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) Return on invested capital
D.R. Horton, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 9.00%. Over the past ten years it has ranged from 8.89% (fiscal 2015) to 22.7% (fiscal 2022); the current reading is higher than 17% of that period. That is above the Residential Construction industry median of 4.98% and above the Consumer Cyclical sector median of 3.42%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2026 | 9.00% | (2.01) |
| FY2025 | 11.0% | (4.00) |
| FY2024 | 15.0% | (2.47) |
| FY2023 | 17.5% | (5.17) |
| FY2022 | 22.7% | 1.01 |
| FY2021 | 21.6% | 6.38 |
| FY2020 | 15.3% | 3.79 |
| FY2019 | 11.5% | (0.93) |
| FY2018 | 12.4% | 1.46 |
| FY2017 | 10.9% | 0.70 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| CVCO Cavco Industries, Inc. compare | 17.4% |
| IBP Installed Building Products, Inc. compare | 16.4% |
| SKY Champion Homes, Inc. compare | 15.8% |
| PHM PulteGroup, Inc. compare | 10.6% |
| TOL Toll Brothers Inc. compare | 9.08% |
| DHI D.R. Horton, Inc. | 9.00% |
| LEN.B Lennar Corporation compare | 4.53% |
| LEN Lennar Corporation compare | 4.53% |
| NVR NVR, Inc. compare | 0.00% |
| Residential Construction industry median | 4.98% |
| Consumer Cyclical sector median | 3.42% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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- P/E ratio
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- Price to free cash flow
- EV/EBITDA
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- Total debt
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