NYSE$DHI
D.R. Horton Inc · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
Reported a decrease in revenue and net income compared to the same quarter last year, while home sales revenue increased.
D.R. Horton reported Q4 earnings with a decrease in consolidated revenues and net income compared to the same quarter last year. Despite affordability challenges, net sales orders increased slightly. The company is focused on affordable product offerings and expects increasing operating cash flows in fiscal 2025.
- Earnings per diluted share were $3.92 on net income of $1.3 billion.
- Consolidated revenues decreased 5% to $10.0 billion.
- Home sales revenues increased 2% to $9.0 billion on 23,647 homes closed.
- Net sales orders increased 1% to 19,035 homes.
Headline financials
Revenue & EPS history
D.R. Horton · Revenue · Quarterly
$10B
Revenue by segment
D.R. Horton · $896M total across 2 segments · Q3 2023
- Rental Property Sales$667M+508.1%74.5%
- Financial Services$229M-10.1%25.5%
Forward guidance
D.R. Horton provided initial guidance for fiscal year 2025, including consolidated revenues of approximately $36.0 billion to $37.5 billion and homes closed by homebuilding operations of 90,000 homes to 92,000 homes.
Tailwinds
- Consolidated revenues of approximately $36.0 billion to $37.5 billion
- Homes closed by homebuilding operations of 90,000 homes to 92,000 homes
- Income tax rate of approximately 24.5%
- Consolidated cash flow provided by operations greater than fiscal 2024
- Share repurchases of approximately $2.4 billion and dividend payments of approximately $500 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.3%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+2.4%
Avg return
30 days after
43%
30 / 69 earnings
Positive
+15.3%
Q2 2020
Best reaction
-12.9%
Q3 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -0.2% | -1.8% | -11.3% | |
| Q1 2026 | -1.7% | -3.5% | +5.0% | |
| Q4 2025 | -3.2% | -6.2% | -1.3% | |
| Q3 2025 | -1.0% | +1.5% | +7.4% | |
| Q2 2025 | +3.2% | +6.3% | +7.0% | |
| Q1 2025 | -0.5% | -3.2% | -12.8% | |
| Q4 2024 | -6.1% | -7.1% | -6.1% | |
| Q3 2024 | +10.4% | +12.1% | +13.0% | |
| Q2 2024 | -2.4% | +1.6% | +4.0% | |
| Q1 2024 | -11.7% | -10.9% | -8.0% | |
| Q4 2023 | +3.5% | +4.2% | +15.8% | |
| Q3 2023 | -0.2% | +2.5% | -8.2% | |
| Q2 2023 | +4.6% | +6.2% | +8.2% | |
| Q1 2023 | -0.2% | +0.9% | -3.6% | |
| Q4 2022 | +14.6% | +11.2% | +16.5% | |
| Q3 2022 | +5.9% | +2.9% | +1.6% | |
| Q2 2022 | -5.5% | -6.2% | -1.8% | |
| Q1 2022 | -1.4% | -4.6% | -4.5% | |
| Q4 2021 | +2.5% | +5.5% | +15.4% | |
| Q3 2021 | +2.3% | +1.8% | +3.7% | |
| Q2 2021 | +5.3% | +7.8% | -3.0% | |
| Q1 2021 | -5.5% | -2.7% | -5.6% | |
| Q4 2020 | +12.2% | +12.8% | +7.7% | |
| Q3 2020 | +0.0% | -0.6% | +8.9% | |
| Q2 2020 | +15.3% | +10.5% | +32.8% | |
| Q1 2020 | +4.9% | +1.2% | -3.3% | |
| Q4 2019 | +3.2% | +1.6% | +3.2% | |
| Q3 2019 | +4.4% | +6.8% | +12.0% | |
| Q2 2019 | -5.7% | -5.1% | -4.4% | |
| Q1 2019 | -5.0% | -1.9% | +6.6% | |
| Q4 2018 | -8.5% | -7.7% | -3.0% | |
| Q3 2018 | +11.0% | +10.5% | +13.7% | |
| Q2 2018 | +0.4% | -1.5% | -5.1% | |
| Q1 2018 | -0.9% | -7.8% | -13.4% | |
| Q4 2017 | +1.3% | +4.9% | +11.8% | |
| Q3 2017 | -2.5% | -3.5% | -3.3% | |
| Q2 2017 | -3.2% | -3.8% | -0.5% | |
| Q1 2017 | +9.2% | +7.7% | +7.8% | |
| Q4 2016 | -6.2% | -6.9% | +0.4% | |
| Q3 2016 | -1.3% | -1.4% | -7.4% | |
| Q2 2016 | -0.9% | — | — | |
| Q1 2016 | -1.3% | — | — | |
| Q4 2015 | +11.3% | — | — | |
| Q3 2015 | +6.9% | — | — | |
| Q2 2015 | -8.4% | — | — | |
| Q1 2015 | +4.6% | — | — | |
| Q4 2014 | +2.5% | — | — | |
| Q3 2014 | -12.9% | — | — | |
| Q2 2014 | +5.3% | — | — | |
| Q1 2014 | +10.4% | — | — | |
| Q4 2013 | +5.5% | — | — | |
| Q3 2013 | -8.8% | — | — | |
| Q2 2013 | +8.1% | — | — | |
| Q1 2013 | +8.2% | — | — | |
| Q4 2012 | -6.6% | — | — | |
| Q3 2012 | -4.8% | — | — | |
| Q2 2012 | +1.0% | — | — | |
| Q1 2012 | -0.3% | — | — | |
| Q4 2011 | -2.5% | — | — | |
| Q4 2010 | -4.2% | — | — | |
| Q3 2011 | -4.2% | — | — | |
| Q2 2011 | -0.1% | — | — | |
| Q1 2010 | -3.3% | — | — | |
| Q1 2011 | +2.7% | — | — | |
| Q4 2008 | -3.4% | — | — | |
| Q2 2010 | -3.4% | — | — | |
| Q3 2009 | -6.8% | — | — | |
| Q3 2010 | -6.8% | — | — | |
| Q4 2009 | -6.8% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro