D.R. Horton Inc.
DHI
Market Cap$39.95B
Close$
Earnings Call Q1 2025
January 21, 2025 - AI Summary
Strong Financial Performance: D.R. Horton reported earnings of $2.61 per diluted share for Q1 fiscal 2025, with consolidated pre-tax income of $1.1 billion on revenues of $7.6 billion. This represented a decrease of 7% in earnings from $2.82 per share in the prior year quarter, indicating a slight slowdown amidst a generally favorable housing market.
Gross Margin Outlook: The gross profit margin on home sales revenue for Q1 was 22.7%, which is expected to decline to approximately 21.5% to 22% in Q2. The drop is attributed to higher incentive costs as the company strives to maintain sales momentum in a competitive landscape where mortgage rates have recently risen.
Sales and Closing Guidance: The company provided guidance for Q2 fiscal 2025, expecting revenues of $7.7 billion to $8.2 billion and home closings in the range of 20,000 to 20,500 homes. For fiscal 2025, the expected range of home closings is maintained at 90,000 to 92,000, indicating confidence in achieving targeted sales despite a challenging market.
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$92.58
27% downside
Current Fair Value
27% downsideOvervalued by 27% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $39.95 Billion |
|---|---|
| Enterprise Value | $42.00 Billion |
| Dividend Yield | $1.6 (1.10427512225903%) |
| Earnings per Share | $14.44 |
| Beta | 1.81 |
| Outstanding Shares | 321,500,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 8.76 |
|---|---|
| PEG | -80.95 |
| Price to Sales | 1.11 |
| Price to Book Ratio | 1.6 |
| Enterprise Value to Revenue | 1.14 |
| Enterprise Value to EBIT | 6.87 |
| Enterprise Value to Net Income | 9 |
| Total Debt to Enterprise | 0.12 |
| Debt to Equity | 0.2 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About D.R. Horton Inc.
7,735 employees
CEO: David Auld D.R. Horton, Inc., America's Builder, has been the largest homebuilder by volume in the United States since 2002. Founded in 1978 in Fort Worth, Texas, D.R. Horton has operations in 88 markets in 29 states across the United States and cl...