What is D.R. Horton's inventory, homes under construction?

D.R. Horton (DHI) reported inventory, homes under construction of $8.55B in Q1 2026.

How has D.R. Horton's inventory, homes under construction changed year-over-year?

D.R. Horton's inventory, homes under construction decreased by 1.2% year-over-year, from $8.65B to $8.55B.

What is the long-term trend for D.R. Horton's inventory, homes under construction?

Over 4 years (2021 to 2025), D.R. Horton's inventory, homes under construction has grown at a -0.3% compound annual growth rate (CAGR), from $7.74B to $7.65B.

D.R. Horton DHI Inventory, Homes under Construction

Inventory, Homes under Construction at other companies

Century CommunitiesCCS

$1.38B-9.2%

LGI HomesLGIH

$321.5M-12.5%

Toll BrothersTOL

——

M/I HomesMHO

——

PultegroupPHM

——

Beazer Homes USA, Inc.BZH

——

Segments

By segment

See full

HomeBuildingOps$8.68B—

Eliminations and Other-$130.8M—

Financial Services$0—

Forestar Group$0—

Other financials

Income statement

See full

Revenue$7.6B-2.3%

Gross profit$1.7B-10.4%

Net income$647.9M-20.1%

EPS (diluted)$2.24-13.2%

Balance sheet

See full

Cash & equivalents$2.0B-21.6%

Total debt$70.0M+36.5%

Total equity$23.6B-2.9%

Total assets$35.6B-0.3%

Cash flow

See full

Operating cash flow$854.0M+32.1%

CapEx$37.2M+8.5%

Free cash flow$826.6M+30.5%

Valuation

See full

Market cap$46.19B+15.1%

Enterprise value$44.29B+18.2%

P/E14.6×+4.4×

P/S1.4×+0.2×

Profitability

See full

Gross margin22.8%-2.7pp

Net margin9.5%-2.6pp

FCF margin7.8%-1.0pp

Returns & leverage

See full

Return on equity13.2%-4.6pp

Debt / equity0×0.0×

Where this comes from

Reported directly by D.R. Horton in its filing.

Tagged under the XBRL concept us-gaap:InventoryHomesUnderConstruction.

The official record: D.R. Horton’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is D.R. Horton's inventory, homes under construction?: D.R. Horton (DHI) reported inventory, homes under construction of $8.55B in Q1 2026.
How has D.R. Horton's inventory, homes under construction changed year-over-year?: D.R. Horton's inventory, homes under construction decreased by 1.2% year-over-year, from $8.65B to $8.55B.
What is the long-term trend for D.R. Horton's inventory, homes under construction?: Over 4 years (2021 to 2025), D.R. Horton's inventory, homes under construction has grown at a -0.3% compound annual growth rate (CAGR), from $7.74B to $7.65B.