Horton D R (DHI) Payout Ratio (2010 - 2026)
Horton D R's (DHI) Payout Ratio stood at 0.17 in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 38.7% from 0.12 a year earlier and up 4.9% from the prior quarter.
Horton D R (DHI) Payout Ratio (2010 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Horton D R's Payout Ratio came in at 0.14, up 66.1% from FY2024.
- Annual Payout Ratio has increased for three straight fiscal years.
- Across earlier fiscal years, Payout Ratio came in at 0.08 in FY2024 (+15.6%), 0.07 in FY2023 (+33.1%), 0.05 in FY2022 (-22.0%) and 0.07 in FY2021 (-35.8%).
- The fiscal Q3 2026 figure is the highest quarterly Payout Ratio since fiscal Q3 2013.
- On a year-over-year basis, Payout Ratio has increased for 14 consecutive quarters, with growth averaging 44.3% over the last eight quarters.
- Peak year-over-year performance for Payout Ratio in the last five years was growth of 66.1% in fiscal Q4 2025, against a decline of 35.8% in fiscal Q4 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.16 (Q2 2026), 0.15 (Q1 2026) and 0.14 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 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 |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.17 |
| Mar 31, 2026 | 0.16 |
| Dec 31, 2025 | 0.15 |
| Sep 30, 2025 | 0.14 |
| Jun 30, 2025 | 0.12 |
| Mar 31, 2025 | 0.10 |
| Dec 31, 2024 | 0.09 |
| Sep 30, 2024 | 0.08 |
| Jun 30, 2024 | 0.08 |
| Mar 31, 2024 | 0.07 |
| Dec 31, 2023 | 0.07 |
| Sep 30, 2023 | 0.07 |
| Jun 30, 2023 | 0.07 |
| Mar 31, 2023 | 0.06 |
| Dec 31, 2022 | 0.06 |
| Sep 30, 2022 | 0.05 |
| Jun 30, 2022 | 0.06 |
| Mar 31, 2022 | 0.06 |
| Dec 31, 2021 | 0.07 |
| Sep 30, 2021 | 0.07 |
Horton D R Payout Ratio 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=payout-ratio&ticker=DHI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=DHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();