D.R. Horton Quarterly Cash Flow Statement
NYSE: DHIConsumer DiscretionaryHomebuildingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
D.R. Horton free cash flow
In the quarter ended Jun 30, 2026, D.R. Horton generated $439.3 million of operating cash flow and spent $42.0 million on capital expenditures. That left free cash flow of $397.3 million, a free-cash-flow margin of 4.3% of revenue. Free cash flow was down 42.6% from the prior year's $692.6 million.
D.R. Horton returned $727.1 million to shareholders: $127.1 million in dividends and $600.0 million in share repurchases, equal to 183% of free cash flow. Free cash flow covered dividend payments 3.1 times.
Summary generated from market data by MetaCap's automated system. Methodology
D.R. Horton cash flow statement (quarterly)
| Quarter (USD) | Q3 20262026-06-30 | Q2 20262026-03-31 | Q1 20262025-12-31 | Q4 20252025-09-30 | Q3 20252025-06-30 | Q2 20252025-03-31 | Q1 20252024-12-31 | Q4 20242024-09-30 | Q3 20242024-06-30 | Q2 20242024-03-31 | Q1 20242023-12-31 | Q4 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 918.70M | 658.00M | 601.40M | 916.80M | 1.03B | 819.10M | 851.90M | 1.30B | 1.37B | 1.18B | 955.70M | 1.53B |
| Net Income growth (YoY) | -11.07% | -19.67% | -29.40% | -29.47% | -24.41% | -30.80% | -10.86% | -14.80% | +1.12% | +24.65% | -1.30% | -7.44% |
| Depreciation & Amortization | 29.00M | 28.10M | 27.70M | 27.40M | 25.20M | 24.60M | 24.10M | 23.60M | 22.40M | 21.10M | 20.00M | 21.40M |
| Stock-Based Compensation | 31.50M | 34.60M | 41.40M | 29.90M | 25.90M | 32.20M | 43.00M | 25.40M | 26.80M | 25.00M | 40.90M | 30.60M |
| Change in Working Capital | 114.10M | 289.00M | -234.00M | -180.70M | 187.70M | -307.70M | 136.20M | -123.00M | -52.40M | -133.90M | -2.50M | 18.40M |
| Operating Cash Flow | 439.30M | -412.50M | 854.00M | 2.47B | 738.60M | -436.20M | 646.70M | 1.96B | 698.30M | -316.70M | -153.40M | 2.04B |
| Capital Expenditures | -42.00M | -37.20M | -27.40M | -43.80M | -46.00M | -34.30M | -13.30M | -32.00M | -62.00M | -23.70M | -47.60M | -40.30M |
| Investing Cash Flow | -53.10M | -44.20M | -116.20M | -45.20M | -29.00M | -37.40M | -57.10M | -29.50M | -95.10M | -26.70M | -39.30M | -1.70M |
| Dividends Paid | -127.10M | -129.70M | -131.50M | -118.40M | -122.40M | -125.50M | -128.50M | -97.70M | -98.40M | -99.20M | -99.90M | -84.30M |
| Share Repurchases | -600.00M | -930.30M | -669.70M | -700.00M | -1.00B | -1.50B | -1.10B | -600.00M | -399.50M | -402.20M | -398.30M | -435.80M |
| Financing Cash Flow | -225.50M | -122.10M | -1.22B | -2.06B | -562.80M | -77.30M | -2.06B | -408.10M | -676.60M | 92.20M | -362.80M | -1.55B |
| Net Change in Cash | 160.70M | -578.80M | -480.30M | 368.40M | 146.80M | -550.90M | -1.48B | 1.52B | -73.40M | -251.20M | -555.50M | 492.10M |
| Free Cash Flow | 397.30M | -449.70M | 826.60M | 2.43B | 692.60M | -470.50M | 633.40M | 1.93B | 636.30M | -340.40M | -201.00M | 2.00B |
This table shows 12 quarterly periods of D.R. Horton's cash flow statement, from Q3 2026 back to Q4 2023, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow DHI's reporting calendar. What is a cash flow statement?