AI English summary of an SEC filing — figures as filed
D.R. Horton DHID.R. Horton said net income attributable to the company for fiscal 2025 Q2 (ended March 31) fell to $810.4 million, and diluted earnings per share fell to $2.58, compared with $3.52 in the year-earlier period, a decrease of 27%.
Key points
AI summaryD.R. Horton said net income attributable to the company for fiscal 2025 Q2 (ended March 31) fell to $810.4 million, and diluted earnings per share fell to $2.58, compared with $3.52 in the year-earlier period, a decrease of 27%.
The company said consolidated revenues for Q2 decreased 15% to $7.7 billion, and that homes closed fell to 19,276 and sales orders to 22,437 (valued at $8.4 billion), each down 15%.
The company said net cash provided by operating activities for the 6 months ended March 31 was $210.5 million. As of March 31, it had cash of $2.5 billion, available credit facility capacity of $3.3 billion, total liquidity of $5.8 billion, debt of $6.5 billion, and a debt to total capital ratio of 21.1%.
The company said it repurchased 9.7 million shares of common stock for $1.3 billion and paid cash dividends of $125.5 million in Q2. It added that in April 2025, its board authorized repurchases of up to $5.0 billion of common stock, replacing the prior authorization.
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.
Fiscal 2025 Q2 Net Income and Diluted EPS Fall
D.R. Horton said net income attributable to the company for fiscal 2025 Q2 (ended March 31) fell to $810.4 million, and diluted earnings per share fell to $2.58, compared with $3.52 in the year-earlier period, a decrease of 27%.
Source · Based on the filing body and exhibits
Q2 Consolidated Revenue, Homes Delivered and Net Orders Decline
The company said consolidated revenues for Q2 decreased 15% to $7.7 billion, and that homes closed fell to 19,276 and sales orders to 22,437 (valued at $8.4 billion), each down 15%.
Source · Based on the filing body and exhibits
6-Month Operating Cash Flow, March 31 Liquidity and Debt
The company said net cash provided by operating activities for the 6 months ended March 31 was $210.5 million. As of March 31, it had cash of $2.5 billion, available credit facility capacity of $3.3 billion, total liquidity of $5.8 billion, debt of $6.5 billion, and a debt to total capital ratio of 21.1%.
Source · Based on the filing body and exhibits
Q2 Share Repurchases and Dividends; New Buyback Authorization
The company said it repurchased 9.7 million shares of common stock for $1.3 billion and paid cash dividends of $125.5 million in Q2. It added that in April 2025, its board authorized repurchases of up to $5.0 billion of common stock, replacing the prior authorization.
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.
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