Horton D R (DHI) Tax Rate (2009 - 2026)
Horton D R's (DHI) quarterly Tax Rate came in at 25.08% in Q2 2026, up 115.0% on a YoY basis from 11.66% in Q2 2025, and up 3.88% quarter-over-quarter from 24.14% in Q1 2026.
Analysis
Horton D R (DHI) Tax Rate (2009 - 2026) Analysis & Trends
Horton D R (DHI) has reported Tax Rate for 18 consecutive years, with 25.08% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 115.0% year-over-year to 25.08%; the trailing twelve-month figure through Jun 2026 stood at 24.45% (up 139.0% YoY), and the FY2025 full-year result was 23.61%, up 8.0% from the prior year.
- Tax Rate rose to 25.08% in Q2 2026 per DHI's latest filing, from 24.14% in the prior quarter.
- Across five years, Tax Rate topped out at 25.08% in Q2 2026 and bottomed at 20.21% in Q3 2022.
- Historically, Tax Rate has averaged 23.55% across 5 years, with a median of 23.82% in 2025.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 420 bps in 2023, then slumped 227 bps in 2024.
- Over 5 years, Tax Rate stood at 23.59% in 2022, then fell by 1 bps to 23.39% in 2023, then declined by 1 bps to 23.25% in 2024, then climbed by 6 bps to 24.65% in 2025, then increased by 2 bps to 25.08% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 25.08%, 24.14%, and 24.65% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.78 Bn | 37.23 Bn | 2.15 Bn | 25.08% |
| 2 | Pultegroup | 21.98 Bn | 20.60 Bn | 1.06 Bn | 24.17% |
| 3 | Nvr | 16.40 Bn | 15.31 Bn | 485.14 Mn | 25.79% |
| 4 | Lennar | 16.10 Bn | 13.92 Bn | 7.69 Bn | - |
| 5 | Toll Brothers | 12.27 Bn | 11.22 Bn | 625.22 Mn | 25.25% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 23.15% |
| 7 | Meritage Homes | 4.12 Bn | 3.31 Bn | 254.14 Mn | 24.83% |
| 8 | M | 3.51 Bn | 2.78 Bn | 235.50 Mn | 24.39% |
| 9 | Kb Home | 2.89 Bn | 2.83 Bn | 174.03 Mn | 26.58% |
| 10 | Green Brick Partners | 2.85 Bn | 2.77 Bn | 157.52 Mn | 20.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.08% |
| Mar 31, 2026 | 24.14% |
| Dec 31, 2025 | 24.65% |
| Sep 30, 2025 | 23.90% |
| Jun 30, 2025 | 23.93% |
| Mar 31, 2025 | 23.24% |
| Dec 31, 2024 | 23.25% |
| Sep 30, 2024 | 22.15% |
| Jun 30, 2024 | 24.02% |
| Mar 31, 2024 | 22.56% |
| Dec 31, 2023 | 23.39% |
| Sep 30, 2023 | 24.42% |
| Jun 30, 2023 | 24.23% |
| Mar 31, 2023 | 23.75% |
| Dec 31, 2022 | 23.59% |
| Sep 30, 2022 | 20.21% |
| Jun 30, 2022 | 24.00% |
| Mar 31, 2022 | 23.42% |
| Dec 31, 2021 | 23.48% |
| Sep 30, 2021 | 22.07% |