D.R. Horton, Inc.

DHI Consumer Cyclical Residential Construction

D.R. Horton, Inc.’s revenue for fiscal 2026 (year ended September 2026) was $33.0 billion, down 3.52% from fiscal 2025.

Revenue
−3.17%
EPS
−10.4%
Free cash flow
+5.76%
Total debt
+1.48%

Quarter to September 2026, against a year earlier

157.16 0.17 +0.11%
Market cap
$42.8B
P/E
15.4×
Fwd P/E
14.1×
Dividend yield
1.15%
F-score
4/9
Altman Z
5.59
Beneish M
n/a
Dividend safety
92/100

D.R. Horton, Inc. (DHI) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, D.R. Horton, Inc. (DHI) trades at a EV/EBITDA of 11.4×. Over the past ten years it has ranged from 3.2× (October 2022) to 14.8× (April 2015); the current reading is higher than 90% of that period. That is below the Residential Construction industry median of 12.5× and above the Consumer Cyclical sector median of 9.8×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2026 10.0× (14.05%)
FY2025 11.6× 13.46%
FY2024 10.3× 82.21%
FY2023 5.6× 73.65%
FY2022 3.2× (42.56%)
FY2021 5.6× (38.53%)
FY2020 9.2× (4.76%)
FY2019 9.6× 18.63%
FY2018 8.1× (18.07%)
FY2017 9.9× 11.05%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 10.0× (18.21%)
Jun 2026 12.2× 18.92%
Mar 2026 10.3× 0.61%
Dec 2025 10.2× (12.17%)
43 more quarters

Against its own ten years

Low 3.2× High 14.8×
Ten-year median 9.0×
Current reading's percentile 90

EV/EBITDA against peers

Company EV/EBITDA
TOL Toll Brothers Inc. compare 10.3×
PHM PulteGroup, Inc. compare 10.4×
NVR NVR, Inc. compare 10.5×
DHI D.R. Horton, Inc. 11.4×
IBP Installed Building Products, Inc. compare 12.5×
LEN.B Lennar Corporation compare 12.6×
LEN Lennar Corporation compare 12.8×
SKY Champion Homes, Inc. compare 15.9×
CVCO Cavco Industries, Inc. compare 18.2×
Residential Construction industry median 12.5×
Consumer Cyclical sector median 9.8×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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