D R Horton : Q3 FY 2022 Historical Supplementary Data

Supplementary Data

Q3 2022

HOMEBUILDING RETURN ON INVENTORY (ROI)

					Quarter Ended:
	06/30/20		09/30/20		03/31/21		06/30/21		09/30/21		12/31/21		03/31/22		06/30/22
		12/31/20
Homebuilding Pre-Tax Income***	$ 710.1		$ 927.8	$ 922.5	$ 1,052.2		$ 1,324.5		$ 1,513.6		$ 1,333.0		$ 1,652.8	$ 1,954.7
Ending Homebuilding Inventory***	10,916.8		11,015.0	12,138.5	12,896.4		13,567.1		13,907.8		15,296.9		16,645.9	17,936.9

Homebuilding ROI*

		06/30/21	03/31/22	06/30/22
Homebuilding PTI - TTM	$ 4,227.0
$ 5,823.9	$ 6,454.1
Average Homebuilding Inventory**		12,106.8	14,462.8	15,470.9
Homebuilding ROI	34.9%	40.3%	41.7%

• Homebuilding ROI is calculated as Homebuilding Pre-Tax Income (PTI) for the trailing twelve months (TTM) divided by Average Homebuilding Inventory.
  **Average Homebuilding Inventory is calculated as the sum of the ending homebuilding inventory balances of the trailing 5 quarters divided by 5.
  ***Homebuilding pre-tax income and ending homebuilding inventory prior period balances have been adjusted to remove balances related to single-family rental inventories that were previously included in the homebuilding segment and are now presented in a standalone rental segment.

$ in millions

Homebuilding PTI amounts in the prior periods have been reclassified to conform to the current year presentation. The amounts in the above tables may include rounding adjustments.

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RETURN ON EQUITY (ROE)

				Quarter Ended:
	06/30/20	09/30/20	12/31/20	03/31/21	06/30/21	09/30/21	12/31/21	03/31/22	06/30/22
Net Income Attributable to D.R. Horton	$ 630.7	$ 829.0	$ 791.8	$ 929.5	$ 1,115.5	$ 1,339.0	$ 1,141.6	$ 1,436.3	$ 1,647.8
Ending Stockholders' Equity	11,048.0	11,840.0	12,485.2	12,963.1	13,802.9	14,886.5	15,677.7	16,774.9	18,062.5

Return on Equity

		06/30/21	03/31/22	06/30/22
Net Income Attributable to D.R. Horton - TTM	$ 3,665.8
$ 5,032.4	$ 5,564.7
Average Stockholders' Equity*		12,427.8	14,821.0	15,840.9
ROE	29.5%	34.0%	35.1%

ROE is calculated as Net Income Attributable to D.R. Horton for the trailing twelve months (TTM) divided by Average Stockholders' Equity. *Average Stockholders' Equity is calculated as the sum of the ending stockholders' equity balances of the trailing 5 quarters divided by 5.

$ in millions

Net Income Attributable to D.R. Horton for the trailing twelve months (TTM) includes rounding adjustments.

Q 3 2 0 2 2

HOME SALES GROSS MARGIN

$ in millions

Home sales gross margin presented is for the Company's homebuilding segment.

The percentages and prior period amounts in the above tables may include rounding adjustments.

Q 3 2 0 2 2

SALES & ACTIVE SELLING COMMUNITIES

YOY = year-over-year; SEQ = sequential

During 4Q21, the Company realigned the aggregation of its homebuilding operating segments into six new geographic reportable segments. Data above has been reclassified to conform to the new presentation. Please refer to the restated homebuilding metrics supplement on our website for additional information.

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