Horton D R DHI
NYSE DHI
$138.94 +0.45 (+0.32%)
As of: Sep 9, 2026 · 3:59 PM EDT

Horton D R (DHI) Net Margin (2009 - 2026)

Horton D R's (DHI) quarterly Net Margin came in at 9.96% in Q2 2026, down 124.0% on a YoY basis from 41.49% in Q2 2025, and up 14.37% quarter-over-quarter from 8.71% in Q1 2026.

Analysis

Horton D R (DHI) Net Margin (2009 - 2026) Analysis & Trends

Horton D R (DHI) has reported Net Margin for 18 consecutive years, with 9.96% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Net Margin fell 124.0% year-over-year to 9.96%; the trailing twelve-month figure through Jun 2026 stood at 9.28% (down 239.0% YoY), and the FY2025 full-year result was 10.57%, down 249.0% from the prior year.
  • Net Margin climbed to 9.96% in Q2 2026 per DHI's latest filing, from 8.71% in the prior quarter.
  • Across five years, Net Margin topped out at 18.88% in Q2 2022 and bottomed at 8.71% in Q1 2026.
  • Historically, Net Margin has averaged 12.77% across 5 years, with a median of 12.68% in 2024.
  • The sharpest annual moves came in 2022 and 2023: Net Margin soared 355 bps in 2022, then sank 612 bps in 2023.
  • Over 5 years, Net Margin stood at 13.34% in 2022, then fell by 7 bps to 12.37% in 2023, then declined by 10 bps to 11.19% in 2024, then retreated by 22 bps to 8.73% in 2025, then grew by 14 bps to 9.96% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 9.96%, 8.71%, and 8.73% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Horton D R 39.14 Bn 37.01 Bn 2.15 Bn 9.96%
2 Pultegroup 22.45 Bn 21.07 Bn 1.06 Bn 11.85%
3 Lennar 19.43 Bn 17.25 Bn 7.69 Bn 5.20%
4 Nvr 16.68 Bn 15.59 Bn 485.14 Mn 10.16%
5 Toll Brothers 12.67 Bn 11.61 Bn 625.22 Mn 10.54%
6 Taylor Morrison Home 6.77 Bn 6.12 Bn 290.64 Mn 7.24%
7 Meritage Homes 4.20 Bn 3.39 Bn 254.14 Mn 6.47%
8 M 3.64 Bn 2.91 Bn 235.50 Mn 7.44%
9 Kb Home 3.06 Bn 3.00 Bn 174.03 Mn 2.46%
10 Green Brick Partners 2.95 Bn 2.82 Bn 157.52 Mn 15.95%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 9.96%
Mar 31, 2026 8.71%
Dec 31, 2025 8.73%
Sep 30, 2025 9.47%
Jun 30, 2025 11.20%
Mar 31, 2025 10.59%
Dec 31, 2024 11.19%
Sep 30, 2024 13.31%
Jun 30, 2024 13.72%
Mar 31, 2024 13.00%
Dec 31, 2023 12.37%
Sep 30, 2023 14.52%
Jun 30, 2023 13.90%
Mar 31, 2023 11.91%
Dec 31, 2022 13.34%
Sep 30, 2022 17.10%
Jun 30, 2022 18.88%
Mar 31, 2022 18.03%
Dec 31, 2021 16.24%
Sep 30, 2021 16.59%