D.R. Horton is the largest homebuilder in the United States by homes closed, operating in 126 markets across 36 states. Its business encompasses homebuilding (92% of consolidated revenues of $34.3 billion in fiscal 2025), single-family and multi-family rental development, a majority-owned residential lot development company (Forestar Group, 62% owned), and financial services including mortgage origination and title insurance.
In fiscal 2025, the company closed 84,863 homes at an average price of $370,400, with homes ranging from approximately $250,000 to over $1,000,000 and targeting entry-level, move-up, active adult, and luxury buyers. DHI Mortgage originated or brokered 68,982 loans in fiscal 2025, selling substantially all mortgages and related servicing rights to third-party purchasers after origination.
Home Building Ops 92% · Forestar Group 5% · Rental 5% · Financial Services 2%
business segments · FY2025 (ended Sep 2025) · share of tagged segment revenue (10-K XBRL, as filed)
