D.R. Horton Inc.
D.R. Horton Reports Fiscal 2025 First Quarter Results and Declares Quarterly Dividend
Summary
D.R. Horton, Inc. reported its fiscal 2025 first quarter results, showing a net income of $844.9 million or $2.61 per diluted share, a decrease from $947.4 million or $2.82 per diluted share in the same quarter of the previous fiscal year. Consolidated revenues decreased 1% to $7.6 billion. The company also declared a quarterly cash dividend of $0.40 per common share, payable on February 14, 2025.
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About D.R. Horton Inc.
D.R. Horton Inc. is a prominent name in the real estate and construction industry, specializing in the development and sale of residential homes. As the largest homebuilder in the United States by volume, its primary function is to serve the growing demand for residential housing across diverse markets. The company offers a variety of homes catering to a broad range of consumer segments, from entry-level to luxury options, ensuring widespread coverage in the market. Operating in multiple regions across the U.S., D.R. Horton has a notable impact on both local economies and the broader real estate sector, playing a significant role in shaping housing availability and community development. Known for its efficient construction processes and strategic market positioning, the company supports the housing sector by contributing to inventory levels in response to population growth and urban expansion. Since its founding in 1978, D.R. Horton has maintained a strong presence in the financial markets, providing investors with insights into housing trends and economic health. Its performance often serves as a barometer for industry conditions, given the cyclical nature of real estate and its closely tied relationship with economic indicators such as interest rates and consumer confidence.
Official SEC Documents
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