DR Horton Inc
- Industry
- Homebuilding
- Exchange
- US
- Country
- USA
- IPO date
- Jun 5, 1992
- Employees
- 14,341
- Website
- www.drhorton.com
Composite valuation range · conservative $80–$95 / fair $115–$135 / optimistic $170–$185. At $147.65, Between the fair and optimistic ranges.
At publication $145.6 (May 27, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
D.R. Horton, Inc. operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 126 markets across 36 states under the names of D.R. Horton. The company also constructs and sells single-family detached homes; and attached homes, such as townhomes and duplexes. In addition, it provides mortgage financing and title agency services; and engages in the residential lot development business. Further, the company develops, constructs, owns, leases, and sells multi-family and single-family rental properties; conducts insurance-related operations; and owns water rights and other water-related assets, as well as non-residential real estate, including ranch land and improvements. It primarily serves homebuyers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas.
History
D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas. The company completed its IPO on June 5, 1992. Over its 47-year history it has cumulatively delivered more than 1.2 million homes, closing 84,863 homebuilding homes in fiscal 2025. It also operates Forestar, a majority-owned residential lot development platform.
Industry position
D.R. Horton is one of the largest new home builders in the United States, operating in 126 markets across 36 states with about 14,341 employees. Its segments are homebuilding (92% of fiscal 2025 revenue), rental, Forestar, and financial services; products include single-family detached and attached homes such as townhomes and duplexes, plus active-adult offerings, with prices typically ranging from $250,000 to over $1 million. Financial services run through DHI Mortgage and DHI Title, with roughly 81% of fiscal 2025 homebuilding closings financed by DHI Mortgage. Named competitors include Lennar, PulteGroup, NVR, and Toll Brothers. Fiscal 2025 revenue was about $34.25 billion.