D.R. Horton, Inc.
DHI Consumer Cyclical Residential Construction
D.R. Horton, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $34.3 billion, down 6.93% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 4.75%, free cash flow fell 44.1% and total debt fell 1.88%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.
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D.R. Horton, Inc. (DHI) EBITDA
D.R. Horton, Inc.'s EBITDA for fiscal 2025 was $4.5B, down 24.9% from $6.0B in fiscal 2024. Over the twelve months to 30 June 2026 it was $3.9B. Over the past ten years it has ranged from $1.2B (fiscal 2015) to $7.7B (fiscal 2022); the current reading is higher than 64% of that period. EBITDA has fallen for 3 consecutive fiscal years. D.R. Horton, Inc. ranks 1st of 18 Residential Construction companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | $4.5B | (24.86%) |
| FY2024 | $6.0B | (2.75%) |
| FY2023 | $6.2B | (19.06%) |
| FY2022 | $7.7B | 41.68% |
| FY2021 | $5.4B | 81.20% |
| FY2020 | $3.0B | 40.44% |
| FY2019 | $2.1B | 2.62% |
| FY2018 | $2.1B | 26.39% |
| FY2017 | $1.6B | 16.80% |
| FY2016 | $1.4B | 20.56% |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Jun 2026 | $1.2B | 42.98% |
| Mar 2026 | $828.1M | 9.35% |
| Dec 2025 | $757.3M | (34.32%) |
| Sep 2025 | $1.2B | (10.62%) |
| 42 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| DHI D.R. Horton, Inc. | $3.9B |
| PHM PulteGroup, Inc. compare | $2.6B |
| LEN Lennar Corporation compare | $1.9B |
| LEN.B Lennar Corporation compare | $1.9B |
| TOL Toll Brothers Inc. compare | $1.6B |
| NVR NVR, Inc. compare | $1.6B |
| IBP Installed Building Products, Inc. compare | $519.6M |
| SKY Champion Homes, Inc. compare | $282.3M |
| CVCO Cavco Industries, Inc. compare | $245.5M |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
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- EV/EBITDA
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