D.R. Horton (DHI) official guidance
D.R. Horton (DHI) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suiteDHIHORTON D R INC /DE/FY2027 · ends 2027-09-30
7 metrics6 maintainedearnings release · 22h
2026-10-29 16:52:57 UTC$500Mmaintained
Dividend payments of approximately $500 million
DHI · EX-99.1 · Q4 FY2026
2026-10-29 16:51:14 UTCOpen source
2026-10-29 13:52:06 UTC$500Mnew
We expect to generate approximately $3.5 billion of cash flow from operations in fiscal 2027, and we currently plan to repurchase approximately $3 billion of our common stock, in addition to paying dividends of around $500 million.
DHI · transcript · Q4 FY2026
2026-10-29 13:51:00 UTCOpen source
2026-10-29 16:52:57 UTC25.5%maintained
Income tax rate of approximately 25.5%
DHI · EX-99.1 · Q4 FY2026
2026-10-29 16:51:14 UTCOpen source
2026-10-29 13:52:06 UTC25.5%new
We forecast an income tax rate for fiscal 2027 of approximately 25.5%.
DHI · transcript · Q4 FY2026
2026-10-29 13:51:00 UTCOpen source
2026-10-29 16:52:57 UTC79K – 84Kmaintained
Homes closed by homebuilding operations of 79,000 homes to 84,000 homes
DHI · EX-99.1 · Q4 FY2026
2026-10-29 16:51:14 UTCOpen source
2026-10-29 13:52:06 UTC79K – 84Knew
As outlined in our press release this morning, for the full year of fiscal 2027, we currently expect to generate consolidated revenues of approximately $30 billion-$32 billion, and homes closed by our home building operations to be in the range of 79,000 to 84,000 homes.
DHI · transcript · Q4 FY2026
2026-10-29 13:51:00 UTCOpen source
2026-10-29 16:52:57 UTC$3.5Bmaintained
Consolidated cash flow provided by operations of approximately $3.5 billion
DHI · EX-99.1 · Q4 FY2026
2026-10-29 16:51:14 UTCOpen source
2026-10-29 13:52:06 UTC$3.5Bnew
We expect to generate approximately $3.5 billion of cash flow from operations in fiscal 2027, and we currently plan to repurchase approximately $3 billion of our common stock, in addition to paying dividends of around $500 million.
DHI · transcript · Q4 FY2026
2026-10-29 13:51:00 UTCOpen source
2026-10-29 16:52:57 UTC$30B – $32Bmaintained
Consolidated revenues in the range of $30.0 billion to $32.0 billion
DHI · EX-99.1 · Q4 FY2026
2026-10-29 16:51:14 UTCOpen source
2026-10-29 13:52:06 UTC$30B – $32Bnew
As outlined in our press release this morning, for the full year of fiscal 2027, we currently expect to generate consolidated revenues of approximately $30 billion-$32 billion, and homes closed by our home building operations to be in the range of 79,000 to 84,000 homes.
DHI · transcript · Q4 FY2026
2026-10-29 13:51:00 UTCOpen source
2026-10-29 16:52:57 UTCremain elevated
We expect incentives to remain elevated in fiscal 2027, the extent of which will depend on market conditions throughout the year.
DHI · EX-99.1 · Q4 FY2026
2026-10-29 16:51:14 UTCOpen source
2026-10-29 13:52:06 UTCremain elevatednew
We expect continued pressure on our home sales gross margin in the first quarter, reflecting a lower average sales price and higher incentive costs at current mortgage rates, and we expect our incentive levels to remain elevated in fiscal 2027.
DHI · transcript · Q4 FY2026
2026-10-29 13:51:00 UTCOpen source
2026-10-29 16:52:57 UTC$3Bmaintained
Share repurchases of approximately $3.0 billion
DHI · EX-99.1 · Q4 FY2026
2026-10-29 16:51:14 UTCOpen source
2026-10-29 13:52:06 UTC$3Bnew
We expect to generate approximately $3.5 billion of cash flow from operations in fiscal 2027, and we currently plan to repurchase approximately $3 billion of our common stock, in addition to paying dividends of around $500 million.
DHI · transcript · Q4 FY2026
2026-10-29 13:51:00 UTCOpen source
DHIHORTON D R INC /DE/Q1 FY2027 · ends 2026-12-31
5 metrics5 newearnings call · 1d
2026-10-29 13:52:06 UTC25.5%new3 bps vs Q1 FY2026
Finally, we expect our income tax rate for the first quarter to be approximately 25.5%.
DHI · transcript · Q4 FY2026
2026-10-29 13:51:00 UTCOpen source
2026-10-29 13:52:06 UTC18% – 18.5%new
We expect our home sales gross margin for the first quarter to be in the range of 18%-18.5%, and our consolidated pre-tax profit margin to be in the range of 7%-8%.
DHI · transcript · Q4 FY2026
2026-10-29 13:51:00 UTCOpen source
2026-10-29 13:52:06 UTC15.5K – 16.5Knew
For our first fiscal quarter ending December 31st, we currently expect to generate consolidated revenues in the range of $5.9 billion-$6.4 billion, and homes closed by our home building operations to be in the range of 15,500 to 16,500 homes.
DHI · transcript · Q4 FY2026
2026-10-29 13:51:00 UTCOpen source
2026-10-29 13:52:06 UTCflat to slightly up sequentiallynew
In terms of our first quarter guide, it would assume that our stick and brick costs are flat to slightly up, and we continue to expect our lot costs to be flat to slightly up sequentially and continue to be up on a year-over-year basis for the next couple of quarters.
DHI · transcript · Q4 FY2026
2026-10-29 13:51:00 UTCOpen source
2026-10-29 13:52:06 UTC7% – 8%new
We expect our home sales gross margin for the first quarter to be in the range of 18%-18.5%, and our consolidated pre-tax profit margin to be in the range of 7%-8%.
DHI · transcript · Q4 FY2026
2026-10-29 13:51:00 UTCOpen source
DHIHORTON D R INC /DE/FY2027 · ends 2027-09-30
1 metric1 newearnings call · 1d
2026-10-29 13:52:06 UTCat or below its current levelnew
We continue working to improve the capital efficiency and returns of our rental operations and expect our rental inventory balance to remain at or below its current level during fiscal 2027.
DHI · transcript · Q4 FY2026
2026-10-29 13:51:00 UTCOpen source
DHIHORTON D R INC /DE/Q1 FY2027 · ends 2026-12-31
2 metrics2 newearnings call · 1d
2026-10-29 13:52:06 UTC$5.9B – $6.4Bnew-14.3% – -7.1% vs Q1 FY2026
For our first fiscal quarter ending December 31st, we currently expect to generate consolidated revenues in the range of $5.9 billion-$6.4 billion, and homes closed by our home building operations to be in the range of 15,500 to 16,500 homes.
DHI · transcript · Q4 FY2026
2026-10-29 13:51:00 UTCOpen source
2026-10-29 13:52:06 UTCflat to slightly up sequentiallynew
In terms of our first quarter guide, it would assume that our stick and brick costs are flat to slightly up, and we continue to expect our lot costs to be flat to slightly up sequentially and continue to be up on a year-over-year basis for the next couple of quarters.
DHI · transcript · Q4 FY2026
2026-10-29 13:51:00 UTCOpen source
DHIHORTON D R INC /DE/FY2026 · ends 2026-09-30
2 metrics2 maintainedearnings call · 2026-07-22 04:01:29 UTC
2026-07-22 04:01:29 UTC$500Mmaintained
We now forecast an income tax rate for fiscal 2026 of approximately 25%, and still expect operating cash flow of at least $3 billion, common stock repurchases of approximately $2.5 billion, and dividend payments of around $500 million.
DHI · transcript · Q3 FY2026
2026-07-22 04:00:00 UTCOpen source
2026-07-21 15:55:35 UTC$500Mmaintained
Dividend payments of approximately $500 million
DHI · EX-99.1 · Q3 FY2026
2026-07-21 15:54:47 UTCOpen source
2026-04-22 04:01:14 UTC$500Mmaintained
We continue to forecast an income tax rate for fiscal 2026 of approximately 24.5%, operating cash flow of at least $3 billion, common stock repurchases of approximately $2.5 billion, and dividend payments of around $500 million.
DHI · transcript · Q2 FY2026
2026-04-22 04:00:00 UTCOpen source
2026-04-21 16:12:44 UTC$500Mmaintained
•Dividend payments of approximately $500 million
DHI · EX-99.1 · Q2 FY2026
2026-04-21 16:11:57 UTCOpen source
2026-01-21 05:01:25 UTC$500Mmaintained
We continue to forecast an income tax rate for fiscal 2026 of approximately 24.5%, operating cash flow of at least $3 billion, common stock repurchases of approximately $2.5 billion, and dividend payments of around $500 million.
DHI · transcript · Q1 FY2026
2026-01-21 05:00:00 UTCOpen source
2026-01-20 16:31:26 UTC$500Mmaintained
•Dividend payments of approximately $500 million
DHI · EX-99.1 · Q1 FY2026
2026-01-20 16:30:52 UTCOpen source
2025-10-29 04:01:24 UTC$500Mmaintained
We currently plan to purchase approximately $2.5 billion of our common stock during fiscal 2026, in addition to paying dividends of around $500 million.
DHI · transcript · Q4 FY2025
2025-10-29 04:00:00 UTCOpen source
2025-10-28 15:28:37 UTC$500Mnew
Dividend payments of approximately $500 million
DHI · EX-99.1 · Q4 FY2025
2025-10-28 15:28:03 UTCOpen source
2026-07-22 04:01:29 UTC25%maintained139 bps vs FY2025
We now forecast an income tax rate for fiscal 2026 of approximately 25%, and still expect operating cash flow of at least $3 billion, common stock repurchases of approximately $2.5 billion, and dividend payments of around $500 million.
DHI · transcript · Q3 FY2026
2026-07-22 04:00:00 UTCOpen source
2026-07-21 15:55:35 UTC25%raised +2.0%139 bps vs FY2025
Income tax rate of approximately 25.0%
DHI · EX-99.1 · Q3 FY2026
2026-07-21 15:54:47 UTCOpen source
2026-04-22 04:01:14 UTC24.5%maintained89 bps vs FY2025
We continue to forecast an income tax rate for fiscal 2026 of approximately 24.5%, operating cash flow of at least $3 billion, common stock repurchases of approximately $2.5 billion, and dividend payments of around $500 million.
DHI · transcript · Q2 FY2026
2026-04-22 04:00:00 UTCOpen source
2026-04-21 16:12:44 UTC24.5%maintained89 bps vs FY2025
•Income tax rate of approximately 24.5%
DHI · EX-99.1 · Q2 FY2026
2026-04-21 16:11:57 UTCOpen source
2026-01-21 05:01:25 UTC24.5%maintained89 bps vs FY2025
We continue to forecast an income tax rate for fiscal 2026 of approximately 24.5%, operating cash flow of at least $3 billion, common stock repurchases of approximately $2.5 billion, and dividend payments of around $500 million.
DHI · transcript · Q1 FY2026
2026-01-21 05:00:00 UTCOpen source
2026-01-20 16:31:26 UTC24.5%maintained89 bps vs FY2025
•Income tax rate of approximately 24.5%
DHI · EX-99.1 · Q1 FY2026
2026-01-20 16:30:52 UTCOpen source
2025-10-29 04:01:24 UTC24.5%maintained
We forecast an income tax rate for fiscal 2026 of approximately 24.5%.
DHI · transcript · Q4 FY2025
2025-10-29 04:00:00 UTCOpen source
2025-10-28 15:28:37 UTC24.5%new
Income tax rate of approximately 24.5%
DHI · EX-99.1 · Q4 FY2025
2025-10-28 15:28:03 UTCOpen source
DHIHORTON D R INC /DE/Q4 FY2026 · ends 2026-09-30
1 metric1 newearnings call · 2026-07-22 04:01:29 UTC
2026-07-22 04:01:29 UTC20.5% – 21%new
We expect our home sales gross margin for the fourth quarter to be in the range of 20.5%-21%, and our consolidated pre-tax profit margin to be between 12.3% and 12.8%.
DHI · transcript · Q3 FY2026
2026-07-22 04:00:00 UTCOpen source
DHIHORTON D R INC /DE/FY2026 · ends 2026-09-30
1 metric1 maintainedearnings call · 2026-07-22 04:01:29 UTC
2026-07-22 04:01:29 UTC83.8K – 84.3Kmaintained
For the full year of fiscal 2026, we now expect consolidated revenues of approximately $32.5 billion-$33 billion, and homes closed by our homebuilding operations of 83,800-84,300 homes.
DHI · transcript · Q3 FY2026
2026-07-22 04:00:00 UTCOpen source
2026-07-21 15:55:35 UTC83.8K – 84.3Klowered -3.1%
Homes closed by homebuilding operations of 83,800 homes to 84,300 homes
DHI · EX-99.1 · Q3 FY2026
2026-07-21 15:54:47 UTCOpen source
2026-04-22 04:01:14 UTC86K – 87.5Kmaintained
For the full year of fiscal 2026, we now expect consolidated revenues of approximately $33.5 billion-$34.5 billion and homes closed by our home building operations of 86,000-87,500 homes.
DHI · transcript · Q2 FY2026
2026-04-22 04:00:00 UTCOpen source
2026-04-21 16:12:44 UTC86K – 87.5Klowered -0.3%
•Homes closed by homebuilding operations of 86,000 homes to 87,500 homes
DHI · EX-99.1 · Q2 FY2026
2026-04-21 16:11:57 UTCOpen source
2026-01-21 05:01:25 UTC86K – 88Kmaintained
For the full year of fiscal 2026, we still expect to generate consolidated revenues of approximately $33.5 billion-$35 billion, and homes closed by our home building operations to be in the range of 86,000 homes-88,000 homes.
DHI · transcript · Q1 FY2026
2026-01-21 05:00:00 UTCOpen source
2026-01-20 16:31:26 UTC86K – 88Kmaintained
•Homes closed by homebuilding operations of 86,000 homes to 88,000 homes
DHI · EX-99.1 · Q1 FY2026
2026-01-20 16:30:52 UTCOpen source
2025-10-29 04:01:24 UTC86K – 88Kmaintained
As outlined in our press release this morning, for the full year of fiscal 2026, we currently expect to generate consolidated revenues of approximately $33.5 billion-$35 billion, and homes closed by our homebuilding operations to be in the range of 86,000-88,000 homes.
DHI · transcript · Q4 FY2025
2025-10-29 04:00:00 UTCOpen source
2025-10-28 15:28:37 UTC86K – 88Knew
Homes closed by homebuilding operations of 86,000 homes to 88,000 homes
DHI · EX-99.1 · Q4 FY2025
2025-10-28 15:28:03 UTCOpen source
DHIHORTON D R INC /DE/Q4 FY2026 · ends 2026-09-30
1 metric1 newearnings call · 2026-07-22 04:01:29 UTC
2026-07-22 04:01:29 UTC22.5K – 23Knew
Looking ahead to the fourth quarter, we currently expect consolidated revenues to be in the range of $8.8 billion-$9.3 billion, with homes closed by our homebuilding operations to be in the range of 22,500-23,000 homes.
DHI · transcript · Q3 FY2026
2026-07-22 04:00:00 UTCOpen source