D.R. Horton, Inc.

What does D.R. Horton own?
D.R. Horton owns four homebuilding brands: D.R. Horton, Express Homes, Emerald Homes, and Freedom Homes, plus the DHI Mortgage subsidiary and rental property operations.

Is D.R. Horton publicly traded?
Yes. D.R. Horton trades on the NYSE under ticker DHI and is a component of the S&P 500. It added a secondary listing on NYSE Texas in June 2025.

Who founded D.R. Horton?
Donald R. Horton founded the company in 1978 in Fort Worth, Texas. The business grew from a single home sale into the nation's largest homebuilder.

Where is D.R. Horton headquartered?
D.R. Horton is headquartered in Arlington, Texas, USA.

Who owns D.R. Horton?
D.R. Horton is publicly traded with broad institutional and individual ownership. The founding Horton family retains meaningful shareholding and influence.

What is D.R. Horton's revenue?
D.R. Horton reported fiscal 2025 consolidated revenue of $34.3 billion, down from $36.8 billion in fiscal 2024, with net income of $3.6 billion on 84,863 homes closed.

How many brands does D.R. Horton own?
D.R. Horton operates four homebuilding brands: the flagship D.R. Horton banner, Express Homes for first-time buyers, Emerald Homes for luxury buyers, and Freedom Homes for active adults 55 and over.

Donald R. Horton founded the company in 1978 in Fort Worth, Texas, selling his first home and growing through the Texas market before expanding across the Sun Belt. The company went public in 1992 and used its capital access to expand nationally through the 1990s and 2000s.

D.R. Horton became the largest US homebuilder by volume in 2002, a position it has never relinquished. Its strategy combined a decentralized operating model with disciplined land acquisition and a focus on the affordable end of the market, where first-time buyers consistently outnumber move-up buyers.

To segment its customer base the company created dedicated brands. Express Homes launched in 2014 targeting entry-level buyers with simplified, value-focused products. Freedom Homes launched in 2016 for the 55-plus active adult market. Emerald Homes launched in 2017 as the luxury tier.

The company navigated the 2008 housing crisis through disciplined balance sheet management and inventory controls, emerging stronger as smaller builders failed. During the pandemic housing boom of 2020 to 2022 it capitalized on low rates and pent-up demand, then absorbed the subsequent slowdown as rates rose sharply. In fiscal 2025 the company added a second listing on NYSE Texas, the Texas-based exchange, reflecting its Arlington headquarters.

As a homebuilder, D.R. Horton's environmental footprint centers on construction waste, energy efficiency of the homes it builds, and land use. The company has adopted energy-efficient construction standards and offers smart home features in its communities.

D.R. Horton does not hold sustainability certifications such as B Corp status. Its environmental reporting is standard for a large homebuilder, covering emissions and waste management rather than supply chain certifications applicable to manufactured goods.

• Fortune 500: D.R. Horton ranks on the Fortune 500 and is the highest-ranked homebuilder on the list.
• Builder Magazine rankings: The company consistently ranks first among US homebuilders by closings and revenue in industry surveys.
• S&P 500: D.R. Horton is a component of the S&P 500 index.

FTC lawsuit over mortgage practices (2024): In October 2024 the Federal Trade Commission sued D.R. Horton and its mortgage subsidiary DHI Mortgage, alleging the company deceptively advertised low mortgage rates that hid mandatory discount points and fees. The agency alleged buyers discovered higher actual costs at closing after paying nonrefundable deposits. The case was ongoing as of 2026.

Construction defect litigation: Like all large volume builders, D.R. Horton faces periodic construction defect and warranty claims, typically resolved through arbitration, settlement, or insurance. These are disclosed in SEC filings as routine to the business.

Warranty and HOA complaints: Consumer complaints about home warranty coverage and homeowners association management appear periodically in media coverage and Better Business Bureau filings, issues common to the production homebuilding industry.