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D.R. Horton DHI Free cash flow margin

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Other financials

Income statement

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Revenue$9.2B0.0%
Gross profit$2.1B-2.9%
Net income$904.9M-11.7%
EPS (diluted)$3.20-4.8%

Balance sheet

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Cash & equivalents$2.1B-19.9%
Total debt$70.0M+36.5%
Total equity$23.8B-1.0%
Total assets$36.5B+0.3%

Cash flow

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Operating cash flow$854.0M+32.1%
CapEx-$171.2M-472%
Free cash flow$826.6M+30.5%

Valuation

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Market cap$41.02B-10.2%
P/E13.4×+1.9×
P/S1.2×-0.1×

Profitability

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Gross margin22.6%-2.2pp
Net margin9.2%-2.3pp

Returns & leverage

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Return on equity12.8%-3.5pp
Debt / equity0.0×

Where this comes from

Calculated from D.R. Horton’s reported figures.

Based on trailing twelve months.

The source filing: D.R. Horton’s 10-Q, filed January 22, 2026. Open the filing →

Filed
Jan 22, 2026, 3:00 PM EST
Fiscal quarter
Q1 FY2026
Calendar quarter
Q4 2025
Accession
0000882184-26-000014

FAQ

What is D.R. Horton's free cash flow margin?
D.R. Horton (DHI) reported free cash flow margin of 7.8% in Q4 2024.
How has D.R. Horton's free cash flow margin changed year-over-year?
D.R. Horton's free cash flow margin decreased by 11.8% year-over-year, from 8.8% to 7.8%.
What is the long-term trend for D.R. Horton's free cash flow margin?
Over 2 years (2022 to 2024), D.R. Horton's free cash flow margin has grown at a 111.0% compound annual growth rate (CAGR), from 1.2% to 5.5%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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