D.R. Horton, Inc. · NYSE:DHI
D.R. Horton — Q4 2019 Earnings Presentation
8 slides from D.R. Horton's earnings presentation, 2019
Slide 1: Supplementary Data Q4 2019
SUPPLEMENTARY DATA D-RHORION Jlmericas Builder Q4 2019
Slide 2: Homebuilding Return on Inventory (ROI)
HOMEBUILDING RETURN ON INVENTORY (ROI) Q4 2019 Quarter Ended: 09/30/17 12/31/17 03/31/18 06/30/18 09/30/18 12/31/18 03/31/19 06/30/19 09/30/19 Homebuilding Pre-Tax Income $ 457.8 $ 373.8 $ 416.0 $ 589.7 $ 577.7 $ 354.3 $ 400.4 $ 561.8 $ 594.2 Ending Homebuilding Inventory 9,237.1 9,675.7 9,839.6 9,9
Slide 3: Return on Equity (ROE)
RETURN ON EQUITY (ROE) Q4 2019 Quarter Ended: 09/30/17 12/31/17 03/31/18 06/30/18 09/30/18 12/31/18 03/31/19 06/30/19 09/30/19 Net Income Attributable to D.R. Horton $ 313.2 $ 189.3 $ 351.0 $ 453.8 $ 466.1 $ 287.2 $ 351.3 $ 474.8 $ 505.3 Ending Stockholders' Equity 7,747.1 7,882.0 8,198.9 8,597.3 8,
Slide 4: Home Sales Gross Margin
HOME SALES GROSS MARGIN Q4 2019 Quarter Ended: Fiscal Year Ended: 09/30/17 12/31/17 03/31/18 06/30/18 09/30/18 12/31/18 03/31/19 06/30/19 09/30/19 09/30/18 09/30/19 Home Sales Revenues $ 4,035.1 $ 3,184.5 $ 3,672.1 $ 4,265.5 $ 4,379.9 $ 3,410.6 $ 3,980.5 $ 4,734.6 $ 4,799.2 $ 15,502.0 $ 16,925.0 Hom
Slide 5: Sales & Active Selling Communities
SALES & ACTIVE SELLING COMMUNITIES Q4 2019 CHANGE IN NET SALES ORDERS COMPARED TO CHANGE IN AVERAGE ACTIVE SELLING COMMUNITIES (ASCs) Quarter Ended 12/31/2018 Quarter Ended 3/31/2019 Quarter Ended 6/30/2019 Quarter Ended 9/30/2019 YOY Change SEQ Change YOY Change SEQ Change YOY Change SEQ Change YOY
Slide 6: Price Stratification
PRICE STRATIFICATION Q4 2019 Homes Closed and Home Sales Revenues Quarter Ended: Fiscal Year Ended December 31, 2018 March 31, 2019 June 30, 2019 September 30, 2019 September 30, 2019 Home Sales Home Sales Home Sales Home Sales Home Sales Selling Price Homes Closed Revenues Homes Closed Revenues Hom
Slide 7: Brand Stratification
BRAND STRATIFICATION Q4 2019 Quarter Ended Quarter Ended Quarter Ended Quarter Ended Fiscal Year Ended December 31, 2018 March 31, 2019 June 30, 2019 September 30, 2019 September 30, 2019 Net Home Net Home Net Home Net Home Net Home Homes Homes Sales Closings Homes Homes Sales Closings Homes Homes S
Slide 8: Select DHI Mortgage Data
SELECT DHI MORTGAGE DATA Q4 2019 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 FY 19 58% 51% 88% 720 52% 1% 27% 19% 46% 1% 100% Q4 19 63% 50% 89% 720 50% 0% 28% 20% 48% 2% 100% Q3 19 58% 51% 88% 72