DHI

D.R. Horton, Inc. is the largest homebuilder in the United States by volume, constructing and selling homes across multiple price points under the D.R. Horton, Emerald Homes, Express Homes, and Freedom Homes brands. The company builds single-family detached homes, townhomes, and condominiums targeting entry-level, move-up, luxury, and active adult buyers. D.R. Horton operates in markets across approximately 35 states, providing homes through spec and to-order construction. The company also offers mortgage financing through D.R. Horton Mortgage and title services through subsidiaries. Founded in 1978 and headquartered in Arlington, Texas, D.R. Horton has grown through organic expansion and strategic acquisitions to become America's dominant homebuilder. The company emphasizes volume, operational efficiency, affordable product offerings addressing housing shortages, and geographic diversification. D.R. Horton benefits from scale advantages, land acquisition expertise, capital efficiency, and strong execution. The company experiences cyclicality from housing market conditions, mortgage rates, economic factors, and consumer confidence. D.R. Horton has delivered industry-leading returns on equity and market share gains. The company continues to focus on affordable housing, operational excellence, land strategy, and delivering homes across diverse markets and price points.