D.r. Horton, Inc. · NYSE:DHI
D.r. Horton — Q4 2016 Earnings Presentation
7 slides from D.r. Horton's earnings presentation, November 2016
Slide 1: Supplementary Data Q4 FY 2016
Supplementary Data Q4 FY 2016
Slide 2: Homebuilding Return on Inventory (ROI)
Homebuilding Return on Inventory (ROI) Quarter Ended: 09/30/14 12/31/14 03/31/15 06/30/15 09/30/15 12/31/15 03/31/16 06/30/16 09/30/16 Homebuilding Pre‐Tax Income $ 237.2 $ 205.5 $ 208.7 $ 302.1 $ 302.0 $ 228.9 $ 282.0 $ 348.5 $ 405.0 Ending Inventory 7,700.5 7,989.3 8,136.9 8,111.2 7,807.0 8,088.2
Slide 3: Home Sales Gross Margin
Home Sales Gross Margin Quarter Ended: Fiscal Year Ended: 12/31/14 03/31/15 06/30/15 09/30/15 12/31/15 03/31/16 06/30/16 09/30/16 09/30/15 09/30/16 Home Sales Revenues $ 2,240.7 $ 2,318.8 $ 2,857.9 $ 3,052.1 $ 2,340.9 $ 2,686.0 $ 3,118.7 $ 3,637.5 $ 10,469.4 $ 11,783.1 Homes Sales Gross Profit befor
Slide 4: Sales & Active Selling Communities
Sales & Active Selling Communities CHANGE IN NET SALES ORDERS COMPARED TO CHANGE IN AVERAGE ACTIVE SELLING COMMUNITIES (ASCs) Quarter Ended 12/31/2015 Quarter Ended 3/31/2016 Quarter Ended 6/30/2016 Quarter Ended 9/30/2016 YOY Change SEQ Change YOY Change SEQ Change YOY Change SEQ Change YOY Change
Slide 5: Price Stratification
Price Stratification Homes Closed and Home Sales Revenues Quarter Ended: Fiscal Year Ended December 31, 2015 March 31, 2016 June 30, 2016 September 30, 2016 September 30, 2016 Home Sales Home Sales Home Sales Home Sales Home Sales Selling Price Homes Closed Revenues Homes Closed Revenues Homes Close
Slide 6: Brand Stratification
Brand Stratification Quarter Ended Quarter Ended Quarter Ended Quarter Ended Fiscal Year Ended December 31, 2015 March 31, 2016 June 30, 2016 September 30, 2016 September 30, 2016 Net Home Net Home Net Home Net Home Net Home Homes Homes Sales Closings Homes Homes Sales Closings Homes Homes Sales Clo
Slide 7: Select DHI Mortgage Data
Select DHI Mortgage Data 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 16 55% 45% 89% 716 46% 2% 31% 18% 49% 3% 100% Q4 16 57% 45% 89% 718 47% 2% 30% 18% 48% 3% 100% Q3 16 56% 45% 89% 716 46% 1%