D.R. Horton Publishes Q4 FY2026 Earnings Call Transcript

By Public Technologies
  • D.R. Horton’s October 29, 2026, fourth-quarter earnings call featured CEO Paul Romanowski, Bill Wheat, Mike Murray and Jessica Hansen.
  • Fiscal 2027 guidance calls for revenue of $30 billion-$32 billion, with home closings of 79,000-84,000.
  • First-quarter home sales gross margin is projected at 18%-18.5%, below the fourth quarter’s 19.5%.
  • Romanowski expects mortgage rates to remain elevated; management anticipates continued high incentives as affordability constraints pressure demand.
  • Fourth-quarter net sales orders fell 7% to 18,619 homes; the cancellation rate rose to 23% from 20% a year earlier.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. D.R. Horton Inc. published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.