DHID. R. Horton
D.R. Horton, Inc. is the largest homebuilding company in the United States as measured by number of homes closed. 10-K, Item 1
- Employees
- 14,341
- Headquarters
- Arlington, TX
- CEO
- Paul J. Romanowski
- Next results
- around Jan 19, 2027
2 paragraphs in Risk Factors of the 10-K filed Nov 19, 2025 with nothing like them in the 10-K filed Nov 19, 2024. Quoted exactly. Paragraphs that were only edited are under 10-K change.
Compared with the Risk Factors in the latest 10-K of the other 46 Consumer discretionary companies: a paragraph with at least half its words the same at another company is called similar, and the companies are listed under it. A paragraph most of them have is marked boilerplate. No line means no other company has one like it. This counts text; it does not say how serious a risk is.
In addition, other types of lawsuits, claims and proceedings have been and may in the future be instituted or asserted against us. Some of these claims may result in significant defense costs and potentially significant judgments against us, some of which are not, or cannot be, insured against. We intend to defend ourselves vigorously in any litigation that has been or may be instituted or asserted against us; however, litigation is inherently uncertain and we cannot be certain of the ultimate outcomes of any claims that have arisen or may arise.
Read in the 10-K ↗
We are subject to income taxes at the federal, state and local levels, and any changes in tax legislation could adversely affect our future effective tax rates and the value of our deferred tax assets.
Read in the 10-K ↗
New in the latest 10-Q
3 paragraphs in the 10-Q filed Jul 23, 2026 with nothing like them in the 10-Q filed Apr 23, 2026 (at least half the words must differ; new numbers alone do not count). Quoted exactly, grouped by the item heading above them. This is text that changed, not a judgement of how serious it is.
Financial statements and notes
In the nine month period, the increase in the value of net sales orders was attributable to a 5% increase in sales order volume. The highest percentage increase was in the North region where the Pittsburgh and Ohio markets contributed most to the increase. In the Northwest region where sales order volume decreased, the Seattle and Salt Lake City markets contributed most to the decrease.
Read in the 10-Q ↗
The number of homes closed was essentially unchanged in the nine months ended June 30, 2026 compared to the prior year period due to offsetting fluctuations between the regions. Home sales revenues decreased due to decreases in the average selling price, particularly in the South Central region.
Read in the 10-Q ↗
See Note A to our consolidated financial statements included in this report for discussion of recent accounting pronouncements.
Read in the 10-Q ↗
The 10-Q's risk factors against the 10-K
Item 1A of the 10-Q filed Jul 23, 2026 against Item 1A of the 10-K filed Nov 19, 2025.
A 10-Q repeats only the risks that changed, so a 10-K paragraph that is missing from it is not counted as removed.
Added is a paragraph with nothing like it in the 10-K, Reworded a sentence that is in both with several words changed,
Quiet changes a sentence in both where one to four words changed and one is a hedge or a modal
(cut words struck through, new words highlighted and underlined).
Text on the page, not a score; each links to the filing at sec.gov.
This 10-Q has no Item 1A (Risk Factors) text of its own, so there is nothing to compare. Many companies leave it out when their risks have not changed.
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