D.R. Horton said net income attributable to D.R. Horton for the Q1 quarter (3 months) on December 31, 2024 was $844.9 million, down 11% from $947.4 million a year earlier, and diluted earnings per share were $2.61. Consolidated revenues in the same quarter were $7.6 billion.

1. 01

   D.R. Horton said net income attributable to D.R. Horton for the Q1 quarter (3 months) on December 31, 2024 was $844.9 million, down 11% from $947.4 million a year earlier, and diluted earnings per share were $2.61. Consolidated revenues in the same quarter were $7.6 billion.

2. 02

   The company said homebuilding pre-tax income for Q1 fell 8% to $1.0 billion, with a pre-tax profit margin of 14.1%. Net sales orders for December 31, 2024 were 11,003 homes, valued at $4.3 billion, down 21% respectively.

3. 03

   The company said net cash provided by operating activities was $646.7 million for the 3 months ended December 31, 2024. Its consolidated cash balance as of that date was $3.0 billion, and available capacity on its credit facilities was $3.5 billion, for total liquidity of $6.5 billion. Debt totaled $5.1 billion.

4. 04

   The company said it repurchased 6.8 million shares of common stock for $1.1 billion in Q1 and paid cash dividends of $128.5 million. It updated its full-year share repurchase outlook to $2.6 billion to $2.8 billion and reiterated its full-year consolidated revenue outlook of approximately $36.0 billion to $37.5 billion.

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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

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