D. R. Horton Cash Flow Statement
DHI / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
D. R. Horton generated $3.4B in operating cash flow and $3.3B in free cash flow in FY2025. Free cash flow margin was 9.6% of revenue.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $3.6B | $4.8B | $4.2B | $2.4B | $1.6B | $1.5B | $1.0B | $886.3M | $1.0B | $886.3M | $462.7M | $533.5M | $71.8M | $245.1M | -$549.8M |
| Depreciation & Amortization | $101.3M | $87.1M | $82.1M | $90.6M | $72.0M | $62.4M | $54.7M | $61.0M | $54.7M | $61.0M | $22.7M | $38.4M | $19.9M | $18.4M | $25.7M |
| Operating Cash Flow | $3.4B | $2.2B | $534.4M | $1.4B | $892.1M | $545.2M | $440.2M | $623.9M | $440.2M | $623.9M | -$1.2B | -$661.4M | $18.9M | $709.4M | $1.1B |
| Capital Expenditures | $137.4M | $165.3M | $93.5M | $96.5M | $127.2M | $68.1M | $102.7M | $78.1M | $102.7M | $78.1M | $58.0M | $100.2M | $16.3M | $19.2M | $6.2M |
| Free Cash Flow | $3.3B | $2.0B | $440.9M | $1.3B | $764.9M | $477.1M | $337.5M | $545.8M | $337.5M | $545.8M | -$1.3B | -$761.6M | $2.6M | $690.2M | $1.1B |
| Share Buybacks | $4.3B | $1.4B | $1.2B | $1.1B | $874.0M | $127.5M | $60.6M | $60.6M | $60.6M | $0 | - | - | $38.6M | $0 | $38.6M |
| Dividends Paid | $494.8M | $395.2M | $289.3M | $256.0M | $223.4M | $188.4M | $149.6M | $118.7M | $149.6M | $118.7M | $60.2M | $48.6M | $47.8M | $47.7M | $47.5M |
| FCF Margin | 9.6% | 5.5% | 1.6% | 6.5% | 4.3% | 3.0% | 2.4% | 4.5% | 2.4% | 4.5% | -20.6% | -9.5% | 0.1% | 15.7% | 31.0% |