DHI Q2 2023 Earnings — D.R. Horton, Inc. Revenue & Financial Results | Market Cap Arena

DHID.R. Horton, Inc.

$43B

Q2 2023 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$8.0B-0.3% YoY

Gross Profit

$2.0B24.8% margin

Operating Income

$1.2B15.5% margin

Net Income

$942M11.8% margin

EPS (Diluted)

$2.73

QoQ Revenue Growth

+9.9%

Cash Flow

Operating Cash Flow

$645M

Free Cash Flow

$613M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$31.2B

Total Liabilities

$10.0B

Stockholders' Equity

$20.7B

Cash & Equivalents

$3.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.0B	$8.0B	-0.3%
Gross Profit	$2.0B	$2.6B	-23.1%
Operating Income	$1.2B	$1.9B	-35.0%
Net Income	$942M	$1.4B	-34.4%

Revenue Segments

Homebuilding

$7.5B91%

Forestar Group

$302M4%

Rental

$224M3%

Financial Services

$216M3%

Geographic Segments

Southeast

$2.1B28%

South Central

$1.8B24%

East

$1.2B16%

Southwest

$921M12%

North

$739M10%

Northwest

$691M9%