secwatch.observer — SEC 8-K summary
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Issuer:     HORTON D R INC /DE/ (DHI)
CIK:        0000882184
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0000882184-25-000044
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882184/000088218425000044/0000882184-25-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882184/000088218425000044/dhi-20251028.htm
  HTML page:      https://secwatch.observer/filing/0000882184-25-000044

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