# D.R. Horton Inc. (DHI) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Construction & Engineering. Price $142.75, market value $39.9 billion.

## Valuation
- **P/E (trailing): 13.6×** (5-yr avg 9.2×, 3-yr avg 11.7×). D.R. Horton Inc. trades at 13.6× trailing earnings, well above its own five-year average of 9.2×: investors are paying up relative to the company's past. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 12.2×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.2×**. Each dollar of revenue is priced at 1.2×.
- **Price / book: 1.7×**. The shares trade at 1.7× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 8.0%** (5-yr avg 4.9%). Free cash flow equals 8.0% of the market value, above its five-year average of 4.9%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 7.3%**. The inverse of the P/E: 7.3% of the price is earned each year.

## Profitability
- **Net margin: 10.5%**. 10.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 14.8%**. 14.8% on shareholders' equity is solid.
- **Return on assets: 8.6%**. Each dollar of assets produces 8.6% of profit.

## Growth
- **Revenue growth (1 yr): -6.9%** (3-yr 0.8%/yr, 5-yr 11.0%/yr). Revenue fell 6.9% over the last year, against 11.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -19.3%** (3-yr -11.2%/yr, 5-yr 12.5%/yr). Earnings per share fell 19.3%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 99.5%/yr**. Free cash flow has compounded at 99.5% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 1.26%** ($1.75 per share, trailing). D.R. Horton Inc. yields 1.26%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 14%** (16% of free cash flow). 14% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 12**. 12 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 17.9%/yr** (1-yr 26.9%). The dividend has compounded at 17.9% a year over five years, doubling roughly every 4 years at that pace.

## Analyst view
- **Analyst consensus: hold** (12 analysts). 12 analysts cover D.R. Horton Inc.; the consensus is hold, with an average price target of $162.92 (+14% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -18.5%** (YTD -0.3%, 3-mo -2.0%). The shares are down 18.5% over twelve months including dividends.
- **From 52-week high: -22.0%** (8.3% above the low). Trading 22% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 44**. An RSI of 44 is neutral.
- **Beta (1 yr): 0.92** (volatility 36%). Beta of 0.92 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=DHI · Page: https://foliofundamentals.com/stocks/dhi

Not investment advice.