Dr Horton Inc (DHI US)

DHI US$156.99

20 minute delayed

Today ▲ 8.10%

1 year return ▲ 7.83%

Volume 1,775,184

Div yield 1.24%

PE ratio 14.97

52 week range

130.47 170.59

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Performance

Share price activity

Last (Price): 156.99
Change: ▲ 11.76 (8.10)
Bid / Ask: 157.00 - 157.02
Volume: 1,775,184
Turnover: 60,002,582
Open: 152.44
Day Range: 152.44 - 157.80
VWAP: 156.77
Prev Close: 145.23
Last Trade: 04/11 7:00pm

Key information

Sector: Consumer Cyclical
Shares Issued: 279,701,267
NTA/Share: 83.37
Last Dividend: 0.45
Dividend Ex Date: 6 AUG 2026
Dividend Pay Date: 13 AUG 2026

Current (USD) · FY2025

Revenue: 34,250.40
EBITDA: —
Profit: 3,585.20
Earnings Per Share (EPS): 11.57
Dividend Per Share (DPS): 1.60
Yield %: 1.15
Market Cap: 42,612.68
Price to Earnings Ratio (P/E): 14.97

Estimates (USD) · FY2027

Revenue: 31,040.77
EBITDA: 4,511.00
Profit: 2,367.47
Earnings Per Share (EPS): 9.47
Dividend Per Share (DPS): 2.21

Quantitative rating

Undervalued

Economic Moat: None
Financial Health: Moderate
Uncertainty: Low

Morningstar Quantitative Rating as of 4 NOV 2026.

Quantitative Equity Rating Methodology – view here

Fair value estimate

Five-star price 152.78 Fair value 165.21 One-star price 178.66

Morningstar Quantitative Rating as of 4 NOV 2026.

Quantitative valuation

Buy Sell

Fair Value: 165.21
Price / Fair Value: 0.95
Valuation: Undervalued
Uncertainty: Low

Morningstar Quantitative Rating as of 4 NOV 2026. The slider runs from the five-star price (152.78) to the one-star price (178.66).

Ratios
Currency (Price/reporting): USD/USD
Exchange Rate: 1.0000

Price - closing or last bid	145.23
Price - 12 month high	170.59
Price - 12 month low	130.47
Pricing date	3 NOV 2026
Volume - avg. trading volume for the last ten days	3.25
Market capitalization	42,612.68
12 Month High price date	25 JUN 2026
12 Month Low price date	14 OCT 2026
Volume - avg. trading volume for the last 3 months	2.67
Price - 1 Day % Change	-5.04%
Price - 13 week price percent change	-0.98%
Price - 26 week price percent change	-3.17%
Price - 5 Day % Change	-1.22%
Price - 52 week price percent change	0.12%
Price - YTD price percent change	-0.21%
Price % Change Month To Date	7.58%

EPS excluding extraordinary items - most recent fiscal year	11.570
EPS excluding extraordinary items - trailing 12 month	10.490
EPS Normalized - most recent fiscal year	—
Revenue/share - most recent fiscal year	—
Revenue/share - trailing 12 month	—
Book value per share - most recent fiscal year	82.148
Book value per share - most recent quarter	84.848
Book value (tangible) per share - most recent fiscal year	83.374
Book value (tangible) per share - most recent quarter	86.229
Cash per share - most recent fiscal year	10.138
Cash per share - most recent quarter	7.405
Cash Flow per share - most recent fiscal year	13.341
Cash Flow per share - trailing 12 month	12.308
Dividend per share - most recent fiscal year	—
Dividends per share - trailing 12 month	1.800
EBITD per share - trailing 12 month	—
EPS Basic excluding extraordinary items - most recent fiscal year	11.620
EPS Basic excluding extraordinary items - trailing 12 month	10.520
EPS including extraordinary items - most recent fiscal year	11.620
EPS including extraordinary items - trailing 12 month	10.530
Free Cash Flow per share - trailing 12 month	11.790

P/E excluding extraordinary items, most recent fiscal year	15.53
P/E Normalized, most recent fiscal year	14.29
Price to sales - most recent fiscal year	1.36
Price to Tangible Book - most fiscal year	1.86
Price to Free Cash Flow per Share - most recent fiscal year	13.31
Price to Cash Flow per share - trailing 12 month	12.71
Price to Book - most recent fiscal year	1.84
P/E excluding extraordinary items high, trailing 12 months	15.65
P/E excluding extraordinary items low, trailing 12 months	11.87
Net Debt, LFI	5,104.90
Net Debt, LFY	3,045.70
Dividend Yield - 5 Year Average	0.95%
Dividend Yield - indicated annual dividend divided by closing price	1.18%
Current Dividend Yield - Common Stock Primary Issue, LTM	1.15%

Free Cash Flow - most recent fiscal year	3,997.10
LT debt/equity - most recent fiscal year	24.38%
Payout ratio - most recent fiscal year	—
Total debt/total equity - most recent fiscal year	24.38%
LT debt/equity - most recent quarter	24.02%
Total debt/total equity - most recent quarter	29.43%
Free Cash Flow - trailing 12 month	3,426.60
Payout ratio - trailing 12 month	12.87%

Revenue - most recent fiscal year	34,250.40
Revenue - trailing 12 month	33,350.00
EBITD - most recent fiscal year	—
EBITD - trailing 12 month	—
Earnings before taxes - most recent fiscal year	4,739.90
Earnings before taxes - trailing 12 month	4,096.40
Net Income available to common - most recent fiscal year	3,585.20
Net Income available to common - trailing 12 months	3,052.90
Earnings before taxes Normalized - most recent fiscal year	—
Net Income Available to Common, Normalized - most recent fiscal year	—
Earnings per Share, Normalized, Excluding Extraordinary Items, Avg. Diluted Shares Outstanding, TTM	—

Net Profit Margin % - 1st historical fiscal year	10.57%
Net Profit Margin % - trailing 12 month	9.28%
Operating margin - 1st historical fiscal year	12.92%
Operating margin - trailing 12 month	11.43%
Pretax margin - trailing 12 month	12.28%
Pretax margin - 1st historical fiscal year	13.84%
Operating Margin - 5 year average	17.60%
Pretax Margin - 5 year average	18.16%
Free Operating Cash Flow/Revenue, 5 Year Average	14.11%
Free Operating Cash Flow/Revenue, TTM	—
Net Profit Margin - 5 year average	13.97%

Return on average assets - most recent fiscal year	—
Return on average assets - trailing 12 month	—
Return on average equity - most recent fiscal year	—
Return on average equity - trailing 12 month	—
Return on average assets - 5 year average	15.42%
Return on average equity - 5 year average	23.47%
Net Income/employee - most recent fiscal year	252,485.88
Revenue/employee - most recent fiscal year	2,388,285.34

Revenue growth rate, 5 year	11.02%
EPS growth rate, 5 year	12.54%
Growth rate% - dividend, 3 year	21.14%
Revenue/share (5 yr growth)	15.03%
Growth rate% - Revenue, 3 year	0.76%
Growth rate% - EPS, 3 year	-11.18%
Book value per share growth rate, 5 year	20.36%
Capital Spending growth rate, 5 year	-13.69%
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR	8.99%

Financial forecast (USD, millions except per share)

	Actuals	Estimates
	2025	2026	2027	2028	2029

Financials (USD, millions)

Period end:	SEP 21	SEP 22	SEP 23	SEP 24	SEP 25
Fiscal year:	2021	2022	2023	2024	2025
Period length:	12 months	12 months	12 months	12 months	12 months

Announcements

Announcements are available for ASX-listed companies only.

Opinion

27/01/2023 09:25

Can this week’s earnings beat by US homebuilder D.R. Horton Inc (DHI US) spark some domestic interest in the sector

This week saw DHI beat downbeat analyst expectations which have seen the stock make fresh 12 months highs e.g. consolidated revenue increased 3% to $US7.3bn. If this American builder can continue to deliver “ok” results during these tough times we believe it’s laying excellent foundations when interest rates and the economy stabilise however we wouldn’t be chasing the stock to fresh highs when 27% of its gross sales orders were cancelled for the 1st quarter of 2023.

Business Summary

D.R. Horton is the largest homebuilder in the United States with operations in 126 markets across 36 states. D.R. Horton mainly builds single-family homes (over 90% of home sales revenue) and offers products to entry-level, move-up, luxurybuyers, and active adults. The company offers homebuyers mortgage financing and title agency services through its financial services segment. The firm has majority ownership of Forestar Group, a publicly traded residential lot development company. D.R. Horton's headquarters are in Arlington, Texas.