DHI Q1 2023 Earnings — D.R. Horton, Inc. Revenue & Financial Results | Market Cap Arena

DHID.R. Horton, Inc.

$43B

Q1 2023 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$7.3B+2.9% YoY

Gross Profit

$2.0B27.1% margin

Operating Income

$1.2B17.2% margin

Net Income

$959M13.2% margin

EPS (Diluted)

$2.76

QoQ Revenue Growth

-24.7%

Cash Flow

Operating Cash Flow

$829M

Free Cash Flow

$782M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$30.3B

Total Liabilities

$9.7B

Stockholders' Equity

$20.2B

Cash & Equivalents

$2.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.3B	$7.1B	+2.9%
Gross Profit	$2.0B	$2.1B	-8.4%
Operating Income	$1.2B	$1.5B	-16.5%
Net Income	$959M	$1.1B	-16.0%

Revenue Segments

Homebuilding

$6.7B91%

Rental

$328M4%

Forestar Group

$217M3%

Financial Services

$137M2%

Geographic Segments

Southeast

$2.0B30%

South Central

$1.6B24%

East

$1.1B17%

Southwest

$803M12%

North

$638M9%

Northwest

$520M8%