DR Horton Inc (DHI) — Financial Flexibility Index

Latest as of December 2025: 0.09x

DR Horton Inc (DHI) has a Financial Flexibility Index of 0.09x as of December 2025. Free cash flow of $881.40 Million (operating CF $854.00 Million minus capex $27.40 Million) represents 0% of total liabilities ($10.08 Billion). Check DR Horton Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.09x
Free Cash Flow / Total Liabilities

Free Cash Flow

$881.40 Million
Operating CF − Capex

Total Liabilities

$10.08 Billion
USD

Capital Expenditures

$27.40 Million
USD

DR Horton Inc Financial Flexibility Index (1991–2025)

Historical Financial Flexibility Index trend for DR Horton Inc across 35 annual periods. For the full cash flow conversion analysis, see DR Horton Inc operating cash flow efficiency.

Annual Financial Flexibility Index for DR Horton Inc (1991–2025)

Year-by-year free cash flow to debt coverage for DR Horton Inc. Explore DHI operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.33x $3.56 Billion $3.42 Billion $10.73 Billion ▲ +44.8%
2024 0.23x $2.36 Billion $2.19 Billion $10.28 Billion ▼ -51.4%
2023 0.47x $4.45 Billion $4.30 Billion $9.44 Billion ▲ +601.6%
2022 0.07x $710.00 Million $561.80 Million $10.57 Billion ▼ -26.2%
2021 0.09x $801.80 Million $534.40 Million $8.80 Billion ▼ -63.8%
2020 0.25x $1.71 Billion $1.42 Billion $6.79 Billion ▲ +19.7%
2019 0.21x $1.12 Billion $892.10 Million $5.31 Billion ▲ +69.8%
2018 0.12x $613.30 Million $545.20 Million $4.96 Billion ▼ -7.3%
2017 0.13x $592.40 Million $435.10 Million $4.44 Billion ▼ -9.6%
2016 0.15x $704.10 Million $618.00 Million $4.77 Billion ▲ +2.6%
2015 0.14x $756.50 Million $700.40 Million $5.26 Billion ▲ +230.4%
2014 -0.11x $-561.20 Million $-661.40 Million $5.08 Billion ▲ +54.9%
2013 -0.24x $-1.17 Billion $-1.23 Billion $4.79 Billion ▼ -250.4%
2012 -0.07x $-255.10 Million $-288.70 Million $3.65 Billion ▼ -712.1%
2011 0.01x $31.20 Million $14.90 Million $2.73 Billion ▼ -94.8%
2010 0.22x $728.60 Million $709.40 Million $3.32 Billion ▼ -14.0%
2009 0.26x $1.15 Billion $1.14 Billion $4.49 Billion ▼ -34.3%
2008 0.39x $1.89 Billion $1.88 Billion $4.84 Billion ▲ +64.7%
2007 0.24x $1.40 Billion $1.36 Billion $5.90 Billion ▲ +276.4%
2006 -0.13x $-1.11 Billion $-1.19 Billion $8.26 Billion ▼ -68.6%
2005 -0.08x $-552.50 Million $-620.70 Million $6.95 Billion ▼ -5.1%
2004 -0.08x $-367.30 Million $-422.50 Million $4.86 Billion ▼ -165.9%
2003 0.11x $471.99 Million $423.32 Million $4.11 Billion ▲ +942.4%
2002 -0.01x $-50.78 Million $-90.60 Million $3.73 Billion ▼ -48.8%
2001 -0.01x $-21.92 Million $-55.28 Million $2.39 Billion ▲ +82.8%
2000 -0.05x $-91.76 Million $-107.55 Million $1.72 Billion ▲ +45.8%
1999 -0.10x $-153.60 Million $-170.90 Million $1.56 Billion ▲ +3.4%
1998 -0.10x $-113.70 Million $-125.30 Million $1.11 Billion ▼ -7.0%
1997 -0.10x $-77.80 Million $-83.10 Million $816.50 Million ▼ -1.3%
1996 -0.09x $-21.20 Million $-23.90 Million $225.30 Million ▲ +33.1%
1995 -0.14x $-29.90 Million $-32.30 Million $212.70 Million ▲ +50.3%
1994 -0.28x $-41.40 Million $-44.00 Million $146.30 Million ▼ -51.8%
1993 -0.19x $-17.30 Million $-18.80 Million $92.80 Million ▼ -185.1%
1992 0.22x $10.60 Million $10.00 Million $48.40 Million ▼ -10.7%
1991 0.25x $10.60 Million $10.00 Million $43.20 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities