← HORTON D R INC /DE/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $1.3b | $1.0b | $1.5b | $1.5b | $3.0b | $3.2b | $2.5b | $3.9b | $4.5b | $3.0b | |
| Cash and cash equivalents | $1.3b | $1.0b | $1.5b | $1.5b | $3.0b | $3.2b | $2.5b | $3.9b | $4.5b | $3.0b | |
| Total cash, cash equivalents and restricted cash | — | — | $1.5b | $1.5b | $3.0b | $3.2b | $2.6b | $3.9b | $4.5b | $3.0b | |
| Total inventory | $8.3b | $9.2b | $10.4b | $11.3b | $12.2b | $16.5b | $21.7b | $22.4b | $24.9b | $25.3b | |
| Property, Plant and Equipment, Net | $195.4m | $325.0m | $401.1m | $462.2m | $683.7m | $392.9m | $471.6m | $445.4m | $531.0m | $578.9m | |
| Goodwill | $80.0m | $80.0m | $109.2m | $163.5m | $163.5m | $163.5m | $163.5m | $163.5m | $163.5m | $163.5m | |
| Operating Lease, Right-of-Use Asset | — | — | — | — | $34.7m | $35.6m | $46.6m | $46.6m | $51.4m | $63.0m | |
| Other assets | $499.6m | $573.1m | $701.9m | $943.3m | $1.1b | $1.6b | $3.0b | $3.0b | $3.3b | $3.8b | |
| Construction in progress and finished homes | $4.0b | $4.6b | $5.1b | $5.2b | $6.0b | $7.7b | $9.8b | $9.0b | $8.9b | $7.6b | |
| Deferred income taxes, net of valuation allowance of $14.6 million and $14.9 million at September 30, 2025 and 2024, respectively | — | — | — | $163.1m | $144.9m | $155.3m | $141.1m | $187.2m | $167.5m | $44.5m | |
| Land held for development | $137.8m | $101.0m | $96.1m | $77.8m | $53.2m | $110.9m | $110.8m | $50.0m | $160.6m | $218.3m | |
| Land held for sale | $33.2m | $10.4m | $40.2m | $19.8m | $28.3m | $25.4m | $29.4m | $8.7m | $12.7m | $21.4m | |
| Mortgage loans held for sale | $654.0m | $587.3m | $796.4m | $1.1b | $1.5b | $2.0b | $2.4b | $2.5b | $2.5b | $2.6b | |
| Notes payable | $3.3b | $2.9b | $3.2b | $3.4b | $4.3b | $5.4b | $6.1b | $5.1b | $5.9b | $6.0b | |
| Rental properties | — | — | — | — | $0 | $821.8m | $2.5b | $2.7b | $2.9b | $2.7b | |
| Residential land and lots — developed and under development | $4.1b | $4.5b | $5.2b | $5.9b | $6.2b | $7.8b | $9.2b | $10.6b | $12.9b | $14.7b | |
| Restricted cash | $9.5m | $16.5m | $32.9m | $19.7m | $21.6m | $26.8m | $32.4m | $26.5m | $27.6m | $47.9m | |
| Total equity | $6.8b | $7.7b | $9.2b | $10.3b | $12.1b | $15.2b | $19.8b | $23.1b | $25.8b | $24.7b | |
| Assets | $11.6b | $12.2b | $14.1b | $15.6b | $18.9b | $24.0b | $30.4b | $32.6b | $36.1b | $35.5b | |
| Total assets | $11.6b | $12.2b | $14.1b | $15.6b | $18.9b | $24.0b | $30.4b | $32.6b | $36.1b | $35.5b | |
| LIABILITIES AND EQUITY | |||||||||||
| Accounts payable | $537.0m | $575.6m | $624.7m | $634.0m | $900.5m | $1.2b | $1.4b | $1.2b | $1.3b | $1.2b | |
| Accrued expenses and other liabilities | $917.1m | $933.1m | $1.1b | $1.3b | $1.6b | $2.2b | $3.1b | $3.1b | $3.0b | $3.5b | |
| Liabilities | $4.8b | $4.4b | $5.0b | $5.3b | $6.8b | $8.8b | $10.6b | $9.4b | $10.3b | $10.7b | |
| Total liabilities | $4.8b | $4.4b | $5.0b | $5.3b | $6.8b | $8.8b | $10.6b | $9.4b | $10.3b | $10.7b | |
| Stockholders’ equity: | |||||||||||
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $0 | — | — | — | — | — | — | — | — | — | |
| Additional Paid in Capital, Common Stock | $2.9b | $3.0b | $3.1b | $3.2b | $3.2b | $3.3b | $3.3b | $3.4b | $3.5b | $3.6b | |
| Additional paid-in capital | $2.9b | $3.0b | $3.1b | $3.2b | $3.2b | $3.3b | $3.3b | $3.4b | $3.5b | $3.6b | |
| Common Stock, Value, Issued | $3.8m | $3.8m | $3.9m | $3.9m | $3.9m | $4.0m | $4.0m | $4.0m | $4.0m | $4.0m | |
| Common stock, $.01 par value, 1,000,000,000 shares authorized, 404,031,443 shares issued and 294,475,153 shares outstanding at September 30, 2025 and 402,848,342 shares issued and 324,027,360 shares outstanding at September 30, 2024 | 3.8m | 3.8m | 3.9m | 3.9m | 3.9m | 4.0m | 4.0m | 4.0m | 4.0m | 4.0m | |
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Retained Earnings (Accumulated Deficit) | $4.1b | $4.9b | $6.2b | $7.6b | $9.8b | $13.6b | $19.2b | $23.6b | $28.0b | $31.0b | |
| Treasury stock, 109,556,290 shares and 78,820,982 shares at September 30, 2025 and 2024, respectively, at cost | ($134.3m) | ($194.9m) | ($322.4m) | ($802.2m) | ($1.2b) | ($2.0b) | ($3.1b) | ($4.3b) | ($6.1b) | ($10.4b) | |
| Stockholders' Equity Attributable to Parent | $6.8b | $7.7b | $9.0b | $10.0b | $11.8b | $14.9b | $19.4b | $22.7b | $25.3b | $24.2b | |
| Noncontrolling interests | $500k | $500k | $174.5m | $274.2m | $281.5m | $329.7m | $389.3m | $441.7m | $511.6m | $551.8m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $500k | $500k | $174.5m | $274.2m | $281.5m | $329.7m | $389.3m | $441.7m | $511.6m | $551.8m | |
| Liabilities and Equity | $11.6b | $12.2b | $14.1b | $15.6b | $18.9b | $24.0b | $30.4b | $32.6b | $36.1b | $35.5b | |
| Total liabilities and equity | $11.6b | $12.2b | $14.1b | $15.6b | $18.9b | $24.0b | $30.4b | $32.6b | $36.1b | $35.5b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.