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Friday 6 November 2026 Export DHI’s income statement to Excel — free account

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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
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D.R. Horton, Inc. (DHI) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, D.R. Horton, Inc. (DHI) trades at a P/B ratio of 1.8×. Over the past ten years it has ranged from 1.0× (March 2020) to 2.9× (May 2021); the current reading is higher than 50% of that period. That is above the Residential Construction industry median of 1.2× and above the Consumer Cyclical sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2026 1.6× (24.46%)
FY2025 2.1× (13.19%)
FY2024 2.4× 55.68%
FY2023 1.6× 30.60%
FY2022 1.2× (39.92%)
FY2021 2.0× (12.62%)
FY2020 2.3× 19.54%
FY2019 1.9× 9.89%
FY2018 1.7× (10.12%)
FY2017 1.9× 17.10%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.6× (15.24%)
Jun 2026 1.9× 15.36%
Mar 2026 1.6× (4.78%)
Dec 2025 1.7× (18.86%)
43 more quarters

Against its own ten years

Low 1.0× High 2.9×
Ten-year median 1.8×
Current reading's percentile 51

P/B ratio against peers

Company P/B ratio
LEN.B Lennar Corporation compare 1.0×
LEN Lennar Corporation compare 1.0×
TOL Toll Brothers Inc. compare 1.7×
DHI D.R. Horton, Inc. 1.8×
PHM PulteGroup, Inc. compare 1.9×
SKY Champion Homes, Inc. compare 3.2×
CVCO Cavco Industries, Inc. compare 4.4×
NVR NVR, Inc. compare 5.0×
IBP Installed Building Products, Inc. compare 8.4×
Residential Construction industry median 1.2×
Consumer Cyclical sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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