public traded as nyse dhi s & p 500 industry home construction founder donald r. horton founder & chairman headquarters fort worth texas united states key people david auld ceo michael murray coo bill wheat cfo divisions emerald homes express homes 1 website www.drhorton.com d. r. horton is the largest home construction company in the united states based on its 37 380 houses sold up 26 % year over year and closed 36 648 up 28 % year over year in fiscal year 2015 . d.r. horton posted revenues of 10.7 billion in 2015 . 2 d. r. horton was founded in 1978 by donald r. horton in the dallas fort worth metroplex . the company s headquarters is located in the d. r. horton tower in downtown fort worth . d. r. horton operates three separately branded divisions emerald homes express homes and freedom homes . express homes is tailored to entry level buyers while the emerald homes brand is sold as luxury real estate . 3 4 in july 2016 d.r. horton announced the launch of their freedom homes division . 5 the communities will be built as active adult housing and are set to be debuted in florida texas and arizona . 6 d.r. horton s geographic exposure extends from texas to the southeast mid atlantic west coast and southwest . the company has minimal exposure in the upper midwest and northeast . single family detached homes accounted for 91 % of d.r. horton s sales in 2013 . the company also builds condominiums town homes and multi family residences . d.r. horton also operates a financial arm which provides mortgage financing and ancillary services such as title agency services . the company doesn t maintain mortgage exposure on its balance sheet . it immediately sells the loans to third parties . also most of the company s loans are agencies ginnie mae and freddie mac . financial services account for about 3 % of d.r. horton s revenues . 7 in april 2015 d. r. horton expanded its operations in the pacific northwest with a 72 million purchase of the homebuilding operations of pacific ridge homes in seattle washington . 8 the acquisition included 350 lots 90 homes in inventory and 40 homes in sales order backlog . horton also acquired control of about 400 lots through option contracts . 9 in may 2015 d. r. horton received approval from the honolulu city council to begin construction on a 11 750 home master planned community in west oahu hawaii . 10 on september 6 2016 d. r. horton announced their acquisition of wilson parker homes . 11 the company paid 90 million in cash for wilson parker homes and its assets which included 490 lots 390 homes in inventory and 300 homes in sales order backlog . 12 controversy edit the company has been involved in a closely followed national labor relations board case involving a mandatory arbitration agreement provision relating to the waiver of rights to bring a class or collective action to resolve employment disputes in d.r. horton inc. v. national labor relations board no. 12 60031 dec. 3 2013 . 13 lawsuits surrounding hydraulic fracturing in the town of denton texas have brought the company in proximity to legal actions taken against the city and local drilling companies . residents allege that the town council permitted the company to build houses as close at 250 feet to the gas wells after the city had banned drilling within 1200 feet of residences . 14 references edit hudson kris april 29 2014 . texas builder tests the merits of pace over price . the wall street journal . retrieved may 10 2015 . 2014 builder s top 100 . hanley wood media inc. retrieved may 10 2015 . hudson kris january 26 2015 . why home builder d.r. horton s shrinking margins might be good for the rest of us . the wall street journal . retrieved may 10 2015 . ten questions for emerald homes . sowal . moon creek studios . january 7 2014 . retrieved may 10 2015 . baker max july 26 2016 . d.r. horton targets seniors with affordable housing brand . star telegram . retrieved august 10 2016 . shaver les july 26 2016 . horton launches affordable active adult brand . builder . retrieved august 10 2016 . nyitray brent . overview of home builder d.r. horton . market realist . market realist inc. retrieved november 21 2014 . maurus christine april 27 2015 . d.r. horton to buy pacific ridge homes in seattle area expansion . the seattle times . retrieved may 10 2015 . carlisle candace april 27 2015 . homebuilding giant d.r. horton gets bigger with 72m acquisition . dallas business journal . retrieved may 10 2015 . shimogawa duane may 7 2015 . d.r. horton gets ok for 11 750 home hoopili project in west oahu . pacific business news . retrieved may 10 2015 . allison david september 6 2016 . d.r. horton acquires homebuilding operations of wilson parker homes . atlanta business chronicle . american city business journals . retrieved september 6 2016 . lane ben september 6 2016 . d.r. horton expands buys wilson parker homes . housing wire . hw media llc . retrieved september 6 2016 . sledz jr. henry w. ; schiff hardin llp december 9 2013 . fifth circuit overrules national labor relations board s nlrb d.r. horton decision . the national law review . retrieved december 13 2013 . halperin alex. texas when fracking comes to town . external links edit dallas portal companies portal official website retrieved from https en.wikipedia.org w index.php title d. r. horton & oldid 738101307 categories companies listed on the new york stock exchangecompanies established in 1978companies based in fort worth texashome buildershidden categories pages using infobox company with unsupported parametersofficial website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages fran ais edit links this page was last modified on 6 september 2016 at 22 28 . text is available under the creative commons attribution sharealike license ; 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