D.R. Horton Inc

DHI: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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D.R. Horton Earnings: Management Expects Demand to Remain Steady but Full Recovery Will Take Time

David Whiston

Apr 21, 2026

D.R. Horton saw strong second-quarter results, with revenue and margins in line with guidance despite elevated gas prices and weary consumer sentiment. Homes closed grew by 1% year over year, and orders rose 11%, though homebuilding gross margin fell 170 basis points to 20.1% on higher incentives.

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D.R. Horton Inc

D.R. Horton Earnings: Management Expects Demand to Remain Steady but Full Recovery Will Take Time

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