Description

D.R. Horton, Inc.: Efficient Land Development Strategy 

D.R. Horton’s third-quarter 2024 earnings reflect the company’s ability to navigate a complex market landscape impacted by inflation and raised mortgage interest rates. Despite headwinds, the company managed a 5% increase in earnings, with a consolidated pretax income growth of 1% to $1.8 billion that could appeal to potential investors seeking steady performance. A vital positive from the results lies in D.R. Horton’s proven record of cash generation, producing $972 million from homebuilding operations within the first nine months ended June 30. This solid cash flow, complemented by an efficient return on equity of 21.5%, signifies a healthy financial position that investors might find appealing.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

Want unlimited access to our reports? Purchase our $99 annual subscription!