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D.R. Horton, Inc.

D.R. Horton, Inc.

NYSE•DHI
CEO: Mr. David V. Auld
セクター: Consumer Cyclical
業種: Residential Construction
上場日: 1992-06-05
D.R. Horton, Inc. operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 125 markets across 36 states under the names of D.R. Horton. The company constructs and sells single-family detached homes; and attached homes, such as townhomes, duplexes, and triplexes. It provides mortgage financing services; and title insurance policies, and examination and closing services, as well as engages in the residential lot development business. In addition, the company develops, constructs, owns, leases, and sells multi-family and single-family rental properties; and owns non-residential real estate, including ranch land and improvements. It primarily serves homebuyers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas.
連絡先情報
1341 Horton Circle, Arlington, TX, 76011, United States
817-390-8200
www.drhorton.com
時価総額
$48.41B
PER (TTM)
14.6
15.9
配当利回り
1.0%
52週高値
$184.55
52週安値
$110.44
52週レンジ
75%
順位26Top 13.0%
5.5
F-Score
改良版 Piotroski 分析
10年ファンダメンタル
堅調 • 5.5 / 9 ポイント
スコアレンジ (0-9)
8-9: 価値が優れている
6-7: 基礎体質が強い
4-5: 全体的に堅調
0-3: パフォーマンスが弱い
データ期間: 2016-2025

財務ダッシュボード

Q1 2026 データ

売上高

$6.89B-9.54%
直近4四半期の推移

EPS

$2.03-22.81%
直近4四半期の推移

フリーCF

$826.60M+30.50%
直近4四半期の推移

2026 Q1 決算ハイライト

主なハイライト

Consolidated Revenue Decline Consolidated revenues fell 10% to $6.89B USD compared to $7.61B USD last year, driven by home sales contraction.
Homebuilding Margins Squeezed Home sales gross margin dropped 230 basis points to 20.4% due to higher costs and increased sales incentives usage.
Strong Operating Cash Flow Operating cash flow increased significantly to $854.0M USD, up from $646.7M USD prior period, supporting liquidity.
Financial Services Profit Growth Financial services pre-tax income grew 19% to $58.0M USD, driven by mortgage operations revenue increase and better expense control.

リスク要因

Home Sales Volume Down Homes closed decreased 7% to 17,818 units, reflecting ongoing affordability constraints and cautious consumer sentiment impacting demand.
Inventory Cost Pressure Home sales gross profit margin compressed as average cost of homes closed increased more than the average selling price.
Rental Revenue Halved Rental segment revenues dropped 50% to $109.5M USD due to a significant decrease in multi-family unit closings this quarter.
Forestar Lot Sales Slowed Forestar lots sold decreased 17% to 1,944 units, while pre-tax income slightly declined to $20.8M USD.

見通し

Incentives Remain Elevated Expect incentive levels to stay elevated through fiscal 2026, depending on market conditions and future changes in mortgage interest rates.
Prioritize Finished Lot Supply Continue prioritizing purchase of finished lots from Forestar and other developers to maximize returns and capital efficiency.
Strong Liquidity Maintained Strong balance sheet and liquidity provide flexibility to operate effectively through changing economic conditions and fund growth.
SK Builders Acquisition Closed Acquired SK Builders for $80.0M cash in October 2025, adding 160 homes in inventory and 110 units in backlog.

同業比較

売上高 (TTM)

Ford Motor CompanyF
$187.27B
+1.2%
JD.com, Inc.JD
$180.81B
+16.6%
Lennar CorporationLEN
$34.13B
-3.8%

粗利益率 (最新四半期)

Trip.com Group LimitedTCOM
81.7%
-0.7pp
eBay Inc.EBAY
70.9%
-0.9pp
Copart, Inc.CPRT
46.5%
+1.8pp

主要指標

銘柄コード
時価総額
PER (TTM)
ROE (TTM)
負債比率
ROST$64.46B30.736.8%33.7%
F$55.37B-6.9-18.9%58.0%
CMG$50.09B32.447.0%109.5%

長期トレンド

直近4四半期
売上高
純利益
営業キャッシュフロー
4四半期売上高CAGR
-3.8%
横ばい
4四半期純利益CAGR
-9.8%
収益性の低下
キャッシュフロー安定性
75%
キャッシュフローの変動が大きい

深度リサーチ

次回決算:2026年4月15日
|
EPS:-
|
売上高:-
財務レポート
財務データ
ニュース
全年度

  • Form 10-Q - Q1 2026

    会計期末: 2025年12月31日|提出日: 2026年1月22日|
    売上高: $6.89B-9.5%
    |
    EPS: $2.03-22.8%
    予想を上回る

  • Form 10-K - FY 2025

    会計期末: 2025年9月30日|提出日: 2025年11月19日|
    売上高: $34.25B-6.9%
    |
    EPS: $11.62-19.5%
    予想を上回る

  • Form 10-Q - Q3 2025

    会計期末: 2025年6月30日|提出日: 2025年7月23日|
    売上高: $9.23B-7.4%
    |
    EPS: $3.37-18.2%
    予想を上回る

  • Form 10-Q - Q2 2025

    会計期末: 2025年3月31日|提出日: 2025年4月23日|
    売上高: $7.73B-15.1%
    |
    EPS: $2.59-26.8%
    予想を下回る

  • Form 10-Q - Q1 2025

    会計期末: 2024年12月31日|提出日: 2025年1月23日|
    売上高: $7.61B-1.5%
    |
    EPS: $2.63-7.4%
    予想を上回る

  • Form 10-K - FY 2024

    会計期末: 2024年9月30日|提出日: 2024年11月19日|
    売上高: $36.80B+3.8%
    |
    EPS: $14.44+3.7%
    予想通り

  • Form 10-Q - Q3 2024

    会計期末: 2024年6月30日|提出日: 2024年7月23日|
    売上高: $9.97B+2.5%
    |
    EPS: $4.12+4.8%
    予想を上回る

  • Form 10-Q - Q2 2024

    会計期末: 2024年3月31日|提出日: 2024年4月23日|
    売上高: $9.11B+14.2%
    |
    EPS: $3.54+28.7%
    予想を上回る