Horton D R (DHI) EBITDA Margin (2009 - 2026)
Horton D R's (DHI) quarterly EBITDA Margin came in at 12.52% in Q2 2026, down 119.0% YoY from 65.88% in Q2 2025, and up 18.26% on a QoQ basis from 10.58% in Q1 2026.
Horton D R (DHI) EBITDA Margin (2009 - 2026) Analysis & Trends
Horton D R (DHI) has 18 years of EBITDA Margin data on file, last reported at 12.52% in Q2 2026.
- Quarterly EBITDA Margin fell 119.0% year-over-year to 12.52% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 11.43% (down 272.0% YoY) and the FY2025 annual result came in at 12.92%, down 321.0% from the prior year.
- EBITDA Margin climbed to 12.52% in Q2 2026, from 10.58% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 24.67% in Q2 2022 to a low of 10.58% in Q1 2026.
- A 5-year average of 15.97% and a median of 15.55% in 2023 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2022 — EBITDA Margin jumped 523 bps — and 2023, when it slumped 834 bps.
- Tracing DHI's EBITDA Margin over 5 years: stood at 16.94% in 2022, then dropped by 11 bps to 15.16% in 2023, then declined by 11 bps to 13.56% in 2024, then slipped by 22 bps to 10.59% in 2025, then advanced by 18 bps to 12.52% in 2026.
- The last three EBITDA Margin figures came in at 12.52% (Q2 2026), 10.58% (Q1 2026), and 10.59% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.75 Bn | 39.61 Bn | 2.15 Bn | 12.52% |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | 16.95% |
| 3 | Lennar | 20.63 Bn | 18.45 Bn | 7.69 Bn | 1.84% |
| 4 | Nvr | 17.05 Bn | 15.96 Bn | 485.14 Mn | 14.38% |
| 5 | Toll Brothers | 13.82 Bn | 12.72 Bn | 604.89 Mn | 13.69% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 10.22% |
| 7 | Installed Building Products | 6.51 Bn | 6.12 Bn | 258.90 Mn | 12.16% |
| 8 | Champion Homes | 5.01 Bn | 4.37 Bn | - | - |
| 9 | Meritage Homes | 4.69 Bn | 3.88 Bn | 254.14 Mn | 7.85% |
| 10 | Cavco Industries | 4.53 Bn | 4.28 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.52% |
| Mar 31, 2026 | 10.58% |
| Dec 31, 2025 | 10.59% |
| Sep 30, 2025 | 11.63% |
| Jun 30, 2025 | 13.71% |
| Mar 31, 2025 | 12.95% |
| Dec 31, 2024 | 13.56% |
| Sep 30, 2024 | 15.94% |
| Jun 30, 2024 | 17.24% |
| Mar 31, 2024 | 15.95% |
| Dec 31, 2023 | 15.16% |
| Sep 30, 2023 | 18.44% |
| Jun 30, 2023 | 17.81% |
| Mar 31, 2023 | 15.09% |
| Dec 31, 2022 | 16.94% |
| Sep 30, 2022 | 21.23% |
| Jun 30, 2022 | 24.67% |
| Mar 31, 2022 | 23.43% |
| Dec 31, 2021 | 21.01% |
| Sep 30, 2021 | 21.13% |