Horton D R (DHI) Tax Rate (2010 - 2026)
Horton D R's Tax Rate was 25.08% in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 1.15 percentage points from 23.93% a year earlier and up 0.94 percentage points from the prior quarter.
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Analysis
Horton D R (DHI) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Horton D R's Tax Rate was 24.45% through Jun 30, 2026, up 1.39 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 23.61%, up 0.08 percentage points from FY2024.
- Tax Rate shows a five-year change of +3.41 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Tax Rate was 23.53% in FY2024 (-0.53 pp), 24.06% in FY2023 (+1.33 pp), 22.73% in FY2022 (+0.98 pp) and 21.75% in FY2021 (+1.55 pp).
- The fiscal Q3 2026 figure marks the highest quarterly Tax Rate since fiscal Q3 2018.
- Compared with a year earlier, Tax Rate has increased for four straight quarters, with an average year-over-year change of +0.42 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q4 2023 (a gain of 4.20 percentage points); the worst was fiscal Q4 2024 (a drop of 2.27 percentage points).
- Per Business Quant data, DHI's Tax Rate in the three fiscal quarters before Q3 2026 was 24.14% (Q2 2026), 24.65% (Q1 2026) and 23.90% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.21 Bn | 28.52 Bn | 2.15 Bn | 25.08% |
| 2 | Pultegroup | 20.98 Bn | 14.28 Bn | 1.06 Bn | 22.28% |
| 3 | Lennar | 18.04 Bn | 8.41 Bn | 618.54 Mn | 26.25% |
| 4 | Nvr | 15.72 Bn | 9.01 Bn | 485.14 Mn | 25.10% |
| 5 | Toll Brothers | 12.30 Bn | 7.67 Bn | 625.22 Mn | 26.35% |
| 6 | Champion Homes | 4.19 Bn | 1.67 Bn | - | - |
| 7 | Cavco Industries | 3.99 Bn | 2.74 Bn | - | - |
| 8 | Meritage Homes | 3.83 Bn | 754.76 Mn | 513.60 Mn | 24.83% |
| 9 | M | 3.13 Bn | 203.63 Mn | 235.50 Mn | - |
| 10 | Green Brick Partners | 2.60 Bn | 2.03 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% |
API Access
Horton D R Tax Rate 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=tax-rate&ticker=DHI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=DHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();