DREM vs DHI vs KBH Stock Comparison

Dream Homes & Development, Horton D R and Kb Home Prices as of Oct 26, 2026 Peers: Industry group
DHI Horton D R Inc /De/
$146.96 +3.9% 1M -7.5% 1Y
Market cap
$40.32B
P/E
13.2x
Revenue (TTM)
$33.35B
Div. yield
0.01%
Homebuilders Consumer Discretionary
7 wins
KBH Kb Home
$46.75 -2.6% 1M -25.9% 1Y
Market cap
$2.80B
P/E
12.3x
Revenue (TTM)
$5.18B
Div. yield
0.02%
Homebuilders Consumer Discretionary
1 win

Head to Head

12 decided of 12

Horton D R leads on 7 of the 12 questions below (Horton D R 7, Dream Homes & Development 4, Kb Home 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDREMDHIKBHLeader
Larger companyMarket capitalisation $971.29K $40.32B $2.80B DHI
Cheaper on earningsLower P/E, profitable companies only 2.3x 13.2x 12.3x DREM
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 13.7x 15.4x DHI
Faster revenue growthRevenue growth, trailing twelve months +102.5% -3.5% -20.8% DREM
More profitableNet margin, trailing twelve months 4.2% 9.2% 4.4% DHI
Better return on capitalReturn on invested capital — 9.2% 2.3% DHI
Less leveragedLower net debt / EBITDA 1.8x 1.3x 8.1x DHI
Higher dividend yieldTrailing dividend yield — 0.01% 0.02% KBH
Better 1-year returnPrice return, last 12 months +100.0% -7.5% -25.9% DREM
Better 5-year returnAnnualised price return, 5 years -26.0%/yr +10.5%/yr +3.0%/yr DHI
Less volatileAnnualised volatility, 1 year 208.7% 35.7% 39.3% DHI
Higher overall scoreMean of the five percentile scores vs peers 79/100 62/100 30/100 DREM

Percentile Scorecard

DREMDHIKBH

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDREMDHIKBH
Valuation 100 #1 of 21 55 #10 of 21 30 #15 of 21
Growth 100 #1 of 20 74 #6 of 20 5 #19 of 20
Profitability 88 #3 of 18 65 #7 of 18 12 #16 of 18
Financial Health 29 #13 of 18 59 #8 of 18 18 #15 of 18
Shareholder Returns – 56 #8 of 17 88 #3 of 17
Overall 79 62 30
  • DREM ranked among 24 companies in Homebuilding
  • DHI ranked among 24 companies in Homebuilding
  • KBH ranked among 24 companies in Homebuilding

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDREMDHIKBHSPY
1 month -33.3%+3.9%-2.6% -0.2%
3 months +100.0%-2.8%-19.1% +3.9%
6 months +100.0%-6.0%-14.1% +8.2%
Year to date 0.0%+2.0%-17.1% +12.9%
1 year +100.0%-7.5%-25.9% +12.3%
3 years -33.3%+44.5%+8.3% +87.4%
3 years, per year -12.7%+13.1%+2.7% +23.3%
5 years -77.8%+64.5%+16.1% +67.9%
5 years, per year -26.0%+10.5%+3.0% +10.9%
10 years —+423.7%+229.0% +261.1%
10 years, per year —+18.0%+12.6% +13.7%

Risk

MeasureDREMDHIKBHSPY
Volatility, 1Y 208.7%35.7%39.3% 12.7%
Downside volatility, 1Y 739.6%31.6%35.2% 12.7%
Beta vs S&P 500, 1Y -0.770.890.84 1.00
Return / volatility, 1Y 0.48-0.21-0.66 0.97
Max drawdown, 5Y -92.9%-44.8%-53.6% -25.4%
From 52-week high -33.3%-12.4%-29.6% -1.2%
52-week high $0.03$167.78$66.36 $779.14
52-week low $0.01$132.53$41.63 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDREMDHIKBH
P/E now vs peer median 2.3xmedian 12.7x 13.6xmedian 12.7x 12.5xmedian 12.7x
P/S now vs peer median 0.1xmedian 0.6x 1.2xmedian 0.6x 0.5xmedian 0.6x
EV/EBITDA now vs peer median 2.7xmedian 9.5x 11.8xmedian 9.5x 20.0xmedian 9.5x
P/FCF now vs peer median 0.2xmedian 15.9x 12.9xmedian 15.9x 99.1xmedian 15.9x
P/B now vs peer median 0.6xmedian 1.1x 1.7xmedian 1.1x 0.7xmedian 1.1x
PEG now vs peer median 0.09median 1.06 -1.54median 1.06 -0.55median 1.06

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDREMDHIKBH
Revenue $10.07M $33.35B $5.18B
Gross profit $2.10M $7.54B -$3.44B
Operating income $1.10M $3.81B $194.41M
Net income $749.00K $3.09B $227.57M
Free cash flow $3.95M $3.20B $28.66M
EPS (diluted) $0.01 $10.79 $3.68
Cash & equivalents $899.41K $2.13B $160.06M
Total debt $13.78M $7.11B $2.11B
Shares (diluted) 48.42M 283.00M 61.76M
Enterprise value -$736.43K $30.63B $2.01B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDREMDHIKBH
P/E 2.3x 13.6x 12.5x
P/FCF 0.2x 12.9x 99.1x
P/Operating cash flow 0.2x 12.3x 37.9x
P/S 0.1x 1.2x 0.5x
P/B 0.6x 1.7x 0.7x
P/Tangible book 0.6x 1.7x 0.7x
EV/EBITDA 2.7x 11.8x 20.0x
EV/EBIT 2.7x 12.1x 24.6x
EV/Revenue 0.3x 1.4x 0.9x
EV/FCF 0.8x 14.4x 167.1x
EV/Operating cash flow 0.8x 13.8x 63.9x
PEG (3Y EPS CAGR) 0.09 -1.54 -0.55

Growth

14 metrics
MetricDREMDHIKBH
Revenue growth (1Y) 102.5% -3.5% -20.8%
Revenue CAGR (3Y) 16.9% -1.2% -8.1%
Gross profit growth (1Y) -7.1% -12.0% 55.7%
Gross profit CAGR (3Y) 24.9% -7.1% -63.2%
Operating income growth (1Y) -26.4% -22.1% -69.4%
Operating income CAGR (3Y) 75.2% -15.0% -38.6%
Net income growth (1Y) -14.5% -22.7% -56.1%
Net income CAGR (3Y) 69.4% -14.3% -29.7%
EPS growth (1Y) 8.3% -17.0% -51.8%
EPS CAGR (3Y) 26.2% -8.8% -22.6%
Operating cash flow growth (1Y) 610.3% 15.2% -81.0%
Operating cash flow CAGR (3Y) 87.8% -0.3% -60.1%
Free cash flow growth (1Y) 542.2% 15.0% -91.8%
Free cash flow CAGR (3Y) 89.8% -0.4% -70.7%

Profitability

14 metrics
MetricDREMDHIKBH
Gross margin 20.9% 22.6% -66.5%
EBITDA margin 11.2% 11.8% 4.6%
Operating margin 11.0% 11.4% 3.8%
Pretax margin 8.3% 12.3% 3.8%
Net margin 4.2% 9.2% 4.4%
FCF margin 39.2% 9.6% 0.6%
Operating cash flow margin 39.2% 10.1% 1.4%
Return on equity 35.3% 12.7% 3.6%
Return on assets 9.1% 8.6% 2.0%
Return on invested capital – 9.2% 2.3%
Return on capital employed 24.5% – –
Asset turnover 1.2x 0.9x 0.8x
Cash conversion (OCF / net income) 5.3x 1.1x 0.3x
Stock comp / revenue 0.3% 0.4% 0.6%

Financial Health

11 metrics
MetricDREMDHIKBH
Debt / assets 40.9% 19.5% 30.3%
Debt / equity 1.7x 0.3x 0.6x
Net debt / EBITDA 1.8x 1.3x 8.1x
Debt / FCF 0.7x 2.2x 73.6x
Liabilities / assets 76.3% 33.2% 45.5%
Equity / assets 23.7% 66.8% 54.5%
Interest coverage 12.4x – –
Current ratio 1.6x – –
Quick ratio 0.3x – –
Cash ratio 0.2x – –
Altman Z-score 2.15 – –

Shareholder Returns

7 metrics
MetricDREMDHIKBH
Dividend yield – 1.2% 2.1%
Net buyback yield – 7.0% 9.7%
Shareholder yield – 8.3% 11.9%
Payout ratio (earnings) 262.8% 16.4% 27.9%
Payout ratio (FCF) 49.9% 15.8% 221.6%
Dividend growth (1Y) – 6.9% -10.3%
Dividend CAGR (3Y) – 14.8% 5.4%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDREMDHIKBH
Forward P/E – 13.7xFY2026 15.4xFY2026
EPS, next fiscal year – $10.71FY2026 $3.03FY2026
EPS growth, next FY – -7.4%FY2026 -50.7%FY2026
EPS growth, the year after – +1.2% +24.4%
Revenue, next fiscal year – $30.74BFY2026 $5.35BFY2026
Revenue growth, next FY – -10.3%FY2026 -14.2%FY2026
Revenue growth, the year after – +2.4% -10.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDREMDHIKBH
Held by institutions – 85.7% 100.0%
Institutions holding – 1,229 380
Change in shares held, QoQ – +0.2% +4.2%
Institutions buying – 656 185
Institutions selling – 402 141
Buyers to sellers – 1.63 1.31

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DREMDHIKBH
DREM 1.00 0.01 0.02
DHI 0.01 1.00 0.86
KBH 0.02 0.86 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DREM, DHI and KBH?

Horton D R (DHI) is the largest by market capitalisation: Dream Homes & Development (DREM) $971.29K, Horton D R (DHI) $40.32B, Kb Home (KBH) $2.80B.

Which stock is cheaper, DREM, DHI and KBH?

Dream Homes & Development (DREM) trades on the lowest price-to-earnings ratio (Dream Homes & Development (DREM) 2.3x, Horton D R (DHI) 13.2x, Kb Home (KBH) 12.3x). On next year's consensus earnings, Horton D R (DHI) is cheapest (Horton D R (DHI) 13.7x, Kb Home (KBH) 15.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Dream Homes & Development (DREM) grew revenue fastest over the trailing twelve months: Dream Homes & Development (DREM) +102.5%, Horton D R (DHI) -3.5%, Kb Home (KBH) -20.8%.

Which company is more profitable?

Horton D R (DHI) has the highest net margin (Dream Homes & Development (DREM) 4.2%, Horton D R (DHI) 9.2%, Kb Home (KBH) 4.4%). On return on invested capital, Horton D R (DHI) leads (Horton D R (DHI) 9.2%, Kb Home (KBH) 2.3%).

Which stock has performed better?

Over the past year Dream Homes & Development (DREM) returned the most: Dream Homes & Development (DREM) +100.0%, Horton D R (DHI) -7.5%, Kb Home (KBH) -25.9%. Over five years, Horton D R (DHI) compounded fastest (Dream Homes & Development (DREM) -26.0%/yr, Horton D R (DHI) +10.5%/yr, Kb Home (KBH) +3.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Kb Home (KBH) has the highest dividend yield: Horton D R (DHI) 0.01%, Kb Home (KBH) 0.02%. Dream Homes & Development (DREM) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Horton D R (DHI) has been the steadiest (Dream Homes & Development (DREM) 208.7%, Horton D R (DHI) 35.7%, Kb Home (KBH) 39.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DREM, DHI and KBH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Horton D R (DHI) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.