Profile: D.R. Horton Inc (DHI.N)

DHI.N on New York Stock Exchange

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D.R. Horton, Inc., incorporated on July 1, 1991, is the homebuilding company in the United States. The Company constructs and sells homes through its operating divisions in 27 states and 79 metropolitan markets of the United States under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, Breland Homes, Regent Homes and Crown Communities. The Company operates in two segments, including Homebuilding and Financial Services. The Company’s homebuilding segment is engaged in the acquisition and development of land and the construction and sale of residential homes. The Company’s financial services segment provides mortgage financing and title agency services to the Company’s homebuilding customers.

Homebuilding

The Company’s homebuilding segment is engaged in the acquisition and development of land and the construction and sale of residential homes in 27 states and 79 markets in the United States. The homebuilding segments generate revenues from the sale of completed homes and from the sale of land and lots. The Company’s homebuilding operations are located in East, Midwest, Southeast, South Central, Southwest and West. East includes Delaware, Georgia (Savannah only), Maryland, New Jersey, North Carolina, Pennsylvania, South Carolina and Virginia. Midwest includes Colorado, Illinois, Indiana and Minnesota. Southeast includes Alabama, Florida, Georgia, Mississippi and Tennessee. South Central includes Louisiana, Oklahoma and Texas. Southwest includes Arizona and New Mexico. West includes California, Hawaii, Nevada, Oregon, Utah and Washington.

Financial Services

The Company’s financial services segment provides mortgage financing and title agency services to the Company’s homebuilding customers. The Company sells all of the mortgages it originates and the related servicing rights to third-party purchasers. The financial services segment generates its revenues from originating and selling mortgages and collecting fees for title insurance agency and closing services. These include the activities of its captive insurance subsidiary and other insurance-related subsidiaries, subsidiaries that own rental properties and collect rental income, and subsidiaries that own income-producing assets, such as non-residential real estate, mineral rights and other rights or assets. DHI Mortgage, its 100% owned subsidiary, provides mortgage financing services to its homebuilding customers and sells the Mortgages.

Company Address

D.R. Horton Inc

301 Commerce St Ste 500
FORT WORTH   TX   76102-4178
P: +1817.3908200
F: +1302.6555049

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