Company Dossier · Consumer Discretionary
D. R. Horton
- S&P 500
- Russell 1000
What D. R. Horton is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.
Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →
The latest read
Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.
- Revenue over the four quarters to June 30, 2026: $33.4 billion, down 3.6% from a year earlier.SEC EDGAR filings (XBRL)
- Free cash flow (operating cash flow minus capital expenditure) over the four quarters to June 30, 2026: $3.20 billion, up 15% from a year earlier.SEC EDGAR filings (XBRL)
- Capital expenditure over the four quarters to June 30, 2026: $0.15 billion, up 15% from a year earlier.SEC EDGAR filings (XBRL)
- Share buybacks in the fiscal year to September 30, 2025: $4.30 billion.SEC EDGAR filings (10-K)
- Latest earnings call or results release (July 21, 2026): sentiment 0.20 on a −1 to +1 scale (mixed), confidence 0.60 of 1.Palanor Discourse
- Latest annual report (filed November 19, 2025): 1 risk factor added, 0 removed.Risk Factor Changes (10-K Item 1A)
- Insiders were net sellers in Q1 2026: $0.0 million on the open market.SEC Form 4
- 1,243 institutional managers reported a position at June 30, 2026 (+91 on the quarter before).SEC Form 13F
Company Posture
How Company Posture is measured →What D. R. Horton is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.
Steady · Hedging
Expanding ↔ Retrenching
Steady
- Capital spending78th pct
- Debt raised—
- Buybacks vs capex28th pct
- Hiring filings49th pct
- Deals and private raises48th pct
- Patent publications52nd pct
- + Capital spending
- − Buybacks vs capex
- − Deals and private raises
Confident ↔ Hedging
Hedging
- Call sentiment45th pct
- Call confidence36th pct
- Guidance changes12th pct
- Risk factors added23rd pct
- Insider open-market trades—
- − Guidance changes
- − Risk factors added
- − Call confidence
Pressure
Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).
- Fails-to-deliver8th pct
- Stress filings50th pct
Credit
How these are built →D. R. Horton's borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.
Bonds priced, last 12 months
None
U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.
| Priced | Amount | Coupon | Matures | Spread | Yield |
|---|---|---|---|---|---|
| Apr 28, 2025 | $500M | 4.850% | 2030 (5y) | +103bp | 4.863% |
| Feb 19, 2025 | $700M | 5.500% | 2035 (11y) | +97bp | 5.503% |
| Aug 7, 2024 | $700M | 5.000% | 2034 (10y) | +115bp | 5.125% |
From the pricing term sheets D. R. Horton filed with the SEC. Spread is to the benchmark Treasury (or Bund, Gilt) at pricing.
Charts
Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.
Cash flow
Capital returned and raised
What the company says
Filings and records
The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.
- May 12, 20268-KMaterial agreement signedItem 1.01
- Mar 31, 20268-KMaterial agreement signedItem 1.01
- Jan 16, 20268-KShareholder vote resultsItem 5.07
- Nov 19, 202510-KAnnual report (10-K)1 risk factors added, 0 removed
- May 9, 20258-KMaterial agreement signedItem 1.01
- May 5, 20258-KMaterial agreement signedItem 1.01
- Feb 26, 20258-KMaterial agreement signedItem 1.01
- Jan 17, 20258-KShareholder vote resultsItem 5.07
- Dec 23, 20248-KMaterial agreement signedItem 1.01
- Nov 19, 202410-KAnnual report (10-K)0 risk factors added, 0 removed
- Nov 1, 20248-KMaterial agreement signedItem 1.01
- Nov 17, 202310-KAnnual report (10-K)0 risk factors added, 0 removed
Peers
Companies in the same industry in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.
| Company | Revenue | Free cash flow | Through |
|---|---|---|---|
| Lennar LEN | $32.0B | $0.7B | Aug 31, 2026 |
| PulteGroup PHM | $16.4B | $1.5B | Jun 30, 2026 |
| Toll Brothers TOL | $10.8B | $1.1B | Jul 31, 2026 |
| NVR, Inc. NVR | $9.5B | $1.1B | Jun 30, 2026 |
| Millrose Properties MRP | $0.8B | — | Jun 30, 2026 |
| Penske Automotive Group PAG | $32.2B | $0.6B | Jun 30, 2026 |
| Coupang CPNG | $35.5B | $0.1B | Jun 30, 2026 |
| Lithia Motors LAD | $37.9B | −$0.5B | Jun 30, 2026 |