AI English summary of an SEC filing — figures as filed
The company said diluted earnings per share for fiscal 2024, which ended September 30, 2024, rose 4% to $14.34, net income was $4.8 billion, and consolidated revenues rose 4% to $36.8 billion. The full-year pre-tax profit margin was 17.1%.
Key points
AI summaryThe company said diluted earnings per share for fiscal 2024, which ended September 30, 2024, rose 4% to $14.34, net income was $4.8 billion, and consolidated revenues rose 4% to $36.8 billion. The full-year pre-tax profit margin was 17.1%.
D.R. Horton said diluted earnings per share for fiscal 2024 in Q4 were $3.92, below $4.45 a year earlier, and consolidated revenues fell 5% to $10.0 billion. It said net income for Q4 was $1.3 billion, compared with $1.5 billion a year earlier.
The company said operating cash flow for fiscal 2024 was $2.2 billion, total liquidity as of September 30, 2024 was $7.6 billion, and the debt-to-total-capital ratio was 18.9%. For the year, it repurchased 12.5 million shares for $1.8 billion.
D.R. Horton gave initial fiscal 2025 guidance of consolidated revenues of about $36.0 billion to $37.5 billion, homes closed of 90,000 to 92,000, and share repurchases of about $2.4 billion. The company also declared a quarterly dividend of $0.40 per share, an increase of 33%.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Full-Year Results: EPS $14.34, Net Income $4.8 billion
The company said diluted earnings per share for fiscal 2024, which ended September 30, 2024, rose 4% to $14.34, net income was $4.8 billion, and consolidated revenues rose 4% to $36.8 billion. The full-year pre-tax profit margin was 17.1%.
Source · Based on the filing body and exhibits
Q4 Results: EPS and Revenue Decline
D.R. Horton said diluted earnings per share for fiscal 2024 in Q4 were $3.92, below $4.45 a year earlier, and consolidated revenues fell 5% to $10.0 billion. It said net income for Q4 was $1.3 billion, compared with $1.5 billion a year earlier.
Source · Based on the filing body and exhibits
Cash Flow, Liquidity and Capital Returns
The company said operating cash flow for fiscal 2024 was $2.2 billion, total liquidity as of September 30, 2024 was $7.6 billion, and the debt-to-total-capital ratio was 18.9%. For the year, it repurchased 12.5 million shares for $1.8 billion.
Source · Based on the filing body and exhibits
Initial Fiscal 2025 Guidance
D.R. Horton gave initial fiscal 2025 guidance of consolidated revenues of about $36.0 billion to $37.5 billion, homes closed of 90,000 to 92,000, and share repurchases of about $2.4 billion. The company also declared a quarterly dividend of $0.40 per share, an increase of 33%.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…