D.R. Horton, Inc. (DHI)
NYSE: DHI · Real-Time Price · USD
161.12
-1.08 (-0.67%)
Apr 22, 2026, 2:33 PM EDT - Market open

D.R. Horton Statistics

Total Valuation

D.R. Horton has a market cap or net worth of $45.91 billion. The enterprise value is $50.36 billion.

Market Cap45.91B
Enterprise Value 50.36B

Important Dates

The last earnings date was Tuesday, April 21, 2026, before market open.

Earnings Date Apr 21, 2026
Ex-Dividend Date Feb 5, 2026

Share Statistics

D.R. Horton has 284.94 million shares outstanding. The number of shares has decreased by -8.51% in one year.

Current Share Class 284.94M
Shares Outstanding 284.94M
Shares Change (YoY) -8.51%
Shares Change (QoQ) -1.47%
Owned by Insiders (%) 1.91%
Owned by Institutions (%) 88.91%
Float 256.79M

Valuation Ratios

The trailing PE ratio is 15.05 and the forward PE ratio is 14.47. D.R. Horton's PEG ratio is 2.59.

PE Ratio 15.05
Forward PE 14.47
PS Ratio 1.37
Forward PS 1.32
PB Ratio 1.96
P/TBV Ratio 1.95
P/FCF Ratio 13.07
P/OCF Ratio 12.52
PEG Ratio 2.59
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.80, with an EV/FCF ratio of 14.40.

EV / Earnings 15.87
EV / Sales 1.51
EV / EBITDA 11.80
EV / EBIT 12.10
EV / FCF 14.40

Financial Position

The company has a current ratio of 4.50, with a Debt / Equity ratio of 0.27.

Current Ratio 4.50
Quick Ratio 0.28
Debt / Equity 0.27
Debt / EBITDA 1.54
Debt / FCF 1.88
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 13.08% and return on invested capital (ROIC) is 11.18%.

Return on Equity (ROE) 13.08%
Return on Assets (ROA) 7.30%
Return on Invested Capital (ROIC) 11.18%
Return on Capital Employed (ROCE) 14.50%
Weighted Average Cost of Capital (WACC) 10.67%
Revenue Per Employee $2.33M
Profits Per Employee $221,226
Employee Count14,341
Asset Turnover 0.94
Inventory Turnover 0.97

Taxes

In the past 12 months, D.R. Horton has paid $1.02 billion in taxes.

Income Tax 1.02B
Effective Tax Rate 24.10%

Stock Price Statistics

The stock price has increased by +33.50% in the last 52 weeks. The beta is 1.45, so D.R. Horton's price volatility has been higher than the market average.

Beta (5Y) 1.45
52-Week Price Change +33.50%
50-Day Moving Average 148.68
200-Day Moving Average 153.40
Relative Strength Index (RSI) 70.35
Average Volume (20 Days) 2,790,089

Short Selling Information

The latest short interest is 16.23 million, so 5.70% of the outstanding shares have been sold short.

Short Interest 16.23M
Short Previous Month 17.11M
Short % of Shares Out 5.70%
Short % of Float 6.32%
Short Ratio (days to cover) 5.85

Income Statement

In the last 12 months, D.R. Horton had revenue of $33.35 billion and earned $3.17 billion in profits. Earnings per share was $10.72.

Revenue33.35B
Gross Profit 7.20B
Operating Income 4.16B
Pretax Income 4.23B
Net Income 3.17B
EBITDA 4.27B
EBIT 4.16B
Earnings Per Share (EPS) $10.72
Full Income Statement

Balance Sheet

The company has $1.92 billion in cash and $6.56 billion in debt, with a net cash position of -$4.65 billion or -$16.30 per share.

Cash & Cash Equivalents 1.92B
Total Debt 6.56B
Net Cash -4.65B
Net Cash Per Share -$16.30
Equity (Book Value) 24.20B
Book Value Per Share 82.91
Working Capital 24.08B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.65 billion and capital expenditures -$154.40 million, giving a free cash flow of $3.50 billion.

Operating Cash Flow 3.65B
Capital Expenditures -154.40M
Depreciation & Amortization 108.40M
Net Borrowing 7.30M
Free Cash Flow 3.50B
FCF Per Share $12.27
Full Cash Flow Statement

Margins

Gross margin is 21.60%, with operating and profit margins of 12.47% and 9.51%.

Gross Margin 21.60%
Operating Margin 12.47%
Pretax Margin 12.68%
Profit Margin 9.51%
EBITDA Margin 12.80%
EBIT Margin 12.47%
FCF Margin 10.49%

Dividends & Yields

This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 1.12%.

Dividend Per Share $1.80
Dividend Yield 1.12%
Dividend Growth (YoY) 21.43%
Years of Dividend Growth 11
Payout Ratio 15.86%
Buyback Yield 8.51%
Shareholder Yield 9.63%
Earnings Yield 6.94%
FCF Yield 7.65%
Dividend Details

Analyst Forecast

The average price target for D.R. Horton is $163.25, which is 1.32% higher than the current price. The consensus rating is "Hold".

Price Target $163.25
Price Target Difference 1.32%
Analyst Consensus Hold
Analyst Count 14
Revenue Growth Forecast (5Y) 4.69%
EPS Growth Forecast (5Y) 13.47%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on March 17, 2005. It was a forward split with a ratio of 1.33333:1.

Last Split Date Mar 17, 2005
Split Type Forward
Split Ratio 1.33333:1

Scores

D.R. Horton has an Altman Z-Score of 5.69 and a Piotroski F-Score of 5.

Altman Z-Score 5.69
Piotroski F-Score 5