KPIs & Operating Metrics(New)
Growth Metrics

Horton D R (DHI) Gross Margin (2016 - 2025)

Horton D R's Gross Margin history spans 17 years, with the latest figure at 23.16% for Q4 2025.

  • For Q4 2025, Gross Margin fell 194.0% year-over-year to 23.16%; the TTM value through Dec 2025 reached 23.27%, down 246.0%, while the annual FY2025 figure was 23.7%, 221.0% down from the prior year.
  • Gross Margin reached 23.16% in Q4 2025 per DHI's latest filing, up from 21.67% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 33.1% in Q2 2022 to a low of 21.67% in Q3 2025.
  • Average Gross Margin over 5 years is 26.94%, with a median of 26.54% recorded in 2023.
  • Peak YoY movement for Gross Margin: surged 466bps in 2022, then plummeted -733bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 30.45% in 2021, then decreased by -11bps to 27.09% in 2022, then dropped by -4bps to 25.97% in 2023, then dropped by -3bps to 25.09% in 2024, then fell by -8bps to 23.16% in 2025.
  • Per Business Quant, the three most recent readings for DHI's Gross Margin are 23.16% (Q4 2025), 21.67% (Q3 2025), and 23.95% (Q2 2025).