HORTON D R INC (DHI) [Rocket]

In millions, except per share items	Sep-30-22	Sep-30-21	Sep-30-20	Sep-30-19	Sep-30-18	Sep-30-17	Sep-30-16	Sep-30-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Home Building	31,923.1	26,577.6	19,641.5	17,016.9	15,502.0	13,653.2
Financial Service	795.0	823.6	584.9	441.7	375.3	349.5
Financial Services	795.0	823.6	584.9	441.7	375.3	349.5	295.6
Forestar Group	1,519.1	1,325.8	931.8	428.3	109.2
Other							11,861.8
Total revenues [+]	33,480.0	27,774.2	20,311.1	17,592.9	16,068.0	14,091.0	12,157.4	10,824.0
Financial services							295.6
Revenue growth [+]	20.5%	36.7%	15.5%	9.5%	14.0%	15.9%	12.3%	34.9%
Home Building	20.1%	35.3%	15.4%	9.8%	13.5%
Financial Service	-3.5%	40.8%	32.4%	17.7%	7.4%
Financial Services	-3.5%	40.8%	32.4%	17.7%	7.4%	18.2%
Forestar Group	14.6%	42.3%	117.6%	292.2%
Cost of goods sold	22,975.9	19,899.2	15,373.2	13,720.9	12,398.1	11,042.8	9,502.6	0.0
Gross profit	10,504.1	7,875.0	4,937.9	3,872.0	3,669.9	3,048.2	2,654.8	10,824.0
Gross margin	31.4%	28.4%	24.3%	22.0%	22.8%	21.6%	21.8%	100.0%
Selling, general and administrative	2,933.7	2,556.2	2,047.8	1,832.5	1,676.8	1,471.6	1,320.3	9.8
Other selling, general and administrative
Equity in earnings					-2.8
Other operating expenses	118.6	105.4	7.3	9.9	66.2	51.0	-4.5	10,804.4
EBITDA [+]	7,533.2	5,295.5	2,973.4	2,101.6	1,986.5	1,580.3	1,400.0	63.9
EBITDA growth	42.3%	78.1%	41.5%	5.8%	25.7%	12.9%	2090.9%	66.4%
EBITDA margin	22.5%	19.1%	14.6%	11.9%	12.4%	11.2%	11.5%	0.6%
Depreciation and amortization	81.4	82.1	90.6	72.0	62.4	54.7	61.0	54.1
EBIT [+]	7,451.8	5,213.4	2,882.8	2,029.6	1,924.1	1,525.6	1,339.0	9.8
EBIT growth	42.9%	80.8%	42.0%	5.5%	26.1%	13.9%	13563.3%
EBIT margin	22.3%	18.8%	14.2%	11.5%	12.0%	10.8%	11.0%	0.1%
Non-recurring items [+]							7.2	9.8
Asset impairment							7.2	9.8
Interest income	59.3	41.6	33.4	31.9	45.3	25.5
Interest income	59.3	41.6	33.4	31.9	45.3	25.5
Other income (expense), net [+]	118.6	101.3	66.8	63.8	90.6	51.0	21.7	1,123.4
Gain (loss) on sale of assets		-14.0	-59.5	-53.9	-18.8		-4.5
Gain (loss) on debt retirement		-18.1
Other	59.3	41.6	33.4	31.9	45.3	25.5	21.7
Pre-tax income	7,629.7	5,356.3	2,983.0	2,125.3	2,060.0	1,602.1	1,353.5	1,123.4
Income taxes	1,734.1	1,165.1	602.5	506.7	597.7	563.7	467.2	372.7
Tax rate	22.7%	21.8%	20.2%	23.8%	29.0%	35.2%	34.5%	33.2%
Minority interest	38.1	15.4	6.8	0.1	2.0
Net income	5,857.5	4,175.8	2,373.7	1,618.5	1,460.3	1,038.4	886.3	750.7
Net margin	17.5%	15.0%	11.7%	9.2%	9.1%	7.4%	7.3%	6.9%

Basic EPS [+]	$16.65	$11.56	$6.49	$4.34	$3.88	$2.77	$2.39	$2.05
Growth	44.0%	78.1%	49.5%	12.0%	39.8%	16.1%	16.6%	30.8%
Diluted EPS [+]	$16.51	$11.42	$6.41	$4.29	$3.81	$2.74	$2.36	$2.03
Growth	44.6%	78.0%	49.5%	12.6%	39.0%	16.0%	16.4%	39.5%

Dividends per share [+]	$0.90	$0.80	$0.70	$0.60	$0.50	$0.40	$0.32	$0.25
Growth	12.5%	14.3%	16.7%	20.0%	25.0%	25.0%	28.0%	81.8%

Shares outstanding (basic) [+]	351.7	361.1	365.5	372.6	376.6	374.3	371.0	366.3
Growth	-2.6%	-1.2%	-1.9%	-1.1%	0.6%	0.9%	1.3%	7.6%
Shares outstanding (diluted) [+]	354.8	365.8	370.2	377.4	383.4	378.9	375.1	369.8
Growth	-3.0%	-1.2%	-1.9%	-1.6%	1.2%	1.0%	1.4%	0.9%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.