---
schema_version: "secwatch.filing_event.v1"
accession: "0000882184-24-000009"
form_type: "8-K"
ticker: "DHI"
cik: "0000882184"
company_name: "HORTON D R INC /DE/"
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:23:32.041263+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# D.R. Horton Q1 EPS $2.82 (+2% YoY), revenue $7.7B (+6%), orders jump 35%

## Summary
- Net income $947.4M ($2.82/diluted share) vs $958.7M ($2.76) in prior year quarter.
- Consolidated revenues up 6% to $7.7B; homes closed up 12% to 19,340 homes.
- Net sales orders surged 35% to 18,069 homes; cancellation rate improved to 19% from 27%.
- Declared quarterly dividend $0.30/share payable Feb 13 to holders of record Feb 6.
- Updated FY2024 guidance: revenue $36.0-37.3B, homes closed 87,000-90,000; reiterates $3B operating cash flow.

## SEC filing metadata
- accession: 0000882184-24-000009
- form_type: 8-K
- ticker: DHI
- cik: 0000882184
- company_name: HORTON D R INC /DE/
- filed_at: 2024-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/882184/000088218424000009/0000882184-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/882184/000088218424000009/dhi-20240123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000882184-24-000009
- JSON: https://secwatch.observer/filing/0000882184-24-000009.json
- Plain text: https://secwatch.observer/filing/0000882184-24-000009.txt

## Key facts
- Earnings Releases
  HORTON D R INC /DE/ reported first quarter ended December 31, 2023 results: revenue $7.7 billion, net income $947.4 million, EPS $2.82 per diluted share.
  - Period: first quarter ended December 31, 2023
  - Revenue: $7.7 billion
  - Net income: $947.4 million
  - EPS: $2.82 per diluted share
  - Result: reported results
  source text: Horton of $947.4 million or $2.82 per diluted share • Consolidated pre-tax income of $1.2 billion, with a pre-tax profit margin of 16.1% • Consolidated revenues increased 6% to $7.7 billion • Homes closed increased 12% to 19,340 homes and 8% in value to $7.3 billion • Net sales orders increased 35% to 18,069 homes and 38% in value to $6.8 billion • Rental operations
  evidence_url: https://www.sec.gov/Archives/edgar/data/882184/000088218424000009/0000882184-24-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.