D.R. Horton is the largest homebuilder in the United States, operating through decentralized divisions across multiple states. The company constructs and sells completed homes across a range of price points and product types—from entry-level to luxury—targeting diverse customer segments including first-time buyers, move-up buyers, active adults, and luxury purchasers. In addition to homebuilding, which generates the vast majority of revenue, D.R. Horton operates rental properties, owns a majority stake in a lot development company, and provides financial services to homebuyers through a mortgage subsidiary and title insurance operations. The company generates revenue primarily from home sales, supplemented by land and lot sales, rental operations, mortgage origination fees, and title services.