DHI at a glance
D. R. Horton (DHI, SEC CIK 882184) filed its latest 10-K annual report on November 19, 2025, a 10-Q quarterly report on July 23, 2026, an 8-K current report on September 15, 2026 and Form 4 insider filings as recently as September 10, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended September 30, 2025 (FY2025), D. R. Horton (DHI) reported revenue of $34.3 billion (down 6.9% from FY2024) and net income of $3.6 billion. Diluted EPS was $11.57.
- As of June 30, 2026, 47 institutional investment managers tracked by SignalX reported holding D. R. Horton (DHI) shares worth $18.2 billion in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $34.3B
- −6.9% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 47 funds
- $18.2B · +1 vs prior quarter
- Latest 8-K
- Sep 15, 2026
- Item 8.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Sep 30, 2025
Risk Factors
- Regulatory risk: potential losses from mortgage repurchase obligations and indemnifications under representations to Fannie Mae, Freddie Mac, Ginnie Mae, and one major financial entity (71%, 27% loan sales respectively)
- Macroeconomic risk: elevated mortgage interest rates from Federal Reserve hikes reducing home affordability and requiring pricing incentives, risking profit margins
- Operational risk: supply chain disruptions causing shortages and price increases in lumber, drywall, cement; tariffs on steel, aluminum, lumber increasing construction costs
- Competitive risk: reliance on mortgage loan sales to GSEs (Fannie Mae, Freddie Mac); changes or reductions in their programs could limit loan sales and tighten financing availability
- Financial risk: $2.305B homebuilding revolver, $640M Forestar revolver, $1.05B rental revolver, and $1.4B mortgage repurchase facility subject to renewal, borrowing base and market risk
Management Discussion & Analysis
- Revenue $34.3B, down 7% YoY from $36.8B; homebuilding revenue $31.5B, down 7% from $34.0B
- Pre-tax income $4.7B, down 25% YoY from $6.3B; consolidated pre-tax margin 13.8% vs 17.1% prior year
- Best segment North region: revenue $4.23B up 15%, pre-tax income $584M up from $498M, margin 13.8% vs 13.5%
- Worst segment Southeast: revenue $7.0B down 21%, pre-tax income $840M down from $1.4B, margin 12.0% vs 16.2%
- Operating cash flow $3.4B vs $2.2B prior year; homebuilding cash $2.2B down from $3.6B; no specifics on buybacks/dividends/capex
- Management expects to maintain elevated sales incentives; risks include affordability constraints and mortgage rate changes impacting demand
Business Overview
- Core business: Largest U.S. homebuilder focused on constructing and selling single-family and attached homes across 126 markets in 36 states
- Expanded rental segment with significant multi-family unit sales increase to 2,947 in 2025 from 2,202 in 2024
- Strategic emphasis on controlling land/lots via 62% ownership of Forestar, selling 83% of Forestar’s 14,240 lots to D.R. Horton in 2025
- Employee base grew slightly to 14,341 with 9,972 in homebuilding and 2,967 in financial services as of Sept 30, 2025
- Notable NYSE Texas listing debut in June 2025, expanding stock market presence alongside NYSE New York listing
AI summary of the DHI 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Quarterly revenue $9.2B, essentially unchanged YoY from $9.2B
- Pre-tax margin 13.3% vs 14.7%; net income $904.9M vs $1.0B
- Forestar strongest segment: revenue $407.0M, pre-tax margin 12.0% vs 11.2%
- Rental weakest segment: revenue $266.1M vs $380.7M; pre-tax income $31.0M vs $54.8M
- Operating cash flow $880.8M vs $949.1M; sales incentives expected elevated through fiscal 2026 and into fiscal 2027
AI summary of the DHI 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 8.01: Other Events
- Board authorized an additional $5.0 billion common-stock repurchase program with no expiration date
- Approximately $53 million remained under the prior authorization as of September 15, 2026
Item 2.02: Results of Operations and Financial Condition
- Third-quarter fiscal 2026 results covered the period ended June 30, 2026
- Press release issued July 21, 2026 contains the results and related financial information
Item EX-99.1: Item EX-99.1
- Q3 revenue held at $9.2B, but net income fell 12% to $904.9M and diluted EPS declined 5% to $3.20
- Home closings rose 4% to 23,983, while cancellations increased to 20% from 17%, signaling affordability-driven demand pressure
Item 1.01: Entry into a Material Definitive Agreement
- DHI Mortgage’s repurchase facility increased to $1.925 billion, expanding mortgage-loan funding and liquidity capacity
- Maturity extended to May 4, 2029, with additional extension options supporting longer-term financing availability
AI summaries of DHI 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for DHI
Don't miss the next DHI filing
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- Fund moves. Which tracked funds opened, added or cut DHI, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Murray Michael J | G | Sep 8, 2026 | 5,000 | - |
| Smith Barbara | M | Aug 26, 2026 | 264 | - |
| CROWLEY ELAINE D | M | Aug 26, 2026 | 264 | - |
| CROW M CHAD | M | Aug 26, 2026 | 264 | - |
| CROWLEY ELAINE D | M | Aug 26, 2026 | 264 | - |
| CROW M CHAD | M | Aug 26, 2026 | 264 | - |
| Smith Barbara | M | Aug 26, 2026 | 264 | - |
| Romanowski Paul J | F | Apr 22, 2026 | 6,024 | $162.95 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $35.5B | $36.8B | $34.3B |
| Net Income | $4.7B | $4.8B | $3.6B |
| Net Margin | 13.4% | 12.9% | 10.5% |
| Balance Sheet | |||
| Total Assets | $32.6B | $36.1B | $35.5B |
| Equity | - | $25.3B | $24.2B |
| ROE | - | 18.8% | 14.8% |
| Per Share | |||
| EPS | $13.82 | $14.34 | $11.57 |
| Cash Flow | |||
| Operating CF | $4.3B | $2.2B | $3.4B |
| CapEx | $148.6M | $165.3M | $137.4M |
Source: XBRL data in D. R. Horton (DHI)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate DHI share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 47 | $18.21B |
| Q1 2026 | 46 | $16.34B |
| Q4 2025 | 44 | $17.44B |
| Q3 2025 | 45 | $23.82B |
| Q2 2025 | 46 | $16.96B |
| Q1 2025 | 47 | $13.48B |
| Q4 2024 | 44 | $10.88B |
| Q3 2024 | 36 | $6.68B |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 355 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
DHI filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 15, 2026 | - | Analysis | - |
| 4 | Sep 10, 2026 | - | - | - |
| 4 | Aug 26, 2026 | - | - | - |
| 4 | Aug 26, 2026 | - | - | - |
| 4 | Aug 26, 2026 | - | - | - |
| 10-Q | Jul 23, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 21, 2026 | - | Analysis | - |
| 8-K | May 12, 2026 | - | Analysis | |
| SC 13G | Apr 29, 2026 | - | - | |
| 10-Q | Apr 23, 2026 | Mar 31, 2026 | Analysis | |
| 4 | Apr 22, 2026 | - | - | - |
| 4 | Apr 22, 2026 | - | - | - |
| 4 | Apr 22, 2026 | - | - | - |
| 4 | Apr 22, 2026 | - | - | - |
| 4 | Apr 22, 2026 | - | - | - |
| 4 | Apr 22, 2026 | - | - | - |
| 4 | Apr 22, 2026 | - | - | - |
| 8-K | Apr 21, 2026 | - | Analysis | - |
| 4 | Mar 31, 2026 | - | - | - |
| 4 | Mar 31, 2026 | - | - | - |
| 8-K | Mar 31, 2026 | - | - | - |
| 4 | Mar 31, 2026 | - | - | - |
| 4 | Mar 31, 2026 | - | - | - |
| 4 | Mar 31, 2026 | - | - | - |
| 4 | Mar 24, 2026 | - | - | - |
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DHI SEC filings: frequently asked questions
Which institutions hold DHI stock?
As of June 30, 2026, the largest D. R. Horton (DHI) holders among the 13F filers tracked by SignalX were BlackRock ($4.1 billion), Vanguard Capital Management LLC ($2.8 billion), Vanguard Portfolio Management LLC ($2.0 billion), State Street Corp ($2.0 billion), FMR LLC (Fidelity) ($1.5 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was DHI's revenue in fiscal year 2025?
For the fiscal year ended September 30, 2025 (FY2025), D. R. Horton (DHI) reported revenue of $34.3 billion (down 6.9% from FY2024) and net income of $3.6 billion. Diluted EPS was $11.57. The figures come from the XBRL data in the 10-K.
What are the main risks in DHI's latest 10-K?
In the 10-K filed November 19, 2025, D. R. Horton (DHI) flagged: Regulatory risk: potential losses from mortgage repurchase obligations and indemnifications under representations to Fannie Mae, Freddie Mac, Ginnie Mae, and one major financial entity (71%, 27% loan sales respectively). Macroeconomic risk: elevated mortgage interest rates from Federal Reserve hikes reducing home affordability and requiring pricing incentives, risking profit margins. (AI summary of the Risk Factors section.)
What did DHI report in its latest 8-K?
D. R. Horton (DHI) filed an 8-K on September 15, 2026 reporting Item 8.01 (Other Events). Board authorized an additional $5.0 billion common-stock repurchase program with no expiration date.
What are the latest DHI SEC filings?
D. R. Horton (DHI) filed its latest 10-K annual report on November 19, 2025, a 10-Q quarterly report on July 23, 2026, an 8-K current report on September 15, 2026 and a Form 4 insider filing on September 10, 2026.
What is DHI's SEC CIK number?
D. R. Horton (DHI)'s SEC Central Index Key (CIK) is 882184. EDGAR lists every DHI filing under that number.
Ask anything about DHI
The research agent reads DHI's filings, financials, insider trades and 13F holders, then answers with sources.