Free cash flow
D.R. Horton Free cash flow decreased by 154.4% to -$449.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from -$470.50M to -$449.70M. Over 4 years (FY 2021 to FY 2025), Free cash flow shows an upward trend with a 65.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $104.90M | $521.40M | -$205.00M | -$702.10M | $236.30M | $1.08B | $781.60M | $612.80M | $758.40M | $2.00B | -$201.00M | -$340.40M | $636.30M | $1.93B | $633.40M | -$470.50M | $692.60M | $2.43B | $826.60M | -$449.70M |
| QoQ Change | — | +397.0% | -139.3% | -242.5% | +133.7% | +358.9% | -27.9% | -21.6% | +23.8% | +164.1% | -110.0% | -69.4% | +286.9% | +203.3% | -67.2% | -174.3% | +247.2% | +250.6% | -66.0% | -154.4% |
| YoY Change | — | — | — | — | +125.3% | +108.0% | +481.3% | +187.3% | +220.9% | +84.7% | -125.7% | -155.5% | -16.1% | -3.7% | +415.1% | -38.2% | +8.8% | +25.8% | +30.5% | +4.4% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is D.R. Horton's free cash flow?
- D.R. Horton (DHI) reported free cash flow of -$449.70M in Q1 2026.
- How has D.R. Horton's free cash flow changed year-over-year?
- D.R. Horton's free cash flow increased by 4.4% year-over-year, from -$470.50M to -$449.70M.
- What is the long-term trend for D.R. Horton's free cash flow?
- Over 4 years (2021 to 2025), D.R. Horton's free cash flow has grown at a 65.2% compound annual growth rate (CAGR), from $440.90M to $3.28B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.