D.R. Horton Inc

LTS : 0I6K
USA·Consumer Cyclical·Homebuilding & Construction
$138.77
−2.27 (−1.49%)Oct 16 close
Market Cap
$40.20B
Enterprise Value
$43.87B
P/E (TTM)
12.54
P/B
1.67
Net Cash / (Debt)
−$3.11B
52-Week Range
$132 — $168
5-Year Range
$60 — $196
Avg Volume (3M)
1.87K
ListingsLTSHAMMEXNYSE

D.R. Horton builds and sells single-family homes across 36 U.S. states, targeting entry-level, move-up, luxury, and active adult buyers. It generates revenue primarily through home sales, supplemented by in-house mortgage lending and title services offered to its own buyers. The company also controls Forestar Group, a publicly traded lot developer that supplies residential land.

Employees14,341IPOJan 18, 2018SIC1522HQ1341 Horton Circle, Arlington, TX, USA, 76011
to

Financials

Profitability

Metric
Current
Margins
Gross Margin
23.3%
Operating Margin
12.3%
EBITDA Margin
12.6%
Net Margin
10.0%
OCF Margin
—
FCF Margin
10.4%
Returns on Capital
ROE
13.7%
ROA
9.4%
ROIC
10.2%
ROCE
12.6%
ROC (Greenblatt)
14.2%
3Y ROIIC
−51.9%
Consistency
Years Profitable / 10Y
10

Valuation

Metric
Current
Earnings Multiples
P/E (TTM)
12.54
Forward P/E
13.18
P/E ex-NRI
12.54
Shiller P/E (CAPE)
13.78
Cash Flow Multiples
P/FCF
11.75
P/OCF
11.27
P/Owner Earnings
12.81
FCF Yield
8.69%
Enterprise Value Multiples
EV / EBIT
10.64
EV / Forward EBIT
9.38
EV / EBITDA
10.38
EV / Forward EBITDA
9.16
EV / Revenue
1.30
EV / Forward Revenue
1.27
Asset / Sales
P/S
1.24
P/B
1.67
P/Tangible Book
1.69
Growth-Adjusted
PEG
1.22

Capital Returns

Metric
Current
Dividends
Dividend Yield (TTM)
1.23%
Forward Dividend Yield
1.30%
3Y Dividend Growth
21.1%
Payout Ratio
0.15
5Y Yield on Cost
2.42%
Buybacks & Dilution
3Y Buyback Ratio
5.00%
5Y Share Change
−16.2%
Combined
Shareholder Yield
9.42%

Balance Sheet

Metric
Current
Leverage
Debt / Equity
0.23
Gross Debt / EBITDA
1.33
Cash / Debt
0.45
Equity / Assets
0.69
Coverage
Interest Coverage
—
Short-Term Liquidity
Current Ratio
12.64
Quick Ratio
2.92
Cash Ratio
0.95
Composite Scores
Piotroski F-Score
5
Altman Z-Score
6.31

Split History

Date
Split
No split history found.

Dividends

Ex-date
Amount
Pay date
2026-02-05
$0.45
2026-02-12
2025-11-13
$0.45
2025-11-20
2025-08-07
$0.4
2025-08-14
2025-05-02
$0.4
2025-05-09
2025-02-07
$0.4
2025-02-14
2024-11-12
$0.4
2024-11-19
2024-08-01
$0.3
2024-08-08
2024-05-01
$0.3
2024-05-09
2024-02-05
$0.3
2024-02-13
2023-11-20
$0.3
2023-11-28
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Transcripts

Date
Transcript
Type
2026-07-21
Q3 2026 D.R. Horton Inc Earnings Call Transcript
Earnings Call
2026-04-21
Q2 2026 DR Horton Inc Earnings Call Transcript
Earnings Call
2026-01-20
Q1 2026 DR Horton Inc Earnings Call Transcript
Earnings Call
2025-10-28
Q4 2025 DR Horton Inc Earnings Call Transcript
Earnings Call
2025-07-22
Q3 2025 DR Horton Inc Earnings Call Transcript
Earnings Call
2025-04-17
Q2 2025 DR Horton Inc Earnings Call Transcript
Earnings Call
2025-01-21
Q1 2025 DR Horton Inc Earnings Call Transcript
Earnings Call
2024-10-29
Q4 2024 DR Horton Inc Earnings Call Transcript
Earnings Call
2024-07-18
Q3 2024 DR Horton Inc Earnings Call Transcript
Earnings Call
2024-04-18
Q2 2024 DR Horton Inc Earnings Call Transcript
Earnings Call
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5-Step DuPont Analysis

ROE %
13.63%
Net Margin %
9.95%
Operating Margin %
12.30%
Operating Income
$4.12B
÷
Revenue
$33.52B
×
Tax Burden
0.7532
Net Income
$3.33B
÷
Pretax Income
$4.43B
×
Interest Burden
1.0742
Pretax Income
$4.43B
÷
Operating Income
$4.12B
×
Asset Turnover
0.96
Revenue
$33.52B
÷
Average Total Assets
$34.84B
Begin Total Assets
$35.03B
End Total Assets
$34.64B
×
Equity Multiplier
1.42
Avg Total Assets
$34.84B
÷
Avg Stockholders Equity
$24.47B
Begin Equity
$24.94B
End Equity
$24.00B