DHI Q2 2024 Earnings — D.R. Horton, Inc. Revenue & Financial Results | Market Cap Arena

DHID.R. Horton, Inc.

$43B

Q2 2024 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$9.1B+14.2% YoY

Gross Profit

$2.3B25.6% margin

Operating Income

$1.5B16.4% margin

Net Income

$1.2B12.9% margin

EPS (Diluted)

$3.52

QoQ Revenue Growth

+17.9%

Cash Flow

Operating Cash Flow

-$317M

Free Cash Flow

-$340M

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$34.4B

Total Liabilities

$10.1B

Stockholders' Equity

$23.8B

Cash & Equivalents

$3.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.1B	$8.0B	+14.2%
Gross Profit	$2.3B	$2.0B	+18.0%
Operating Income	$1.5B	$1.2B	+20.4%
Net Income	$1.2B	$942M	+24.4%

Revenue Segments

Homebuilding

$8.5B90%

Rental

$371M4%

Forestar Group

$334M4%

Financial Services

$226M2%

Geographic Segments

Southeast

$2.2B26%

South Central

$2.0B23%

East

$1.4B17%

Southwest

$1.3B15%

North

$859M10%

Northwest

$742M9%