Horton D R (DHI) Dividend Coverage Ratio (2009 - 2026)
Horton D R's Dividend Coverage Ratio came in at 7.12 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 14.9% from 8.37 a year earlier but up 42.5% from the prior quarter.
Horton D R (DHI) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Horton D R reported Dividend Coverage Ratio of 6.03, down 27.9% year-over-year; for FY2025 (ended Sep 30, 2025), it was 7.25, down 39.8% from FY2024.
- Dividend Coverage Ratio has declined in each of the last three fiscal years.
- Going back by fiscal year, Dividend Coverage Ratio was 12.04 in FY2024 (-13.5%), 13.91 in FY2023 (-24.8%), 18.51 in FY2022 (+28.2%) and 14.43 in FY2021 (+55.7%).
- The five-year range for quarterly Dividend Coverage Ratio is 4.52 (fiscal Q1 2026) to 20.89 (fiscal Q4 2022).
- Year-over-year, Dividend Coverage Ratio has declined for nine consecutive quarters, with an average decline of 31.6% over the last eight quarters.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in fiscal Q4 2021 (growth of 43.7%), and the weakest in fiscal Q2 2025 (a decline of 45.3%).
- Business Quant data shows DHI's Dividend Coverage Ratio at 5.00 (Q2 2026), 4.52 (Q1 2026) and 7.65 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 7.12 |
| 2 | Pultegroup | 22.22 Bn | 15.51 Bn | 1.06 Bn | - |
| 3 | Lennar | 17.48 Bn | 6.90 Bn | 807.31 Mn | 2.48 |
| 4 | Nvr | 16.60 Bn | 9.88 Bn | 485.14 Mn | - |
| 5 | Toll Brothers | 12.52 Bn | 7.91 Bn | 625.22 Mn | - |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | - |
| 7 | Champion Homes | 4.79 Bn | 2.27 Bn | - | - |
| 8 | Cavco Industries | 4.30 Bn | 3.05 Bn | - | - |
| 9 | Meritage Homes | 4.17 Bn | 1.09 Bn | 513.60 Mn | - |
| 10 | M | 3.44 Bn | 510.26 Mn | 235.50 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.12 |
| Mar 31, 2026 | 5.00 |
| Dec 31, 2025 | 4.52 |
| Sep 30, 2025 | 7.65 |
| Jun 30, 2025 | 8.37 |
| Mar 31, 2025 | 6.46 |
| Dec 31, 2024 | 6.58 |
| Sep 30, 2024 | 13.14 |
| Jun 30, 2024 | 13.76 |
| Mar 31, 2024 | 11.82 |
| Dec 31, 2023 | 9.48 |
| Sep 30, 2023 | 17.91 |
| Jun 30, 2023 | 15.67 |
| Mar 31, 2023 | 11.01 |
| Dec 31, 2022 | 11.13 |
| Sep 30, 2022 | 20.89 |
| Jun 30, 2022 | 20.81 |
| Mar 31, 2022 | 18.16 |
| Dec 31, 2021 | 14.25 |
| Sep 30, 2021 | 18.70 |
Horton D R Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=DHI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "DHI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=DHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();