Home Building was the largest of Horton D R Inc /De/’s 5 reported lines in fiscal 2025, at $6.97B — 72% of $9.71B.
| Segment | FY 2008 | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Home Building | $8.19B | $8.76B | $8.88B | $6.97B | |||||||||||||
| Homebuilding | — | — | — | — | |||||||||||||
| Homebuilding: | — | — | — | — | |||||||||||||
| Forestar Group | $1.52B | $1.44B | $1.51B | $1.66B | |||||||||||||
| Rental | $510.20M | $2.61B | $1.69B | $1.64B | |||||||||||||
| Financial Services | $795.00M | $801.50M | $882.50M | $841.20M | |||||||||||||
| Eliminations & Other | -$1.27B | -$1.13B | -$1.24B | -$1.41B | |||||||||||||
| Total | $9.75B | $12.48B | $11.72B | $9.71B |
In fiscal 2025, which ended September 30, 2025, the 5 segments Horton D R Inc /De/ reported in this breakdown added up to $9.71B. That was down 17.2% from $11.72B in fiscal 2024. Home Building was the largest segment, at $6.97B or 71.8% of the total, followed by Forestar Group ($1.66B, 17.1%) and Rental ($1.64B, 16.9%). Together, the two largest segments made up 89.0% of this total.
Compared with fiscal 2024, Forestar Group grew the fastest, rising 10.1% to $1.66B. Home Building fell the most, down 21.5% to $6.97B. Over fiscal 2022 to 2025, revenue across these segments went from $9.75B to $9.71B, a compound annual decline of 0.1%. Home Building's share of the total fell from 84.0% to 71.8% over the same years.
Figures are shown as reported, so the total is net of Eliminations & Other, which was -$1.41B in fiscal 2025. The table also keeps 2 segments that Horton D R Inc /De/ no longer reports, so earlier years can still be read on their original basis; use "Show 2 discontinued" beneath the table to see them. This breakdown covers 17 fiscal years between 2008 and 2025, as reported in Horton D R Inc /De/'s annual filings.
Guarantor Subsidiaries was the largest of Horton D R Inc /De/’s 3 reported lines in fiscal 2014, at $5.30B — 67% of $7.86B.
| Legal Entity | FY 2009 | FY 2012 | FY 2014 |
|---|---|---|---|
| Guarantor Subsidiaries | $2.83B | $5.30B | |
| Realestaterevenuenet | — | — | |
| Parent Company | $1.40B | $2.55B | |
| Non-Guarantor Subsidiaries | $7.90M | $11.20M | |
| Total | $4.24B | $7.86B |
In fiscal 2014, which ended September 30, 2014, the 3 revenue lines Horton D R Inc /De/ reported in this breakdown added up to $7.86B. That was up 85.5% from $4.24B in fiscal 2012, the latest earlier year this breakdown was reported. Guarantor Subsidiaries was the largest revenue line, at $5.30B or 67.4% of the total, followed by Parent Company ($2.55B, 32.4%) and Non-Guarantor Subsidiaries ($11.20M, 0.1%). Together, the two largest revenue lines made up 99.9% of this total.
Compared with fiscal 2012, the latest earlier year reported, Guarantor Subsidiaries grew the fastest, rising 87.4% to $5.30B. Over fiscal 2012 to 2014, revenue across these revenue lines went from $4.24B to $7.86B, a compound annual growth rate of 36.2%. Guarantor Subsidiaries' share of the total rose from 66.8% to 67.4% over the same years.
The table also keeps 1 revenue line that Horton D R Inc /De/ no longer reports, so earlier years can still be read on their original basis; use "Show 1 discontinued" beneath the table to see them. This breakdown covers 3 fiscal years between 2009 and 2014, as reported in Horton D R Inc /De/'s annual filings.
Guarantor Subsidiaries was the largest of Horton D R Inc /De/’s 3 reported lines in fiscal 2017, at $8.94B — 63% of $14.10B.
| Consolidated Entities | FY 2016 | FY 2017 |
|---|---|---|
| Guarantor Subsidiaries | $7.93B | $8.94B |
| Parent Company | $3.95B | $4.77B |
| Non-Guarantor Subsidiaries | $295.60M | $387.00M |
| Total | $12.17B | $14.10B |
In fiscal 2017, which ended September 30, 2017, the 3 revenue lines Horton D R Inc /De/ reported in this breakdown added up to $14.10B. That was up 15.8% from $12.17B in fiscal 2016. Guarantor Subsidiaries was the largest revenue line, at $8.94B or 63.4% of the total, followed by Parent Company ($4.77B, 33.9%) and Non-Guarantor Subsidiaries ($387.00M, 2.7%). Together, the two largest revenue lines made up 97.3% of this total.
Compared with fiscal 2016, Non-Guarantor Subsidiaries grew the fastest, rising 30.9% to $387.00M. Every sizeable revenue line reported in both years grew.
This breakdown covers every fiscal year from 2016 to 2017, as reported in Horton D R Inc /De/'s annual filings.
Horton D R Inc /De/ (DHI) breaks its revenue down by segment and revenue line. In fiscal 2025, its largest segment was Home Building, with $6.97B or 71.8% of the total, followed by Forestar Group at $1.66B (17.1%).
Home Building was Horton D R Inc /De/'s largest segment in fiscal 2025, with $6.97B in revenue, 71.8% of the $9.71B reported across its 5 segments.
Guarantor Subsidiaries was Horton D R Inc /De/'s largest revenue line in fiscal 2014, with $5.30B in revenue, 67.4% of the $7.86B reported across its 3 revenue lines.
Of the Horton D R Inc /De/ segments reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Forestar Group grew the fastest, rising 10.1% from $1.51B to $1.66B.
Every figure is taken from Horton D R Inc /De/'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by segment covers fiscal 2008 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.