Horton D R annual free cash flow
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Horton D R Free Cash Flow (FCF) History (DHI)
Horton D R reported $3.28B in free cash flow for fiscal 2025, an increase of 62.19% from the previous fiscal year, with a free cash flow margin of 9.59%.
View full Horton D R company overviewHorton D R free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-09-30 | $3.28B | $1.26B | +62.19% | +9.59% |
| 2024 | 2024-09-30 | $2.02B | −$2.13B | −51.28% | +5.50% |
| 2023 | 2023-09-30 | $4.16B | $3.74B | +904.71% | +11.72% |
| 2022 | 2022-09-30 | $413.6M | −$27.3M | −6.19% | +1.24% |
| 2021 | 2021-09-30 | $440.9M | −$884.2M | −66.73% | +1.59% |
| 2020 | 2020-09-30 | $1.33B | $560.2M | +73.24% | +6.52% |
| 2019 | 2019-09-30 | $764.9M | $287.8M | +60.32% | +4.35% |
| 2018 | 2018-09-30 | $477.1M | $139.6M | +41.36% | +2.97% |
| 2017 | 2017-09-30 | $337.5M | −$208.3M | −38.16% | +2.40% |
| 2016 | 2016-09-30 | $545.8M | −$98.5M | −15.29% | +4.49% |
| 2015 | 2015-09-30 | $644.3M | $1.41B | — | +5.95% |
| 2014 | 2014-09-30 | −$761.6M | $525.7M | — | −9.49% |
| 2013 | 2013-09-30 | −$1.29B | −$961.5M | — | −20.57% |
| 2012 | 2012-09-30 | −$325.8M | −$328.4M | — | −7.48% |
| 2011 | 2011-09-30 | $2.6M | −$687.6M | −99.62% | +0.07% |
| 2010 | 2010-09-30 | $690.2M | −$444.8M | −39.19% | +15.69% |
| 2009 | 2009-09-30 | $1.14B | −$734.9M | −39.30% | +31.03% |
| 2008 | 2008-09-30 | $1.87B | — | — | — |
Horton D R quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $397.3M | −$295.3M | −42.64% | +4.31% |
| Q2 2026 | 2026-03-31 | −$449.7M | $20.8M | — | −5.95% |
| Q1 2026 | 2025-12-31 | $826.6M | $193.2M | +30.50% | +12.00% |
| Q4 2025 | 2025-09-30 | $2.43B | $498.4M | +25.83% | +25.09% |
| Q3 2025 | 2025-06-30 | $692.6M | $56.3M | +8.85% | +7.51% |
| Q2 2025 | 2025-03-31 | −$470.5M | −$130.1M | — | −6.08% |
| Q1 2025 | 2024-12-31 | $633.4M | $834.4M | — | +8.32% |
| Q4 2024 | 2024-09-30 | $1.93B | −$73.1M | −3.65% | +19.29% |
| Q3 2024 | 2024-06-30 | $636.3M | −$122.1M | −16.10% | +6.38% |
| Q2 2024 | 2024-03-31 | −$340.4M | −$953.2M | — | −3.74% |
| Q1 2024 | 2023-12-31 | −$201.0M | −$982.6M | — | −2.60% |
| Q4 2023 | 2023-09-30 | $2.00B | $918.3M | +84.68% | +19.07% |
| Q3 2023 | 2023-06-30 | $758.4M | $522.1M | +220.95% | +7.80% |
| Q2 2023 | 2023-03-31 | $612.8M | $1.31B | — | +7.69% |
| Q1 2023 | 2022-12-31 | $781.6M | $986.6M | — | +10.77% |
| Q4 2022 | 2022-09-30 | $1.08B | $563.0M | +107.98% | +11.25% |
| Q3 2022 | 2022-06-30 | $236.3M | $131.4M | +125.26% | +2.69% |
| Q2 2022 | 2022-03-31 | −$702.1M | −$785.1M | — | −8.78% |
| Q1 2022 | 2021-12-31 | −$205.0M | $63.4M | — | −2.91% |
| Q4 2021 | 2021-09-30 | $521.4M | −$281.6M | −35.07% | +6.43% |
| Q3 2021 | 2021-06-30 | $104.9M | −$859.9M | −89.13% | +1.44% |
| Q2 2021 | 2021-03-31 | $83.0M | $390.3M | — | +1.29% |
| Q1 2021 | 2020-12-31 | −$268.4M | −$133.0M | — | −4.52% |
| Q4 2020 | 2020-09-30 | $803.0M | $13.5M | +1.71% | +12.55% |
| Q3 2020 | 2020-06-30 | $964.8M | $457.9M | +90.33% | +17.90% |
| Q2 2020 | 2020-03-31 | −$307.3M | −$169.1M | — | −6.83% |
| Q1 2020 | 2019-12-31 | −$135.4M | $257.9M | — | −3.37% |
| Q4 2019 | 2019-09-30 | $789.5M | $564.9M | +251.51% | +15.67% |
| Q3 2019 | 2019-06-30 | $506.9M | $116.1M | +29.71% | +10.33% |
| Q2 2019 | 2019-03-31 | −$138.2M | −$100.2M | — | −3.35% |
| Q1 2019 | 2018-12-31 | −$393.3M | −$293.0M | — | −11.18% |
| Q4 2018 | 2018-09-30 | $224.6M | −$400.5M | −64.07% | +4.99% |
| Q3 2018 | 2018-06-30 | $390.8M | $486.8M | — | +8.81% |
| Q2 2018 | 2018-03-31 | −$38.0M | $104.8M | — | −1.00% |
| Q1 2018 | 2017-12-31 | −$100.3M | −$49.9M | — | −3.01% |
| Q4 2017 | 2017-09-30 | $625.1M | $102.7M | +19.66% | +15.03% |
| Q3 2017 | 2017-06-30 | −$96.0M | −$132.9M | — | −2.54% |
| Q2 2017 | 2017-03-31 | −$142.8M | −$150.9M | — | −4.39% |
| Q1 2017 | 2016-12-31 | −$50.4M | −$28.8M | — | −1.74% |
| Q4 2016 | 2016-09-30 | $522.4M | $23.4M | +4.69% | +13.96% |
| Q3 2016 | 2016-06-30 | $36.9M | −$301.2M | −89.09% | +1.14% |
| Q2 2016 | 2016-03-31 | $8.1M | $60.6M | — | +0.29% |
| Q1 2016 | 2015-12-31 | −$21.6M | $118.7M | — | −0.89% |
| Q4 2015 | 2015-09-30 | $499.0M | $637.0M | — | +15.73% |
| Q3 2015 | 2015-06-30 | $338.1M | $663.1M | — | +11.46% |
| Q2 2015 | 2015-03-31 | −$52.5M | $220.1M | — | −2.19% |
| Q1 2015 | 2014-12-31 | −$140.3M | −$114.3M | — | −6.09% |
| Q4 2014 | 2014-09-30 | −$138.0M | −$27.6M | — | −5.58% |
| Q3 2014 | 2014-06-30 | −$325.0M | −$13.7M | — | −15.14% |
| Q2 2014 | 2014-03-31 | −$272.6M | −$77.5M | — | −15.71% |
| Q1 2014 | 2013-12-31 | −$26.0M | $644.5M | — | −1.56% |
| Q4 2013 | 2013-09-30 | −$110.4M | $17.6M | — | −5.94% |
| Q3 2013 | 2013-06-30 | −$311.3M | −$198.4M | — | −18.39% |
| Q2 2013 | 2013-03-31 | −$195.1M | −$114.3M | — | −13.63% |
| Q1 2013 | 2012-12-31 | −$670.5M | −$666.4M | — | −52.58% |
| Q4 2012 | 2012-09-30 | −$128.0M | −$218.7M | — | −9.58% |
| Q3 2012 | 2012-06-30 | −$112.9M | −$54.1M | — | −9.82% |
| Q2 2012 | 2012-03-31 | −$80.8M | −$5.7M | — | −8.41% |
| Q1 2012 | 2011-12-31 | −$4.1M | −$49.9M | — | −0.45% |
| Q4 2011 | 2011-09-30 | $90.7M | −$28.0M | −23.59% | +8.26% |
| Q3 2011 | 2011-06-30 | −$58.8M | −$210.2M | — | −5.88% |
| Q2 2011 | 2011-03-31 | −$75.1M | −$277.7M | — | −10.00% |
| Q1 2011 | 2010-12-31 | $45.8M | −$171.7M | −78.94% | +5.81% |
| Q4 2010 | 2010-09-30 | $118.7M | — | — | — |
| Q3 2010 | 2010-06-30 | $151.4M | — | — | +10.77% |
| Q2 2010 | 2010-03-31 | $202.6M | — | — | — |
| Q1 2010 | 2009-12-31 | $217.5M | — | — | — |
Horton D R free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $1.33B to $3.28B, a compound annual growth rate of 19.90%. Horton D R's latest reported quarter, Q3 2026, generated $397.3M in free cash flow, a decrease of 42.64% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Horton D R filings at SEC.gov ↗