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

Horton D R (DHI) has reported Operating Margin for 18 consecutive years, with 12.52% the latest figure, recorded in Q2 2026.

• Quarterly Operating Margin fell 119.0% year-over-year to 12.52% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 11.43% (down 272.0% YoY) and the FY2025 annual result came in at 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.
• Over the last five years, Operating Margin for DHI reached as high as 24.67% in Q2 2022 and fell as low as 10.58% in Q1 2026.
• A 5-year average of 15.97% and a median of 15.55% in 2023 frame the typical range for Operating Margin.
• Annual changes were most pronounced in 2022 — Operating Margin surged 523 bps — and 2023, when it sank 834 bps.
• Year by year, Operating Margin stood at 16.94% in 2022, then retreated by 11 bps to 15.16% in 2023, then decreased by 11 bps to 13.56% in 2024, then fell by 22 bps to 10.59% in 2025, then increased 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.