Horton D R (DHI) Free Cash Flow (2009 - 2026)
Horton D R's Free Cash Flow came in at $397.3 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 42.6% from $692.6 million a year earlier.
Horton D R (DHI) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Horton D R reported Free Cash Flow of $3.2 billion, up 15.0% year-over-year; for FY2025 (ended Sep 30, 2025), it was $3.28 billion, up 62.2% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of 21.7% (FY2020 to FY2025).
- Going back by fiscal year, Free Cash Flow was $2.02 billion in FY2024 (-51.3%), $4.16 billion in FY2023 (+904.7%), $413.6 million in FY2022 (+14.7%) and $360.5 million in FY2021 (-70.7%).
- The five-year range for quarterly Free Cash Flow is -$702.1 million (fiscal Q2 2022) to $2.43 billion (fiscal Q4 2025).
- Year-over-year, Free Cash Flow increased in three of the last five quarters, with growth averaging 3.8%.
- The fastest year-over-year change in Free Cash Flow over five years came in fiscal Q3 2023 (growth of 220.9%), and the weakest in fiscal Q3 2026 (a decline of 42.6%).
- Business Quant data shows DHI's Free Cash Flow at -$449.7 million (Q2 2026), $826.6 million (Q1 2026) and $2.43 billion (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.07 Bn | 31.38 Bn | 2.15 Bn | 397.30 Mn |
| 2 | Pultegroup | 22.35 Bn | 15.64 Bn | 1.06 Bn | -12.85 Mn |
| 3 | Lennar | 19.70 Bn | 10.07 Bn | 618.54 Mn | -96.28 Mn |
| 4 | Nvr | 16.15 Bn | 9.43 Bn | 485.14 Mn | -157.68 Mn |
| 5 | Toll Brothers | 13.11 Bn | 8.48 Bn | 625.22 Mn | 219.64 Mn |
| 6 | Champion Homes | 4.42 Bn | 1.90 Bn | - | - |
| 7 | Cavco Industries | 4.20 Bn | 2.95 Bn | - | - |
| 8 | Meritage Homes | 4.09 Bn | 1.02 Bn | 513.60 Mn | 183.90 Mn |
| 9 | M | 3.05 Bn | 126.11 Mn | 235.50 Mn | 31.43 Mn |
| 10 | Kb Home | 2.78 Bn | 1.99 Bn | -857.09 Mn | -145.03 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 397.30 Mn |
| Mar 31, 2026 | -449.70 Mn |
| Dec 31, 2025 | 826.60 Mn |
| Sep 30, 2025 | 2.43 Bn |
| Jun 30, 2025 | 692.60 Mn |
| Mar 31, 2025 | -470.50 Mn |
| Dec 31, 2024 | 633.40 Mn |
| Sep 30, 2024 | 1.93 Bn |
| Jun 30, 2024 | 636.30 Mn |
| Mar 31, 2024 | -340.40 Mn |
| Dec 31, 2023 | -201.00 Mn |
| Sep 30, 2023 | 2.00 Bn |
| Jun 30, 2023 | 758.40 Mn |
| Mar 31, 2023 | 612.80 Mn |
| Dec 31, 2022 | 781.60 Mn |
| Sep 30, 2022 | 1.08 Bn |
| Jun 30, 2022 | 236.30 Mn |
| Mar 31, 2022 | -702.10 Mn |
| Dec 31, 2021 | -205.00 Mn |
| Sep 30, 2021 | 521.40 Mn |
Horton D R Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=DHI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "DHI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=DHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();