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.

139.39 0.16 −0.11%
Market cap
$39.0B
P/E
13.2×
Fwd P/E
13.8×
Dividend yield
1.29%
F-score
4/9
Altman Z
6.41
Beneish M
n/a
Dividend safety
92/100

D.R. Horton, Inc. (DHI) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, D.R. Horton, Inc. (DHI) trades at a P/B ratio of 1.6×. Over the past ten years it has ranged from 1.0× (March 2020) to 2.9× (May 2021); the current reading is higher than 20% of that period. That is above the Residential Construction industry median of 1.1× and in line with the Consumer Cyclical sector median of 1.6×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
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%
FY2016 1.6× (9.58%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 1.9× 15.36%
Mar 2026 1.6× (4.78%)
Dec 2025 1.7× (18.86%)
Sep 2025 2.1× 32.55%
42 more quarters

Against its own ten years

Low 1.0× High 2.9×
Ten-year median 1.8×
Current reading's percentile 22

P/B ratio against peers

Company P/B ratio
LEN.B Lennar Corporation compare 0.8×
LEN Lennar Corporation compare 0.8×
TOL Toll Brothers Inc. compare 1.5×
DHI D.R. Horton, Inc. 1.6×
PHM PulteGroup, Inc. compare 1.6×
SKY Champion Homes, Inc. compare 2.7×
CVCO Cavco Industries, Inc. compare 3.6×
NVR NVR, Inc. compare 4.7×
IBP Installed Building Products, Inc. compare 7.7×
Residential Construction industry median 1.1×
Consumer Cyclical sector median 1.6×
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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