D.R. Horton history

Encouraged by the company's consistency and by changes in the housing industry, Horton made an important decision in 1987, one that marked a turning point in the company's development.

He took his company public in June 1992, raising $40 million in D.R. Horton's initial public offering of stock.

In 1993, when sales reached $190 million, the company ranked as the 24th largest builder in the country.

For Horton, the inflexibility of the system defeated his own strategy, which was to sell houses, not build them. "There's nothing a buyer hates worse than to hear 'No,'" he said in a February 28, 1994 interview with Forbes.

In 1997, the company acquired Continental Homes for $305 million and the assumption of $278 million in debt.

In Arlington, Texas, however, certain aspects of the company's overall operation fell under the control of a central command, particularly after a national accounts division was created in 1998.

In 1999, the company acquired Century Title Agency.

According to Forbes, it is considered one of the top 2000 largest public companies in the world.

Net income for the year eclipsed $400 million, a 57 percent increase over the profits recorded in 2001.

The company generated $6.7 billion in revenues in 2002, a total collected from closing the sale of 29,761 homes.

Although the company announced it did not intend to complete any acquisitions in 2003, its dedication to growth remained unchecked.

In April 2015, the company acquired Pacific Ridge Homes, based in Seattle, for $72 million.

In 2016, the company acquired Wilson Parker Homes for $90 million.

In 2017, the company moved its headquarters from Fort Worth, Texas to Arlington, Texas.