earnings
confidence high
sentiment neutral
materiality 0.70
D.R. Horton Q1 net income down 30% to $594.8M; revenues $6.9B; declares $0.45 dividend
HORTON D R INC /DE/
2026-Q1 EPS
reported $2.03
vs consensus $2.18
▼ miss
(-6.7%)
- Net income $594.8M ($2.03 diluted EPS), down 30% YoY; pre-tax profit margin 11.6%.
- Home sales revenues $6.5B on 17,818 homes closed (-7% YoY); net orders +3% to 18,300 homes.
- Cash from ops $854M; debt/total capital 18.8%; repurchased 4.4M shares for $669.7M.
- Declared quarterly dividend $0.45/share, payable Feb 12 to holders of record Feb 5.
- Reiterated FY2026 guidance: revenues $33.5-35.0B, homes closed 86k-88k, share repurchases ~$2.5B.