D.R. Horton, Inc. (DHI) vs NVR, Inc. (NVR)

D.R. Horton, Inc. and NVR, Inc. are both Residential Construction companies. D.R. Horton, Inc. is the larger, with a market value of $42.8B against $17.1B — 2.5× the size. D.R. Horton, Inc. trades at the lower P/E: 15.4× against 16.9×. D.R. Horton, Inc. grew revenue faster over the last twelve months: −3.52% against −10.9%. NVR, Inc. has the higher net margin (11.2% vs 8.74%) and the lower return on invested capital (0.00% vs 9.00%). Across the 22 metrics below, D.R. Horton, Inc. leads on 14 and NVR, Inc. on 8.

Valuation

Metric DHI NVR Residential Construction median
P/E 15.36 16.86 15.45
P/S 1.32 1.83 1.32
P/B 1.84 4.97 1.24
Price to free cash flow 13.01 20.86 21.26
EV/EBITDA 11.45 10.54 12.52
EV/Sales 1.36 1.76 1.48
Earnings yield 6.51% 5.93% 6.38%
Free cash flow yield 7.69% 4.79% 4.64%

Profitability

Metric DHI NVR Residential Construction median
Gross margin 22.28% 0.00% 19.15%
Operating margin 10.93% 0.00% 7.50%
Net margin 8.74% 11.23% 6.72%
Free cash flow margin 10.13% 8.78% 8.39%
Return on equity 11.93% 28.30% 11.56%
Return on assets 8.22% 18.05% 6.99%
Return on invested capital 9.00% 0.00% 4.98%

Growth

Metric DHI NVR Residential Construction median
Revenue growth (TTM) (3.52%) (10.85%) (6.00%)
EPS growth (last fiscal year) (11.17%) (13.84%) (25.22%)
Revenue growth, 5-year CAGR 3.54% 6.50% 8.74%
Net income growth, 5-year CAGR (7.10%) 8.25% 8.25%

Health

Metric DHI NVR Residential Construction median
Debt to equity 0.26 0.00 0.17
Current ratio 6.01 5.28 3.25
Net debt to EBITDA 0.37 (0.88) 0.37

Dividend

Metric DHI NVR Residential Construction median
Dividend yield 1.15% — 1.15%
Payout ratio 0.18 — 0.18

Size

Metric DHI NVR Residential Construction median
Market cap 42.79b 17.09b 4.72b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack