D.R. Horton Inc. reported net income attributable to the company of $905.3 million for the fourth quarter ended September 30, 2025, a decrease of 29% from the prior year, with consolidated revenues of $9.7 billion. Consolidated pre-tax income for the quarter was $1.2 billion, resulting in a pre-tax profit margin of 12.4%. Home sales revenues for the quarter were $8.5 billion on 23,368 homes closed. Net sales orders increased 5% to 20,078 homes and 3% in value to $7.3 billion. For the full fiscal year ended September 30, 2025, net income attributable to D.R. Horton was $3.6 billion, down 25% from the previous year. Consolidated revenues for the year were $34.3 billion, and consolidated pre-tax income totaled $4.7 billion, with a pre-tax profit margin of 13.8%. Home sales revenues for the year were $31.4 billion on 84,863 homes closed. Rental operations generated pre-tax income of $170.0 million on $1.6 billion of revenues. Cash provided by operations totaled $3.4 billion. The company repurchased 30.7 million shares of common stock for $4.3 billion and paid cash dividends of $494.8 million. Return on equity was 14.6% and return on assets was 10.0%. Debt to total capital was 19.8%. Book value per share increased 5% to $82.15.