| Business Summary | | D.
R.
Horton
Inc.
is
a
national
builder
that
is
engaged
primarily
in
the
construction
and
sale
of
single-family
housing
in
39
markets
and
23
states
in
the
United
States.
The
Company
designs,
builds
and
sells
single-family
houses
on
lots
developed
by
it
and
on
finished
lots
that
it
purchases,
ready
for
home
construction.
Periodically,
the
Company
sells
lots
it
has
developed.
D.
R.
Horton
also
provides
title
agency
and
mortgage
brokerage
services
to
its
homebuyers.
It
does
not
retain
or
service
the
mortgages
that
it
originates
but,
rather,
sells
the
mortgages
and
related
servicing
rights
to
investors.
The
Company
builds
homes
under
the
names
D.R.
Horton,
Arappco,
Cambridge,
Continental,
Dobson,
Mareli,
Milburn,
Regency,
SGS,
Torrey
and
Trimark. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | DHI
is
a
national
home
builder
that
constructs
and
sells
single-family
homes
in
metropolitan
areas
of
the
Mid-Atlantic,
Midwest,
Southeast,
Southwest
and
West
regions
of
the
U.S.
DHI
also
provides
title
agency
and
mortgage
brokerage
services.
For
the
nine
months
ended
6/30/01,
revenues
rose
14%
to
$2.92
billion.
Net
income
before
accounting
change
rose
29%
to
$168.1
million.
Results
reflect
strong
housing
demand,
higher
prices
and
reduced
material
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Donald Horton, 50 Chairman | $1.2M | Donald Tomnitz, 52 Vice
Chairman, Pres, CEO | 968K | Samuel Fuller, 57 CFO,
Exec. VP, Treasurer, Director | 326K | Stacey Dwyer, 34 Exec.
VP of Investor Relations | 115K | Scott Stone, 49 VP,
Director | -- | Dollar amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|