Horton D R (DHI) Operating Income (2010 - 2026)
Horton D R's Operating Income was $1.16 billion in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 8.7% from $1.26 billion a year earlier but up 44.4% from the prior quarter.
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Analysis
Horton D R (DHI) Operating Income (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Horton D R's Operating Income was $3.81 billion through Jun 30, 2026, down 22.1% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $4.42 billion, down 25.5% from FY2024.
- Operating Income has now declined for three consecutive fiscal years, though with a five-year compound annual growth rate of 8.9% (FY2020 to FY2025).
- In earlier fiscal years, Operating Income was $5.94 billion in FY2024 (-2.7%), $6.1 billion in FY2023 (-19.4%), $7.57 billion in FY2022 (+42.3%) and $5.32 billion in FY2021 (+84.0%).
- Quarterly Operating Income has moved between $729.6 million (fiscal Q1 2026) and $2.17 billion (fiscal Q3 2022) over five years.
- Compared with a year earlier, Operating Income has declined for nine straight quarters, with an average decline of 21.8% over the last eight quarters.
- The best year-over-year quarter for Operating Income over five years was fiscal Q4 2021 (growth of 63.3%); the worst was fiscal Q2 2023 (a decline of 35.8%).
- Per Business Quant data, DHI's Operating Income in the three fiscal quarters before Q3 2026 was $800 million (Q2 2026), $729.6 million (Q1 2026) and $1.13 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn | 1.16 Bn |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn | 675.23 Mn |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn | -6.73 Bn |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn | 334.42 Mn |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn | 359.15 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 231.67 Mn |
| 7 | Champion Homes | 4.74 Bn | 2.22 Bn | - | - |
| 8 | Cavco Industries | 4.34 Bn | 3.09 Bn | - | - |
| 9 | Meritage Homes | 4.10 Bn | 1.02 Bn | 513.60 Mn | 461.22 Mn |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn | -723.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.16 Bn |
| Mar 31, 2026 | 800.00 Mn |
| Dec 31, 2025 | 729.60 Mn |
| Sep 30, 2025 | 1.13 Bn |
| Jun 30, 2025 | 1.26 Bn |
| Mar 31, 2025 | 1.00 Bn |
| Dec 31, 2024 | 1.03 Bn |
| Sep 30, 2024 | 1.59 Bn |
| Jun 30, 2024 | 1.72 Bn |
| Mar 31, 2024 | 1.45 Bn |
| Dec 31, 2023 | 1.17 Bn |
| Sep 30, 2023 | 1.94 Bn |
| Jun 30, 2023 | 1.73 Bn |
| Mar 31, 2023 | 1.20 Bn |
| Dec 31, 2022 | 1.23 Bn |
| Sep 30, 2022 | 2.05 Bn |
| Jun 30, 2022 | 2.17 Bn |
| Mar 31, 2022 | 1.87 Bn |
| Dec 31, 2021 | 1.48 Bn |
| Sep 30, 2021 | 1.71 Bn |
API Access
Horton D R Operating Income 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=operating-income&ticker=DHI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=DHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();