AI English summary of an SEC filing — figures as filed
D.R. Horton DHIThe company said net income attributable to D.R. Horton for fiscal 2025 Q3 (ended June 30) was $1.0 billion ($3.36 per diluted share), down 24% from $1.4 billion ($4.10 per share) a year earlier. Consolidated revenues were $9.2 billion, down 7%.
Key points
AI summaryThe company said net income attributable to D.R. Horton for fiscal 2025 Q3 (ended June 30) was $1.0 billion ($3.36 per diluted share), down 24% from $1.4 billion ($4.10 per share) a year earlier. Consolidated revenues were $9.2 billion, down 7%.
The company reported Q3 homes closed of 23,160 (compared with 24,155 a year earlier) and net sales orders of 23,071 (compared with 23,001 a year earlier, with an order value of $8.4 billion). As of June 30, backlog stood at 14,075 homes valued at $5.3 billion, down 16% and 19%, respectively, from June 30.
The company said net cash provided by operating activities was $949.1 million for the nine months ended June 30, 2025, and that it had a total of $5.5 billion in liquidity, consisting of $2.6 billion in cash as of June 30 and $2.9 billion of available capacity on its credit facilities. Debt stood at $7.2 billion, and the debt to total capital ratio was 23.2%.
The company repurchased 9.7 million shares of common stock for $1.2 billion on Q3 and paid cash dividends of $122.4 million. It also declared a quarterly dividend of $0.40 per share. For the full year, the company provided guidance for consolidated revenues of $33.7 billion to $34.2 billion and homes closed of 85,000 to 85,500 homes.
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.
Net Income and Revenue Fall in Fiscal 2025 Q3
The company said net income attributable to D.R. Horton for fiscal 2025 Q3 (ended June 30) was $1.0 billion ($3.36 per diluted share), down 24% from $1.4 billion ($4.10 per share) a year earlier. Consolidated revenues were $9.2 billion, down 7%.
Source · Based on the filing body and exhibits
Home Sales, Orders and Backlog
The company reported Q3 homes closed of 23,160 (compared with 24,155 a year earlier) and net sales orders of 23,071 (compared with 23,001 a year earlier, with an order value of $8.4 billion). As of June 30, backlog stood at 14,075 homes valued at $5.3 billion, down 16% and 19%, respectively, from June 30.
Source · Based on the filing body and exhibits
9-Month Operating Cash Flow, Liquidity and Debt
The company said net cash provided by operating activities was $949.1 million for the nine months ended June 30, 2025, and that it had a total of $5.5 billion in liquidity, consisting of $2.6 billion in cash as of June 30 and $2.9 billion of available capacity on its credit facilities. Debt stood at $7.2 billion, and the debt to total capital ratio was 23.2%.
Source · Based on the filing body and exhibits
Share Repurchases, Dividends and Full-Year Outlook
The company repurchased 9.7 million shares of common stock for $1.2 billion on Q3 and paid cash dividends of $122.4 million. It also declared a quarterly dividend of $0.40 per share. For the full year, the company provided guidance for consolidated revenues of $33.7 billion to $34.2 billion and homes closed of 85,000 to 85,500 homes.
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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