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
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D.R. Horton, Inc. (DHI) Net margin
D.R. Horton, Inc.'s net margin over the twelve months to 30 September 2026 was 8.74%. Over the past ten years it has ranged from 6.94% (fiscal 2015) to 17.5% (fiscal 2022); the current reading is higher than 33% of that period. That is above the Residential Construction industry median of 6.72% and above the Consumer Cyclical sector median of 2.12%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2026 | 8.74% | (1.73) |
| FY2025 | 10.5% | (2.45) |
| FY2024 | 12.9% | (0.46) |
| FY2023 | 13.4% | (4.12) |
| FY2022 | 17.5% | 2.47 |
| FY2021 | 15.0% | 3.34 |
| FY2020 | 11.7% | 2.49 |
| FY2019 | 9.20% | 0.11 |
| FY2018 | 9.09% | 1.72 |
| FY2017 | 7.37% | 0.08 |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Sep 2026 | 7.92% | (1.89) |
| Jun 2026 | 9.81% | 1.24 |
| Mar 2026 | 8.57% | (0.07) |
| Dec 2025 | 8.64% | (0.71) |
| 43 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| PHM PulteGroup, Inc. compare | 11.2% |
| NVR NVR, Inc. compare | 11.2% |
| TOL Toll Brothers Inc. compare | 11.1% |
| DHI D.R. Horton, Inc. | 8.74% |
| IBP Installed Building Products, Inc. compare | 7.87% |
| CVCO Cavco Industries, Inc. compare | 7.68% |
| SKY Champion Homes, Inc. compare | 6.84% |
| LEN.B Lennar Corporation compare | 4.05% |
| LEN Lennar Corporation compare | 4.05% |
| Residential Construction industry median | 6.72% |
| Consumer Cyclical sector median | 2.12% |
| Market median | 1.06% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
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- Revenue
- Net income
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- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
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- Current ratio
- Total debt
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- Book value per share
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