trending Market Intelligence /marketintelligence/en/news-insights/trending/ppzXHWhO_0WzZnZJ3A9vYQ2 content esgSubNav
In This List

S&P revises D.R. Horton outlook to positive

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


S&P revises D.R. Horton outlook to positive

Standard & Poor's Ratings Services revised its outlook onD.R. Horton Inc. to positivefrom stable.

The move reflects S&P's expectations that the homebuilderwill continue to benefit from an improving housing market over the coming year.It expects the company to grow revenues and improve EBITDA such that gross debt-to-EBITDAfalls below 2x, where it is expected to remain.

S&P also affirmed D.R. Horton's BB+ corporate credit rating.

S&P Ratings and S&PGlobal Market Intelligence are owned by S&P Global Inc.