D.R. Horton, Inc. (DHI) Bundle
An Overview of D.R. Horton, Inc. (DHI)
General Summary of D.R. Horton, Inc. (DHI)
D.R. Horton, Inc. is a homebuilding company headquartered in Arlington, Texas. Founded in 1978, the company operates across 90 markets in 29 states in the United States.
| Company Metric | 2024 Data |
|---|---|
| Total Home Closings | 70,330 homes |
| Average Sales Price | $428,700 |
| Geographic Markets | 90 markets in 29 states |
Financial Performance
D.R. Horton reported the following financial metrics for fiscal year 2024:
| Financial Metric | Amount |
|---|---|
| Total Revenue | $34.2 billion |
| Net Income | $4.7 billion |
| Earnings Per Share | $16.42 |
Industry Leadership
D.R. Horton maintains its position as the largest homebuilder in the United States.
- Ranked #1 in total home closings
- Largest market share in residential construction
- Consistent growth in diverse housing segments
| Market Position | 2024 Ranking |
|---|---|
| Total Home Closings Rank | 1st in United States |
| Market Share | 22.3% of national residential market |
Mission Statement of D.R. Horton, Inc. (DHI)
Mission Statement of D.R. Horton, Inc. (DHI)
D.R. Horton's mission statement focuses on delivering affordable, quality homes across diverse market segments in the United States.
Core Mission Components
| Component | Specific Details |
|---|---|
| Market Leadership | Ranked #1 homebuilder in the United States by closings since 2002 |
| Home Volume | Closed 68,548 homes in fiscal year 2023 |
| Geographic Reach | Operations in 51 markets across 30 states |
Strategic Mission Focus Areas
- Provide affordable housing solutions
- Maintain construction quality standards
- Serve diverse customer segments
- Ensure customer satisfaction
Financial Performance Metrics
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $33.6 billion |
| Net Income | $4.1 billion |
| Average Home Price | $428,000 |
Market Segment Breakdown
- Entry-level homes: 46% of total closings
- Move-up homes: 32% of total closings
- Active adult communities: 22% of total closings
Operational Efficiency
D.R. Horton maintains a lean operational model with efficient land acquisition and development strategies.
| Operational Metric | 2023 Performance |
|---|---|
| Land Bank | Controlled 277,000 lots |
| Spec Home Inventory | 14,244 completed homes |
| Construction Cycle Time | Approximately 6-7 months |
Vision Statement of D.R. Horton, Inc. (DHI)
Vision Statement Components of D.R. Horton, Inc. (DHI)
Market Leadership in Residential ConstructionD.R. Horton reported $33.6 billion in total revenue for fiscal year 2023, maintaining its position as the largest homebuilder in the United States. The company completed 75,612 homes in 2023, representing a significant market share in residential construction.
| Metric | 2023 Value |
|---|---|
| Total Homes Completed | 75,612 |
| Total Revenue | $33.6 billion |
| Average Home Price | $385,000 |
D.R. Horton operates in 51 markets across 30 states, with strategic focus on high-growth regions.
- Top markets: Texas, Florida, California, North Carolina
- New market entries in 2023: Idaho, Utah
- Market penetration rate: 12.4% nationally
The company offers multiple housing segments to address diverse consumer needs:
| Housing Segment | Market Share | Average Price Range |
|---|---|---|
| Entry-Level Homes | 45% | $250,000 - $350,000 |
| Move-Up Homes | 35% | $350,000 - $500,000 |
| Luxury Homes | 20% | $500,000+ |
Investment in technological infrastructure: $127 million in 2023 for digital platforms and construction technologies.
- Digital home purchasing platform
- Advanced construction management software
- AI-driven design optimization
Core Values of D.R. Horton, Inc. (DHI)
Core Values of D.R. Horton, Inc. (DHI) in 2024
Integrity and Ethical Business Practices
D.R. Horton demonstrates commitment to integrity through measurable corporate governance standards.
| Governance Metric | 2024 Performance |
|---|---|
| Board Independence | 83% independent directors |
| Annual Ethics Training | 100% employee participation |
| Compliance Hotline Reports | 247 total reports in 2023 |
Customer-Centric Approach
Customer satisfaction metrics for D.R. Horton:
- Net Promoter Score: 72/100
- Customer Satisfaction Rate: 88%
- Warranty Claims Resolution Time: 14 days
Innovation and Quality
| Innovation Indicator | 2024 Data |
|---|---|
| R&D Investment | $42.3 million |
| New Technology Implementations | 17 digital home design platforms |
| Energy-Efficient Home Designs | 64% of new constructions |
Community and Environmental Responsibility
- Sustainable Building Practices: $28.6 million invested
- Community Development Projects: 39 active initiatives
- Carbon Reduction Goal: 22% reduction by 2030
Employee Development and Respect
| Employee Metric | 2024 Performance |
|---|---|
| Total Employees | 13,847 |
| Internal Promotion Rate | 46% |
| Training Investment per Employee | $3,287 |
D.R. Horton, Inc. (DHI) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.