DR HORTON INC (DHI) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:DHI • US23331A1097

153.5 USD
-2.77 (-1.77%)
At close: Feb 9, 2026
153.5 USD
0 (0%)
After Hours: 2/9/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

DHI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 60 industry peers in the Household Durables industry. Both the health and profitability get an excellent rating, making DHI a very profitable company, without any liquidiy or solvency issues. DHI is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year DHI was profitable.
  • DHI had a positive operating cash flow in the past year.
  • Each year in the past 5 years DHI has been profitable.
  • In the past 5 years DHI always reported a positive cash flow from operatings.
DHI Yearly Net Income VS EBIT VS OCF VS FCFDHI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

1.2 Ratios

  • DHI has a Return On Assets of 9.63%. This is amongst the best in the industry. DHI outperforms 83.33% of its industry peers.
  • DHI has a Return On Equity of 13.90%. This is in the better half of the industry: DHI outperforms 71.67% of its industry peers.
  • DHI's Return On Invested Capital of 11.56% is fine compared to the rest of the industry. DHI outperforms 78.33% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for DHI is significantly above the industry average of 9.40%.
Industry RankSector Rank
ROA 9.63%
ROE 13.9%
ROIC 11.56%
ROA(3y)12.62%
ROA(5y)14.91%
ROE(3y)18.17%
ROE(5y)22.55%
ROIC(3y)14.99%
ROIC(5y)17.72%
DHI Yearly ROA, ROE, ROICDHI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • DHI has a better Profit Margin (9.95%) than 83.33% of its industry peers.
  • In the last couple of years the Profit Margin of DHI has declined.
  • Looking at the Operating Margin, with a value of 13.57%, DHI belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
  • DHI's Operating Margin has been stable in the last couple of years.
  • Looking at the Gross Margin, with a value of 23.61%, DHI is doing worse than 60.00% of the companies in the same industry.
  • DHI's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 13.57%
PM (TTM) 9.95%
GM 23.61%
OM growth 3Y-14.91%
OM growth 5Y-0.59%
PM growth 3Y-15.74%
PM growth 5Y-2.18%
GM growth 3Y-8.68%
GM growth 5Y-0.33%
DHI Yearly Profit, Operating, Gross MarginsDHI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DHI is creating some value.
  • Compared to 1 year ago, DHI has less shares outstanding
  • Compared to 5 years ago, DHI has less shares outstanding
  • DHI has a worse debt/assets ratio than last year.
DHI Yearly Shares OutstandingDHI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
DHI Yearly Total Debt VS Total AssetsDHI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.2 Solvency

  • An Altman-Z score of 6.05 indicates that DHI is not in any danger for bankruptcy at the moment.
  • DHI has a Altman-Z score of 6.05. This is amongst the best in the industry. DHI outperforms 85.00% of its industry peers.
  • The Debt to FCF ratio of DHI is 1.60, which is an excellent value as it means it would take DHI, only 1.60 years of fcf income to pay off all of its debts.
  • DHI's Debt to FCF ratio of 1.60 is fine compared to the rest of the industry. DHI outperforms 71.67% of its industry peers.
  • DHI has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
  • DHI's Debt to Equity ratio of 0.22 is fine compared to the rest of the industry. DHI outperforms 63.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.22
Debt/FCF 1.6
Altman-Z 6.05
ROIC/WACC1.24
WACC9.34%
DHI Yearly LT Debt VS Equity VS FCFDHI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B 25B

2.3 Liquidity

  • DHI has a Current Ratio of 5.29. This indicates that DHI is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 5.29, DHI is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
  • DHI has a Quick Ratio of 5.29. This is a bad value and indicates that DHI is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of DHI (0.55) is worse than 76.67% of its industry peers.
Industry RankSector Rank
Current Ratio 5.29
Quick Ratio 0.55
DHI Yearly Current Assets VS Current LiabilitesDHI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B 25B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • The earnings per share for DHI have decreased strongly by -22.19% in the last year.
  • DHI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.86% yearly.
  • DHI shows a decrease in Revenue. In the last year, the revenue decreased by -8.62%.
  • Measured over the past years, DHI shows a quite strong growth in Revenue. The Revenue has been growing by 11.02% on average per year.
EPS 1Y (TTM)-22.19%
EPS 3Y-11.18%
EPS 5Y12.86%
EPS Q2Q%-22.22%
Revenue 1Y (TTM)-8.62%
Revenue growth 3Y0.76%
Revenue growth 5Y11.02%
Sales Q2Q%-9.54%

3.2 Future

  • The Earnings Per Share is expected to grow by 19.04% on average over the next years. This is quite good.
  • DHI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.20% yearly.
EPS Next Y-6.56%
EPS Next 2Y4.56%
EPS Next 3Y11.41%
EPS Next 5Y19.04%
Revenue Next Year0.08%
Revenue Next 2Y3.02%
Revenue Next 3Y4.52%
Revenue Next 5Y7.2%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
DHI Yearly Revenue VS EstimatesDHI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B 40B
DHI Yearly EPS VS EstimatesDHI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10 20 30

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • DHI is valuated correctly with a Price/Earnings ratio of 13.94.
  • DHI's Price/Earnings ratio is in line with the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 28.06, DHI is valued rather cheaply.
  • DHI is valuated correctly with a Price/Forward Earnings ratio of 12.11.
  • 76.67% of the companies in the same industry are more expensive than DHI, based on the Price/Forward Earnings ratio.
  • DHI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.86.
Industry RankSector Rank
PE 13.94
Fwd PE 12.11
DHI Price Earnings VS Forward Price EarningsDHI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • DHI's Enterprise Value to EBITDA ratio is in line with the industry average.
  • DHI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. DHI is cheaper than 73.33% of the companies in the same industry.
Industry RankSector Rank
P/FCF 12.89
EV/EBITDA 10.28
DHI Per share dataDHI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

  • DHI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.08
EPS Next 2Y4.56%
EPS Next 3Y11.41%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • DHI has a Yearly Dividend Yield of 1.14%.
  • Compared to an average industry Dividend Yield of 1.17, DHI pays a bit more dividend than its industry peers.
  • DHI's Dividend Yield is slightly below the S&P500 average, which is at 1.80.
Industry RankSector Rank
Dividend Yield 1.14%

5.2 History

  • On average, the dividend of DHI grows each year by 18.00%, which is quite nice.
  • DHI has paid a dividend for at least 10 years, which is a reliable track record.
  • DHI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)18%
Div Incr Years10
Div Non Decr Years10
DHI Yearly Dividends per shareDHI Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • DHI pays out 14.93% of its income as dividend. This is a sustainable payout ratio.
  • DHI's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP14.93%
EPS Next 2Y4.56%
EPS Next 3Y11.41%
DHI Yearly Income VS Free CF VS DividendDHI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B
DHI Dividend Payout.DHI Dividend Payout, showing the Payout Ratio.DHI Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

DR HORTON INC

NYSE:DHI (2/9/2026, 8:04:00 PM)

After market: 153.5 0 (0%)

153.5

-2.77 (-1.77%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)01-20
Earnings (Next)04-21
Inst Owners89.61%
Inst Owner Change-2.74%
Ins Owners0.66%
Ins Owner Change10.85%
Market Cap44.83B
Revenue(TTM)33.52B
Net Income(TTM)3.34B
Analysts70
Price Target165.74 (7.97%)
Short Float %5.75%
Short Ratio4.56
Dividend
Industry RankSector Rank
Dividend Yield 1.14%
Yearly Dividend1.6
Dividend Growth(5Y)18%
DP14.93%
Div Incr Years10
Div Non Decr Years10
Ex-Date02-05
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.19%
Min EPS beat(2)-8.34%
Max EPS beat(2)3.97%
EPS beat(4)2
Avg EPS beat(4)2.04%
Min EPS beat(4)-8.34%
Max EPS beat(4)15.5%
EPS beat(8)5
Avg EPS beat(8)4.11%
EPS beat(12)8
Avg EPS beat(12)10.01%
EPS beat(16)11
Avg EPS beat(16)9.59%
Revenue beat(2)2
Avg Revenue beat(2)2.11%
Min Revenue beat(2)1.8%
Max Revenue beat(2)2.42%
Revenue beat(4)3
Avg Revenue beat(4)0.95%
Min Revenue beat(4)-4.66%
Max Revenue beat(4)4.26%
Revenue beat(8)6
Avg Revenue beat(8)2.2%
Revenue beat(12)10
Avg Revenue beat(12)4.92%
Revenue beat(16)12
Avg Revenue beat(16)4.21%
PT rev (1m)-1.18%
PT rev (3m)-1.69%
EPS NQ rev (1m)-12%
EPS NQ rev (3m)-13.53%
EPS NY rev (1m)-6.34%
EPS NY rev (3m)-8.91%
Revenue NQ rev (1m)-1.59%
Revenue NQ rev (3m)-2.6%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-1.22%
Valuation
Industry RankSector Rank
PE 13.94
Fwd PE 12.11
P/S 1.34
P/FCF 12.89
P/OCF 12.36
P/B 1.87
P/tB 1.88
EV/EBITDA 10.28
EPS(TTM)11.01
EY7.17%
EPS(NY)12.67
Fwd EY8.25%
FCF(TTM)11.9
FCFY7.76%
OCF(TTM)12.42
OCFY8.09%
SpS114.79
BVpS82.16
TBVpS81.6
PEG (NY)N/A
PEG (5Y)1.08
Graham Number142.66
Profitability
Industry RankSector Rank
ROA 9.63%
ROE 13.9%
ROCE 15.56%
ROIC 11.56%
ROICexc 12.61%
ROICexgc 14.34%
OM 13.57%
PM (TTM) 9.95%
GM 23.61%
FCFM 10.37%
ROA(3y)12.62%
ROA(5y)14.91%
ROE(3y)18.17%
ROE(5y)22.55%
ROIC(3y)14.99%
ROIC(5y)17.72%
ROICexc(3y)17.22%
ROICexc(5y)20.33%
ROICexgc(3y)19.35%
ROICexgc(5y)22.67%
ROCE(3y)20.7%
ROCE(5y)24.66%
ROICexgc growth 3Y-19.46%
ROICexgc growth 5Y-4.06%
ROICexc growth 3Y-19.65%
ROICexc growth 5Y-5.07%
OM growth 3Y-14.91%
OM growth 5Y-0.59%
PM growth 3Y-15.74%
PM growth 5Y-2.18%
GM growth 3Y-8.68%
GM growth 5Y-0.33%
F-Score4
Asset Turnover0.97
Health
Industry RankSector Rank
Debt/Equity 0.22
Debt/FCF 1.6
Debt/EBITDA 1.16
Cap/Depr 144.42%
Cap/Sales 0.45%
Interest Coverage 250
Cash Conversion 77.94%
Profit Quality 104.25%
Current Ratio 5.29
Quick Ratio 0.55
Altman-Z 6.05
F-Score4
WACC9.34%
ROIC/WACC1.24
Cap/Depr(3y)162.55%
Cap/Depr(5y)206.31%
Cap/Sales(3y)0.42%
Cap/Sales(5y)0.53%
Profit Quality(3y)73.9%
Profit Quality(5y)47.03%
High Growth Momentum
Growth
EPS 1Y (TTM)-22.19%
EPS 3Y-11.18%
EPS 5Y12.86%
EPS Q2Q%-22.22%
EPS Next Y-6.56%
EPS Next 2Y4.56%
EPS Next 3Y11.41%
EPS Next 5Y19.04%
Revenue 1Y (TTM)-8.62%
Revenue growth 3Y0.76%
Revenue growth 5Y11.02%
Sales Q2Q%-9.54%
Revenue Next Year0.08%
Revenue Next 2Y3.02%
Revenue Next 3Y4.52%
Revenue Next 5Y7.2%
EBIT growth 1Y-26.92%
EBIT growth 3Y-14.26%
EBIT growth 5Y10.37%
EBIT Next Year-8.63%
EBIT Next 3Y8.48%
EBIT Next 5Y11.39%
FCF growth 1Y9.57%
FCF growth 3Y99.49%
FCF growth 5Y23.68%
OCF growth 1Y9.23%
OCF growth 3Y82.61%
OCF growth 5Y19.2%

DR HORTON INC / DHI FAQ

What is the fundamental rating for DHI stock?

ChartMill assigns a fundamental rating of 6 / 10 to DHI.


Can you provide the valuation status for DR HORTON INC?

ChartMill assigns a valuation rating of 5 / 10 to DR HORTON INC (DHI). This can be considered as Fairly Valued.


Can you provide the profitability details for DR HORTON INC?

DR HORTON INC (DHI) has a profitability rating of 7 / 10.


What is the valuation of DR HORTON INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for DR HORTON INC (DHI) is 13.94 and the Price/Book (PB) ratio is 1.87.


What is the earnings growth outlook for DR HORTON INC?

The Earnings per Share (EPS) of DR HORTON INC (DHI) is expected to decline by -6.56% in the next year.