DR Horton Inc (DHI) — Cash Flow-to-Debt Ratio
DR Horton Inc (DHI) has a Cash Flow-to-Debt Ratio of 0.08x as of December 2025, meaning its operating cash flow of $854.00 Million could theoretically repay 0% of its total liabilities ($10.08 Billion) in one year. See how financially flexible is DR Horton Inc to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
DR Horton Inc Cash Flow-to-Debt Ratio (1991–2025)
Historical debt coverage capacity for DR Horton Inc across 35 annual periods. For the full cash flow conversion analysis, see DR Horton Inc operating cash flow efficiency.
Annual Cash Flow-to-Debt Ratio for DR Horton Inc (1991–2025)
Year-by-year debt coverage analysis for DR Horton Inc. Check DR Horton Inc cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.32x | $3.42 Billion | $10.73 Billion | ▲ +49.7% |
| 2024 | 0.21x | $2.19 Billion | $10.28 Billion | ▼ -53.3% |
| 2023 | 0.46x | $4.30 Billion | $9.44 Billion | ▲ +757.1% |
| 2022 | 0.05x | $561.80 Million | $10.57 Billion | ▼ -12.4% |
| 2021 | 0.06x | $534.40 Million | $8.80 Billion | ▼ -71.0% |
| 2020 | 0.21x | $1.42 Billion | $6.79 Billion | ▲ +24.6% |
| 2019 | 0.17x | $892.10 Million | $5.31 Billion | ▲ +52.7% |
| 2018 | 0.11x | $545.20 Million | $4.96 Billion | ▲ +12.2% |
| 2017 | 0.10x | $435.10 Million | $4.44 Billion | ▼ -24.4% |
| 2016 | 0.13x | $618.00 Million | $4.77 Billion | ▼ -2.7% |
| 2015 | 0.13x | $700.40 Million | $5.26 Billion | ▲ +202.4% |
| 2014 | -0.13x | $-661.40 Million | $5.08 Billion | ▲ +49.3% |
| 2013 | -0.26x | $-1.23 Billion | $4.79 Billion | ▼ -224.9% |
| 2012 | -0.08x | $-288.70 Million | $3.65 Billion | ▼ -1550.4% |
| 2011 | 0.01x | $14.90 Million | $2.73 Billion | ▼ -97.5% |
| 2010 | 0.21x | $709.40 Million | $3.32 Billion | ▼ -15.9% |
| 2009 | 0.25x | $1.14 Billion | $4.49 Billion | ▼ -34.5% |
| 2008 | 0.39x | $1.88 Billion | $4.84 Billion | ▲ +68.9% |
| 2007 | 0.23x | $1.36 Billion | $5.90 Billion | ▲ +259.4% |
| 2006 | -0.14x | $-1.19 Billion | $8.26 Billion | ▼ -61.4% |
| 2005 | -0.09x | $-620.70 Million | $6.95 Billion | ▼ -2.7% |
| 2004 | -0.09x | $-422.50 Million | $4.86 Billion | ▼ -184.5% |
| 2003 | 0.10x | $423.32 Million | $4.11 Billion | ▲ +523.5% |
| 2002 | -0.02x | $-90.60 Million | $3.73 Billion | ▼ -5.2% |
| 2001 | -0.02x | $-55.28 Million | $2.39 Billion | ▲ +63.1% |
| 2000 | -0.06x | $-107.55 Million | $1.72 Billion | ▲ +42.9% |
| 1999 | -0.11x | $-170.90 Million | $1.56 Billion | ▲ +2.5% |
| 1998 | -0.11x | $-125.30 Million | $1.11 Billion | ▼ -10.4% |
| 1997 | -0.10x | $-83.10 Million | $816.50 Million | ▲ +4.1% |
| 1996 | -0.11x | $-23.90 Million | $225.30 Million | ▲ +30.1% |
| 1995 | -0.15x | $-32.30 Million | $212.70 Million | ▲ +49.5% |
| 1994 | -0.30x | $-44.00 Million | $146.30 Million | ▼ -48.5% |
| 1993 | -0.20x | $-18.80 Million | $92.80 Million | ▼ -198.1% |
| 1992 | 0.21x | $10.00 Million | $48.40 Million | ▼ -10.7% |
| 1991 | 0.23x | $10.00 Million | $43.20 Million | — |