D.R. Horton DHI Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 99.7%-4.9pp | 104.6%-8.5pp | 113.1%-9.0pp | 122.1%+15.0pp | |
| Net margin | 46.8%-6.1pp | 52.9%-6.8pp | 59.7%-7.4pp | 67.1%+12.5pp | |
| EBITDA margin | 63%-8.0pp | 71%-8.3pp | 79.3%-8.9pp | 88.2%+16.9pp | |
| Returns | |||||
| Return on equity | 67.9%-17.6pp | 85.5%-20.9pp | 106.4%-28.7pp | 135.1%+23.1pp | |
| Return on assets | 47%-11.7pp | 58.6%-10.8pp | 69.4%-15.4pp | 84.8%+15.1pp | |
| Return on invested capital | 78.7%-22.4pp | 101%-23.1pp | 124.1%-34.7pp | 158.8%+20.6pp | |
| Efficiency | |||||
| Asset turnover | 4×-0.4× | 4.4×-0.2× | 4.6×-0.4× | 5.1×0.0× | |
| Leverage | |||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | -2×+0.1× | -2.1×-0.2× | -1.9×-0.7× | -1.2×+1.0× | |
| Per Share | |||||
| Book value per share | $311.58+6.9% | $291.45+17.7% | $247.53+26.0% | $196.44+33.0% | |
| Valuation | |||||
| Market capitalization | $175.26B-18.0% | $213.78B+50.4% | $142.12B+27.2% | $111.73B-5.6% | |
| Enterprise value | $164.2B-17.9% | $199.97B+54.6% | $129.31B+24.9% | $103.5B-4.7% | |
| Price / earnings | 43.1×-1.0× | 44.1×+16.0× | 28.1×+6.1× | 22×-12.9× | |
| Price / sales | 5×-0.8× | 5.8×+1.7× | 4.1×+0.5× | 3.6×-1.1× | |
| Price / book | 7.2×-1.6× | 8.8×+2.2× | 6.7×+0.1× | 6.5×-2.2× | |
| EV / EBITDA | 30×-0.7× | 30.7×+11.5× | 19.2×+3.7× | 15.5×-9.0× | |
| EV / sales | 4.7×-0.8× | 5.4×+1.7× | 3.8×+0.4× | 3.4×-1.0× | |
| Earnings yield | 38.1%+1.3pp | 36.8%-21.9pp | 58.7%-21.0pp | 79.7%+33.2pp | |
| Dividend yield | 4.2%+1.4pp | 2.8%-0.9pp | 3.8%-0.8pp | 4.6%+0.8pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
