D.R. Horton, Inc. · NYSE:DHI
D.R. Horton — Q2 2018 Earnings Presentation
7 slides from D.R. Horton's earnings presentation, Dec 21, 2018
Slide 1: Supplementary Data Q2 FY 2018
Supplementary Data Q2 FY 2018 1
Slide 2: Homebuilding Return on Inventory (ROI) Q2 2018
HOMEBUILDING RETURN ON INVENTORY (ROI) Q2 2018 Quarter Ended: 03/31/16 06/30/16 09/30/16 12/31/16 03/31/17 06/30/17 09/30/17 12/31/17 03/31/18 Homebuilding Pre‐Tax Income $ 282.0 $ 348.5 $ 405.0 $ 293.9 $ 322.4 $ 415.2 $ 457.8 $ 373.8 $ 416.0 Ending Homebuilding Inventory 8,216.6 8,504.2 8,340.9 8,7
Slide 3: Home Sales Gross Margin Q2 2018
HOME SALES GROSS MARGIN Q2 2018 Quarter Ended: Fiscal Year Ended: 03/31/16 06/30/16 09/30/16 12/31/16 03/31/17 06/30/17 09/30/17 12/31/17 03/31/18 09/30/16 09/30/17 Home Sales Revenues $ 2,686.0 $ 3,118.7 $ 3,637.5 $ 2,797.7 $ 3,158.1 $ 3,662.3 $ 4,035.1 $ 3,184.5 $ 3,672.1 $ 11,783.1 $ 13,653.2 Hom
Slide 4: Sales & Active Selling Communities Q2 2018
SALES & ACTIVE SELLING COMMUNITIES Q2 2018 CHANGE IN NET SALES ORDERS COMPARED TO CHANGE IN AVERAGE ACTIVE SELLING COMMUNITIES (ASCs) Quarter Ended 6/30/2017 Quarter Ended 9/30/2017 Quarter Ended 12/31/2017 Quarter Ended 3/31/2018 YOY Change SEQ Change YOY Change SEQ Change YOY Change SEQ Change YOY
Slide 5: Price Stratification Q2 2018
P R I C E S T R AT I F I C AT I O N Q2 2018 Homes Closed and Home Sales Revenues Quarter Ended: June 30, 2017 September 30, 2017 December 31, 2017 March 31, 2018 Home Sales Home Sales Home Sales Home Sales Selling Price Homes Closed Revenues Homes Closed Revenues Homes Closed Revenues Homes Closed R
Slide 6: Brand Stratification
B R A N D S T R AT I F I C AT I O N Q2 2018 Quarter Ended Quarter Ended Quarter Ended Quarter Ended June 30, 2017 September 30, 2017 December 31, 2017 March 31, 2018 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 Q2 2018
S E L E C T D H I M O R TG A G E DATA Q2 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 Q2 18 57% 45% 88% 722 54% 1% 24% 19% 43% 2% 100% Q1 18 56% 43% 88% 719 52% 1% 26% 18% 44% 3% 100% FY 17 5