D.r. Horton, Inc. · NYSE:DHI
D.r. Horton — Q1 2020 Earnings Presentation
8 slides from D.r. Horton's earnings presentation, 2020
Slide 1: Supplementary Data Q1 2020
SUPPLEMENTARY DATA D-RHORTON Jwnericas Builder Qi 2020 “ace
Slide 2: Homebuilding Return on Inventory (ROI)
HOMEBUILDING RETURN ON INVENTORY (ROI) Q1 2020 Quarter Ended: 12/31/17 03/31/18 06/30/18 09/30/18 12/31/18 03/31/19 06/30/19 09/30/19 12/31/19 Homebuilding Pre-Tax Income $ 373.8 $ 416.0 $ 589.7 $ 577.7 $ 354.3 $ 400.4 $ 561.8 $ 594.2 $ 461.6 Ending Homebuilding Inventory 9,675.7 9,839.6 9,910.3 9,8
Slide 3: Return on Equity (ROE)
RETURN ON EQUITY (ROE) Q1 2020 Quarter Ended: 12/31/17 03/31/18 06/30/18 09/30/18 12/31/18 03/31/19 06/30/19 09/30/19 12/31/19 Net Income Attributable to D.R. Horton $ 189.3 $ 351.0 $ 453.8 $ 466.1 $ 287.2 $ 351.3 $ 474.8 $ 505.3 $ 431.3 Ending Stockholders' Equity 7,882.0 8,198.9 8,597.3 8,984.4 9,
Slide 4: Home Sales Gross Margin
HOME SALES GROSS MARGIN Q1 2020 Quarter Ended: Fiscal Year Ended: 12/31/17 03/31/18 06/30/18 09/30/18 12/31/18 03/31/19 06/30/19 09/30/19 12/31/19 09/30/18 09/30/19 Home Sales Revenues $ 3,184.5 $ 3,672.1 $ 4,265.5 $ 4,379.9 $ 3,410.6 $ 3,980.5 $ 4,734.6 $ 4,799.2 $ 3,863.3 $ 15,502.0 $ 16,925.0 Hom
Slide 5: Sales & Active Selling Communities
SALES & ACTIVE SELLING COMMUNITIES Q1 2020 CHANGE IN NET SALES ORDERS COMPARED TO CHANGE IN AVERAGE ACTIVE SELLING COMMUNITIES (ASCs) Quarter Ended 3/31/2019 Quarter Ended 6/30/2019 Quarter Ended 9/30/2019 Quarter Ended 12/31/2019 YOY Change SEQ Change YOY Change SEQ Change YOY Change SEQ Change YOY
Slide 6: Price Stratification
PRICE STRATIFICATION Q1 2020 Homes Closed and Home Sales Revenues Quarter Ended: March 31, 2019 June 30, 2019 September 30, 2019 December 31, 2019 Home Sales Home Sales Home Sales Home Sales Selling Price Homes Closed Revenues Homes Closed Revenues Homes Closed Revenues Homes Closed Revenues $0-$200
Slide 7: Brand Stratification
BRAND STRATIFICATION Q1 2020 Quarter Ended Quarter Ended Quarter Ended Quarter Ended March 31, 2019 June 30, 2019 September 30, 2019 December 31, 2019 Net Home Net Home Net Home Net Home Homes Homes Sales Closings Homes Homes Sales Closings Homes Homes Sales Closings Homes Homes Sales Closings Sold
Slide 8: Select DHI Mortgage Data
SELECT DHI MORTGAGE DATA Q1 2020 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 20 65% 50% 89% 720 48% 0% 30% 19% 49% 3% 100% FY 19 58% 51% 88% 720 52% 1% 27% 19% 46% 1% 100% Q4 19 63% 50% 89% 72