DHI Q4 2023 Earnings — D.R. Horton, Inc. Revenue & Financial Results | Market Cap Arena

DHID.R. Horton, Inc.

$43B

Q4 2023 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$10.5B+9.0% YoY

Gross Profit

$2.8B26.9% margin

Operating Income

$2.0B18.9% margin

Net Income

$1.5B14.4% margin

EPS (Diluted)

$4.45

QoQ Revenue Growth

+8.0%

Cash Flow

Operating Cash Flow

$2.0B

Free Cash Flow

$2.0B

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$32.6B

Total Liabilities

$9.4B

Stockholders' Equity

$22.7B

Cash & Equivalents

$3.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10.5B	$9.6B	+9.0%
Gross Profit	$2.8B	$2.9B	-1.9%
Operating Income	$2.0B	$2.1B	-5.2%
Net Income	$1.5B	$1.6B	-7.5%

Revenue Segments

Homebuilding

$8.8B80%

Rental

$1.4B13%

Forestar Group

$550M5%

Financial Services

$220M2%

Geographic Segments

Southeast

$2.3B26%

South Central

$2.0B23%

East

$1.5B17%

Southwest

$1.4B16%

North

$888M10%

Northwest

$710M8%