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D.R. Horton Balance Sheet Statement

Assets, liabilities, and shareholders' equity

D.R. Horton holds $35.6B in total assets. Shareholders' equity is $23.6B against $70.0M in total debt. Cash and equivalents total $2.0B. Based on the Q1 2026 filing.

Total Assets$35.6BTotal Stockholders Equity$23.6BCash And Equivalents$2.0B
Latest FilingQ1 2026
Report Date2026-04-23
Market Cap$43.8B
P/E Ratio13.80
ROE13.23%

Current Liabilities

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Accounts payable$1.4B$1.4B$1.4B$1.2B$1B$1.3B
Accrued compensation$505.2M$542.3M$565.4M$598.7M$535.2M$565.5M
Accrued Contingent Liabilities$939.1M$991.3M$1B$1.1B$1.1B$1.1B
Accrued expenses$118.1M$126.3M$137M$141M$137.4M$117.5M
Accrued interest$28.6M$45.4M$48.6M$60.5M$39.1M$55.8M
Commercial Paper Outstanding$248.6M$234.2M$281.5M—$281.8M$262.7M
Contract liabilities$72.5M$84.5M$106.6M$81.5M$81.5M$113.1M
Deposits$2.3B$2.3B$2.3B$2.4B$2.4B$2.5B
Income taxes payable$248.5M$0$54M$19M$193.5M$16.2M
Operating lease liabilities, current$52.3M$51.3M$53.1M$65.6M$68.9M$70M
Payables to Broker Dealers and Clearing Organizations$43.2M——$0$2.2M$48M
Standard Product Warranty Accrual$570.4M$557.3M$564.7M$566.2M$560.8M$546.5M

Current Assets

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Accounts receivable, net$136.3M$162.8M$152.9M$164M$147.9M$144.2M
Cash and cash equivalents$3.1B$2.5B$2.7B$3B$2.6B$2B
Margin Deposit Assets$0$57.3M$47.9M$47.9M$3.6M$300K
Derivative assets$55.3M$2.6M$6.8M$600K$11.3M$44.5M
Loans held for sale$1.8B$2.5B$2.8B$2.6B$1.9B$2.7B
Prepaid expenses and other current assets$121.8M$116.4M$106.8M$134.5M$141.6M$147.9M
Restricted cash$18.9M$46.7M$50.9M$47.9M$46.7M$56.3M

Equity

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Additional paid-in capital$3.5B$3.5B$3.5B$3.6B$3.6B$3.6B
Common stock1B1B1B1B1B1B
Common Stock Par Value Per Share$0.01$0.01$0.01$0.01$0.01$0.01
Common Stock Shares Issued403.3M403.9M403.9M404M404.5M404.9M
Convertible Preferred Stock Authorized Shares30M30M30M30M30M30M
Convertible Preferred Stock Issued Shares000000
Additional paid-in capital$3.5B$3.5B$3.5B$3.6B$3.6B$3.6B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$4M$4M$4M$4M$4M$4M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0$0$0$0$0$0
Treasury Stock, Value$7.2B$8.5B$9.7B$10.4B$11.1B$12B
Noncontrolling interests$519M$531.6M$540.1M$551.8M$559.9M$573.2M
Preferred stock$0$0$0$0$0$0
Preferred Stock Par Value Per Share$0.10$0.10$0.10$0.10$0.10$0.10
Retained earnings$28.7B$29.4B$30.3B$31B$31.5B$32B
Share Repurchase Authorization Limit$2.5B$1.2B$4B—$2.6B$1.7B
Share Repurchase Program - Amount Remaining$2.5B$1.2B$4B—$2.6B$1.7B
Total liabilities and stockholders' equity$35B$35.7B$36.4B$35.5B$34.6B$35.6B
Total stockholders' equity$24.9B$24.3B$24.1B$24.2B$24B$23.6B
Treasury stock$7.2B$8.5B$9.7B$10.4B$11.1B$12B

Non-Current Assets

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Deferred tax assets$127.4M$74.6M$66.5M$44.5M$25M$0
Goodwill$163.5M$163.5M$163.5M$163.5M$163.5M$163.5M
Intangible assets, net$320.8M$333.3M$332.8M$333M$332.1M$332M
Mortgage servicing rights$10.4M$5.3M$19.8M$27.1M$48.2M$20.1M
Net Investment in Lease$50.1M$48.8M$50.4M$63M$66.2M$67.1M
Accounts and notes receivable$136.3M$162.8M$152.9M$164M$147.9M$144.2M
Deferred tax assets$127.4M$74.6M$66.5M$44.5M$25M$0
Inventory, Homes under Construction$8.7B$8.7B$9B$7.6B$7.3B$8.6B
Inventory, Land Held for Development and Sale$288M$288.6M$286.9M$218.3M$212M$195.6M
Rental properties$3B$3.1B$3.1B$2.7B$2.9B$3B
Inventory, Real Estate$26.1B$26.5B$26.7B$25.3B$25.6B$26.3B
Inventory, Real Estate, Land and Land Development Costs$14.1B$14.4B$14.3B$14.7B$15.2B$14.5B
Operating lease right-of-use assets$50.1M$48.8M$50.4M$63M$66.2M$67.1M
Other Assets$3.3B$3.5B$3.4B$3.8B$3.8B$3.9B
Other Intangible Assets Net$320.8M$333.3M$332.8M$333M$332.1M$332M
Operating Lease Right-of-Use Assets in Other Assets$50.1M$48.8M$50.4M$63M$66.2M$67.1M
Other non-current assets$3.3B$3.5B$3.4B$3.8B$3.8B$3.9B
Property and equipment, net$524.2M$536.5M$559.7M$578.9M$582M$593.1M
Tax Credit Carryforward Valuation Allowance$14.9M$14.9M$14.8M$14.6M$14.6M$14.6M
Total assets$35B$35.7B$36.4B$35.5B$34.6B$35.6B

Non-Current Liabilities

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Deferred tax liabilities———$0—$8.4M
Accrued taxes and other expenses$3.1B$2.9B$3.2B$3.5B$3.5B$3.5B
Other Payables To Broker Dealers And Clearing Organizations$43.2M——$0$2.2M$48M
Operating Lease Liabilities (Total)$52.3M$51.3M$53.1M$65.6M$68.9M$70M
Senior unsecured notes, net$5.1B$6.5B$7.2B$6B$5.5B$6.6B
Total liabilities$9.6B$10.8B$11.8B$10.7B$10.1B$11.4B

Other

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Pledged reimbursements liability———$251.4M$234M$237.8M
Pledged reimbursements asset———$251.4M$234M$237.8M
Carrying Value of Communities Impaired$40.2M$38.4M$72.1M——$33.1M
Common stock, par value (in dollars per share)$0$0$0$0$0$0
Common stock, shares authorized (in shares)$1B$1B$1B$1B$1B$1B
Common stock, shares issued (in shares)$403.3M$403.9M$403.9M$404M$404.5M$404.9M
Common Stock, Shares, Outstanding$317.7M$308.6M$298.9M$294.5M$290.5M$284.9M
Construction Defect Portion of Loss Contingency Accrual97.0%97.0%98.0%98.0%98.0%99.0%
Inventory related accruals$452.4M$449.1M$477.2M$497.3M$483.7M$506.7M
Contract assets - insurance agency commissions$121.5M$126M$127M$127.9M$130.9M$133.9M
Contract with Customer, Liability$72.5M$84.5M$106.6M$81.5M$81.5M$113.1M
Deferred income taxes———$0—$8.4M
Deferred Tax Assets, Valuation Allowance$14.9M$14.9M$14.8M$14.6M$14.6M$14.6M
Earnest money deposits$2.2B$2.3B$2.3B—$2.4B$2.5B
Insurance recovery benefits$120M$126.7M$138.5M$167M$159.3M$152.3M
Interest rate lock commitments———$0—$9.6M
Inventory Land Held For Sale$8.7M$11.9M$29.8M$21.4M$26.4M$39.1M
Letters of Credit Outstanding, Amount$248.6M$234.2M$281.5M—$281.8M$262.7M
Loss Contingency Accrual$939.1M$991.3M$1B$1.1B$1.1B$1.1B
Noncontrolling interests in subsidiaries$519M$531.6M$540.1M$551.8M$559.9M$573.2M
Other Assets, Miscellaneous$75.7M$70.1M$67.8M$75.2M$81.4M$80.3M
Mortgage hedging instruments and commitments$3.4M$42.3M$60.6M$34.1M$0$0
Preferred Stock, Par or Stated Value Per Share$0.1$0.1$0.1$0.1$0.1$0.1
Preferred Stock, Shares Authorized$30M$30M$30M$30M$30M$30M
Preferred Stock, Shares Issued$0$0$0$0$0$0
Total Principal Outstanding$1.9B$2.5B$2.9B$2.7B$2B$2.8B
Purchase Obligation$25.8B$25.6B$25.7B—$26.7B$26.7B
Real Estate Inventory Capitalized Interest Costs$371.5M$394.5M$427.4M$438.7M$463.9M$485.8M
Surety bonds$3.4B$3.4B$3.4B—$3.3B$3.3B
Standard Product Warranty Accrual$570.4M$557.3M$564.7M$566.2M$560.8M$546.5M
Share Repurchase Program, Authorized, Amount$4B$5B——$5B$5B
Share Repurchase Program, Remaining Authorized, Amount$2.5B$1.2B$4B—$2.6B$1.7B
Treasury stock, shares (in shares)$85.6M$95.3M$105M$109.6M$114M$119.9M
Purchase Obligation$25.8B$25.6B$25.7B—$26.7B$26.7B