Business
DR Horton : Q3 FY 2025 Earnings Press Release
DR Horton : Q3 FY 2025 Earnings Press

About this update from D.r. Horton, Inc.
[{"type":"text","content":"\n D.R. HORTON, INC., AMERICA'S BUILDER, REPORTS FISCAL 2025 THIRD QUARTER EARNINGS AND DECLARES QUARTERLY DIVIDEND OF $0.40 PER SHARE\n \n \n \n ARLINGTON, Texas (Business Wire) - July 22, 2025\n \n \n \n Fiscal 2025 Third Quarter Highlights\n \n \n Net income attributable to D.R. Horton of $1.0 billion or $3.36 per diluted share\n \n \n Consolidated pre-tax income of $1.4 billion, with a pre-tax profit margin of 14.7%\n \n \n Consolidated revenues of $9.2 billion\n \n \n Homes sales revenues of $8.6 billion on 23,160 homes closed\n \n \n Net sales orders of 23,071 homes with an order value of $8.4 billion\n \n \n Repurchased 9.7 million shares of common stock for $1.2 billion and paid cash dividends of $122.4 million\n \n \n \n D.R. Horton, Inc. (NYSE:DHI), America's Builder, today reported that net income per diluted share attributable to D.R. Horton for its third fiscal quarter ended June 30, 2025 decreased 18% to $3.36 compared to $4.10 in the same quarter of fiscal 2024. Net income attributable to D.R. Horton in the third quarter of fiscal 2025 decreased 24% to $1.0 billion compared to $1.4 billion in the same quarter of fiscal 2024. For the nine months ended June 30, 2025, net income per diluted share attributable to D.R. Horton decreased 18% to\n \n \n $8.53 compared to $10.43 in the same period of fiscal 2024. Net income attributable to D.R. Horton for the nine months ended June 30, 2025 decreased 23% to $2.7 billion compared to $3.5 billion in the same period of fiscal 2024.\n \n \n \n Consolidated revenues in the third quarter of fiscal 2025 decreased 7% to $9.2 billion compared to $10.0 billion in the same quarter of fiscal 2024. For the nine months ended June 30, 2025, consolidated revenues decreased 8% to $24.6 billion compared to $26.8 billion in the same period of fiscal 2024.\n \n \n \n The Company's return on equity (ROE) was 16.1% for the trailing twelve months ended June 30, 2025, and return on assets (ROA) was 11.1% for the same period. ROE is calculated as net income attributable to D.R. Horton for the trailing twelve months divided by average stockholders' equity, where average stockholders' equity is the sum of ending stockholders' equity balances of the trailing five quarters divided by five. ROA is calculated as net income attributable to D.R. Horton for the trailing twelve months divided by average con...