D.R. Horton, Inc. · NYSE:DHI
D.R. Horton — Q1 2018 Earnings Presentation
7 slides from D.R. Horton's earnings presentation, Apr 4, 2018
Slide 1: Supplementary Data Q1 FY 2018
Supplementary Data 1 | Q1 FY 2018 1
Slide 2: Homebuilding Return on Inventory (ROI) Q1 2018
HOMEBUILDING RETURN ON INVENTORY (ROI) Q1 2018 Quarter Ended: 12/31/15 03/31/16 06/30/16 09/30/16 12/31/16 03/31/17 06/30/17 09/30/17 12/31/17 Homebuilding Pre‐Tax Income $ 228.9 $ 282.0 $ 348.5 $ 405.0 $ 293.9 $ 322.4 $ 415.2 $ 457.8 $ 373.8 Ending Homebuilding Inventory 8,088.2 8,216.6 8,504.2 8,3
Slide 3: Home Sales Gross Margin Q1 2018
HOME SALES GROSS MARGIN Q1 2018 Quarter Ended: Fiscal Year Ended: 12/31/15 03/31/16 06/30/16 09/30/16 12/31/16 03/31/17 06/30/17 09/30/17 12/31/17 09/30/16 09/30/17 Home Sales Revenues $ 2,340.9 $ 2,686.0 $ 3,118.7 $ 3,637.5 $ 2,797.7 $ 3,158.1 $ 3,662.3 $ 4,035.1 $ 3,184.5 $ 11,783.1 $ 13,653.2 Hom
Slide 4: Sales & Active Selling Communities Q1 2018
SALES & ACTIVE SELLING COMMUNITIES Q1 2018 CHANGE IN NET SALES ORDERS COMPARED TO CHANGE IN AVERAGE ACTIVE SELLING COMMUNITIES (ASCs) Quarter Ended 3/31/17 Quarter Ended 6/30/2017 Quarter Ended 9/30/2017 Quarter Ended 12/31/2017 YOY Change SEQ Change YOY Change SEQ Change YOY Change SEQ Change YOY C
Slide 5: Price Stratification Q1 2018
P R I C E S T R AT I F I C AT I O N Q1 2018 Homes Closed and Home Sales Revenues Quarter Ended: March 31, 2017 June 30, 2017 September 30, 2017 December 31, 2017 Selling Price Homes Closed Home Sales Revenues Homes Closed Home Sales Revenues Homes Closed Home Sales Revenues Homes Closed Home Sales R
Slide 6: Brand Stratification
B R A N D S T R AT I F I C AT I O N Q1 2018 Quarter Ended Quarter Ended Quarter Ended Quarter Ended March 31, 2017 June 30, 2017 September 30, 2017 December 31, 2017 Net Home Net Home Net Home Net Home Homes Homes Sales Closings Homes Homes Sales Closings Homes Homes Sales Closings Homes Homes Sales
Slide 7: Select DHI Mortgage Data Q1 2018
S E L E C T D H I M O R TG A G E DATA Q1 2018 A B C Loan Type / Product Mix Capture Avg Avg FICO Conven‐ FHA/VA% Period Rate FTHB % CLTV % Score tional % Jumbo % FHA % VA % Combined USDA % Total Q1 18 56% 43% 88% 719 52% 1% 26% 18% 44% 3% 100% FY 17 56% 45% 88% 720 49% 1% 28% 19% 47% 3% 100% Q4 17 5