Capital Expenditures for D.R. Horton (DHI)
According to D.R. Horton's latest reported financial statements, the company's current capital expenditures (TTM) is $154.40M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
DHI
Currently viewingCapital ExpendituresSwitch metric
Latest period
$154.40M
YoY change
-16.9%
5Y CAGR
-13.7%
Peak year (2020)
$286.80M
Cumulative capital expenditures
$2.41B
CapEx history chart for D.R. Horton (DHI) from 1991 to 2025
CapEx history table for D.R. Horton (DHI) from 1991 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $137.40M | -16.9% | ||
| 2024 | $165.30M | +11.2% | ||
| 2023 | $148.60M | +0.3% | ||
| 2022 | $148.20M | -44.6% | ||
| 2021 | $267.40M | -6.8% | ||
| 2020 | $286.80M | +28.0% | ||
| 2019 | $224.10M | +229.1% | ||
| 2018 | $68.10M | -56.7% | ||
| 2017 | $157.30M | +82.7% | ||
| 2016 | $86.10M | +53.5% | ||
| 2015 | $56.10M | -44.0% | ||
| 2014 | $100.20M | +72.8% | ||
| 2013 | $58.00M | +72.6% | ||
| 2012 | $33.60M | +106.1% | ||
| 2011 | $16.30M | -15.1% | ||
| 2010 | $19.20M | +209.7% | ||
| 2009 | $6.20M | -6.1% | ||
| 2008 | $6.60M | -83.4% | ||
| 2007 | $39.80M | -52.2% | ||
| 2006 | $83.30M | +22.1% | ||
| 2005 | $68.20M | +23.6% | ||
| 2004 | $55.20M | +13.4% | ||
| 2003 | $48.67M | +22.2% | ||
| 2002 | $39.82M | +19.3% | ||
| 2001 | $33.37M | +111.3% | ||
| 2000 | $15.79M | -8.7% | ||
| 1999 | $17.30M | +49.1% | ||
| 1998 | $11.60M | +118.9% | ||
| 1997 | $5.30M | +96.3% | ||
| 1996 | $2.70M | +12.5% | ||
| 1995 | $2.40M | -7.7% | ||
| 1994 | $2.60M | +73.3% | ||
| 1993 | $1.50M | +150.0% | ||
| 1992 | $600,000 | 0.0% | ||
| 1991 | $600,000 | — |
CapEx values are taken from D.R. Horton's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, D.R. Horton (DHI) reported capital expenditures of $137.40M – declined 16.9% year-over-year.
Over 2020–2025 (5 years), D.R. Horton capital expenditures expanded at a -13.7% compound annual rate, with a net decline across the window.
D.R. Horton capital expenditures plunged from $286.80M in 2020 to $137.40M in 2025, a 52.1% drawdown.
Across the available history, capital expenditures reached its high of $286.80M in 2020 and its low of $600,000 in 1991.
Within Consumer Cyclical, D.R. Horton (DHI) ranks 8th among 8 peers we track. The peer median for capital expenditures is $3.52B.
D.R. Horton Capital Expenditures by Year
D.R. Horton Capital Expenditures 2025: $137.40M
D.R. Horton capital expenditures in 2025 was $137.40M, declined 16.9% below 2024.
D.R. Horton Capital Expenditures 2024: $165.30M
D.R. Horton capital expenditures in 2024 was $165.30M, grew 11.2% from 2023.
D.R. Horton Capital Expenditures 2023: $148.60M
D.R. Horton capital expenditures in 2023 was $148.60M, edged up 0.3% from 2022.
D.R. Horton Capital Expenditures 2022: $148.20M
D.R. Horton capital expenditures in 2022 was $148.20M, plunged 44.6% below 2021.
D.R. Horton Capital Expenditures 2021: $267.40M
D.R. Horton capital expenditures in 2021 was $267.40M.
See more financial history for D.R. Horton (DHI).
Sector peers — CapEx
Companies in the same sector as D.R. Horton, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | $131.82B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | $86.66B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $8.53B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $3.68B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $3.37B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $1.96B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $322.00M | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $0 | Consumer Cyclical |
Frequently asked questions
What is D.R. Horton's capital expenditures?
- Latest reported capital expenditures for D.R. Horton (DHI) is $154.40M (period ending March 31, 2026).
How has D.R. Horton capital expenditures changed year-over-year?
- D.R. Horton (DHI) capital expenditures changed -16.9% year-over-year on the latest annual filing.
What is the long-term growth rate of D.R. Horton capital expenditures?
- D.R. Horton (DHI) capital expenditures compound annual growth rate is -13.7% over the most recent 5 years available.
When did D.R. Horton capital expenditures hit its highest annual value?
- D.R. Horton capital expenditures reached its highest annual value of $286.80M in 2020.
What was D.R. Horton capital expenditures in 2024?
- D.R. Horton (DHI) capital expenditures in 2024 was $165.30M.
What was D.R. Horton capital expenditures in 2025?
- D.R. Horton (DHI) capital expenditures in 2025 was $137.40M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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