D.R. Horton, Inc.
DHI Consumer Cyclical Residential Construction
D.R. Horton, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $34.3 billion, down 6.93% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 4.75%, free cash flow fell 44.1% and total debt fell 1.88%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.
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D.R. Horton, Inc. (DHI) Operating cash flow
D.R. Horton, Inc.'s operating cash flow for fiscal 2025 was $3.4B, up 56.2% from $2.2B in fiscal 2024. Over the twelve months to 30 June 2026 it was $3.4B. Over the past ten years it has ranged from $440.2M (fiscal 2017) to $4.3B (fiscal 2023); the current reading is higher than 91% of that period. D.R. Horton, Inc. ranks 1st of 18 Residential Construction companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $3.4B | 56.22% |
| FY2024 | $2.2B | (49.12%) |
| FY2023 | $4.3B | 666.13% |
| FY2022 | $561.8M | 5.13% |
| FY2021 | $534.4M | (62.41%) |
| FY2020 | $1.4B | 59.35% |
| FY2019 | $892.1M | 63.63% |
| FY2018 | $545.2M | 23.85% |
| FY2017 | $440.2M | (29.44%) |
| FY2016 | $623.9M | (10.92%) |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Jun 2026 | $439.3M | — |
| Mar 2026 | −$412.5M | — |
| Dec 2025 | $854.0M | (65.45%) |
| Sep 2025 | $2.5B | 234.66% |
| 42 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| DHI D.R. Horton, Inc. | $3.4B |
| PHM PulteGroup, Inc. compare | $1.6B |
| TOL Toll Brothers Inc. compare | $1.2B |
| NVR NVR, Inc. compare | $1.1B |
| LEN Lennar Corporation compare | $937.3M |
| LEN.B Lennar Corporation compare | $937.3M |
| IBP Installed Building Products, Inc. compare | $360.0M |
| SKY Champion Homes, Inc. compare | $301.0M |
| CVCO Cavco Industries, Inc. compare | $286.4M |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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