Horton D R (DHI) FCF Margin (2009 - 2026)
Horton D R (DHI) reported FCF Margin of 4.31% for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 3.20 percentage points from 7.51% a year earlier but up 10.26 percentage points from the prior quarter.
Horton D R (DHI) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Horton D R's FCF Margin came in at 9.60%, up 1.55 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 9.59%, up 4.09 percentage points from FY2024.
- FCF Margin has a five-year change of +3.52 percentage points (FY2020 to FY2025).
- By fiscal year, FCF Margin came in at 5.50% in FY2024 (-6.22 pp), 11.72% in FY2023 (+10.48 pp), 1.24% in FY2022 (-0.06 pp) and 1.30% in FY2021 (-4.76 pp).
- Five-year quarterly FCF Margin spans a low of -8.78% in fiscal Q2 2022 and a high of 25.09% in fiscal Q4 2025.
- Year over year, FCF Margin gained in six of the last eight quarters, with an average year-over-year change of +2.04 percentage points.
- The high point for year-over-year FCF Margin in five years was fiscal Q2 2023 (a gain of 16.46 percentage points); the low point was fiscal Q1 2024 (a drop of 13.37 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at -5.95% (Q2 2026), 12.00% (Q1 2026) and 25.09% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 4.31% |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | -0.32% |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | -3.82% |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | -6.78% |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 8.26% |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | -1.47% |
| 7 | Champion Homes | 4.80 Bn | 2.28 Bn | - | - |
| 8 | Cavco Industries | 4.31 Bn | 3.07 Bn | - | - |
| 9 | Meritage Homes | 4.24 Bn | 1.16 Bn | 513.60 Mn | 6.55% |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | 2.96% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.31% |
| Mar 31, 2026 | -5.95% |
| Dec 31, 2025 | 12.00% |
| Sep 30, 2025 | 25.09% |
| Jun 30, 2025 | 7.51% |
| Mar 31, 2025 | -6.08% |
| Dec 31, 2024 | 8.32% |
| Sep 30, 2024 | 19.29% |
| Jun 30, 2024 | 6.38% |
| Mar 31, 2024 | -3.74% |
| Dec 31, 2023 | -2.60% |
| Sep 30, 2023 | 19.07% |
| Jun 30, 2023 | 7.80% |
| Mar 31, 2023 | 7.69% |
| Dec 31, 2022 | 10.77% |
| Sep 30, 2022 | 11.25% |
| Jun 30, 2022 | 2.69% |
| Mar 31, 2022 | -8.78% |
| Dec 31, 2021 | -2.91% |
| Sep 30, 2021 | 7.02% |
Horton D R FCF 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=fcf-margin&ticker=DHI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=DHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();