Horton D R (DHI) EBITDA Margin (2010 - 2026)
Horton D R's EBITDA Margin was 12.83% in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 1.15 percentage points from 13.98% a year earlier but up 1.88 percentage points from the prior quarter.
Horton D R (DHI) EBITDA Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Horton D R's EBITDA Margin was 11.76% through Jun 30, 2026, down 2.67 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 13.21%, down 3.15 percentage points from FY2024.
- EBITDA Margin has now declined for three consecutive fiscal years, with a five-year change of -1.51 percentage points (FY2020 to FY2025).
- In earlier fiscal years, EBITDA Margin was 16.37% in FY2024 (-1.10 pp), 17.47% in FY2023 (-5.39 pp), 22.85% in FY2022 (+3.38 pp) and 19.48% in FY2021 (+4.75 pp).
- Quarterly EBITDA Margin has moved between 10.96% (fiscal Q2 2026) and 24.91% (fiscal Q3 2022) over five years.
- Compared with a year earlier, EBITDA Margin has declined for nine straight quarters, with an average year-over-year change of -2.63 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was fiscal Q3 2022 (a gain of 5.17 percentage points); the worst was fiscal Q2 2023 (a drop of 8.25 percentage points).
- Per Business Quant data, DHI's EBITDA Margin in the three fiscal quarters before Q3 2026 was 10.96% (Q2 2026), 11.00% (Q1 2026) and 11.92% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 42.23 Bn | 32.53 Bn | 2.15 Bn | 12.83% |
| 2 | Pultegroup | 24.45 Bn | 17.81 Bn | 1.07 Bn | 17.53% |
| 3 | Lennar | 20.89 Bn | 11.26 Bn | 618.54 Mn | -86.14% |
| 4 | Nvr | 16.29 Bn | 10.42 Bn | 482.36 Mn | 14.74% |
| 5 | Toll Brothers | 14.27 Bn | 9.64 Bn | 625.22 Mn | 14.30% |
| 6 | Cavco Industries | 5.07 Bn | 4.03 Bn | 147.61 Mn | 11.70% |
| 7 | Champion Homes | 5.06 Bn | 2.27 Bn | 185.60 Mn | 10.78% |
| 8 | Meritage Homes | 4.37 Bn | 1.35 Bn | 410.22 Mn | 15.81% |
| 9 | M | 3.35 Bn | 533.96 Mn | - | - |
| 10 | Kb Home | 3.06 Bn | 2.26 Bn | -857.09 Mn | 6.33% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.83% |
| Mar 31, 2026 | 10.96% |
| Dec 31, 2025 | 11.00% |
| Sep 30, 2025 | 11.92% |
| Jun 30, 2025 | 13.98% |
| Mar 31, 2025 | 13.27% |
| Dec 31, 2024 | 13.87% |
| Sep 30, 2024 | 16.17% |
| Jun 30, 2024 | 17.47% |
| Mar 31, 2024 | 16.18% |
| Dec 31, 2023 | 15.42% |
| Sep 30, 2023 | 18.65% |
| Jun 30, 2023 | 18.05% |
| Mar 31, 2023 | 15.42% |
| Dec 31, 2022 | 17.21% |
| Sep 30, 2022 | 21.45% |
| Jun 30, 2022 | 24.91% |
| Mar 31, 2022 | 23.68% |
| Dec 31, 2021 | 21.28% |
| Sep 30, 2021 | 21.37% |
Horton D R EBITDA Margin 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=ebitda-margin&ticker=DHI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=DHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();