D.R. Horton — Oct 29, 2024 release

Guidance Based on current market conditions, D.R. Horton is providing initial guidance for fiscal 2025 including: • Consolidated revenues of approximately $36.0 billion to $37.5 billion • Homes closed by homebuilding operations of 90,000 homes to 92,000 homes • Income tax rate of approximately 24.5% • Consolidated cash flow provided by operations greater than fiscal 2024 • Share repurchases of approximately $2.4 billion and dividend payments of approximately $500 million The Company plans to also provide guidance for its first quarter of fiscal 2025 on its conference call today. Conference Call and Webcast Details The Company will host a conference call today (Tuesday, October 29) at 8:30 a.m. Eastern Time. The dial-in number is 888-506-0062 (reference entry code 584166), and the call will also be webcast from the Company's website at investor.drhorton.com. About D.R. Horton, Inc. D.R. Horton, Inc., America’s Builder, has been the largest homebuilder by volume in the United States since 2002 and has closed more than 1,100,000 homes in its 46-year history. D.R. Horton has operations in 125 markets in 36 states across the United States and is engaged in the construction and sale of high-quality homes through its diverse product portfolio with sales prices generally ranging from $200,000 to over $1,000,000. The Company also constructs and sells both single-family and multi-family rental properties. During its fiscal year ended September 3