AI English summary of an SEC filing — figures as filed
D.R. Horton DHID.R. Horton said net income attributable to the company decreased 24% to $1.0 billion for the quarter ended June 30, 2025, compared to $1.4 billion in the prior year period, and diluted net income per common share decreased 18% to $3.36 compared to $4.10.
Key points
AI summaryD.R. Horton said net income attributable to the company decreased 24% to $1.0 billion for the quarter ended June 30, 2025, compared to $1.4 billion in the prior year period, and diluted net income per common share decreased 18% to $3.36 compared to $4.10.
The company said homes closed in the quarter decreased 4% to 23,160 homes, the value of net sales orders decreased 3% to $8.4 billion, and home sales gross margin declined to 21.8%. It added that it increased sales incentives including buydowns of mortgage rates for homebuyers.
D.R. Horton said net cash provided by operating activities for the 9 months ended June 30, 2025 was $949.1 million, compared to $228.2 million in the prior year period, and that it used net $2.7 billion in financing activities, with $3.6 billion used to repurchase shares of common stock.
The company said debt to total capital as of June 30, 2025 was 23.2%, compared to 18.9% as of September 30, 2024, net debt to total capital was 16.2% compared to 5.2%, and homebuilding debt was $3.7 billion compared to $2.9 billion.
Key figures
Quarter ended June 30, 2025
- Revenue
- $9.2B
- Net income
- $1.0B
- EPS
- $3.36
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Net Income and Diluted Earnings Per Share for Quarter Ended June 30, 2025
D.R. Horton said net income attributable to the company decreased 24% to $1.0 billion for the quarter ended June 30, 2025, compared to $1.4 billion in the prior year period, and diluted net income per common share decreased 18% to $3.36 compared to $4.10.
Source · Based on the MD&A text of the filing
Quarterly Homes Closed, Net Sales Orders and Home Sales Gross Margin
The company said homes closed in the quarter decreased 4% to 23,160 homes, the value of net sales orders decreased 3% to $8.4 billion, and home sales gross margin declined to 21.8%. It added that it increased sales incentives including buydowns of mortgage rates for homebuyers.
Source · Based on the MD&A text of the filing
Operating Cash Flow and Financing Cash Flow for 9 Months
D.R. Horton said net cash provided by operating activities for the 9 months ended June 30, 2025 was $949.1 million, compared to $228.2 million in the prior year period, and that it used net $2.7 billion in financing activities, with $3.6 billion used to repurchase shares of common stock.
Source · Based on the MD&A text of the filing
Debt to Total Capital as of June 30, 2025
The company said debt to total capital as of June 30, 2025 was 23.2%, compared to 18.9% as of September 30, 2024, net debt to total capital was 16.2% compared to 5.2%, and homebuilding debt was $3.7 billion compared to $2.9 billion.
Source · Based on the MD&A text of the filing
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…