DHI Stock Cash Flow Statements

D.R. Horton Quarterly Cash Flow Statements Chart

Quarterly

Annual

Stock-Based Compensation

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

Free Cash Flow

Capital Expenditure

D.R. Horton Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2005-12-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31

operating activities
net income	1,033,100,000	819,100,000	851,900,000	1,299,800,000	1,366,800,000	1,183,700,000	955,700,000	1,525,500,000	1,351,800,000	949,600,000	968,300,000	1,648,200,000	1,659,300,000	1,442,300,000	1,145,800,000	1,345,500,000	1,116,600,000	933,900,000	795,200,000	831,200,000	632,900,000	483,900,000	432,500,000	503,900,000	473,600,000	354,400,000	286,700,000	468,900,000	453,700,000	350,900,000	188,800,000	313,300,000	289,000,000	229,200,000	206,900,000	283,700,000	249,800,000	195,100,000	157,700,000	238,900,000	221,400,000	147,900,000	142,500,000	166,200,000	113,200,000	130,900,000	123,200,000	139,500,000	145,900,000	111,000,000	66,300,000	100,100,000	787,900,000	40,600,000	27,700,000	35,800,000	28,600,000	27,800,000	-20,400,000	-8,800,000	50,500,000	11,400,000	192,000,000	-231,900,000	310,100,000	241,000,000	349,633,000	251,296,000	188,557,000	185,614,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	25,200,000	24,600,000	24,100,000	23,600,000	22,400,000	21,100,000	20,000,000	21,400,000	23,700,000	26,700,000	19,800,000	21,200,000	20,900,000	19,900,000	19,400,000	17,200,000	17,400,000	18,900,000	20,400,000	23,000,000	18,600,000	19,800,000	19,000,000	19,600,000	18,300,000	17,200,000	16,900,000	15,800,000	13,500,000	16,900,000	16,200,000	14,300,000	13,100,000	12,900,000	14,400,000	19,600,000	13,800,000	14,000,000	13,600,000	14,400,000	14,300,000	13,100,000	12,300,000	11,800,000	9,900,000	8,900,000	7,800,000	6,700,000	5,900,000	5,300,000	4,800,000												4,900,000	5,000,000	12,700,000	14,000,000	15,216,000	12,506,000	10,402,000	11,476,000
stock-based compensation expense	25,900,000	32,200,000	43,000,000	25,400,000	26,800,000	25,000,000	40,900,000	30,600,000	29,300,000	28,400,000	22,900,000	25,700,000	24,800,000	30,900,000	23,700,000	21,700,000	22,600,000	25,400,000	21,700,000	18,600,000	21,300,000	21,300,000	16,600,000	19,300,000	18,000,000	17,800,000	18,100,000
deferred income taxes	8,100,000	53,000,000	40,100,000	-10,900,000	10,000,000	8,600,000	11,300,000	-65,200,000	-9,400,000	25,500,000	3,200,000	14,800,000	-9,300,000	5,900,000	17,700,000	-7,900,000	-4,700,000	-300,000	2,900,000	13,100,000	-9,000,000	2,800,000	7,200,000	8,400,000	-900,000	8,700,000	3,900,000	10,600,000	15,300,000	18,700,000	126,300,000	18,800,000	67,900,000	15,800,000	8,300,000	28,600,000	17,100,000	16,200,000	13,400,000	-17,600,000	3,300,000	5,100,000	12,300,000	13,600,000	-12,900,000	8,600,000	8,100,000	51,400,000	40,800,000	3,500,000	35,200,000	7,200,000												165,400,000
inventory and land option charges	54,200,000	30,000,000	16,600,000	44,400,000	14,800,000	13,500,000	6,100,000	18,100,000	10,800,000	23,900,000	27,500,000	39,800,000	10,600,000	15,200,000	4,800,000	11,000,000	5,500,000	3,800,000	8,300,000	6,000,000	5,000,000	9,000,000	3,800,000	13,000,000	19,200,000	13,800,000	8,000,000	7,600,000	9,000,000	30,100,000	3,700,000	20,300,000	5,400,000	12,200,000	2,300,000	15,400,000	8,100,000	5,900,000	2,000,000	26,300,000	15,400,000	12,600,000	6,000,000	21,300,000	56,800,000	4,500,000	2,600,000	27,100,000
changes in operating assets and liabilities:
increase in construction in progress and finished homes					-153,900,000	-242,700,000	-466,400,000					1,004,900,000	-926,500,000	-1,133,700,000	-1,003,700,000	4,800,000	-443,900,000	-704,600,000	-591,200,000	-136,800,000	122,100,000	-389,600,000	-334,800,000		362,200,000	-254,900,000	-500,300,000	107,800,000	-76,100,000	-212,200,000	-302,300,000	286,500,000	-267,400,000	-357,200,000	-246,300,000	382,900,000	-226,300,000	-362,500,000	-290,300,000		123,500,000	-196,100,000	-179,500,000	-158,800,000	-423,000,000	-142,400,000	-194,000,000	-123,200,000	-258,600,000	-206,700,000	-226,800,000	-70,600,000	-132,600,000			56,800,000	-99,900,000								-458,900,000
increase in residential land and lots –developed, under development, held for development and held for sale	107,800,000	-345,400,000	-1,243,500,000		-641,000,000	-433,300,000	-937,800,000		-246,300,000	-31,200,000	-637,500,000		-476,700,000	-187,700,000	-340,700,000		-374,600,000	-258,400,000	-716,800,000		-37,700,000
increase in rental properties	-14,800,000	-129,500,000	-86,500,000	161,100,000	11,200,000	-130,400,000	-256,500,000	625,500,000	-88,100,000	-332,200,000	-357,000,000	-593,600,000	-473,700,000	-336,400,000	-319,500,000	-107,600,000
increase in other assets	-13,600,000			-177,000,000			-130,000,000					-334,200,000	-160,600,000	-394,900,000	-221,800,000	-72,500,000	-72,000,000	-170,300,000	-124,900,000	-88,500,000	90,900,000			-23,500,000	-98,200,000	-5,900,000	-34,000,000	-76,000,000				-34,200,000	400,000	-25,000,000	-4,900,000	-11,700,000				-26,600,000	7,900,000	-8,200,000	-2,900,000									-33,500,000	-6,900,000										-10,100,000
increase in mortgage loans held for sale					93,600,000			-105,500,000				-303,600,000	160,300,000															-116,400,000	-21,700,000							-8,900,000				-62,600,000	-50,800,000			-57,700,000				-36,900,000	36,100,000			-50,200,000	2,200,000			-7,900,000				62,300,000	-79,000,000
increase in accounts payable, accrued expenses and other liabilities			71,000,000				127,500,000	236,700,000	64,900,000	68,900,000	-472,300,000	-900,000	442,700,000	287,500,000	306,200,000	109,400,000	-82,400,000	563,500,000	254,600,000	152,600,000	260,900,000	58,100,000	94,600,000	-22,400,000	88,900,000	-29,100,000	88,800,000	23,500,000			24,800,000	-40,500,000			22,800,000	-35,600,000				38,900,000				117,500,000	118,100,000			-3,100,000	80,100,000			70,700,000					31,000,000				-28,600,000
net cash from operating activities	738,600,000	-436,200,000	646,700,000	1,961,600,000	698,300,000	-316,700,000	-153,400,000	2,043,000,000	787,500,000	644,500,000	829,100,000	1,124,600,000	271,800,000	-660,500,000	-174,100,000	568,900,000	120,400,000	97,200,000	-252,100,000	832,700,000	984,000,000	-281,300,000	-113,800,000	811,400,000	542,400,000	-88,600,000	-373,100,000	238,700,000	405,300,000	-23,800,000	-75,000,000	625,900,000	-50,000,000	-107,500,000	-33,300,000	529,400,000	61,700,000	28,400,000	-1,500,000	511,800,000	357,400,000	-39,800,000	-129,000,000	-86,300,000	-308,200,000	-259,400,000	-7,500,000	-94,800,000	-296,000,000	-183,800,000	-656,500,000	-120,900,000	-94,600,000	-79,300,000	-3,300,000	90,200,000	-54,200,000	-70,600,000	49,500,000	122,300,000	159,300,000	207,800,000	220,000,000	39,200,000	-1,012,600,000	-559,100,000	140,508,000	-103,409,000	-307,439,000	-152,160,000
capex	-46,000,000	-34,300,000	-13,300,000	-32,000,000	-62,000,000	-23,700,000	-47,600,000	-40,300,000	-29,100,000	-31,700,000	-47,500,000	-40,200,000	-35,500,000	-41,600,000	-30,900,000	-47,500,000	-15,500,000	-11,100,000	5,500,000	-29,700,000	-17,200,000	-25,100,000	-13,900,000	-21,900,000	-35,500,000	-49,600,000	-20,200,000	42,000,000	-31,100,000	-34,600,000	-44,400,000	0	-46,000,000	-35,300,000	-22,200,000	-20,900,000	-24,800,000	-20,300,000	-20,100,000	-12,800,000	-19,300,000	-12,700,000	-11,300,000	-50,300,000	-17,100,000	-14,500,000	-18,300,000	-17,400,000	-15,300,000	-11,300,000	-14,000,000	-9,800,000	-18,300,000	-3,100,000	-2,400,000	-3,500,000	-4,600,000	-4,500,000	-3,700,000	-3,600,000	-7,900,000	-5,200,000	-2,500,000	0	-18,400,000	-14,100,000	-15,943,000	-14,642,000	-13,400,000	-11,215,000
free cash flows	692,600,000	-470,500,000	633,400,000	1,929,600,000	636,300,000	-340,400,000	-201,000,000	2,002,700,000	758,400,000	612,800,000	781,600,000	1,084,400,000	236,300,000	-702,100,000	-205,000,000	521,400,000	104,900,000	86,100,000	-246,600,000	803,000,000	966,800,000	-306,400,000	-127,700,000	789,500,000	506,900,000	-138,200,000	-393,300,000	280,700,000	374,200,000	-58,400,000	-119,400,000	625,900,000	-96,000,000	-142,800,000	-55,500,000	508,500,000	36,900,000	8,100,000	-21,600,000	499,000,000	338,100,000	-52,500,000	-140,300,000	-136,600,000	-325,300,000	-273,900,000	-25,800,000	-112,200,000	-311,300,000	-195,100,000	-670,500,000	-130,700,000	-112,900,000	-82,400,000	-5,700,000	86,700,000	-58,800,000	-75,100,000	45,800,000	118,700,000	151,400,000	202,600,000	217,500,000	39,200,000	-1,031,000,000	-573,200,000	124,565,000	-118,051,000	-320,839,000	-163,375,000
investing activities
expenditures for property and equipment	-46,000,000	-34,300,000	-13,300,000	-32,000,000	-62,000,000	-23,700,000	-47,600,000	-40,300,000	-29,100,000	-31,700,000	-47,500,000	-40,200,000	-35,500,000	-41,600,000	-30,900,000	-47,500,000	-15,500,000	-14,200,000	-16,300,000	-29,700,000	-19,200,000	-26,000,000	-21,600,000	-21,900,000	-35,500,000	-49,600,000	-20,200,000	42,000,000	-31,100,000	-34,600,000	-44,400,000
proceeds from sale of assets				4,500,000	5,000,000	0	9,900,000									0	5,800,000	0	31,800,000	0	0	67,000,000	62,800,000	0	60,000,000	73,400,000	10,400,000	31,800,000	7,700,000
payments related to business acquisitions, net of cash acquired	0	-2,100,000	-51,000,000	-2,500,000	-36,900,000	0	-1,000,000	-10,900,000			-97,100,000	0												-4,900,000	-1,300,000	-16,600,000	-293,000,000	-1,100,000	0
other investing activities	-1,400,000	-1,000,000	7,200,000	500,000	-1,200,000	-3,000,000	-600,000	-2,500,000	-300,000	400,000	1,700,000	-1,800,000	2,800,000	-600,000	4,400,000
net cash from investing activities	-29,000,000	-37,400,000	-57,100,000	-29,500,000	-95,100,000	-26,700,000	-39,300,000	-1,700,000	-127,900,000	-37,700,000	-142,900,000	-42,000,000	-304,200,000	-42,200,000	-26,500,000	-45,300,000	-10,800,000	-104,700,000	-91,400,000	-65,700,000	-65,800,000	-16,800,000	-17,800,000	-67,700,000	-5,200,000	-10,700,000	-310,400,000	37,300,000	-27,200,000	190,700,000	-198,200,000	-50,000,000	-47,600,000	-42,100,000	-31,300,000	-85,400,000	-20,500,000	15,500,000	-22,200,000	39,400,000	-105,500,000	-15,400,000	-13,900,000	-64,400,000	-146,700,000	-13,700,000	-57,300,000	-28,100,000	-29,000,000	85,800,000	152,200,000	-130,200,000	-5,700,000	-1,600,000	-800,000	-4,800,000	-16,800,000	-500,000	2,800,000	600,000	-116,700,000	-201,500,000	-400,000		-18,400,000	-14,100,000	-15,943,000	-14,642,000	-13,400,000	-11,215,000
financing activities
proceeds from notes payable	790,000,000	1,562,000,000	660,000,000	816,300,000	285,000,000	265,000,000	720,000,000	136,000,000	0	275,000,000	300,000,000	1,625,000,000	1,875,000,000			627,500,000	420,000,000	0	494,100,000	-200,000	755,000,000	1,095,600,000	495,700,000	0	713,200,000	1,236,700,000	578,300,000	-800,000	250,700,000	799,700,000	1,113,900,000	134,600,000					8,700,000			29,900,000	210,500,000	860,300,000	490,000,000	741,300,000	189,300,000			415,900,000	-26,000,000	818,000,000	100,000,000	388,300,000	330,300,000	17,800,000	29,500,000	200,000				-66,000,000				0	958,900,000	108,000,000	765,052,000	907,787,000	901,326,000	305,335,000
repayment of notes payable	-325,000,000	-810,700,000	-755,400,000	-415,400,000	-240,400,000	-230,000,000	-170,000,000	-1,148,500,000	-25,400,000	-350,000,000	-300,000,000	-1,750,000,000	-1,300,400,000	-750,200,000	-600,000	-33,500,000	-392,700,000	0	-400,100,000	-3,400,000	-760,600,000			-150,000,000	-1,005,100,000	-1,254,900,000	-276,100,000	-2,200,000	-427,000,000	-926,700,000	-825,800,000	-193,900,000	-996,900,000	-200,000	-54,300,000	-5,800,000	-373,300,000	-89,600,000	-81,000,000	-22,700,000	-335,200,000	-647,400,000	-450,900,000	-523,000,000	-110,300,000	-107,800,000	-55,800,000	-3,000,000	-171,700,000	-152,000,000	-18,400,000	-3,000,000	-1,600,000	-300,000	-12,600,000	-182,800,000	-149,900,000	-57,600,000	-129,000,000	-131,100,000	-353,200,000	-301,900,000	-233,700,000	-81,200,000	-795,200,000	-229,000,000	-1,042,063,000	-750,826,000	-711,874,000	-555,037,000
borrowings on mortgage repurchase facilities
proceeds from stock associated with certain employee benefit plans	0			8,400,000	0	10,600,000	1,600,000	6,800,000	5,800,000	7,400,000	5,500,000	6,300,000	4,700,000	5,000,000	17,200,000	7,200,000	9,900,000	4,700,000	900,000	8,400,000	2,100,000	8,800,000	4,100,000	15,900,000	4,500,000	13,700,000	8,600,000	11,200,000	3,500,000	18,100,000	14,600,000	12,400,000	9,600,000	21,900,000	2,800,000	10,600,000	33,400,000	11,400,000	17,000,000	37,800,000	3,000,000	16,400,000	4,600,000	2,100,000	13,500,000	26,300,000	3,300,000	1,800,000	10,200,000	15,600,000	2,100,000	20,600,000	8,700,000	17,000,000	4,600,000	700,000	1,500,000	700,000	500,000	3,000,000	600,000	2,000,000	2,000,000	2,400,000	4,900,000	6,200,000	3,874,000	1,134,000	5,225,000	5,167,000
cash paid for shares withheld for taxes	-800,000	-35,800,000	-27,600,000	-1,000,000	-1,300,000	-44,100,000	-37,500,000	-200,000	-100,000	-30,100,000	-25,700,000	-200,000	-100,000	-28,700,000	-33,000,000	0	4,400,000	-56,600,000	-26,300,000	0	-100,000	-20,800,000	-17,300,000	-200,000	0	-15,400,000	-4,100,000	0	0	0	-10,300,000
cash dividends paid	-122,400,000	-125,500,000	-128,500,000	-97,700,000	-98,400,000	-99,200,000	-99,900,000	-84,300,000	-85,200,000	-85,600,000	-86,100,000	-78,100,000	-79,200,000	-79,100,000	-80,100,000	-71,600,000	-72,100,000	-72,700,000	-72,900,000	-63,700,000	-63,600,000	-64,100,000	-64,600,000	-55,500,000	-56,000,000	-55,900,000	-56,000,000	-47,100,000	-47,200,000	-47,100,000	-47,000,000	-37,400,000	-37,500,000	-37,400,000	-37,300,000	-29,800,000	-29,700,000	-29,600,000	-29,600,000	-23,000,000	-22,900,000	-22,900,000	-22,800,000	-22,800,000	-13,700,000			0	0	0	-60,200,000	-12,000,000	-12,000,000	-11,900,000	-11,900,000	-11,900,000	-11,900,000	-12,000,000	-12,000,000	-11,900,000	-12,000,000	-11,900,000	-11,900,000	-11,900,000	-28,200,000	-18,700,000
repurchases of common stock	-1,168,400,000	-1,352,200,000	-1,055,700,000	-557,200,000	-435,800,000	-417,600,000	-376,900,000	-418,900,000	-339,800,000	-301,700,000	-118,100,000	-271,800,000	-289,900,000	-266,000,000	-303,800,000	-187,000,000	-241,200,000	-366,400,000	-53,800,000	0	0	-197,300,000	-163,100,000	-118,300,000	-145,300,000	-75,600,000	-140,600,000	-52,600,000	-27,000,000	-22,500,000	-25,400,000	0
net proceeds from issuance of forestar common stock				0	0							0	0	1,600,000	100,000	900,000	9,300,000
net other financing activities	7,000,000	15,900,000	-10,500,000	-3,900,000	6,900,000	-16,500,000	-10,200,000	-24,100,000	-12,200,000	-700,000	-17,800,000	62,200,000	-9,300,000
net cash from financing activities	-562,800,000	-77,300,000	-2,064,600,000	-408,100,000	-676,600,000	92,200,000	-362,800,000	-1,549,200,000	-326,200,000	-144,700,000	-646,600,000	-194,000,000	27,600,000	-72,800,000	-572,000,000	744,500,000	-372,400,000	-235,500,000	-221,700,000	-99,600,000	-82,800,000	239,500,000	213,500,000	-115,000,000	-383,100,000	62,200,000	-54,200,000	18,900,000	-210,700,000	-76,400,000	185,700,000	-80,500,000	-383,200,000	-7,500,000	-88,300,000	-47,600,000	-358,500,000	-88,500,000	-91,400,000	27,000,000	-144,000,000	211,900,000	22,100,000	196,600,000	78,500,000	404,400,000	-51,600,000	421,400,000	-187,500,000	681,600,000	23,500,000	393,900,000	325,400,000	22,600,000	9,600,000	-193,800,000	-169,100,000	-68,900,000	-140,500,000	-206,100,000	-289,700,000	-302,900,000	-240,700,000	-91,000,000	106,400,000	412,200,000	153,347,000	139,451,000	375,372,000	-255,370,000
net decrease in cash, cash equivalents and restricted cash	146,800,000	-550,900,000	-1,475,000,000										-4,800,000	-775,500,000	-772,600,000
cash, cash equivalents and restricted cash at beginning of period	0	0	4,544,000,000		0	0	3,900,100,000		0	0	2,572,900,000		0	0	3,237,200,000		0	0	3,040,100,000		0	0	1,514,000,000		0	0	1,506,000,000
cash, cash equivalents and restricted cash at end of period	146,800,000	-550,900,000	3,069,000,000		-73,400,000	-251,200,000	3,344,600,000		333,400,000	462,100,000	2,612,500,000		-4,800,000	-775,500,000	2,464,600,000		-262,800,000	-243,000,000	2,474,900,000		835,400,000	-58,600,000	1,595,900,000		154,100,000	-37,100,000	768,300,000
supplemental disclosures of non-cash activities:
notes payable issued for inventory					24,500,000	-3,000,000	21,900,000		23,300,000	0	31,200,000		0	0	64,300,000			0	12,500,000						2,800,000							0	0			0	1,300,000	0	2,900,000	1,600,000	0	2,600,000	5,500,000					0	0	0	11,400,000														35,300,000	3,800,000		18,576,000
reduction of notes payable upon deconsolidation of variable interest entity
stock issued under employee incentive plans	3,700,000	72,200,000	71,300,000		21,900,000	84,800,000	66,500,000		3,400,000	60,500,000	46,900,000		5,600,000	58,200,000	66,200,000			69,800,000	44,700,000		100,000	52,500,000	31,800,000		100,000	39,600,000	9,400,000		300,000	49,500,000	13,900,000	100,000	100,000	24,600,000	7,100,000	200,000	200,000	11,600,000	8,100,000	0	0	0	8,300,000	0	0	0	5,500,000	0	0	0	3,900,000
repurchases of common stock not settled			45,500,000				18,300,000
see accompanying notes to consolidated financial statements.
decrease (increase) in construction in progress and finished homes		48,100,000	181,700,000					285,600,000	38,900,000	216,600,000	320,700,000
decrease (increase) in mortgage loans held for sale																																41,400,000
decrease in accounts payable, accrued expenses and other liabilities					129,600,000																																	8,400,000	-52,700,000			3,100,000	-43,500,000				-14,100,000				-12,800,000			42,400,000	-44,400,000				-54,400,000				-16,100,000	62,600,000
(repayment) borrowings on mortgage repurchase facilities
decrease (increase) in other assets			65,200,000					-218,300,000	-97,700,000	9,600,000	330,200,000												2,000,000							100,000	4,300,000							6,400,000	30,200,000					-26,000,000															8,800,000
decrease in mortgage loans held for sale			683,100,000				475,800,000				603,300,000				194,000,000												174,200,000				49,100,000			-30,200,000	105,700,000				106,600,000				23,100,000				95,300,000				37,400,000				18,200,000				65,300,000				56,100,000	1,900,000	451,600,000	89,700,000
repayment on mortgage repurchase facilities			-746,900,000
increase in residential land and lots — developed, under development, held for development and held for sale
net increase in cash, cash equivalents and restricted cash				1,524,000,000	-73,400,000	-251,200,000	-555,500,000	492,100,000	333,400,000	462,100,000	39,600,000					1,268,100,000	-262,800,000	-243,000,000	-565,200,000	667,400,000	835,400,000	-58,600,000	81,900,000	628,700,000	154,100,000
cash, cash equivalents and restricted cash at beginning of year
cash, cash equivalents and restricted cash at end of year
decrease in other assets																																														13,000,000	26,100,000			3,000,000	22,800,000				4,500,000	-10,600,000	-7,700,000				-4,800,000
borrowings (payments) on mortgage repurchase facilities
payments on mortgage repurchase facilities							-389,900,000
gain on sale of assets																0	0	0	-14,000,000	0	0	-28,400,000	-31,100,000	0	-22,600,000	-29,300,000	-2,000,000	-4,300,000	0
loss on extinguishment of debt																0
expenditures related to rental properties																0	0	-87,700,000	-86,200,000	-36,700,000	-40,600,000	-53,400,000	-59,600,000
borrowings on mortgage repurchase facility
borrowings (payments) on mortgage repurchase facility
payments related to business acquisitions																	-200,000	-1,200,000	-23,000,000		-2,900,000	-4,900,000	-700,000
(payments) borrowings on mortgage repurchase facility
payments on mortgage repurchase facility											-404,400,000				-234,600,000				-163,500,000				-38,600,000				-163,800,000				-32,600,000
advances on mortgage repurchase facility																				-40,300,000	-13,600,000				105,800,000
repurchase of common stock not settled																			16,000,000
other financing activities															62,800,000	0	-100,000			-400,000	-1,700,000	0	-2,300,000
amortization of discounts and fees																1,300,000	2,100,000	2,300,000	2,500,000	2,400,000	2,000,000	2,700,000	3,100,000	2,800,000	3,000,000	2,500,000	2,600,000	3,600,000	3,900,000	1,200,000	1,200,000	1,100,000	1,300,000	1,300,000	1,300,000	1,300,000	1,300,000	1,400,000	1,400,000	1,500,000	1,400,000	1,400,000	1,300,000	2,000,000	4,600,000	10,500,000	10,300,000	10,000,000	9,800,000	9,500,000	10,400,000	10,500,000	10,200,000	9,900,000	9,800,000	9,600,000	9,500,000	9,100,000	9,000,000	8,600,000	8,100,000
equity in earnings of unconsolidated entities																0	0	-100,000	-900,000	-100,000	300,000	-400,000	-500,000	0	0	100,000	-600,000	300,000	-400,000	-400,000	-2,300,000
distributions to noncontrolling interests																0	0	0	-100,000	0	-300,000	0	-400,000	0	-200,000	-3,200,000	-500,000	-1,000,000	-200,000	-300,000	-1,700,000
net increase in mortgage loans held for sale																	111,700,000			-26,300,000	-123,300,000
return of investment in unconsolidated entities																	0	100,000	2,100,000	1,900,000	0	500,000	1,900,000	0	0	0	4,400,000	2,000,000	300,000	200,000	15,000,000
net principal increase of other mortgage loans and real estate owned																	-900,000			0	-3,100,000	0	-600,000	-300,000	-400,000	-1,000,000	-600,000	-400,000										1,700,000	-2,100,000	-2,600,000	-1,400,000	-1,900,000	-3,000,000	-2,800,000	-1,100,000	-500,000	-1,200,000	-1,500,000			-200,000
(payments) advances on mortgage repurchase facility
accrued expenditures for property and equipment																		3,100,000	21,800,000		2,000,000	900,000	7,700,000
accrual for holdback payments related to acquisitions																		-1,200,000	2,600,000
net decrease in mortgage loans held for sale																			90,100,000				46,900,000
net principal decrease (increase) of other mortgage loans and real estate owned																			200,000															0	1,000,000	15,400,000
distributions of earnings of unconsolidated entities																								0	0	0	500,000	1,800,000	0	0	200,000
proceeds from debt securities collateralized by residential real estate
accrual for holdback payment related to acquisition																					-2,000,000	-5,600,000	9,500,000		-1,300,000	-11,400,000	27,700,000
increase in residential land and lots – developed, under development, held for development and held for sale																							-373,100,000		-160,600,000	-9,700,000	-435,900,000		-88,300,000	-86,300,000	-185,200,000		-255,900,000	56,300,000	-152,600,000						-49,500,000	39,600,000	-110,800,000
excess income tax benefit from employee stock awards																																-3,800,000	-1,800,000	-8,200,000	-500,000	-3,700,000	-2,400,000	-1,700,000	-2,200,000	-5,000,000	-600,000	-5,500,000	-1,200,000	1,000,000	300,000
proceeds from (purchases of) debt securities collateralized by residential real estate
advances (payments) on mortgage repurchase facility
expenditures related to multi-family rental properties																									-28,000,000	-16,900,000	-11,400,000
decrease in cash, cash equivalents and restricted cash																											-737,700,000
goodwill impairment
increase in restricted cash																												25,800,000	-3,300,000	-1,700,000	-37,200,000	2,900,000	-1,000,000	-2,900,000	-6,000,000		-400,000			1,000,000	-1,300,000					1,300,000	-3,300,000	-9,200,000	-14,100,000	300,000	-5,500,000													6,800,000
increase in cash and cash equivalents																												294,900,000	167,400,000							396,400,000	-317,300,000			578,200,000	107,900,000							298,500,000	-512,500,000	583,600,000	-480,800,000	142,800,000			5,500,000					-83,200,000	-247,100,000	-296,600,000	-21,100,000	-45,000,000
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
stock based compensation expense																													15,300,000	17,400,000	13,600,000		14,300,000	16,800,000	9,300,000		12,500,000	13,900,000	10,400,000	10,500,000	9,300,000	11,000,000	11,400,000	8,600,000	6,800,000	5,400,000	5,400,000	5,900,000	5,500,000	4,100,000	3,500,000	3,800,000	4,200,000	5,100,000	5,000,000	4,300,000	3,300,000	3,200,000	3,400,000
investment in unconsolidated entities																													0	0	-100,000
purchases of debt securities collateralized by residential real estate																																								0									0	0	-18,600,000
cash and cash equivalents at beginning of period																													0	0	1,007,800,000		0	0	1,303,200,000		0	0	1,383,800,000		0	0	661,800,000		0	0	936,500,000		0	0	1,047,700,000		0	0	732,600,000		0	0	1,309,300,000		0	0	1,957,300,000
cash and cash equivalents at end of period																													167,400,000	90,500,000	920,300,000		-480,800,000	-157,100,000	1,150,300,000		-317,300,000	-44,600,000	1,268,700,000		107,900,000	156,700,000	541,000,000		-376,400,000	131,300,000	820,100,000		-512,500,000	583,600,000	566,900,000		225,100,000	-58,300,000	738,100,000		-240,100,000	-140,000,000	1,221,100,000		-247,100,000	-296,600,000	1,936,200,000
net principal decrease of other mortgage loans and real estate owned																															100,000
gain on sale of rental properties																															-13,400,000
proceeds from sale of rental properties																															24,800,000
payments related to acquisition of a business, net of cash acquired																															-156,400,000
decrease in cash and cash equivalents																															-87,500,000		-480,800,000	-157,100,000	-152,900,000				-115,100,000				-120,800,000				-116,400,000										-240,100,000	-140,000,000	-88,200,000
gain on sale of debt securities collateralized by residential real estate																																				0	0
proceeds from the sale of property and equipment to a related party
(purchases of) proceeds from debt securities collateralized by residential real estate																																0	-4,900,000
payments related to acquisition of a business																																0	0	0	-4,100,000					-2,200,000				-21,400,000	-188,200,000	0	-34,500,000
supplemental cash flow information:
income taxes paid
purchases of property and equipment																																	-46,000,000	-35,300,000	-22,200,000	-20,900,000	-24,800,000	-20,300,000	-20,100,000	-12,800,000	-19,300,000	-12,700,000	-11,300,000	-50,300,000	-17,100,000	-14,500,000	-18,300,000	-17,400,000	-15,300,000	-11,300,000	-14,000,000	-9,800,000	-18,300,000	-3,100,000	-2,400,000	-3,500,000	-4,600,000	-4,500,000	-3,700,000	-3,600,000	-7,900,000	-5,200,000	-2,500,000	0
decrease (increase) in restricted cash																																											400,000	10,100,000												1,300,000
proceeds from sale (purchases) of debt securities collateralized by residential real estate																																				0
conversion of 2% convertible senior notes into equity																																												0
notes payable assumed to purchase land investment
note receivable related to sale of land																																												0
decrease (increase) in residential land and lots – developed, under development, held for development and held for sale																																					-84,600,000	227,500,000	8,400,000
proceeds from sale of debt securities collateralized by residential real estate
decrease in restricted cash																																																					-800,000	3,900,000	4,500,000			1,200,000	7,500,000			2,800,000	2,100,000
gain on sale of marketable securities																																																0	0	0	-200,000	0	0			0	0	0	-100,000
decrease in income taxes receivable																																																			14,400,000					1,600,000	0				-3,200,000
purchases of marketable securities																																																0	0	-2,100,000	-26,800,000	-52,100,000	-25,900,000	-138,400,000	-24,400,000	-40,400,000	-73,800,000	-62,600,000	-123,300,000
proceeds from the sale or maturity of marketable securities																																																0	0	98,700,000	226,700,000	36,000,000	39,300,000	136,000,000	21,500,000	37,800,000	67,000,000	65,400,000	122,300,000
principal payments received on debt securities collateralized by residential real estate																																																0
interest paid, net of amounts capitalized
gain on early retirement of debt																																																										2,700,000	1,500,000	-1,800,000	8,300,000	0	-1,600,000
decrease (increase) in income taxes receivable																																																0	0										1,700,000
purchase of debt securities collateralized by residential real estate
notes payable assumed to purchase long-term land investment
increase in residential land and lots – developed, under development, and held for development																																													-101,000,000	-149,500,000	-77,300,000		-329,400,000	-104,300,000	-612,800,000		-94,900,000	-72,700,000	-40,100,000			40,900,000	-45,500,000
income tax benefit from employee stock awards																																															-900,000
(gain) loss on early retirement of debt																																																				0	0	0	-100,000									500,000
increase in residential land and lots — developed, under development, and held for development
purchase of treasury stock																																																								0									-36,800,000
income taxes paid (refunded)
payment related to acquisition of a business																																																	0	0	-9,400,000
inventory impairments and land option cost write-offs																																																		1,900,000	1,300,000	1,500,000	2,500,000	800,000	1,400,000	12,800,000	9,900,000	14,300,000	8,400,000	30,800,000	30,300,000	2,400,000	1,200,000	192,500,000
adjustments to reconcile net income to net cashprovided by operating activities:
depreciation																																																				4,400,000	4,600,000	4,800,000	5,000,000	5,000,000	5,000,000	5,000,000	4,900,000	4,500,000	4,000,000
income tax benefit from stock option exercises																																																												100,000	0	0	-2,900,000
increase in residential land and lots —developed, under development, and held for development
increase in income taxes receivable																																																				-1,500,000	0										-88,600,000
acquisition of a business
stock issued under performance unit plan
decrease in construction in progress and finished homes																																																							9,700,000				66,900,000	129,400,000			65,200,000	-50,600,000
decrease (increase) in residential land and lots — developed, under development, and held for development
income taxes refunded
loss on early retirement of debt
decrease in residential land and lots – developed, under development, and held for development																																																													-47,200,000
stock option compensation expense																																																												3,600,000	3,200,000	3,300,000	3,200,000	3,700,000	2,500,000
proceeds from the sale of marketable securities
income taxes (refunded) paid
purchases of marketable securities, available-for-sale																																																													-100,300,000
net proceeds from mortgage repurchase facility
amortization of debt discounts and fees																																																															6,900,000	1,400,000
decrease in residential land and lots — developed, under development, and held for development																																																															9,800,000	71,700,000
decrease in earnest money deposits and other assets
cash from investing activities
amortization of debt premiums, discounts and fees																																																																	1,100,000	1,000,000		909,000	3,799,000	258,000
increase in earnest money deposits and other assets																																																																	-67,400,000	-40,000,000	-55,755,000	-11,290,000
decrease (increase) in residential land and lots – developed, under development, and held for development
proceeds from notes payable and repurchase agreement
increase in book overdraft
supplemental disclosures of noncash activities:
loss on redemption of senior and senior subordinated notes
decrease (increase) in earnest money deposits and other assets
loss on redemption of 9.375% senior notes
income tax benefit from exercise of stock options																																																																	-2,800,000
increase in residential land and lots — developed, under development and held for development
increase in accounts payable and other liabilities																																																																			117,201,000
net purchases of property and equipment																																																																	-18,400,000	-14,100,000	-15,943,000	-14,642,000	-13,400,000	-11,215,000
increase in residential land and lots – developed, under development and held for development																																																																	-1,119,600,000
decrease in accounts payable and other liabilities																																																																	-141,900,000	-23,200,000
decrease in cash																																																																	-924,600,000	-161,000,000
cash at beginning of period																																																																	1,149,800,000	518,000,000		0
cash at end of period																																																																	225,200,000	357,000,000		21,400,000
denominator for basic earnings per share— weighted-average shares																																																																	312,900,000	233,500,000
effect of dilutive securities:
employee stock options																																																																	4,700,000	4,300,000		-252,000
denominator for diluted earnings per share— adjusted weighted-average shares																																																																	317,600,000	237,800,000
increase in cash																																																																			277,912,000	21,400,000	54,533,000	-418,745,000
cash at beginning of year
cash at end of year
basis of presentation
increase in inventories																																																																		-841,600,000	-77,050,000	-498,786,000
issuance of senior notes payable																																																																		545,700,000		0
increase in consolidated land inventory not owned																																																																		80,500,000
net cash paid for acquisitions
issuance of senior and senior subordinated notes payable
repurchase of treasury stock
payment of cash dividends																																																																				-18,644,000	-18,745,000	-10,835,000
numerator:
interest expense and amortization of issuance costs associated with zero coupon convertible senior notes, net of applicable income taxes
numerator for diluted earnings per share after assumed conversion
denominator:
denominator for basic earnings per share- weighted-average shares
zero coupon convertible senior notes
denominator for diluted earnings per share- adjusted weighted-average shares
decrease in consolidated land inventory not owned
net (investments in) distributions from venture capital entities
net income, as previously reported
amortization of goodwill, net of income taxes of 3,588
net income, as adjusted
net income per share
basic
diluted
adjustments to reconcile net income to net cash provided by operating activities:
amortization of debt premiums and fees
increase in earnest money deposits and other assets
net investments in venture capital entities
issuance of senior and senior subordinated notes payable
proceeds from stock associated with certain employee benefit plans
proceeds from exercise of stock options
capitalized interest, beginning of year
interest incurred— homebuilding
interest expensed
directly— homebuilding
amortized to cost of sales
capitalized interest, end of year

We provide you with 20 years of cash flow statements for D.R. Horton stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of D.R. Horton stock. Explore the full financial landscape of D.R. Horton stock with our expertly curated income statements.

The information provided in this report about D.R. Horton stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.