D.R. Horton (DHI) Revenue — Quarter Ended Mar 31, 2024
Revenue increased from the same quarter one year earlier. It also grew compared with the immediately preceding quarter.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q2
Revenue increased from the same quarter one year earlier. It also grew compared with the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.1B
Revenue reported for this quarter.
Quarter-over-quarter
+17.9%
Change from the immediately preceding quarter.
Year-over-year
+14.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$37.1B
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 |
|---|---|---|
| Jun 30, 2023 | $9.7B | +10.7% |
| Sep 30, 2023 | $10.5B | +9.0% |
| Dec 31, 2023 | $7.7B | +6.5% |
| Mar 31, 2024 | $9.1B | +14.2% |
Revenue performance
The reported revenue rose from the prior sequential quarter, reflecting higher activity in the current period.
Quarterly comparison
Compared with the same quarter in the prior year, revenue was higher. The trailing twelve-month revenue also exceeded the current quarterly figure, indicating sustained demand over the longer term.
What to watch
Monitor ongoing mortgage rate impacts on buyer demand, as referenced in the risk factors.