D.R. Horton (DHI) Stock Analysis

June 13, 2026

Here is a fundamental analysis of D.R. Horton (DHI), benchmarking its profitability, financial strength, dividend and valuation against its industry group peers.

Performance

Cumulative Growth

DHI

GSPC

D.R. Horton (DHI) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for D.R. Horton (DHI) and S&P 500 (GSPC). Returns over one year are annualized.

Performance at a Glance

D.R. Horton (DHI) metric values compared with Consumer Durables & Apparel industry-group medians
Metric	Current stock: DHI	Industry group median
1-Year Return	23.48%	19.21%

Risk

Drawdown

DHI

GSPC

D.R. Horton (DHI) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

D.R. Horton (DHI) metric values compared with Consumer Durables & Apparel industry-group medians
Metric	Current stock: DHI	Industry group median
1-Year Volatility	39.16%	42.84%
Beta	1.36	1.26

Company Profile

Company profile fields for D.R. Horton (DHI)
Profile Item	DHI
Name	D.R. Horton, Inc.
Country/Region	United States
GICS Sector	Consumer Discretionary
GICS Industry Group	Consumer Durables & Apparel
GICS Industry	Household Durables
GICS Sub-Industry	Homebuilding
Market Capitalization	43.70 billion USD
Currency	USD
Exchange	NYSE
Listing Date	June 5, 1992
Security Type	Common Stock

Valuation

Price-to-Earnings Ratio (TTM)

D.R. Horton (DHI) trades at P/E ratio of 14.47, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

DHI

Consumer Durables & Apparel industry group

14.47

Group distribution

Max: 54.36
Q3: 31.19
Median: 20.09
DHI: 14.47
Q1: 14.00
Min: 6.58

Largest peers

TPR: 45.08
NKE: 29.56
RL: 26.74
GRMN: 26.60
SONY: 19.19
DHI: 14.47
PHM: 11.91

Where D.R. Horton (DHI) stands on P/E ratio within its Consumer Durables & Apparel peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Sales Ratio (TTM)

D.R. Horton (DHI) trades at 1.31 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

DHI

Consumer Durables & Apparel industry group

1.31

Group distribution

Max: 3.79
Q3: 1.94
DHI: 1.31
Median: 1.14
Q1: 0.58
Min: 0.01

Largest peers

GRMN: 6.15
TPR: 3.79
RL: 2.96
NKE: 1.43
PHM: 1.39
DHI: 1.31
SONY: 0.01

Where D.R. Horton (DHI) stands on P/S ratio within its Consumer Durables & Apparel peer group — the box is the group’s distribution and the dots its largest members.

Price-to-Book Ratio (MRQ)

D.R. Horton (DHI) trades at 1.86 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

DHI

Consumer Durables & Apparel industry group

1.86

Group distribution

Max: 8.87
Q3: 4.57
Median: 2.01
DHI: 1.86
Q1: 1.11
Min: 0.60

Largest peers

TPR: 43.71
RL: 8.48
GRMN: 4.95
NKE: 4.72
SONY: 2.40
DHI: 1.86
PHM: 1.81

Where D.R. Horton (DHI) stands on P/B ratio within its Consumer Durables & Apparel peer group — the box is the group’s distribution and the dots its largest members.

Valuation at a Glance

D.R. Horton (DHI) metric values compared with Consumer Durables & Apparel industry-group medians
Metric	Current stock: DHI	Industry group median
Price-to-Earnings Ratio (TTM)	14.47	20.09
Price-to-Sales Ratio (TTM)	1.31	1.14
Price-to-Book Ratio (MRQ)	1.86	2.01
Free Cash Flow Yield	6.58%	4.74%

Profitability

Return on Equity (TTM)

D.R. Horton (DHI) posts ROE of 13.08%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

DHI

Consumer Durables & Apparel industry group

13.08%

Group distribution

Max: 35.09%
Q3: 17.65%
DHI: 13.08%
Median: 9.44%
Q1: 4.31%
Min: -12.26%

Largest peers

TPR: 60.91%
RL: 34.66%
GRMN: 19.90%
PHM: 16.18%
NKE: 16.02%
DHI: 13.08%
SONY: 12.37%

Where D.R. Horton (DHI) stands on ROE within its Consumer Durables & Apparel peer group — the box is the group’s distribution and the dots its largest members.

Net Profit Margin (TTM)

D.R. Horton (DHI) keeps 9.51% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

DHI

Consumer Durables & Apparel industry group

9.51%

Group distribution

Max: 18.71%
DHI: 9.51%
Q3: 8.47%
Median: 4.93%
Q1: 1.51%
Min: -6.30%

Largest peers

GRMN: 23.26%
PHM: 12.14%
RL: 11.60%
DHI: 9.51%
TPR: 8.44%
NKE: 4.84%
SONY: -2.62%

Where D.R. Horton (DHI) stands on net margin within its Consumer Durables & Apparel peer group — the box is the group’s distribution and the dots its largest members.

Operating Profit Margin (TTM)

D.R. Horton (DHI) turns 11.26% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

DHI

Consumer Durables & Apparel industry group

11.26%

Group distribution

Max: 27.58%
Q3: 13.23%
DHI: 11.26%
Median: 6.76%
Q1: 3.58%
Min: -9.19%

Largest peers

GRMN: 24.62%
TPR: 22.42%
RL: 13.37%
PHM: 13.14%
DHI: 11.26%
SONY: 7.55%
NKE: 6.94%

Where D.R. Horton (DHI) stands on operating margin within its Consumer Durables & Apparel peer group — the box is the group’s distribution and the dots its largest members.

Profitability at a Glance

D.R. Horton (DHI) metric values compared with Consumer Durables & Apparel industry-group medians
Metric	Current stock: DHI	Industry group median
Return on Equity (TTM)	13.08%	9.44%
Return on Assets (TTM)	7.30%	5.20%
Net Profit Margin (TTM)	9.51%	4.93%
Operating Profit Margin (TTM)	11.26%	6.76%
Gross Profit Margin (TTM)	21.60%	40.92%

Financial Strength

Current Ratio (MRQ)

D.R. Horton (DHI) has current ratio of 6.37, above the industry’s typical middle range. Liquidity looks ample versus peers, though an unusually high cushion can also mean idle current assets or inefficient working capital.

DHI

Consumer Durables & Apparel industry group

6.37

Group distribution

Max: 8.27
DHI: 6.37
Q3: 4.43
Median: 2.38
Q1: 1.66
Min: 0.78

Largest peers

PHM: 7.14
DHI: 6.37
GRMN: 4.36
NKE: 2.14
RL: 2.13
TPR: 1.84
SONY: 1.18

Where D.R. Horton (DHI) stands on current ratio within its Consumer Durables & Apparel peer group — the box is the group’s distribution and the dots its largest members.

Debt-to-Equity Ratio (MRQ)

D.R. Horton (DHI) has debt-to-equity ratio of 0.27, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

DHI

Consumer Durables & Apparel industry group

0.27

Group distribution

Max: 2.92
Q3: 1.30
Median: 0.54
DHI: 0.27
Q1: 0.20
Min: 0.00

Largest peers

TPR: 5.75
RL: 1.06
NKE: 0.79
DHI: 0.27
SONY: 0.20
PHM: 0.19
GRMN: 0.02

Where D.R. Horton (DHI) stands on debt-to-equity ratio within its Consumer Durables & Apparel peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength at a Glance

D.R. Horton (DHI) metric values compared with Consumer Durables & Apparel industry-group medians
Metric	Current stock: DHI	Industry group median
Current Ratio (MRQ)	6.37	2.38
Debt-to-Equity Ratio (MRQ)	0.27	0.54
Net Debt / EBITDA	1.11	1.68

Dividends

Dividend Yield (TTM)

D.R. Horton (DHI) has dividend yield of 1.17%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

DHI

Consumer Durables & Apparel industry group

1.17%

Group distribution

Max: 4.45%
Q3: 2.09%
DHI: 1.17%
Median: 0.84%
Q1: 0.00%
Min: 0.00%

Largest peers

NKE: 3.65%
GRMN: 1.76%
DHI: 1.17%
TPR: 1.09%
RL: 0.93%
PHM: 0.84%
SONY: 0.77%

Where D.R. Horton (DHI) stands on dividend yield within its Consumer Durables & Apparel peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

D.R. Horton (DHI) has payout ratio of 15.96%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

DHI

Consumer Durables & Apparel industry group

15.96%

Group distribution

Max: 99.29%
Q3: 40.31%
DHI: 15.96%
Median: 9.28%
Q1: 0.00%
Min: 0.00%

Largest peers

NKE: 106.58%
TPR: 47.26%
GRMN: 40.18%
RL: 24.16%
DHI: 15.96%
SONY: 14.25%
PHM: 9.28%

Where D.R. Horton (DHI) stands on payout ratio within its Consumer Durables & Apparel peer group — the box is the group’s distribution and the dots its largest members.

Dividends at a Glance

D.R. Horton (DHI) metric values compared with Consumer Durables & Apparel industry-group medians
Metric	Current stock: DHI	Industry group median
Dividend Yield (TTM)	1.17%	0.84%
Dividend Payout Ratio (TTM)	15.96%	9.28%