 | $0 |
| Richard Beckwitt | · | Dec. 16, 2003 M | 1 | 0 | 0 | $0 |
| Richard L Horton | · | Nov. 24, 2003 S | 419,611 | 0 | 0 | $0 |
| Terrill J Horton | · | Nov. 20, 2003 S | 1 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 129 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| ITB · iShares Trust | 16.69% | 2,547,853 SH | Sept. 11, 2026 | Daily |
| NAIL · Direxion Shares ETF Trust | 12.38% | 460,479 NS | July 31, 2026 | N-PORT |
| RSPD · Invesco Exchange-Traded Fund Trust | 2.14% | 58,581 SH | Oct. 5, 2026 | Daily |
| UPGD · Invesco Exchange-Traded Fund Trust | 1.84% | 15,782 SH | Oct. 5, 2026 | Daily |
| EPMB · Harbor ETF Trust | 1.40% | 445 NS | July 31, 2026 | N-PORT |
| JRE · Janus Detroit Street Trust | 1.29% | 378 NS | July 31, 2026 | N-PORT |
| EPMV · Harbor ETF Trust | 1.26% | 412 NS | July 31, 2026 | N-PORT |
| EPSB · Harbor ETF Trust | 1.05% | 352 NS | July 31, 2026 | N-PORT |
| FXD · First Trust Exchange-Traded AlphaDE… | 1.05% | 19,763 NS | July 31, 2026 | N-PORT |
| EPSV · Harbor ETF Trust | 1.03% | 438 NS | July 31, 2026 | N-PORT |
| COWZ · Pacer Funds Trust | 1.03% | 1,342,602 NS | July 31, 2026 | N-PORT |
| PKW · Invesco Exchange-Traded Fund Trust | 0.97% | 120,505 SH | Oct. 5, 2026 | Daily |
| ESLV · Strategy Shares | 0.89% | 886 NS | July 31, 2026 | N-PORT |
| VLUE · iShares Trust | 0.81% | 573,015 SH | Sept. 11, 2026 | Daily |
| SYLD · Cambria ETF Trust | 0.81% | 55,971 NS | July 31, 2026 | N-PORT |
| VOE · VANGUARD INDEX FUNDS | 0.72% | 1,639,444 SH | Aug. 19, 2026 | Daily |
| VCR · VANGUARD WORLD FUND | 0.68% | 286,862 SH | Aug. 19, 2026 | Daily |
| REVS · Columbia ETF Trust I | 0.65% | 15,194 NS | July 31, 2026 | N-PORT |
| FDIS · FIDELITY COVINGTON TRUST | 0.61% | 71,786 NS | July 31, 2026 | N-PORT |
| FTA · First Trust Exchange-Traded AlphaDE… | 0.60% | 59,047 NS | July 31, 2026 | N-PORT |
| IYC · iShares Trust | 0.59% | 50,341 SH | Sept. 11, 2026 | Daily |
| RXI · iShares Trust | 0.57% | 10,438 SH | Sept. 11, 2026 | Daily |
| TEXN · iShares Trust | 0.57% | 786 SH | Sept. 11, 2026 | Daily |
| WANT · Direxion Shares ETF Trust | 0.53% | 752 NS | July 31, 2026 | N-PORT |
| IMCV · iShares Trust | 0.48% | 41,376 SH | Sept. 11, 2026 | Daily |
| FFLC · FIDELITY COVINGTON TRUST | 0.40% | 33,659 NS | July 31, 2026 | N-PORT |
| VO · VANGUARD INDEX FUNDS | 0.40% | 5,531,111 SH | Aug. 19, 2026 | Daily |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.40% | 43,255 NS | July 31, 2026 | N-PORT |
| EQIN · Columbia ETF Trust I | 0.38% | 8,105 NS | July 31, 2026 | N-PORT |
| RPV · Invesco Exchange-Traded Fund Trust | 0.34% | 42,421 SH | Oct. 5, 2026 | Daily |
| IWS · iShares Trust | 0.34% | 375,815 SH | Sept. 11, 2026 | Daily |
| RECS · Columbia ETF Trust I | 0.33% | 133,843 NS | July 31, 2026 | N-PORT |
| DFLV · Dimensional ETF Trust | 0.33% | 154,373 NS | July 31, 2026 | N-PORT |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.30% | 3,565 NS | July 31, 2026 | N-PORT |
| BSCQ · Invesco Exchange-Traded Self-Indexe… | 0.30% | 9,545,000 | Oct. 5, 2026 | Daily |
| DIVB · iShares Trust | 0.30% | 44,819 SH | Sept. 11, 2026 | Daily |
| ESUM · Strategy Shares | 0.26% | 3,248 NS | July 31, 2026 | N-PORT |
| IWR · iShares Trust | 0.25% | 1,030,148 SH | Sept. 11, 2026 | Daily |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.25% | 7,958 NS | July 31, 2026 | N-PORT |
| IMCB · iShares Trust | 0.24% | 29,789 SH | Sept. 11, 2026 | Daily |
| PFIG · Invesco Exchange-Traded Fund Trust … | 0.24% | 310,000 | Oct. 5, 2026 | Daily |
| JPUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.23% | 7,284 NS | July 31, 2026 | N-PORT |
| JVAL · J.P. Morgan Exchange-Traded Fund Tr… | 0.21% | 12,333 NS | July 31, 2026 | N-PORT |
| XOEF · iShares Trust | 0.20% | 333 SH | Sept. 11, 2026 | Daily |
| RSP · Invesco Exchange-Traded Fund Trust | 0.20% | 1,401,108 SH | Oct. 5, 2026 | Daily |
| VIG · VANGUARD SPECIALIZED FUNDS | 0.19% | 1,489,936 SH | Aug. 19, 2026 | Daily |
| SIZE · iShares Trust | 0.19% | 5,971 SH | Sept. 11, 2026 | Daily |
| IUS · Invesco Exchange-Traded Self-Indexe… | 0.19% | 13,559 SH | Oct. 5, 2026 | Daily |
| EUSA · iShares, Inc. | 0.18% | 25,692 SH | Sept. 11, 2026 | Daily |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.17% | 119,798 SH | Oct. 5, 2026 | Daily |
| DFUV · Dimensional ETF Trust | 0.16% | 176,155 NS | July 31, 2026 | N-PORT |
| VTV · VANGUARD INDEX FUNDS | 0.16% | 2,433,011 SH | Aug. 19, 2026 | Daily |
| DFVX · Dimensional ETF Trust | 0.15% | 5,628 NS | July 31, 2026 | N-PORT |
| PRF · Invesco Exchange-Traded Fund Trust | 0.15% | 110,944 SH | Oct. 5, 2026 | Daily |
| VOOV · VANGUARD ADMIRAL FUNDS | 0.15% | 60,706 SH | Aug. 19, 2026 | Daily |
| HAPI · Harbor ETF Trust | 0.14% | 4,853 NS | July 31, 2026 | N-PORT |
| VFVA · VANGUARD WELLINGTON FUND | 0.14% | 7,071 SH | Aug. 19, 2026 | Daily |
| USXF · iShares Trust | 0.14% | 15,160 SH | Sept. 11, 2026 | Daily |
| PFM · Invesco Exchange-Traded Fund Trust | 0.14% | 7,977 SH | Oct. 5, 2026 | Daily |
| BSCU · Invesco Exchange-Traded Self-Indexe… | 0.14% | 3,731,000 | Oct. 2, 2026 | Daily |
| DFSU · Dimensional ETF Trust | 0.13% | 20,199 NS | July 31, 2026 | N-PORT |
| VEGN · ETF Series Solutions | 0.12% | 1,513 NS | July 31, 2026 | N-PORT |
| IVE · iShares Trust | 0.12% | 437,581 SH | Sept. 11, 2026 | Daily |
| IUSV · iShares Trust | 0.11% | 230,165 SH | Sept. 11, 2026 | Daily |
| BSCR · Invesco Exchange-Traded Self-Indexe… | 0.11% | 5,195,000 | Oct. 5, 2026 | Daily |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.11% | 151,591 SH | Aug. 19, 2026 | Daily |
| MPLY · Strategy Shares | 0.10% | 114 NS | July 31, 2026 | N-PORT |
| SUSL · iShares Trust | 0.10% | 9,007 SH | Sept. 11, 2026 | Daily |
| ILCV · iShares Trust | 0.10% | 9,891 SH | Sept. 11, 2026 | Daily |
| EVUS · iShares Trust | 0.09% | 2,636 SH | Sept. 11, 2026 | Daily |
| DGRO · iShares Trust | 0.09% | 297,110 SH | Sept. 11, 2026 | Daily |
| IWD · iShares Trust | 0.09% | 557,974 SH | Sept. 11, 2026 | Daily |
| ESGU · iShares Trust | 0.09% | 119,313 SH | Sept. 11, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.09% | 3,461 NS | July 31, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.09% | 295,911 NS | July 31, 2026 | N-PORT |
| ACVF · ETF Opportunities Trust | 0.09% | 908 NS | July 31, 2026 | N-PORT |
| EGLE · Global X Funds | 0.08% | 13 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.08% | 18,421 NS | July 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.07% | 62,581 NS | July 31, 2026 | N-PORT |
| VOO · VANGUARD INDEX FUNDS | 0.07% | 6,849,825 SH | Aug. 19, 2026 | Daily |
| VV · VANGUARD INDEX FUNDS | 0.07% | 298,061 SH | Aug. 19, 2026 | Daily |
| ESGV · VANGUARD WORLD FUND | 0.07% | 56,817 SH | Aug. 19, 2026 | Daily |
| TOPC · iShares Trust | 0.07% | 158 SH | Sept. 11, 2026 | Daily |
| XRMI · Global X Funds | 0.06% | 221 NS | July 31, 2026 | N-PORT |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.06% | 3,680 SH | Oct. 5, 2026 | Daily |
| XVV · iShares Trust | 0.06% | 3,026 SH | Sept. 11, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.06% | 8,103,991 SH | Aug. 19, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.06% | 41,448 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.06% | 21,153 SH | Aug. 19, 2026 | Daily |
| PTLC · Pacer Funds Trust | 0.06% | 13,633 NS | July 31, 2026 | N-PORT |
| CATH · Global X Funds | 0.06% | 5,428 NS | July 31, 2026 | N-PORT |
| VOXP · Advisors Series Trust | 0.06% | 24 NS | July 31, 2026 | N-PORT |
| CHRI · Global X Funds | 0.06% | 33 NS | July 31, 2026 | N-PORT |
| XYLD · Global X Funds | 0.06% | 13,249 NS | July 31, 2026 | N-PORT |
| BKLC · BNY Mellon ETF Trust | 0.06% | 21,923 NS | July 31, 2026 | N-PORT |
| QVML · Invesco Exchange-Traded Fund Trust … | 0.06% | 7,146 SH | Oct. 5, 2026 | Daily |
| XTR · Global X Funds | 0.06% | 19 NS | July 31, 2026 | N-PORT |
| BBUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.06% | 35,116 NS | July 31, 2026 | N-PORT |
| VOTE · TCW ETF Trust | 0.06% | 4,304 NS | July 31, 2026 | N-PORT |
| XCLR · Global X Funds | 0.06% | 14 NS | July 31, 2026 | N-PORT |
| XYLG · Global X Funds | 0.06% | 250 NS | July 31, 2026 | N-PORT |
| IVV · iShares Trust | 0.05% | 3,324,348 SH | Sept. 11, 2026 | Daily |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.05% | 18,960 SH | Oct. 5, 2026 | Daily |
| SPUU · Direxion Shares ETF Trust | 0.05% | 995 NS | July 31, 2026 | N-PORT |
| QDPL · Pacer Funds Trust | 0.05% | 6,354 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.05% | 76,846 NS | July 31, 2026 | N-PORT |
| PBP · Invesco Exchange-Traded Fund Trust | 0.05% | 1,515 SH | Oct. 5, 2026 | Daily |
| PBUS · Invesco Exchange-Traded Fund Trust … | 0.05% | 41,335 SH | Oct. 5, 2026 | Daily |
| ILCB · iShares Trust | 0.05% | 4,930 SH | Sept. 11, 2026 | Daily |
| IYY · iShares Trust | 0.05% | 11,288 SH | Sept. 11, 2026 | Daily |
| TOV · EA Series Trust | 0.05% | 991 NS | July 31, 2026 | N-PORT |
| TILT · FlexShares Trust | 0.05% | 7,612 NS | July 31, 2026 | N-PORT |
| IWB · iShares Trust | 0.05% | 173,488 SH | Sept. 11, 2026 | Daily |
| ITOT · iShares Trust | 0.05% | 339,800 SH | Sept. 11, 2026 | Daily |
| HCMT · Direxion Shares ETF Trust | 0.05% | 1,836 NS | July 31, 2026 | N-PORT |
| IWV · iShares Trust | 0.05% | 69,054 SH | Sept. 11, 2026 | Daily |
| SPXL · Direxion Shares ETF Trust | 0.04% | 20,618 NS | July 31, 2026 | N-PORT |
| PHDG · Invesco Actively Managed Exchange-T… | 0.04% | 200 SH | Oct. 5, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.04% | 213,101 SH | Aug. 19, 2026 | Daily |
| TOK · iShares Trust | 0.04% | 695 SH | Sept. 11, 2026 | Daily |
| URTH · iShares, Inc. | 0.04% | 23,586 SH | Sept. 11, 2026 | Daily |
| ACWI · iShares Trust | 0.03% | 84,555 SH | Sept. 11, 2026 | Daily |
| CRBN · iShares Trust | 0.03% | 2,368 SH | Sept. 11, 2026 | Daily |
| LGDX · Tidal Trust III | 0.01% | 71 NS | July 31, 2026 | N-PORT |
| GTO · Invesco Actively Managed Exchange-T… | 0.00% | 1,000 | Sept. 30, 2026 | Daily |
| BND · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VCSH · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VTC · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | · | · | July 14, 2026 | Daily |
DHI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 26 analysts
BUY
Median target
$155.00
+13.3%
6 23.1%
Strong Buy
4 15.4%
Buy
15 57.7%
Hold
1 3.8%
Sell
0 0.0%
Strong Sell
12-Month Price Target
12 analysts · 2026-10-01Mean target $158.92 +16.2%
Now
Current price $136.75
Low$125.00
Mean$158.92
High$206.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| DHI | $49.90B | 14.6 | -6.9% | 10.5% | 14.5% | · |
| PHM | $22.60B | 10.5 | -3.5% | 12.8% | 17.4% | · |
| LEN | · | · | · | · | · | · |
| NVR | $20.42B | 16.7 | -1.9% | 13.0% | 34.8% | · |
| TOL | $12.79B | 10.0 | 1.1% | 12.3% | 16.9% | · |
| IBP | $7.00B | 26.7 | 1.0% | 8.9% | 38.6% | 34.0% |
| SKY | $3.98B | 19.8 | 7.3% | 7.8% | 13.3% | 26.4% |
| CVCO | $3.61B | 19.4 | 11.4% | 8.5% | 17.4% | 23.5% |
| MTH | $4.49B | 10.4 | · | · | 8.7% | · |
Latest News Recent headlines mentioning this company
Warren Buffett and Greg Abel Just Bought 8 Stocks. Here's the Best of the Bunch.
Nasdaq · 1 month, 2 weeks ago
Lennar vs. D.R. Horton: Which Consumer Stock Is a Better Buy in 2026?
Nasdaq · 4 months ago
D.R. Horton (DHI) Among the Most Undervalued High Quality Stocks To Buy Now
Yahoo Finance · 4 months, 3 weeks ago
Jim Cramer on D.R. Horton: “These Numbers Left Me Feeling Pleasantly Surprised”
Yahoo Finance · 5 months, 1 week ago
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Source: SEC 10-Q filed Jul 23, 2026