Buyback Radar
Company reports

D.R. Horton

DHI

D.R. Horton has retired 25.7% of its shares since 2018, from 376,274,635 to 279,701,267.

25.7%retired since 2018
21.5%last 5 years
4.2%last 12 months
280Mshares today
Shares outstanding, 1999 to todaysplit adjusted, from SEC filings
a quarter gone 2026376M shares, 2018280M200020052010201520202025
1999, 226,898,1342026-07-16, 279,701,267
A share bought in 2002
1.0× more of D.R. Horton today, without buying another share. It was one of 293,062,924 shares then. It is one of 279,701,267 now.
Every filing we read27 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
19991999-11-30226,898,13410-Kcover page
20002000-12-05224,792,68910-Kcover page
20012001-11-14230,728,04610-Kcover page
20022002-11-30293,062,92510-Kcover page
20032003-12-04315,070,63710-Kcover page
20042004-12-02314,913,88010-Kcover page
20052005-12-01315,734,63210-Kcover page
20062006-12-04317,209,74010-Kcover page
20072007-09-30314,914,44010-K
20082008-09-30316,660,27510-K
20092009-09-30317,480,88610-K
20102010-11-10318,878,60910-K
20112011-11-10316,050,09910-K
20122012-11-09320,966,47610-K
20132013-11-20322,942,68510-K
20142014-11-10364,586,69410-K
20152015-11-10368,702,04610-K
20162016-11-09372,928,18710-K
20172017-11-08375,037,82910-K
20182018-11-07376,274,63510-K
20192019-11-13368,493,20410-K
20202020-11-12364,390,99510-K
20212021-11-11356,529,50710-K
20222022-11-10344,341,22710-K
20232023-11-13333,184,37410-K
20242024-11-14321,169,52610-K
20252025-11-13292,060,53810-K

Source: all 10-K filings of D.R. Horton on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

What the buybacks cost, since fiscal 2019cash flow statement against share count
$10.1Bspent on buybacks
97Mfewer shares outstanding
$104average price paid per share bought back
11.0%buyback yield, last fiscal year’s spend on today’s market value

Cash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $139.55.

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D.R. Horton buybacks, answered

Is D.R. Horton buying back its stock?

Yes. D.R. Horton has 4.2% fewer shares outstanding than twelve months ago, 279,701,267 as of July 16, 2026. Over five years the share count is down 21.5%.

How many shares has D.R. Horton bought back?

Net of every new share it issued, D.R. Horton has 96.6 million fewer shares than at its 2018 peak. That is 25.7% of the company. Since fiscal 2019 alone it bought back about 97.6 million shares, while the count fell by 88.8 million. The difference went to employees and other new shares.

How many shares does D.R. Horton have outstanding?

279,701,267 shares, as of July 16, 2026, from the cover page of its latest 10-Q. At the 2018 peak it had 376,274,635.

What do D.R. Horton's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held D.R. Horton stock in 2018 owns 1.3 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does D.R. Horton compare with other cannibal stocks?

D.R. Horton ranks No. 64 of 65 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Cigna (29.0%), Ashland (26.7%), Rave Restaurant Group (21.1%).

Every answer is computed from D.R. Horton's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.

Superinvestors who own it

Warren BuffettBerkshire Hathaway3,564 shares, $581K, Q2 2026

From the latest 13F filings. All superinvestors.

Insider buying, last 12 months

No open-market purchases reported in the last 12 months.

The story

The numbers say what happened. The story says whether it can continue. We cover companies like D.R. Horton in depth on Cannibal Stocks.

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