D.R. Horton Q4 EPS falls to $3.92 from $4.45; full-year EPS rises 4% to $14.34
D.R. Horton reported fourth-quarter fiscal 2024 diluted earnings of $3.92 per share, down from $4.45 a year earlier, on revenue of $10.0 billion, down 5% from $10.5 billion. For the full fiscal year, diluted EPS rose 4% to $14.34 on revenue of $36.8 billion, up 4%, and the company raised its quarterly dividend 33% to $0.40 per share and gave initial fiscal 2025 revenue guidance of $36.0 billion to $37.5 billion.
Key points
- Q4 net income was $1.3 billion versus $1.5 billion a year earlier; Q4 revenue was $10.0 billion versus $10.5 billion.
- Q4 net sales orders rose 1% to 19,035 homes; the cancellation rate was 21%, unchanged from the prior year quarter.
- The quarterly dividend was increased to $0.40 per share, payable November 19, 2024 to holders of record on November 12, 2024.
- Fiscal 2025 guidance includes 90,000 to 92,000 homes closed and share repurchases of approximately $2.4 billion.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.