D. R. Horton/$DHI
1D1W1MYTD1Y5YMAX
Capital at risk
About D. R. Horton
D.R. Horton is the largest homebuilder in the United States with operations in 126 markets across 36 states. D.R. Horton mainly builds single-family homes (over 90% of home sales revenue) and offers products to entry-level, move-up, luxury buyers, and active adults. The company offers homebuyers mortgage financing and title agency services through its financial services segment. The firm has majority ownership of Forestar Group, a publicly traded residential lot development company. D.R. Horton's headquarters are in Arlington, Texas.
- Ticker
- $DHI
- Sector
- Consumer Discretionary
- Primary listing
- NYSE
- Employees
- 14,341
- Headquarters
- Arlington, United States
- Website
- www.drhorton.com
D. R. Horton Metrics
BasicAdvanced
$38B
13.04
$10.51
1.36
$1.80
1.31%
Price and volume
Market cap
$38B
Beta
1.36
52-week high
$176.22
52-week low
$131.75
Average daily volume
2.5M
Dividend rate
$1.80
Financial strength
Current ratio
4.321
Quick ratio
0.423
Long term debt to equity
0.195
Total debt to equity
0.291
Dividend payout ratio (TTM)
16.60%
Profitability
EBITDA (TTM)
4,127.4
Gross margin (TTM)
21.30%
Net profit margin (TTM)
9.15%
Operating margin (TTM)
12.04%
Effective tax rate (TTM)
24.45%
Revenue per employee (TTM)
$2,330,000
Management effectiveness
Return on assets (TTM)
6.88%
Return on equity (TTM)
12.63%
Valuation
Price to earnings (TTM)
13.039
Price to revenue (TTM)
1.19
Price to book
1.62
Price to tangible book (TTM)
1.63
Price to free cash flow (TTM)
12.395
Free cash flow yield (TTM)
8.07%
Free cash flow per share (TTM)
11.057
Dividend yield (TTM)
1.31%
Forward dividend yield
1.31%
Growth
Revenue change (TTM)
-3.54%
Earnings per share change (TTM)
-15.77%
3-year revenue growth (CAGR)
-1.22%
10-year revenue growth (CAGR)
11.15%
3-year earnings per share growth (CAGR)
-9.28%
10-year earnings per share growth (CAGR)
16.67%
3-year dividend per share growth (CAGR)
21.53%
10-year dividend per share growth (CAGR)
19.19%
What the Analysts think about D. R. Horton
Analyst ratings (Buy, Hold, Sell) for D. R. Horton stock.
Analyst projections of the future price of D. R. Horton stock.
Bulls say / Bears say
D.R. Horton is still executing better than the weak market suggests: third-quarter closings rose 4% to 23,983 and home sales gross margin was 20.7%. Faster construction and only 600 completed homes unsold for more than six months show disciplined inventory management. (D.R. Horton, HousingWire)
The company is preserving financial flexibility rather than chasing volume. It expects at least $3 billion of operating cash flow, $2.5 billion of buybacks and $500 million of dividends for fiscal 2026, while using more controlled and third-party lots to reduce land risk. (D.R. Horton, Exa)
D.R. Horton’s mortgage arm is helping buyers bridge the affordability gap: the average mortgage rate for its backlog customers was about 4.9%, versus roughly 6.5% in the market, with an average buydown of 1.6%. If market rates ease, the company could reduce incentives and recover margin without needing a major volume increase. (Exa, D.R. Horton)
Affordability is now limiting demand, not merely slowing growth. D.R. Horton cut fiscal 2026 revenue guidance to $32.5 billion-$33.0 billion as high mortgage rates, rising costs and cautious consumers weakened sales. (Reuters, D.R. Horton)
The company is buying demand with incentives, including mortgage-rate buydowns, while construction and tariff-related costs remain a risk. Third-quarter home sales gross margin fell to 20.7% from 21.8% a year earlier, and management expects incentives to remain elevated. (Reuters, D.R. Horton)
Sales quality is deteriorating: third-quarter orders were flat year on year while cancellations rose to 20% from 17%. With 23,300 unsold homes, including 7,600 completed homes, D.R. Horton may need further price cuts or incentives if demand weakens before inventory converts. (D.R. Horton, HousingWire)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.
D. R. Horton Financial Performance
Revenues and expenses
D. R. Horton Earnings Performance
Company profitability
Upcoming events
No upcoming events
D. R. Horton News
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Funds containing D. R. Horton
AllGBPUSDEUR
Fund name | Fund size | $DHI weighting |
|---|---|---|
iShares S&P 500 Consumer Discretionary Sector£ICDU | £555M | 0.78% |
iShares Edge MSCI World Value Factor$IWVL | $7.4B | 0.23% |
iShares Edge MSCI World Value Factor€IS3S | €6.4B | 0.23% |
iShares Edge MSCI World Value Factor£IWFV | £5.5B | 0.23% |
iShares MSCI USA Islamic$ISDU | $594M | 0.21% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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