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D.R. Horton DHI Surety bonds

Surety bonds at other companies

M/I Homes logo
M/I HomesMHO
$12.88M+9.8%

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$42.26B-8.5%
P/E13.8×+2.2×
P/S1.3×-0.1×

Profitability

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Gross margin22.6%-2.2pp
Net margin9.2%-2.3pp
FCF margin7.8%-1.0pp

Returns & leverage

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

Where this comes from

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

Tagged under the XBRL concept us-gaap:SpecialAssessmentBondNoncurrent.

The source filing: D.R. Horton’s 10-Q, filed April 23, 2026.

Filed
Apr 23, 2026, 2:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0000882184-26-000081

At March 31, 2026, the Company had outstanding surety bonds of $3.3 billion and letters of credit of $262.7 million to secure performance under various contracts. Of the total letters of credit, $219.8 million were issued under the homebuilding revolving credit facility and $42.9 million were issued under Forestar’s revolving credit facility.

Item 1. Financial Statements (unaudited)

FAQ

What is D.R. Horton's surety bonds?
D.R. Horton (DHI) reported surety bonds of $3.3B in Q1 2026.
How has D.R. Horton's surety bonds changed year-over-year?
D.R. Horton's surety bonds decreased by 2.9% year-over-year, from $3.4B to $3.3B.

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