DHI · 8-K · 20261029PR000119

Liquidity and Debt Position

HORTON D R INC /DE/ · 2026-10-29 · Importance 31 · Surprise 6 · In source text

Year-end total liquidity was $7.2 billion, while cash, cash equivalents and restricted cash totaled $2.115 billion, down from $3.033 billion a year earlier. Notes payable were $6.054 billion at September 30, 2026, compared with $5.966 billion in 2025, and debt to total capital was 20.8%. The company repaid $600 million principal amount of 1.3% homebuilding senior notes at maturity in October 2026 and reported no other senior note maturities in fiscal 2027. Fiscal 2026 operating cash flow was $3.507 billion.

Key facts

• D.R. Horton expects consolidated cash flow provided by operations of approximately $3.5 billion in fiscal 2027. source
• D.R. Horton repaid $600 million principal amount of its 1.3% homebuilding senior notes at maturity in October 2026. source
• D.R. Horton generated $3.5 billion of cash from operations in fiscal 2026 and returned $4.1 billion to shareholders through repurchases and dividends. source
• D.R. Horton's fiscal 2026 cash provided by operations was $3.5 billion. source
• D.R. Horton's total liquidity at fiscal 2026 year-end was $7.2 billion. source
• Over five years, D.R. Horton generated $14.0 billion of operating cash flow and returned all of it to shareholders through repurchases and dividends. source
• D.R. Horton's book value per share increased 4% to $85.14 in fiscal 2026. source
• D.R. Horton had no other senior note maturities in fiscal 2027. source

Impact estimates