Horton D R Inc

Company facts

Industry

Operative Builders

Headquarters

Arlington, Texas

Most recent report

10-Q, filed Jul 23, 2026

Incorporated

Delaware

Filings on record

1,002+ filings

On EDGAR

CIK 882184

Fiscal year ends

September

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 2 of 10 sections worth reading, with 2 positive, 3 notable, and 3 negative flags.

• Financial Statements (Item 1)

  Core financial statements with key results: revenue and profit declines, large buyback, debt growth.
  Positive

  • New $5B stock buyback authorized in April 2025, with $1.1B remaining at June 30, 2026.
  Notable

  • Acquired SK Builders for $80M cash in October 2025, adding 160 homes, 260 lots, and 1,320 more lots under contract.
  • Legal contingency reserves are $1.14B, 99% for construction defect claims; large self-insured exposure.

• Management's Discussion (Item 2)

  Core MD&A with detailed financials, segment data, liquidity updates, and forward-looking statements.
  Positive

  • Homebuilding revolving credit facility capacity increased from $2.3B to $3.3B in March 2026.
  Notable

  • Board authorized $5.0B stock repurchase in April 2025; $2.2B repurchased in 9M 2026.
  Negative

  • Consolidated pre-tax income decreased 18% to $2.9B for 9M 2026 from $3.5B.
  • Home sales gross margin fell 170bps to 20.4% for 9M 2026 vs 22.1% prior year.
  • Rental pre-tax income fell to $43.5M for 9M 2026 from $89.4M, down 51%.

What changed: Jun 2026 vs. Mar 2026

About 2% of DHI's Jun 2026 10-Q is new information. 10 paragraphs were added, 267 changed, and 19 removed. Below are the most important lines SECSift identified.

• Item 2 171
• Item 1 52
• Item 3 3
• Item 4 2
• Item 6 2
• Item 5 1