Horton D R (DHI) Tax Rate (2009 - 2026)
Horton D R (DHI) reported Tax Rate of 24.14% for Q1 2026, up 90.0% on a YoY basis from 12.71% in Q1 2025, and down 2.05% quarter-over-quarter from 24.65% in Q4 2025.
Horton D R (DHI) Tax Rate (2009 - 2026) Analysis & Trends
Horton D R has reported Tax Rate for 18 years, with the latest figure at 24.14% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 90.0% year-over-year to 24.14%; the trailing twelve-month figure through Mar 2026 stood at 24.1% (up 39.0% YoY), and the FY2025 full-year result was 23.61%, up 8.0% from the prior year.
- Tax Rate for Q1 2026 stood at 24.14%, down from 24.65% in the prior quarter.
- The five-year high for Tax Rate was 24.65% in Q4 2025, with the low at 20.21% in Q3 2022.
- Historically, Tax Rate has averaged 23.57% across 5 years, with a median of 23.9% in 2025.
- Annual changes were most pronounced in 2022 — Tax Rate plunged 185 bps — and 2023, when it soared 420 bps.
- Horton D R's Tax Rate stood at 23.59% in 2022, then dropped by 1 bps to 23.39% in 2023, then slipped by 1 bps to 23.25% in 2024, then gained by 6 bps to 24.65% in 2025, then dropped by 2 bps to 24.14% in 2026.
- The last three Tax Rate figures came in at 24.14% (Q1 2026), 24.65% (Q4 2025), and 23.9% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | 24.14% |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 22.79% |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | - |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 21.19% |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 25.63% |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 23.15% |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 26.11% |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | 23.74% |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | 23.49% |
| 10 | Champion Homes | 4.39 Bn | 3.74 Bn | 172.19 Mn | 18.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.14% |
| Mar 31, 2026 | 24.14% |
| Dec 31, 2025 | 24.65% |
| Dec 31, 2025 | 24.65% |
| Sep 30, 2025 | 23.90% |
| Sep 30, 2025 | 23.90% |
| Jun 30, 2025 | 23.93% |
| Jun 30, 2025 | 23.93% |
| Mar 31, 2025 | 23.24% |
| Mar 31, 2025 | 23.24% |
| Dec 31, 2024 | 23.25% |
| Dec 31, 2024 | 23.25% |
| Sep 30, 2024 | 23.97% |
| Sep 30, 2024 | 23.97% |
| Jun 30, 2024 | 24.02% |
| Jun 30, 2024 | 24.02% |
| Mar 31, 2024 | 22.56% |
| Mar 31, 2024 | 22.56% |
| Dec 31, 2023 | 23.39% |
| Dec 31, 2023 | 23.39% |