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D.R. Horton DHI Return on invested capital

Return on invested capital at other companies

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3.1%-10.0pp
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18.9%+7.3pp
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8.9%-8.9pp
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6.2%+4.9pp

Other financials

Income statement

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Revenue$9.2B0.0%
Gross profit$2.1B-2.9%
Net income$904.9M-11.7%
EPS (diluted)$3.20-4.8%

Balance sheet

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Cash & equivalents$2.1B-19.9%
Total debt$70.0M+36.5%
Total equity$23.8B-1.0%
Total assets$36.5B+0.3%

Cash flow

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Operating cash flow$854.0M+32.1%
CapEx-$171.2M-472%
Free cash flow$826.6M+30.5%

Valuation

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Market cap$40.01B-10.2%
P/E13.1×+1.9×
P/S1.2×-0.1×

Profitability

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Gross margin22.6%-2.2pp
Net margin9.2%-2.3pp
FCF margin7.8%-1.0pp

Returns & leverage

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Return on equity12.8%-3.5pp
Debt / equity0.0×

Where this comes from

Calculated from D.R. Horton’s reported figures.

Based on trailing twelve months.

The source filing: D.R. Horton’s 10-Q, filed April 23, 2026. Open the filing →

Filed
Apr 23, 2026, 2:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0000882184-26-000081

FAQ

What is D.R. Horton's return on invested capital?
D.R. Horton (DHI) reported return on invested capital of 14.7% in Q1 2026.
How has D.R. Horton's return on invested capital changed year-over-year?
D.R. Horton's return on invested capital decreased by 27.6% year-over-year, from 20.4% to 14.7%.
What is the long-term trend for D.R. Horton's return on invested capital?
Over 4 years (2021 to 2025), D.R. Horton's return on invested capital has grown at a -19.4% compound annual growth rate (CAGR), from 40.8% to 17.2%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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