D. R. Horton Income Statement
DHI / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
D. R. Horton reported $34.3B in revenue and $3.6B in net income for FY2025. Revenue has grown at a 17.3% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.3B | $36.8B | $27.8B | $20.3B | $17.6B | $16.1B | $14.1B | $12.2B | $14.1B | $12.2B | $6.3B | $8.0B | $3.6B | $4.4B | $3.7B |
| Cost of Revenue | $26.1B | $27.3B | $19.9B | $15.4B | $13.7B | $12.4B | $11.0B | $9.5B | $11.0B | $9.5B | - | - | - | - | - |
| SG&A Expense | $3.7B | $3.6B | $2.6B | $2.0B | $1.8B | $1.7B | $1.5B | $1.3B | $1.5B | $1.3B | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | $0 | $0 | $0 | - | - | $7.1M | $0 | -$51.9M | - | - |
| Income Tax | $1.1B | $1.5B | $1.2B | $602.5M | $506.7M | $597.7M | $563.7M | $467.2M | $563.7M | $467.2M | $195.1M | $280.7M | -$59.7M | -$145.6M | -$7.0M |
| 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 |
| EPS (Basic) | $11.62 | $16.65 | $11.56 | $6.49 | $4.34 | $3.88 | $2.77 | $2.39 | $2.05 | $1.57 | $1.44 | $3.01 | $0.23 | $0.77 | -$1.73 |
| EPS (Diluted) | $11.57 | $16.51 | $11.41 | $6.41 | $4.29 | $3.81 | $2.74 | $2.36 | $2.03 | $1.50 | $1.33 | $2.77 | $0.23 | $0.77 | -$1.73 |
| Shares Outstanding | 294.5M | 334.8M | 344.0M | 356.0M | 364.0M | 368.4M | 376.3M | 375.0M | 372.9M | 368.6M | 364.6M | 322.9M | 320.9M | 316.0M | 316.7M |
| Profit Margin | 10.5% | 12.9% | 15.0% | 11.7% | 9.2% | 9.1% | 7.4% | 7.3% | 7.4% | 7.3% | 7.4% | 6.7% | 2.0% | 5.6% | -15.0% |