Horton D R (DHI) Net Margin (2009 - 2026)
Horton D R (DHI) posted quarterly Net Margin of 9.96% for Q2 2026, down 124.0% year-on-year from 41.49% in Q2 2025, and up 14.37% on a QoQ basis from 8.71% in Q1 2026.
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.
- Quarterly Net Margin fell 124.0% year-over-year to 9.96% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 9.28% (down 239.0% YoY) and the FY2025 annual result came in at 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.
- Over the last five years, Net Margin for DHI reached as high as 18.88% in Q2 2022 and fell as low as 8.71% in Q1 2026.
- A 5-year average of 12.77% and a median of 12.68% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin soared 355 bps — and 2023, when it tumbled 612 bps.
- Year by year, Net Margin stood at 13.34% in 2022, then retreated by 7 bps to 12.37% in 2023, then fell by 10 bps to 11.19% in 2024, then decreased by 22 bps to 8.73% in 2025, then increased 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 9.96% |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 11.85% |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 5.20% |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 10.55% |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 10.30% |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 7.24% |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 5.27% |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | 4.99% |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | 8.39% |
| 10 | M | 4.43 Bn | 3.66 Bn | 202.59 Mn | 7.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |