D.R. Horton (DHI) Stock Buyback History
TTM buyback yield 9.29% · Shareholder yield (TTM) 9.29%.

D.R. Horton
DHI
TTM buyback yield
9.29%
Shareholder yield (TTM)
9.29%
5Y share count change
-16.3%
TTM buyback spend
$3.91B
SBC coverage (TTM)
53.14x
Diluted vs basic shares (annual)
Weighted average shares from the income statement: diluted (EPS denominator and typical buyback-yield basis) compared with basic.
Shares outstanding (annual)
Year-over-year change in diluted weighted average shares (industry-standard for EPS and per-share capital return). Green is fewer shares vs the prior fiscal year; red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield
Buybacks vs stock-based compensation
TTM coverage: 53.14x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $4.28B | $131.00M | $4.15B | 0.31B | -6.5% | 8.53% |
| 2024 | $1.79B | $118.10M | $1.67B | 0.33B | -3.4% | 2.88% |
| 2023 | $1.23B | $111.20M | $1.12B | 0.34B | -3.2% | 3.41% |
| 2022 | $1.19B | $105.10M | $1.09B | 0.35B | -3.0% | 5.11% |
| 2021 | $926.90M | $91.40M | $835.50M | 0.37B | -1.2% | 3.08% |
| 2020 | $398.60M | $77.80M | $320.80M | 0.37B | -1.9% | 1.45% |
| 2019 | $499.50M | $73.20M | $426.30M | 0.38B | -1.6% | 2.56% |
| 2018 | $137.80M | $55.80M | $82.00M | 0.38B | 1.2% | 0.87% |
| 2017 | $65.70M | $59.20M | $6.50M | 0.38B | 1.0% | 0.44% |
| 2016 | $5.90M | $49.00M | −$43.10M | 0.38B | 1.4% | 0.05% |
| 2015 | $0.00 | $42.20M | −$42.20M | 0.37B | 0.9% | — |
| 2014 | $0.00 | $26.20M | −$26.20M | 0.37B | 0.5% | — |
| 2013 | $0.00 | $19.00M | −$19.00M | 0.36B | 1.6% | — |
| 2012 | $0.00 | $18.10M | −$18.10M | 0.36B | 12.7% | — |
| 2011 | $38.60M | $14.20M | $24.40M | 0.32B | -0.0% | 1.35% |
| 2010 | $0.00 | $13.30M | −$13.30M | 0.32B | 0.5% | — |
| 2009 | $0.00 | $13.70M | −$13.70M | 0.32B | 0.4% | — |
| 2008 | $0.00 | $12.40M | −$12.40M | 0.32B | 0.5% | — |
| 2007 | $0.00 | $12.40M | −$12.40M | 0.31B | -0.7% | — |
| 2006 | $36.80M | $11.80M | $25.00M | 0.32B | -0.6% | 0.49% |
| 2005 | $0.00 | $0.00 | $0.00 | 0.32B | 0.7% | — |
| 2004 | $0.00 | $0.00 | $0.00 | 0.32B | -32.6% | — |
| 2003 | $58.86M | $0.00 | $58.86M | 0.47B | 66.3% | 0.77% |
| 2002 | $0.00 | $0.00 | $0.00 | 0.28B | 22.2% | — |
| 2001 | $0.00 | $0.00 | $0.00 | 0.23B | 1.6% | — |
| 2000 | $14.54M | $0.00 | $14.54M | 0.23B | -10.3% | — |
| 1999 | $22.40M | $0.00 | $22.40M | 0.25B | 25.0% | — |
| 1998 | $0.00 | $0.00 | $0.00 | 0.20B | 49.6% | — |
| 1997 | $2.60M | $0.00 | $2.60M | 0.14B | 18.8% | — |
| 1996 | $0.00 | $0.00 | $0.00 | 0.11B | — | — |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)100% of headroom
Headroom $2.98B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does D.R. Horton buy back its own stock?
- Yes, D.R. Horton (DHI) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does D.R. Horton spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $3.91B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is D.R. Horton's buyback yield?
- TTM buyback yield is about 9.29% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is D.R. Horton's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 9.29% combined (TTM-based where available).
Is D.R. Horton diluting shareholders?
- Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has D.R. Horton's share count changed?
- Diluted weighted average shares changed by about -16.3% over roughly five fiscal years (annual income statement data).