Horton D R (DHI) Operating Margin (2010 - 2026)

Horton D R (DHI) has reported Operating Margin for 17 consecutive years, with 12.52% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Margin fell 119.0% year-over-year to 12.52%; the trailing twelve-month figure through Jun 2026 stood at 11.43% (down 272.0% YoY), and the FY2025 full-year result was 12.92%, down 321.0% from the prior year.
• Operating Margin grew to 12.52% in Q2 2026 per DHI's latest filing, from 10.58% in the prior quarter.
• Across five years, Operating Margin topped out at 24.67% in Q2 2022 and bottomed at 10.58% in Q1 2026.
• Historically, Operating Margin has averaged 15.97% across 5 years, with a median of 15.55% in 2023.
• The sharpest annual moves came in 2022 and 2023: Operating Margin surged 523 bps in 2022, then tumbled 834 bps in 2023.
• Over 5 years, Operating Margin stood at 16.94% in 2022, then fell by 11 bps to 15.16% in 2023, then retreated by 11 bps to 13.56% in 2024, then declined by 22 bps to 10.59% in 2025, then grew by 18 bps to 12.52% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 12.52%, 10.58%, and 10.59% for Q2 2026, Q1 2026, and Q4 2025 respectively.