D.R. Horton (DHI) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased compared to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2024 Q1
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.7B
Revenue reported for this quarter.
Quarter-over-quarter
-26.4%
Change from the immediately preceding quarter.
Year-over-year
+6.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$35.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $8B | -0.3% |
| Jun 30, 2023 | $9.7B | +10.7% |
| Sep 30, 2023 | $10.5B | +9.0% |
| Dec 31, 2023 | $7.7B | +6.5% |
Revenue performance
The reported revenue moved downward sequentially, reversing the growth trend observed in the prior quarter.
Quarterly comparison
The quarter-over-quarter decrease contrasts with the year-over-year increase, signaling a moderation from the elevated level of the previous quarter.
What to watch
Watch whether the sequential decline persists or stabilizes in the coming quarters.