Discounted Cash Flow
Horton D R Inc. /De/
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $12.2b | $886.3m | $531.9m | 7.3% | $2.39 |
| 2017 | $14.1b (15.9%) | $1.0b (17.2%) | $277.8m (-47.8%) | 7.4% (1.1%) | $2.77 (15.9%) |
| 2018 | $16.1b (14.0%) | $1.5b (40.6%) | $477.1m (71.7%) | 9.1% (23.3%) | $3.88 (40.1%) |
| 2019 | $17.6b (9.5%) | $1.6b (10.8%) | $764.9m (60.3%) | 9.2% (1.2%) | $4.34 (11.9%) |
| 2020 | $20.3b (15.5%) | $2.4b (46.7%) | $1.3b (73.2%) | 11.7% (27.0%) | $6.49 (49.5%) |
| 2021 | $27.8b (36.7%) | $4.2b (75.9%) | $440.9m (-66.7%) | 15.0% (28.6%) | $11.56 (78.1%) |
| 2022 | $33.5b (20.5%) | $5.9b (40.3%) | $413.6m (-6.2%) | 17.5% (16.4%) | $16.65 (44.0%) |
| 2023 | $35.5b (5.9%) | $4.7b (-19.0%) | $4.2b (904.7%) | 13.4% (-23.5%) | $13.93 (-16.3%) |
| 2024 | $36.8b (3.8%) | $4.8b (0.2%) | $2.0b (-51.3%) | 12.9% (-3.4%) | $14.44 (3.7%) |
| 2025 | $34.3b (-6.9%) | $3.6b (-24.6%) | $3.3b (62.2%) | 10.5% (-19.0%) | $11.62 (-19.5%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.