Where do D.R. Horton's ratios come from?

Every ratio is computed from D.R. Horton's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

D.R. Horton DHI Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q2 '26	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25
Profitability
Gross margin	94.6%-2.7pp	97.3%-2.5pp	99.7%-2.2pp	101.9%-1.5pp	103.4%-0.8pp
Net margin	41.4%-2.6pp	44%-2.7pp	46.8%-2.5pp	49.2%-1.9pp	51.1%-1.2pp
Returns
Return on equity	57.6%-4.6pp	62.2%-5.7pp	67.9%-5.3pp	73.3%-5.2pp	78.5%-4.5pp
Return on invested capital	66%-5.6pp	71.7%-7.0pp	78.7%-7.0pp	85.7%-6.6pp	92.3%-5.7pp
Efficiency
Asset turnover	3.8×-0.1×	3.9×-0.1×	4×-0.1×	4.1×-0.1×	4.3×-0.1×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-2.1×0.0×	-2.1×-0.1×	-2×+0.1×	-2.1×0.0×	-2.1×0.0×
Per Share
Book value per share	$320.51+1.4%	$316.23+1.5%	$311.58+0.6%	$309.85+1.4%	$305.66+2.0%
Valuation
Market capitalization	$172.02B-0.2%	$172.33B-1.7%	$175.26B-6.2%	$186.9B-3.4%	$193.49B-7.0%
Price / earnings	49.2×+3.2×	46×+2.9×	43.1×+1.0×	42.1×+0.7×	41.4×-1.7×
Price / sales	5.1×+0.1×	5×0.0×	5×-0.2×	5.2×-0.1×	5.3×-0.3×
Price / book	7.2×0.0×	7.1×-0.1×	7.2×-0.4×	7.6×-0.2×	7.8×-0.6×
EV / EBITDA	34.2×+2.2×	32×+2.0×	30×+0.8×	29.2×+0.5×	28.8×-1.2×
Dividend yield	4.6%+0.1pp	4.5%+0.2pp	4.2%+0.3pp	3.9%+0.4pp	3.5%+0.4pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about D.R. Horton.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

Where do D.R. Horton's ratios come from?: Every ratio is computed from D.R. Horton's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.