Calculated
DCF
Free cash flow, growth, discount rate, and terminal growth form an intrinsic value range.
133.31 USD124.60 USD156.23 USD
+22.76%
124.60 USDCurrent price is 22.8% above the base model value.
D
US
DHI.US · HORTON D R INC /DE/
US · US
Latest price152.96 USD
30D-0.93%
Vs. base value+7.3%
Research summary
DHI.US latest organized financial period shows revenue declined -6.93% YoY and net income declined -24.62% YoY. Current price is about 153 USD, while the model base case is about 143 USD; the current price sits +7.3% versus the base case. The page shows both reported and adjusted views; valuation still defaults to reported figures, while adjusted figures help isolate structured one-time-item impact. This summary is intended for public-information research and model review.
Key financial trend
Annual financial metrics with switchable views. · Unit: USD
Revenue34B USD
Net income4B USD
Free cash flow3B USD
Operating cash flow3B USD
Price trend
Price date: 2026/04/29 · Updated: 2026/04/29 15:27
Valuation model range
Hover each model row to inspect formulas and inputs.
Current price152.96 USD
Base value142.56 USD
Vs. base+7.3%
Price date2026/04/29
142.56 USD142.56 USD156.23 USD
+7.3%
Calculated
Owner Earnings
Uses recent net income as an owner-earnings proxy and discounts scenario growth.
194.25 USD195.74 USD207.57 USD
-21.86%
195.74 USDCurrent price is 21.9% below the base model value.Adjusted reference: 186.17 USD
Calculated
Reverse DCF
Solves the forward FCF growth rate implied by the current price.
Implied growth0.7%
Current price implies roughly 0.7% annualized FCF growth.
0.7%Current price implies roughly 0.7% annualized FCF growth.
Excluded
Earnings Power Value
Estimates earnings power value without assuming growth.
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-
-Operating income data is insufficient.
Updated: 2026/04/29 15:27
Valuation basis and non-recurring items
Collapsed by default. Expand to inspect structured one-time items and adjusted figures without making them the primary page focus.
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Valuation basis and non-recurring items
Collapsed by default. Expand to inspect structured one-time items and adjusted figures without making them the primary page focus.
A positive amountAfterTax means the item increased reported net income; a negative value means it reduced reported net income. Adjusted net income = reported net income minus total after-tax impact. Valuation defaults to reported figures; adjusted figures are shown to observe one-time-item impact.
| Period | Item | Category | After-tax impact | Confidence |
|---|---|---|---|---|
| 2025/09/30 | Litigation settlement | Litigation | -190M USD | Medium |
| 2024/09/30 | Litigation settlement | Litigation | -259M USD | Medium |
| 2023/09/30 | Litigation settlement | Litigation | -331M USD | Medium |
| 2022/09/30 | Litigation settlement | Litigation | -327M USD | Medium |
| 2021/09/30 | Litigation settlement | Litigation | -172M USD | Medium |
| 2020/09/30 | Litigation settlement | Litigation | -153M USD | Medium |
| 2026/03/31 | Litigation settlement | Litigation | -46M USD | Medium |
| 2025/12/31 | Litigation settlement | Litigation | -22M USD | Medium |
| 2025/06/30 | Litigation settlement | Litigation | -113M USD | Medium |
| 2025/03/31 | Litigation settlement | Litigation | -154M USD | Medium |
| 2024/12/31 | Litigation settlement | Litigation | -63M USD | Medium |
| 2024/06/30 | Litigation settlement | Litigation | -170M USD | Medium |
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Quarterly and annual financial table
Financial DetailsShowing latest 5 / 14
| Period | Type | Revenue | Net Income | Adjusted net income | Free Cash Flow | Diluted EPS | Adjusted EPS |
|---|---|---|---|---|---|---|---|
| 2025/09/30 | Annual | 34B USD | 4B USD | 4B USD | 3B USD | 11.57 | 12.18 |
| 2024/09/30 | Annual | 37B USD | 5B USD | 5B USD | 2B USD | 14.34 | 15.12 |
| 2023/09/30 | Annual | 35B USD | 5B USD | 5B USD | 4B USD | 13.82 | 14.78 |
| 2022/09/30 | Annual | 33B USD | 6B USD | 6B USD | 414M USD | 16.51 | 17.43 |
| 2021/09/30 | Annual | 28B USD | 4B USD | 4B USD | 441M USD | 11.41 | 11.88 |
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