DHI Q1 2024 Earnings — D.R. Horton, Inc. Revenue & Financial Results | Market Cap Arena

DHID.R. Horton, Inc.

$43B

Q1 2024 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$7.7B+6.5% YoY

Gross Profit

$2.0B26.0% margin

Operating Income

$1.2B15.5% margin

Net Income

$947M12.3% margin

EPS (Diluted)

$2.82

QoQ Revenue Growth

-26.4%

Cash Flow

Operating Cash Flow

-$153M

Free Cash Flow

-$201M

Stock-Based Comp.

$41M

Balance Sheet

Total Assets

$33.4B

Total Liabilities

$9.8B

Stockholders' Equity

$23.2B

Cash & Equivalents

$3.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.7B	$7.3B	+6.5%
Gross Profit	$2.0B	$2.0B	+2.0%
Operating Income	$1.2B	$1.2B	-4.1%
Net Income	$947M	$959M	-1.2%

Revenue Segments

Homebuilding

$7.3B91%

Forestar Group

$306M4%

Rental

$195M2%

Financial Services

$193M2%

Geographic Segments

Southeast

$2.0B27%

South Central

$1.7B23%

East

$1.3B17%

Southwest

$1.1B14%

North

$730M10%

Northwest

$578M8%