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D.R. Horton

D.R. Horton is a other based in Austin, founded 1978; the Altss profile covers its classification, headquarters, registration, AUM band, and key contacts for...

D.R. Horton

D.R. Horton is an SEC-registered investment adviser with 1 employee and 1 investment adviser.

General information

Firm type

other

Year founded

1978

Location

Region

North America

Country

United States

City

Austin

Corporate office

Austin, TX, United States

Sector focus

Real EstateHomebuildingConstruction

Frequently asked questions

Who controls investment and strategic decisions at D.R. Horton?

As a publicly-traded company (NYSE: DHI), D.R. Horton is governed by a board of directors elected by shareholders. Strategic decisions are made by CEO Paul J. Romanowski and the executive team. The Horton family's influence is limited because the company is widely held; Donald R. Horton, the founder, is no longer involved in day-to-day operations.

Does D.R. Horton act as a family office or a pure operating company?

D.R. Horton is a public homebuilding company, not a family office. Its structure is corporate, with profits reinvested or returned to shareholders via dividends and buybacks. The Horton family does not maintain a disclosed single-family office distinct from the public company.

What investment stages and asset classes does D.R. Horton focus on?

D.R. Horton focuses exclusively on residential real estate development and homebuilding. It does not invest in external asset classes. Its capital is deployed into land acquisition, land development, home construction, and related mortgage and insurance services.

How does D.R. Horton source its land?

Horton uses a land-light approach: it controls land through option contracts rather than owning all lots outright. This limits capital at risk while providing pipeline visibility. The company also operates Forestar, a land development subsidiary that acquires and develops lots.

What is D.R. Horton's geographic strategy?

Horton operates in 33 states and 117 markets, heavily concentrated in the Sun Belt and Southeast regions. This geographic diversification reduces exposure to regional housing cycles. The company also has a presence in Arizona, Texas, Florida, and the Carolinas (per D.R. Horton annual report 2023).

Does D.R. Horton have any philanthropic or foundation vehicles?

D.R. Horton operates a corporate charitable program but does not maintain a publicly named philanthropic foundation. Donations are typically directed through the D.R. Horton Charitable Foundation, which supports housing-related causes and community development.

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