D.R. Horton Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 96.59
Dividend & Yield1.00$ (1.10%)
Beta 1.53
Market capitalization 31.86B
Operating cash flow 1.56B
ESG Scores 21.7

Company description

D.R. Horton, Inc. operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 106 markets across 33 states under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, and Freedom Homes. The company constructs and sells single-family detached homes; and attached homes, such as town homes, duplexes, and triplexes. It also provides mortgage financing services; and title insurance policies, and examination and closing services, as well as engages in the residential lot development business. In addition, the company develops, constructs, owns, leases, and sells multi-family and single-family rental properties; owns non-residential real estate, including ranch land and improvements; and owns and operates energy related assets. It primarily serves homebuyers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas.

Sector: Consumer Cyclical - Industry: Residential Construction

Financial data

Financial Statements

Cashflow Statement 2019-09-30 2020-09-30 2021-09-30 2022-09-30
Change To Liabilities 126.2M 566.2M 845.1M 1.04B
Total Cashflows From Investing Activities -394M -166.1M -252.2M -414.9M
Net Borrowings 93.3M 906.9M 1.08B 572.5M
Total Cash From Financing Activities -490.1M 270.6M -85.1M -811.2M
Change To Operating Activities -437.2M -608.4M -939M -1.47B
Issuance Of Stock 143.4M 23.4M 22.7M 33.2M
Net Income 1.62B 2.37B 4.18B 5.86B
Change In Cash 8M 1.53B 197.1M -664.3M
Effect Of Exchange Rate
Total Cash From Operating Activities 892.1M 1.42B 534.4M 561.8M
Depreciation 72M 90.6M 82.1M 81.4M
Change To Account Receivables
Other Cashflows From Financing Activities -3.9M -5.1M 31.1M 93.1M
Change To Netincome 93.5M 63M 129.5M 242.7M
Capital Expenditures -224.1M -286.8M -267.4M -148.2M

Income Statement 2019-09-30 2020-09-30 2021-09-30 2022-09-30
Research Development
Income Before Tax 2.13B 2.98B 5.36B 7.63B
Net Income 1.62B 2.37B 4.18B 5.86B
Selling General Administrative 1.54B 1.68B 2.07B 2.39B
Gross Profit 3.65B 4.62B 7.44B 10.07B
Ebit 2.11B 2.94B 5.38B 7.68B
Operating Income 2.11B 2.94B 5.38B 7.68B
Interest Expense
Income Tax Expense 506.7M 602.5M 1.17B 1.73B
Total Revenue 17.59B 20.31B 27.77B 33.48B
Cost Of Revenue 13.94B 15.69B 20.33B 23.41B
Total Other Income ExpenseNet 14.2M 44.1M -20.4M -54.3M
Net Income From Continuing Ops 1.62B 2.38B 4.19B 5.9B
Net Income Applicable To Common Shares 1.62B 2.37B 4.18B 5.86B

Balance Sheet Statement 2019-09-30 2020-09-30 2021-09-30 2022-09-30
Total Liabilities 5.31B 6.79B 8.8B 10.57B
Total Stockholder Equity 10.02B 11.84B 14.89B 19.4B
Other Current Liabilities 280.7M 352.8M 464.5M 806.1M
Total Assets 15.61B 18.91B 24.02B 30.35B
Common Stock 3.9M 3.9M 4M 4M
Other Current Assets 577M 672.1M 1.1B 2.32B
Retained Earnings 7.64B 9.76B 13.64B 19.19B
Treasury Stock -802.2M -1.16B -2.04B -3.14B
Cash 1.45B 2.96B 3.14B 2.44B
Total Current Liabilities 3.23B 3.35B 4.32B 5.8B
Other Stockholder Equity
Property, Plant, and Equipment 496M 718.4M 425M 513.9M
Total Current Assets 14.7B 17.79B 23.21B 29.42B
Net Tangible Assets 9.86B 11.66B 14.72B 19.22B
Net Receivables 178.7M 224.3M 263.1M 348.8M
Accounts Payable 627M 900.5M 1.18B 1.36B


Insider Transactions

Here are the insider transactions of stock shares related to D.R. Horton Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
ALLEN BARBARA KSale at price 96.77 per share.D2023-01-27Director1.75k
ANDERSON BRADLEY SD2023-01-26Director1.75k
CARSON BENJAMIN S SRD2023-01-26Director1.75k
BUCHANAN MICHAEL RD2023-01-26Director1.75k
MILLER MARIBESS LD2023-01-26Director1.75k
ALLEN BARBARA KD2023-01-26Director1.75k
MILLER MARIBESS LD2023-01-20Director2.67k
MURRAY MICHAEL JOHNStock Gift at price 0.00 per share.D2022-12-29Chief Operating Officer1k
ROMANOWSKI PAUL J.Sale at price 89.68 per share.D2022-12-21Chief Operating Officer30k
ROMANOWSKI PAUL J.Conversion of Exercise of derivative security at price 23.80 per share.D2022-12-21Chief Operating Officer30k
HORTON DONALD RYANStock Gift at price 0.00 per share.D2022-12-20Chairman of the Board1.64k
WHEAT BILL WStock Gift at price 0.00 per share.D2022-12-13Chief Financial Officer29.67k
AULD DAVID VStock Gift at price 0.00 per share.D2022-12-13Chief Executive Officer22.3k
MURRAY MICHAEL JOHNStock Gift at price 86.27 per share.D2022-12-07Chief Operating Officer7.38k
ALLEN BARBARA KSale at price 84.86 per share.D2022-12-05Director470
HORTON DONALD RYAND2022-12-01Chairman of the Board1.43k
BUCHANAN MICHAEL RSale at price 86.48 per share.D2022-12-01Director2k
AULD DAVID VD2022-12-01Chief Executive Officer1.43k
MURRAY MICHAEL JOHND2022-11-25Chief Operating Officer5.93k
ANDERSON BRADLEY SD2022-11-25Director470
BUCHANAN MICHAEL RD2022-11-25Director470
WHEAT BILL WD2022-11-25Chief Financial Officer5.93k
ALLEN BARBARA KD2022-11-25Director470
ODOM ARON MD2022-11-25Officer2k
ROMANOWSKI PAUL J.D2022-11-25Chief Operating Officer4k
ODOM ARON MSale at price 83.64 per share.D2022-11-10Officer1.3k
MILLER MARIBESS LD2022-11-07Director1k
MURRAY MICHAEL JOHND2022-10-26Chief Operating Officer48.75k
HORTON DONALD RYANStock Award(Grant) at price 0.00 per share.D2022-10-26Chairman of the Board48.06k
HORTON DONALD RYAND2022-10-26Chairman of the Board325k
WHEAT BILL WD2022-10-26Chief Financial Officer48.75k
AULD DAVID VStock Award(Grant) at price 0.00 per share.D2022-10-26Chief Executive Officer48.06k
AULD DAVID VD2022-10-26Chief Executive Officer162.5k
BUCHANAN MICHAEL RSale at price 71.50 per share.D2022-09-20Director2.17k
HEWATT MICHAEL WD2022-08-25Director9.93k
HEWATT MICHAEL WSale at price 77.07 per share.D2022-08-02Director4k
ODOM ARON MSale at price 77.72 per share.D2022-07-22Officer5k
HEWATT MICHAEL WSale at price 67.97 per share.D2022-05-25Director1.95k
CARSON BENJAMIN S SRD2022-04-20Director544
HORTON DONALD RYANStock Award(Grant) at price 0.00 per share.D2022-04-19Chairman of the Board45.61k
AULD DAVID VStock Award(Grant) at price 0.00 per share.D2022-04-19Chief Executive Officer45.61k
ALLEN BARBARA KSale at price 82.63 per share.D2022-03-21Director1.12k
MURRAY MICHAEL JOHND2022-03-17Chief Operating Officer2.23k
ANDERSON BRADLEY SD2022-03-17Director203
HORTON DONALD RYAND2022-03-17Chairman of the Board10.7k
BUCHANAN MICHAEL RD2022-03-17Director203
WHEAT BILL WD2022-03-17Chief Financial Officer2.23k
HEWATT MICHAEL WD2022-03-17Director203
MILLER MARIBESS LD2022-03-17Director203
AULD DAVID VD2022-03-17Chief Executive Officer4.28k
ALLEN BARBARA KD2022-03-17Director203

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to D.R. Horton Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on D.R. Horton Inc

Here is the result of two systematic investment strategies applied to D.R. Horton Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on D.R. Horton Inc

The following chart shows the equity curve of the two systematic investment strategies applied to D.R. Horton Inc:

D.R. Horton Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 54.79% on the backtest period.

Performance at glance

Performance

54.79 %

Latent gain

1294.02 $

Invested capital

2361.66 $

Annualized return

13.23 %
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Momentum strategy results on D.R. Horton Inc

This is the result of two momentum investment strategies applied to D.R. Horton Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on D.R. Horton Inc

The following chart shows all the entries opened by the momentum investment system on D.R. Horton Inc:

D.R. Horton Inc momentum entries
  • The first momentum investment strategy would give 81.55% of return on D.R. Horton Inc. That represents 3714.13$ of latent gain with 4554.67$ of employed capital.
  • The second momentum investment strategy would give 75.83% of return on D.R. Horton Inc. That represents 2364.8$ of latent gain with 3118.72$ of employed capital.
Performance at glance (1Q Momentum)

Performance

81.55 %

Latent gain

3714.13 $

Invested capital

4554.67 $

Annualized return

11.21 %
Performance at glance (2Q Momentum)

Performance

75.83 %

Latent gain

2364.8 $

Invested capital

3118.72 $

Annualized return

20.72 %

Momentum equity curve on D.R. Horton Inc

The following chart shows the equity curve of the two momentum strategies applied to D.R. Horton Inc:

D.R. Horton Inc momentum equity

Note: the dividends potentially given by D.R. Horton Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on D.R. Horton Inc

The following chart shows the employed capital evolution of the two momentum strategies on D.R. Horton Inc since the beginning:

D.R. Horton Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on D.R. Horton Inc

Buy the dip entry openings on D.R. Horton Inc

D.R. Horton Inc

The performance achieved by the robo-advisor on D.R. Horton Inc is 24.0%. That represents 320.04$ of latent gain with 1333.72$ of employed capital. The following chart shows D.R. Horton Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of D.R. Horton Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

24.0 %

Latent gain

320.04 $

Invested capital

1333.72 $

Annualized return

11.21 %

Equity curve of the strategy applied to D.R. Horton Inc

The following chart shows the result of the investment strategy applied to D.R. Horton Inc:

D.R. Horton Inc

Note: the dividends potentially given by D.R. Horton Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on D.R. Horton Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on D.R. Horton Inc:

D.R. Horton Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on D.R. Horton Inc

In this section, I will compare the three previous investment strategies applied to D.R. Horton Inc.

Equity curve comparison on D.R. Horton Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

D.R. Horton Inc investment strategy comparison

Employed capital comparison on D.R. Horton Inc

D.R. Horton Inc investment comparison

Performance comparison on D.R. Horton Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 54.79% 1294.02$ 2361.66$ 13.23%
Momentum 1 quarter 81.55% 3714.13$ 4554.67$ 20.91%
Momentum 2 quarters 75.83% 2364.8$ 3118.72$ 20.72%
Non-directional 24.0% 320.04$ 1333.72$ 11.21%
Annualized return comparison

Automatic investment

13.23 %

Momentum 1Q

20.72 %

Momentum 2Q

20.72 %

Non-directional

11.21 %

Correlated stocks

Here are the most positively and negatively correlated stocks with D.R. Horton Inc:

Note: The algorithm computes the probability of correlation between D.R. Horton Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of D.R. Horton Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name D.R. Horton Inc
Country United States
City Arlington
Address 1341 Horton Circle
Phone 817 390 8200
Website www.drhorton.com
FullTime employees 13237
Industry Residential Construction
Sector Consumer Cyclical
Exchange XNYS
Ticker DHI
Market www.nyse.com

D.R. Horton Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 9.4
Peer Environment Performance 7.1466666666667
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 6.7
Peer Social Performance 6.2966666666667
Social Percentile unknown
Highest Controversy 2
Peer Highest Controversy Performance 1.6666666666667
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy: Operations IncidentsCustomer Incidents


Governance scores

Governance ESG Factors Scores
Governance Score 5.7
Peer Governance Performance 4.9188888888889
Governance Percentile unknown

ESG at glance
Total ESG Scores: 21.7
Environment Score: 9.4
Social Score: 6.7
Governance Score: 5.7

ESG Performance: AVG_PERF

Peer Group: Homebuilders

Peer Esg Score Performance: 18.356666666667

Rating Year: 2023

Rating Month: 1

Max Age: 86400

Percentile: 32