Skip to content

D.R. Horton DHI Q4 2025 Annual earnings

Reported October 28, 2025 · Before market open

Revenue estimate$9.4B
EPS estimate$3.27

Next report

Jul 21, 2026 (In 1 week)
Revenue estimate$9.1B
EPS estimate$2.99

Financials

Q4 2025

Income statement

See full
Revenue$9.7B-3.2%
Gross profit$2.1B-17.9%
Net income$905.3M-29.5%
EPS (diluted)$3.04-22.3%

Balance sheet

See full
Cash & equivalents$3.0B-33.2%
Total debt$65.6M+23.1%
Total equity$24.2B-4.4%
Total assets$35.5B-1.8%

Cash flow

See full
Operating cash flow$2.5B+26.0%
CapEx$43.8M+36.9%
Free cash flow$2.4B+25.8%

Valuation & ratios

Valuation

as of 09/30/25
See full
Market cap$50.52B-18.7%
Enterprise value$47.56B-17.5%
P/E14.1×+1.0×
P/S1.5×-0.2×

Profitability

See full
Gross margin23.7%-2.2pp
Net margin10.5%-2.5pp

Returns & leverage

See full
Return on equity14.5%-5.3pp
Debt / equity0.0×

Segments

By geography

See full
South Central$1.9B-3.4%
East$1.8B+8.6%
Southwest$1.2B-4.5%
North$1.1B+10.8%
Northwest$793.7M+10.7%

By segment

See full
Forestar Group$670.5M+21.6%
Financial Services$218.2M-1.7%
Eliminations and Other-$580.8M-36.4%

By product

See full
Financial Services$218.2M-1.7%
Land$110.1M-24.7%

Versus estimates

Ask the moment D.R. Horton reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did D.R. Horton report Q4 2025 earnings?
D.R. Horton (DHI) reported Q4 2025 earnings on October 28, 2025 before market open.
What were D.R. Horton's Q4 2025 revenue and EPS?
D.R. Horton reported revenue of $9.7B and diluted EPS of $3.04 for Q4 2025.
Did D.R. Horton beat estimates in Q4 2025?
Revenue beat the consensus estimate of $9.4B by $264.2M. EPS missed the consensus estimate of $3.27 by $0.23.
How did D.R. Horton's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 3.2% from $10.0B a year earlier and diluted EPS declined 22.4% from $3.92.
Where can I find D.R. Horton's Q4 2025 SEC filings?
You can read the 10-K periodic report (0000882184-25-000081) directly on SEC EDGAR. The filing index links above go to sec.gov.