Operating
Operating Cash Flow
D.R. Horton Operating Cash Flow decreased by 65.5% to $854.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 32.1%, from $646.70M to $854.00M. Over 2 years (FY 2022 to FY 2024), Operating Cash Flow shows an upward trend with a 97.4% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
First reportedQ1 2014
Last reportedQ1 2026Jan 22, 2026
Metric ID:
net_cash_from_operatingHistorical Data
17 periods
| 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 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $568.90M | -$174.10M | -$660.50M | $271.80M | $1.12B | $829.10M | $644.50M | $787.50M | $2.04B | -$153.40M | -$316.70M | $698.30M | $1.96B | $646.70M | $738.60M | $2.47B | $854.00M |
| QoQ Change | — | -130.6% | -279.4% | +141.2% | +313.8% | -26.3% | -22.3% | +22.2% | +159.4% | -107.5% | -106.5% | +320.5% | +180.9% | -67.0% | +14.2% | +234.7% | -65.5% |
| YoY Change | — | — | — | — | +97.7% | +576.2% | +197.6% | +189.7% | +81.7% | -118.5% | -149.1% | -11.3% | -4.0% | +521.6% | +5.8% | +26.0% | +32.1% |
Range-$660.50M – $2.47B
CAGR+10.7%
Avg YoY Growth+111.2%
Median YoY Growth+32.1%
Business Segments
| Segment | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| HomeBuildingOps | $559.75M | $559.75M | — | — | — | — | $497.70M | $121.10M |
| Eliminations and Other | $1.60M | $25.00M | — | — | — | -$46.70M | -$21.20M | $33.40M |
| Financial Services | $197.60M | $124.70M | $813.30M | — | -$217.30M | $193.30M | $731.50M | — |
| Forestar Group | -$61.60M | — | -$449.90M | -$19.90M | — | — | -$157.00M | — |
| HomeBuildingMember | $563.60M | — | — | — | — | — | — | — |
| Total | $698.30M | $1.96B | $646.70M | — | $738.60M | $2.47B | $854.00M | — |
HomeBuildingMember was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Operating Cash Flow at Other Companies
Frequently Asked Questions
- What is D.R. Horton's operating cash flow?
- D.R. Horton (DHI) reported operating cash flow of $854.00M in Q4 2025.
- How has D.R. Horton's operating cash flow changed year-over-year?
- D.R. Horton's operating cash flow increased by 32.1% year-over-year, from $646.70M to $854.00M.
- What is the long-term trend for D.R. Horton's operating cash flow?
- Over 2 years (2022 to 2024), D.R. Horton's operating cash flow has grown at a 97.4% compound annual growth rate (CAGR), from $561.80M to $2.19B.