Shares Outstanding for D.R. Horton (DHI)
According to D.R. Horton's latest reported financial statements, the company's latest reported diluted shares outstanding is 289.00M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

DHI
Currently viewingShares OutstandingSwitch metric
Latest period
289.00M
YoY change
-6.5%
5Y CAGR
-3.5%
Peak year (1991)
523.88M
Latest annual
309.90M
Shares Outstanding history chart for D.R. Horton (DHI) from 1991 to 2025
Shares Outstanding history table for D.R. Horton (DHI) from 1991 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 309.90M | -6.5% | ||
| 2024 | 331.60M | -3.4% | ||
| 2023 | 343.30M | -3.2% | ||
| 2022 | 354.80M | -3.0% | ||
| 2021 | 365.80M | -1.2% | ||
| 2020 | 370.20M | -1.9% | ||
| 2019 | 377.40M | -1.6% | ||
| 2018 | 383.40M | +1.2% | ||
| 2017 | 378.90M | +1.0% | ||
| 2016 | 375.10M | +1.4% | ||
| 2015 | 369.80M | +0.9% | ||
| 2014 | 366.60M | +0.5% | ||
| 2013 | 364.90M | +1.6% | ||
| 2012 | 359.00M | +12.7% | ||
| 2011 | 318.50M | -0.0% | ||
| 2010 | 318.60M | +0.5% | ||
| 2009 | 316.90M | +0.4% | ||
| 2008 | 315.70M | +0.5% | ||
| 2007 | 314.10M | -0.7% | ||
| 2006 | 316.23M | -0.6% | ||
| 2005 | 318.29M | +0.7% | ||
| 2004 | 315.95M | -32.6% | ||
| 2003 | 468.99M | +66.3% | ||
| 2002 | 282.01M | +22.2% | ||
| 2001 | 230.84M | +1.6% | ||
| 2000 | 227.19M | -10.3% | ||
| 1999 | 253.28M | +25.0% | ||
| 1998 | 202.67M | +49.6% | ||
| 1997 | 135.45M | +18.8% | ||
| 1996 | 114.04M | +6.0% | ||
| 1995 | 107.61M | +8.7% | ||
| 1994 | 98.96M | -1.8% | ||
| 1993 | 100.79M | +4.2% | ||
| 1992 | 96.77M | -81.5% | ||
| 1991 | 523.88M | — |
Shares Outstanding values are taken from D.R. Horton's reported income 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
D.R. Horton (DHI) most recent annual diluted shares outstanding stands at 309.90M (2025) – declined 6.5% year-over-year.
Looking at the 2020–2025 (5 years) stretch, D.R. Horton diluted shares outstanding compounded at -3.5% per year, with a net decline across the window.
D.R. Horton diluted shares outstanding plunged from 523.88M in 1991 to 309.90M in 2025, a 40.8% drawdown.
523.88M stands as the all-time-high annual diluted shares outstanding, posted in 1991, against a low of 96.77M during 1992.
Within Consumer Cyclical, D.R. Horton (DHI) ranks 9th among 8 peers we track. The peer median for diluted shares outstanding is 1.30B.
D.R. Horton Shares Outstanding by Year
D.R. Horton Shares Outstanding 2025: 309.90M
D.R. Horton diluted shares outstanding in 2025 was 309.90M, declined 6.5% below 2024.
D.R. Horton Shares Outstanding 2024: 331.60M
D.R. Horton diluted shares outstanding in 2024 was 331.60M, edged down 3.4% below 2023.
D.R. Horton Shares Outstanding 2023: 343.30M
D.R. Horton diluted shares outstanding in 2023 was 343.30M, edged down 3.2% below 2022.
D.R. Horton Shares Outstanding 2022: 354.80M
D.R. Horton diluted shares outstanding in 2022 was 354.80M, edged down 3.0% below 2021.
D.R. Horton Shares Outstanding 2021: 365.80M
D.R. Horton diluted shares outstanding in 2021 was 365.80M.
See more financial history for D.R. Horton (DHI).
Sector peers — Shares Outstanding
Companies in the same sector as D.R. Horton, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | 10.83B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | 3.53B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | 2.41B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | 1.48B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | 1.13B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | 997.00M | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | 815.98M | Consumer Cyclical |
| McDonald's Corporation (MCD) | 716.40M | Consumer Cyclical |
Frequently asked questions
What is D.R. Horton's diluted shares outstanding?
- Latest reported diluted shares outstanding for D.R. Horton (DHI) is 289.00M (period ending March 31, 2026).
How has D.R. Horton diluted shares outstanding changed year-over-year?
- D.R. Horton (DHI) diluted shares outstanding changed -6.5% year-over-year on the latest annual filing.
What is the long-term growth rate of D.R. Horton diluted shares outstanding?
- D.R. Horton (DHI) diluted shares outstanding compound annual growth rate is -3.5% over the most recent 5 years available.
When did D.R. Horton diluted shares outstanding hit its highest annual value?
- D.R. Horton diluted shares outstanding reached its highest annual value of 523.88M in 1991.
What was D.R. Horton diluted shares outstanding in 2024?
- D.R. Horton (DHI) diluted shares outstanding in 2024 was 331.60M.
What was D.R. Horton diluted shares outstanding in 2025?
- D.R. Horton (DHI) diluted shares outstanding in 2025 was 309.90M.
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