HORTON D R INC DE
For the period ended Sep 30, 2024. Filed Nov 19, 2024.
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FY2024 · Filed Nov 19, 2024
DHI$155.61+2.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| (In millions) | ||
| ASSETS | ||
| Cash and cash equivalents | $4,516.4 | $3,873.6 |
| Restricted cash | 27.6 | 26.5 |
| Total cash, cash equivalents and restricted cash | 4,544.0 | 3,900.1 |
| Inventories: | ||
| Construction in progress and finished homes | 8,875.8 | 9,001.4 |
| Residential land and lots — developed and under development | 12,948.1 | 10,621.9 |
| Land held for development | 160.6 | 50.0 |
| Land held for sale | 12.7 | 8.7 |
| Rental properties | 2,906.0 | 2,691.3 |
| Total inventory | 24,903.2 | 22,373.3 |
| Mortgage loans held for sale | 2,477.5 | 2,519.9 |
| Deferred income taxes, net of valuation allowance of $14.9 million and $14.8 million at September 30, 2024 and 2023, respectively | 167.5 | 187.2 |
| Property and equipment, net | 531.0 | 445.4 |
| Other assets | 3,317.6 | 2,993.0 |
| Goodwill | 163.5 | 163.5 |
| Total assets | $36,104.3 | $32,582.4 |
| LIABILITIES | ||
| Accounts payable | $1,345.5 | $1,246.2 |
| Accrued expenses and other liabilities | 3,016.7 | 3,103.8 |
| Notes payable | 5,917.7 | 5,094.5 |
| Total liabilities | 10,279.9 | 9,444.5 |
| Commitments and contingencies (Note L) | ||
| EQUITY | ||
| Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued | — | — |
| Common stock, $.01 par value, 1,000,000,000 shares authorized, 402,848,342 shares issued and 324,027,360 shares outstanding at September 30, 2024 and 401,202,253 shares issued and 334,848,565 shares outstanding at September 30, 2023 | 4.0 | 4.0 |
| Additional paid-in capital | 3,490.7 | 3,432.2 |
| Retained earnings | 27,951.0 | 23,589.8 |
| Treasury stock, 78,820,982 shares and 66,353,688 shares at September 30, 2024 and 2023, respectively, at cost | (6,132.9) | (4,329.8) |
| Stockholders’ equity | 25,312.8 | 22,696.2 |
| Noncontrolling interests | 511.6 | 441.7 |
| Total equity | 25,824.4 | 23,137.9 |
| Total liabilities and equity | $36,104.3 | $32,582.4 |
| See accompanying notes to consolidated financial statements. | ||
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