Horton D R (DHI) EBT Margin (2009 - 2026)
Horton D R (DHI) recorded EBT Margin of 13.29% in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 1.43 percentage points from 14.72% a year earlier but up 1.81 percentage points from the prior quarter.
Horton D R (DHI) EBT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Horton D R's EBT Margin came in at 12.28% as of Jun 30, 2026, down 2.89 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 13.84%, down 3.24 percentage points from FY2024.
- Annual EBT Margin has declined for three straight fiscal years, with a five-year change of -0.85 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, EBT Margin came in at 17.08% in FY2024 (-0.73 pp), 17.81% in FY2023 (-4.98 pp), 22.79% in FY2022 (+3.50 pp) and 19.29% in FY2021 (+4.60 pp).
- Quarterly EBT Margin has ranged from 11.48% in fiscal Q2 2026 to 24.84% in fiscal Q3 2022 over the past five years.
- On a year-over-year basis, EBT Margin has declined for nine consecutive quarters, with an average year-over-year change of -2.67 percentage points over the last eight quarters.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 5.41 percentage points in fiscal Q3 2022, against a drop of 7.93 percentage points in fiscal Q2 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 11.48% (Q2 2026), 11.59% (Q1 2026) and 12.45% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 13.29% |
| 2 | Pultegroup | 22.22 Bn | 15.51 Bn | 1.06 Bn | 16.95% |
| 3 | Lennar | 17.48 Bn | 6.90 Bn | 807.31 Mn | 5.20% |
| 4 | Nvr | 16.60 Bn | 9.88 Bn | 485.14 Mn | 14.07% |
| 5 | Toll Brothers | 12.52 Bn | 7.91 Bn | 625.22 Mn | 13.51% |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 9.42% |
| 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 | 4.29% |
| 10 | M | 3.44 Bn | 510.26 Mn | 235.50 Mn | -68.26% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.29% |
| Mar 31, 2026 | 11.48% |
| Dec 31, 2025 | 11.59% |
| Sep 30, 2025 | 12.45% |
| Jun 30, 2025 | 14.72% |
| Mar 31, 2025 | 13.80% |
| Dec 31, 2024 | 14.58% |
| Sep 30, 2024 | 17.09% |
| Jun 30, 2024 | 18.05% |
| Mar 31, 2024 | 16.78% |
| Dec 31, 2023 | 16.15% |
| Sep 30, 2023 | 19.21% |
| Jun 30, 2023 | 18.34% |
| Mar 31, 2023 | 15.62% |
| Dec 31, 2022 | 17.46% |
| Sep 30, 2022 | 21.43% |
| Jun 30, 2022 | 24.84% |
| Mar 31, 2022 | 23.54% |
| Dec 31, 2021 | 21.23% |
| Sep 30, 2021 | 21.29% |
Horton D R EBT 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=ebt-margin&ticker=DHI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=DHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();