---
schema_version: "secwatch.filing_event.v1"
accession: "0000882184-25-000044"
form_type: "8-K"
ticker: "DHI"
cik: "0000882184"
company_name: "HORTON D R INC /DE/"
filed_at: "2025-10-28T23:59:59+00:00"
generated_at: "2026-05-17T02:05:43.576926+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# D.R. Horton Q4 EPS $3.04 (-22% YoY); dividend raised 13% to $0.45

## Summary
- Q4 net income $905.3M ($3.04 diluted EPS), down 29% YoY; consolidated revenue $9.7B.
- FY2025 net income $3.6B ($11.57 EPS), down 25% YoY; total revenue $34.3B; home closings 84,863 (-5%).
- FY2026 guidance: consolidated revenue $33.5-35.0B, home closings 86k-88k; cash from ops >=$3.0B.
- Quarterly dividend increased 13% to $0.45/share, payable Nov 20, 2025; repurchased 30.7M shares for $4.3B in FY2025.
- Homebuilding pre-tax margin 11.7% in Q4 (down from prior year); rental ops pre-tax income $80.5M on $805.4M revenue.

## SEC filing metadata
- accession: 0000882184-25-000044
- form_type: 8-K
- ticker: DHI
- cik: 0000882184
- company_name: HORTON D R INC /DE/
- filed_at: 2025-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/882184/000088218425000044/0000882184-25-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/882184/000088218425000044/dhi-20251028.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000882184-25-000044
- JSON: https://secwatch.observer/filing/0000882184-25-000044.json
- Plain text: https://secwatch.observer/filing/0000882184-25-000044.txt

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