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Horton D R (DHI) Operating Margin (2016 - 2025)

Horton D R (DHI) has disclosed Operating Margin for 16 consecutive years, with 10.59% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Margin fell 296.0% year-over-year to 10.59%, compared with a TTM value of 12.29% through Dec 2025, down 351.0%, and an annual FY2025 reading of 12.92%, down 321.0% over the prior year.
  • Operating Margin was 10.59% for Q4 2025 at Horton D R, down from 11.63% in the prior quarter.
  • Across five years, Operating Margin topped out at 24.67% in Q2 2022 and bottomed at 10.59% in Q4 2025.
  • Average Operating Margin over 5 years is 17.21%, with a median of 17.09% recorded in 2024.
  • The sharpest move saw Operating Margin surged 528bps in 2021, then tumbled -834bps in 2023.
  • Year by year, Operating Margin stood at 21.01% in 2021, then decreased by -19bps to 16.94% in 2022, then fell by -11bps to 15.16% in 2023, then dropped by -11bps to 13.56% in 2024, then decreased by -22bps to 10.59% in 2025.
  • Business Quant data shows Operating Margin for DHI at 10.59% in Q4 2025, 11.63% in Q3 2025, and 13.71% in Q2 2025.