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 strategic capital allocation to assess the company's strategic physical and investment asset allocation.

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. See DR Horton Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

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

Year-by-year free cash flow to debt coverage for DR Horton Inc. For the full company profile including market capitalisation, see DHI market cap overview.

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