✨ Free AI Report
D.R. Horton, Inc.: Key Facts, Business Model & Financial Analysis Read the overview below or get the full interactive report with Cyborg Score, analyst debate audio & saved-company playlists — free, no credit card.
Get Free Report →
Home Company Research D.R. Horton, Inc.
Company Research

D.R. Horton, Inc.: Business Overview, Financials & Competitive Analysis

D.R. Horton, Inc. scores 6/10 on the AskCyborg Cyborg Score (Solid). Market leader with disciplined capital allocation and strong liquidity, but facing persistent affordability constraints and margin pressure requiring elevated incentives. Q1 2026 consolidated pre-tax income was $798.1 million on revenues of $6.9 billion with an 11.6% pre-tax profit margin. However, sales and net income both declined, profit margins compressed.

What is D.R. Horton, Inc.'s industry? D.R. Horton, Inc. (drhorton.com) operates in Homebuilding. AskCyborg classifies D.R. Horton, Inc. under Homebuilding in its company registry.

D.R. Horton, Inc. is an American home construction company based in Arlington, Texas. Since 2002, the company has been the largest homebuilder by volume in the United States. The company operates four brands (D.R. Hor...

6/ 10Solid

Cyborg Score thesis

Market leader with disciplined capital allocation and strong liquidity, but facing persistent affordability constraints and...

Read the full analyst-debate transcript →
Industry Homebuilding
3 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: September 14, 2026
AI-Verified Research
30+ Page Report

Get the Latest D.R. Horton, Inc. Report

Up-to-date AI-powered research, analyst debate audio & saved-company playlists

Get Current Report Free
✓ No credit card required
or get it by email

Analyst-debate audio for D.R. Horton, Inc.

AskCyborg analysts argue the bull and bear cases for D.R. Horton, Inc. across 11 stress-tested dimensions. Listen on your commute -- faster than reading the 30-page report.

Play the free intro →
Free intro · Pro unlocks the full analyst debate
What's in This Report
D.R. Horton, Inc. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
Get Interactive Report Freeor start reading below

D.R. Horton, Inc. Overview

Pro stress-test →

D.R. Horton, Inc. is an American home construction company based in Arlington, Texas. Since 2002, the company has been the largest homebuilder by volume in the United States. The company operates four brands (D.R. Horton, Emerald Homes, Express Homes, Freedom Homes) serving diverse market segments from entry-level to luxury homebuyers across 125 markets in 36 states.

Strategic Profile

Pro stress-test →

D.R. Horton's primary innovation is in industrialized efficiency, including digital mortgage and closing systems, pre-fabricated construction elements, and redesigned affordable floorplans averaging 1,400-1,600 square feet to maximize affordability. The company leverages strong liquidity, low leverage, experienced operators and national scale to provide significant financial and operational flexibility.

Competitive Landscape

Pro stress-test →

D.R. Horton remains the undisputed volume leader, though the gap between the Big Three is narrowing in specific regions. PulteGroup focuses on higher-end "move-up" buyers, maintaining higher margins but lacking D.R. Horton's approximately 15% market share. NVR Inc. is the master of the "asset-light" model, owning almost no land and using options exclusively, resulting in a massive Return on Equity that D.R. Horton aspires to match.

Industry Context

D.R. Horton, Inc. operates in Homebuilding.

Key facts

Founded: 1978 · Headquarters: Arlington, Texas · Revenue: $34.3B (FY2025) · Market cap: $42.8B

What the analysts stress-tested

The top findings that survived the multi-agent debate for D.R. Horton, Inc..

  • During Q1 2026, D.R. Horton achieved a 3% increase in net sales orders driven by tenured operators executing with discipline.
  • The company returned $801.2 million to shareholders through share repurchases and dividends during Q1 2026.
+2 more stress-tested counter-arguments unlock with Pro. Read the full analyst debate →

Recent developments

Material events tracked by the AskCyborg corpus.

  • January 2026Q1 FY2026 earnings exceeded guidance with $6.9B revenue and 11.6% pre-tax margin; declared $0.45 per share dividend
  • January 2026Returned $801.2M to shareholders via buybacks and dividends; net sales orders up 3% YoY
  • +1 moreTrack every material event for D.R. Horton, Inc. as it happens. Explore monitoring →
Get alerted when D.R. Horton, Inc. has a new material development →

Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

LennarMajor homebuilder with multi-brand portfolio→PulteGroupHigher-end homebuilder focused on move-up buyers→NVR Inc.Asset-light homebuilder model with high ROE→

Compare D.R. Horton, Inc. with another company

Pick any company in the AskCyborg corpus to see side-by-side Cyborg Scores and insights.

vs
Side-by-side opens in your AskCyborg account

Industry context

D.R. Horton, Inc. operates in Homebuilding. See how the rest of the sector scores on the Cyborg framework.

Browse Homebuilding research →
NEW · MCP server

Ask your AI assistant about D.R. Horton, Inc.

Install the free AskCyborg MCP server in Claude, Cursor, Cline, Continue, or Windsurf and ask any of these in-line:

“Compare D.R. Horton, Inc. and its top competitor on Cyborg Score”
“What did D.R. Horton, Inc. do this quarter?”
“Is D.R. Horton, Inc. a defensible business in 5 years?”
Install the MCP server (10 sec) →
Free, anonymous, no API key required

How AskCyborg builds confidence

⚔

Analyst debate, not single-author opinion

Every report is stress-tested by a panel of AI analysts arguing across 11 dimensions. The output is the part of the case that survived pushback.

📊

Recalibrated weekly

The Cyborg Score is recomputed weekly against fresh data. Recent material developments are continuously tracked and surfaced.

🔗

Methodology open at /methodology

The framework, dimensions, and band breakdowns are documented. The same company gets the same score from any analyst running the framework.

🔒

Free tier is free

No credit card to read the research. Pro adds saved-company audio playlists, monitoring, audio briefings on demand, and PDF export for $39/mo annual.

Sources: public filings, regulatory data, news flow, and proprietary analyst signals. Read the methodology →

Frequently asked questions

What does D.R. Horton, Inc. do?+
D.R. Horton, Inc. is an American home construction company based in Arlington, Texas. Since 2002, the company has been the largest homebuilder by volume in the United States. The company operates four brands (D.R. Hor...
What is D.R. Horton, Inc.'s Cyborg Score?+
D.R. Horton, Inc. has a Cyborg Score of 6/10 (Solid). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are D.R. Horton, Inc.'s main competitors?+
Named competitors include Lennar, PulteGroup, NVR Inc.. The full competitive landscape is in the AskCyborg report.
How can I get the full D.R. Horton, Inc. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the D.R. Horton, Inc. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

Track D.R. Horton, Inc. over time

Pro members get saved-company audio playlists, Cyborg Score recalibrations, and monitoring for material events across the AskCyborg corpus.

See Pro features
From $39/mo annual

More Homebuilding research

Companies in the same sector and named competitors, ranked by Cyborg Score.

5NAGAWA Co., Ltd.7Lennar Corporation8PulteGroup, Inc.5NVR, Inc.