D.R. Horton Q1 profit falls 11% to $844.9 million; EPS down 7% to $2.61
D.R. Horton reported first-quarter fiscal 2025 results for the period ended December 31, 2024. Net income attributable to the company fell 11% to $844.9 million, and diluted earnings per share fell 7% to $2.61, while consolidated revenues declined 1% to $7.6 billion. The company reiterated its fiscal 2025 revenue guidance, updated its share repurchase guidance to $2.6 billion to $2.8 billion, and declared a quarterly dividend of $0.40 per share.
Key points
- Diluted EPS of $2.61 versus $2.82 a year earlier; net income attributable to D.R. Horton of $844.9 million versus $947.4 million
- Consolidated revenues of $7.6 billion versus $7.7 billion; homes closed fell 1% to 19,059 from 19,340
- Homebuilding pre-tax profit margin of 14.1% versus 15.0% a year earlier; Forestar pre-tax income of $21.9 million versus $51.2 million
- Fiscal 2025 revenue guidance of $36.0 billion to $37.5 billion reiterated; quarterly dividend of $0.40 per share payable February 14, 2025
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 January 21, 2025.
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