HORTON D R INC DE
For the period ended Jan 21, 2025. Filed Jan 21, 2025.
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Jan 21, 2025 · Filed Jan 21, 2025
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DHI$152.28-3.4%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · SEGMENT INFORMATION
SEGMENT INFORMATION
| Homebuilding | Rental | Forestar | Financial Services | Eliminations and Other (1) | Consolidated | |
|---|---|---|---|---|---|---|
| (In millions) | ||||||
| Assets | ||||||
| Cash and cash equivalents | $2,547.9 | $113.0 | $132.0 | $238.6 | $18.6 | $3,050.1 |
| Restricted cash | 3.3 | 1.6 | — | 14.0 | — | 18.9 |
| Inventories: | ||||||
| Construction in progress and finished homes | 8,808.0 | — | — | — | (106.6) | 8,701.4 |
| Residential land and lots | 11,843.4 | — | 2,736.8 | — | (190.0) | 14,390.2 |
| Rental properties | — | 2,985.3 | — | — | 3.6 | 2,988.9 |
| 20,651.4 | 2,985.3 | 2,736.8 | — | (293.0) | 26,080.5 | |
| Mortgage loans held for sale | — | — | — | 1,794.4 | — | 1,794.4 |
| Deferred income taxes, net | 169.2 | (14.7) | — | — | (27.1) | 127.4 |
| Property and equipment, net | 492.1 | 1.3 | 6.8 | 3.9 | 20.1 | 524.2 |
| Other assets | 2,939.6 | 36.4 | 85.0 | 141.0 | 68.7 | 3,270.7 |
| Goodwill | 134.3 | — | — | — | 29.2 | 163.5 |
| $26,937.8 | $3,122.9 | $2,960.6 | $2,191.9 | $(183.5) | $35,029.7 | |
| Liabilities | ||||||
| Accounts payable | $1,112.7 | $268.6 | $78.6 | $0.1 | $(87.4) | $1,372.6 |
| Accrued expenses and other liabilities | 2,712.3 | 25.8 | 461.2 | 262.9 | (365.7) | 3,096.5 |
| Notes payable | 2,448.2 | 1,055.8 | 806.8 | 786.9 | — | 5,097.7 |
| $6,273.2 | $1,350.2 | $1,346.6 | $1,049.9 | $(453.1) | $9,566.8 | |
| Homebuilding | Rental | Forestar | Financial Services | Eliminations and Other (1) | Consolidated | |
|---|---|---|---|---|---|---|
| (In millions) | ||||||
| Assets | ||||||
| Cash and cash equivalents | $3,623.0 | $157.6 | $481.2 | $242.3 | $12.3 | $4,516.4 |
| Restricted cash | 4.8 | 2.2 | — | 20.6 | — | 27.6 |
| Inventories: | ||||||
| Construction in progress and finished homes | 8,986.1 | — | — | — | (110.3) | 8,875.8 |
| Residential land and lots | 11,044.9 | — | 2,266.2 | — | (189.7) | 13,121.4 |
| Rental properties | — | 2,902.4 | — | — | 3.6 | 2,906.0 |
| 20,031.0 | 2,902.4 | 2,266.2 | — | (296.4) | 24,903.2 | |
| Mortgage loans held for sale | — | — | — | 2,477.5 | — | 2,477.5 |
| Deferred income taxes, net | 211.6 | (14.7) | — | — | (29.4) | 167.5 |
| Property and equipment, net | 500.2 | 1.1 | 7.1 | 4.0 | 18.6 | 531.0 |
| Other assets | 2,976.5 | 74.5 | 85.6 | 212.3 | (31.3) | 3,317.6 |
| Goodwill | 134.3 | — | — | — | 29.2 | 163.5 |
| $27,481.4 | $3,123.1 | $2,840.1 | $2,956.7 | $(297.0) | $36,104.3 | |
| Liabilities | ||||||
| Accounts payable | $1,046.1 | $474.2 | $85.9 | $0.8 | $(261.5) | $1,345.5 |
| Accrued expenses and other liabilities | 2,552.0 | 67.8 | 452.8 | 234.6 | (290.5) | 3,016.7 |
| Notes payable | 2,926.8 | 750.7 | 706.4 | 1,533.8 | — | 5,917.7 |
| $6,524.9 | $1,292.7 | $1,245.1 | $1,769.2 | $(552.0) | $10,279.9 | |
(1)Amounts include the balances of the Company's other businesses and the elimination of intercompany transactions.
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