Horton D R (DHI) Shares Outstanding (Diluted) (2009 - 2026)
Horton D R's Shares Outstanding (Diluted) came in at 283 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 7.2% from 304.9 million a year earlier and down 2.1% from the prior quarter.
Powered by 
Analysis
Horton D R (DHI) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Horton D R's Shares Outstanding (Diluted) was 309.9 million, down 6.5% from FY2024.
- Shares Outstanding (Diluted) has declined in each of the last seven fiscal years, with a five-year compound annual growth rate of -3.5% (FY2020 to FY2025).
- Going back by fiscal year, Shares Outstanding (Diluted) was 331.6 million in FY2024 (-3.4%), 343.3 million in FY2023 (-3.2%), 354.8 million in FY2022 (-3.0%) and 365.8 million in FY2021 (-1.2%).
- The fiscal Q3 2026 figure represents the lowest quarterly Shares Outstanding (Diluted) in data going back to fiscal Q4 2009.
- Year-over-year, Shares Outstanding (Diluted) has declined for 31 consecutive quarters, with an average decline of 6.4% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding (Diluted) ranged from 1.2% (fiscal Q4 2021) to 9.3% (fiscal Q1 2026).
- Business Quant data shows DHI's Shares Outstanding (Diluted) at 289 million (Q2 2026), 293.3 million (Q1 2026) and 309.9 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.46 Bn | 32.35 Bn | 2.15 Bn | 283.00 Mn |
| 2 | Pultegroup | 22.00 Bn | 15.36 Bn | 1.07 Bn | 187.84 Mn |
| 3 | Lennar | 17.57 Bn | 8.08 Bn | 618.54 Mn | 237.76 Mn |
| 4 | Nvr | 16.27 Bn | 9.56 Bn | 485.14 Mn | 2.82 Mn |
| 5 | Toll Brothers | 13.00 Bn | 8.39 Bn | 625.22 Mn | 94.45 Mn |
| 6 | Champion Homes | 4.41 Bn | 1.89 Bn | - | 56.28 Mn |
| 7 | Cavco Industries | 4.24 Bn | 2.99 Bn | - | 7.89 Mn |
| 8 | Meritage Homes | 4.15 Bn | 1.07 Bn | 513.60 Mn | 66.13 Mn |
| 9 | M | 3.12 Bn | 189.67 Mn | 235.50 Mn | 26.19 Mn |
| 10 | Kb Home | 2.81 Bn | 2.01 Bn | -857.09 Mn | 61.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 283.00 Mn |
| Mar 31, 2026 | 289.00 Mn |
| Dec 31, 2025 | 293.30 Mn |
| Sep 30, 2025 | 309.90 Mn |
| Jun 30, 2025 | 304.90 Mn |
| Mar 31, 2025 | 314.00 Mn |
| Dec 31, 2024 | 323.30 Mn |
| Sep 30, 2024 | 331.60 Mn |
| Jun 30, 2024 | 330.10 Mn |
| Mar 31, 2024 | 333.30 Mn |
| Dec 31, 2023 | 335.70 Mn |
| Sep 30, 2023 | 343.30 Mn |
| Jun 30, 2023 | 342.30 Mn |
| Mar 31, 2023 | 344.90 Mn |
| Dec 31, 2022 | 346.90 Mn |
| Sep 30, 2022 | 354.80 Mn |
| Jun 30, 2022 | 353.10 Mn |
| Mar 31, 2022 | 356.30 Mn |
| Dec 31, 2021 | 360.10 Mn |
| Sep 30, 2021 | 365.80 Mn |
API Access
Horton D R Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=DHI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=DHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();