DHI Q3 2023 Earnings — D.R. Horton, Inc. Revenue & Financial Results | Market Cap Arena

DHID.R. Horton, Inc.

$43B

Q3 2023 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$9.7B+10.7% YoY

Gross Profit

$2.6B26.6% margin

Operating Income

$1.7B17.8% margin

Net Income

$1.3B13.7% margin

EPS (Diluted)

$3.90

QoQ Revenue Growth

+22.0%

Cash Flow

Operating Cash Flow

$788M

Free Cash Flow

$758M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$32.3B

Total Liabilities

$10.2B

Stockholders' Equity

$21.7B

Cash & Equivalents

$3.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.7B	$8.8B	+10.7%
Gross Profit	$2.6B	$2.9B	-11.2%
Operating Income	$1.7B	$2.2B	-21.8%
Net Income	$1.3B	$1.6B	-19.0%

Revenue Segments

Homebuilding

$8.7B87%

Rental

$667M7%

Forestar Group

$369M4%

Financial Services

$229M2%

Geographic Segments

Southeast

$2.4B27%

South Central

$2.2B25%

East

$1.5B17%

Southwest

$1.1B13%

North

$914M10%

Northwest

$661M8%