US · USD
DHI
DR Horton Inc
- Day's range
- $132.18 – $134.56
- Day's volume
- $152M
- 52-week range
- $131.74 – $169.50
Follow DHI in the Fuolio
See how DHI weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountDHI in numbers
- Market cap
- $37.4B
- P/E
- 12.24
- P/B
- 1.57
- Dividend yield (12m)
- 1.35%
The 12-month dividend yield of DHI is 1.35%, above its 5-year average of 0.91%.
DHI price history
DHI risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | -15.22% | +7.72% | +44.07% |
| Volatility (annualized) | 29.96% | 35.51% | 36.30% |
| Largest drawdown | -17.72% | -37.58% | -38.61% |
| Positive months | 5/12 | 19/36 | 31/60 |
How much did investing in DHI return?
$1,000.00 invested on 11/01/2021 would be worth $1,440.99 today.
- Value today in DHI
- $1,440.99
- Return over the period
- +44.10%
- Return per year
- +7.70%
- In the S&P 500
- $1,699.01
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
DHI fundamentals
Valuation
- P/E12.24
- P/B1.57
- EV/EBITDA—
- EV/EBIT—
- EV/Revenue1.12
- P/EBIT—
- P/S1.12
- P/OCF11.16
- P/FCF11.68
- Earnings yield—
- PEG ratio—
- Earnings per share$10.91
- Book value per share$85.16
Efficiency
- Gross margin22.61%
- EBITDA margin—
- Operating margin—
- Net margin9.15%
- Asset turnover0.91
Profitability
- ROE12.82%
- ROA8.36%
- ROIC—
- Payout16.49%
Growth
- Revenue CAGR (5 years)5.05%
- Earnings CAGR (5 years)-3.59%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is DHI's fair price?
Two classic value formulas, with today's numbers. The current price is $133.65.
- Graham's fair price
- $144.62
- 8.21% above the price
√(22.50 × $10.91 × $85.16)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $19.17
- 85.66% below the price
$1.15 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
DHI's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 11.73 | 9.44 | 10.67 | 5.24 | 9.26 | 10.58 | 12.01 | 8.93 |
| P/B | 1.74 | 1.77 | 2.23 | 1.58 | 2.60 | 2.12 | 1.94 | 1.45 |
| Dividend yield | 1.15% | 0.93% | 0.69% | 1.04% | 0.76% | 1.05% | 1.18% | 1.51% |
| Earnings per share | $12.28 | $14.81 | $14.24 | $17.01 | $11.71 | $6.51 | $4.39 | $3.88 |
| Book value per share | $82.83 | $78.81 | $68.12 | $56.33 | $41.75 | $32.49 | $27.19 | $23.88 |
| ROE | 14.82% | 18.79% | 20.91% | 30.20% | 28.05% | 20.05% | 16.15% | 16.25% |
| Gross margin | 23.70% | 25.91% | 26.37% | 31.37% | 28.35% | 24.31% | 22.01% | 22.84% |
| Net margin | 10.47% | 12.92% | 13.38% | 17.50% | 15.03% | 11.69% | 9.20% | 9.09% |
DHI's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $34.3B | $36.8B | $35.5B | $33.5B | $27.8B | $20.3B |
| Cost of revenue | -$26.1B | -$27.3B | -$26.1B | -$23B | -$19.9B | -$15.4B |
| Gross profit | $8.1B | $9.5B | $9.4B | $10.5B | $7.9B | $4.9B |
| EBITDA | — | — | — | — | — | — |
| EBIT | — | — | — | — | — | — |
| Financial result | — | — | — | — | — | — |
| Income before tax | $4.7B | $6.3B | $6.3B | $7.6B | $5.4B | $3B |
| Income tax | -$1.1B | -$1.5B | -$1.5B | -$1.7B | -$1.2B | -$602.5M |
| Net income | $3.6B | $4.8B | $4.7B | $5.9B | $4.2B | $2.4B |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does DHI pay dividends?
Dividend yield per year
- 0.83%2017
- 1.51%2018
- 1.18%2019
- 1.05%2020
- 0.76%2021
- 1.04%2022
- 0.69%2023
- 0.93%2024
- 1.15%2025
- 1.01%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/05/2026 | 08/13/2026 | $0.45 |
| Dividend | 05/06/2026 | 05/14/2026 | $0.45 |
| Dividend | 02/04/2026 | 02/12/2026 | $0.45 |
| Dividend | 11/12/2025 | 11/20/2025 | $0.45 |
| Dividend | 08/06/2025 | 08/14/2025 | $0.40 |
| Dividend | 05/01/2025 | 05/09/2025 | $0.40 |
| Dividend | 02/06/2025 | 02/14/2025 | $0.40 |
| Dividend | 11/11/2024 | 11/19/2024 | $0.40 |
| Dividend | 07/31/2024 | 08/08/2024 | $0.30 |
| Dividend | 04/30/2024 | 05/09/2024 | $0.30 |
| Dividend | 02/02/2024 | 02/13/2024 | $0.30 |
| Dividend | 11/17/2023 | 11/28/2023 | $0.30 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/03/2023 | 08/14/2023 | $0.25 |
| Dividend | 05/01/2023 | 05/10/2023 | $0.25 |
| Dividend | 02/03/2023 | 02/14/2023 | $0.25 |
| Dividend | 11/30/2022 | 12/12/2022 | $0.25 |
| Dividend | 08/02/2022 | 08/11/2022 | $0.23 |
| Dividend | 05/05/2022 | 05/18/2022 | $0.23 |
| Dividend | 02/15/2022 | 02/25/2022 | $0.23 |
| Dividend | 12/02/2021 | 12/15/2021 | $0.23 |
| Dividend | 08/06/2021 | 08/17/2021 | $0.20 |
| Dividend | 05/06/2021 | 05/20/2021 | $0.20 |
| Dividend | 02/15/2021 | 02/25/2021 | $0.20 |
| Dividend | 12/02/2020 | 12/14/2020 | $0.20 |
| Dividend | 08/10/2020 | 08/24/2020 | $0.18 |
| Dividend | 05/07/2020 | 05/21/2020 | $0.18 |
| Dividend | 02/06/2020 | 02/24/2020 | $0.18 |
| Dividend | 11/25/2019 | 12/11/2019 | $0.18 |
| Dividend | 08/08/2019 | 08/26/2019 | $0.15 |
| Dividend | 05/09/2019 | 05/28/2019 | $0.15 |
| Dividend | 02/07/2019 | 02/25/2019 | $0.15 |
| Dividend | 11/22/2018 | 12/10/2018 | $0.15 |
| Dividend | 08/06/2018 | 08/22/2018 | $0.13 |
| Dividend | 05/09/2018 | 05/25/2018 | $0.13 |
| Dividend | 02/21/2018 | 03/09/2018 | $0.13 |
| Dividend | 11/29/2017 | 12/15/2017 | $0.13 |
| Dividend | 08/04/2017 | 08/23/2017 | $0.10 |
| Dividend | 05/02/2017 | 05/19/2017 | $0.10 |
| Dividend | 01/31/2017 | 02/15/2017 | $0.10 |
| Dividend | 11/22/2016 | 12/12/2016 | $0.10 |
About Dr Horton
- Sector
- Construction
Questions about DHI
How much is DHI today?
DHI is at $133.65 (-1.00% on the day), last traded on 10/05/2026.
How much did DHI pay in dividends in 2025?
DHI paid $1.65 per share in 2025, a dividend yield of 1.15%.
What are the P/E and P/B of DHI?
DHI trades at a P/E of 12.24 and a P/B of 1.57.
How much did DHI return in 12 months?
DHI returned -15.22% in 12 months, with annualized volatility of 29.96% and a largest drawdown of -17.72%.