DHI Net Margin | D.R. Horton, Inc.

HORTON D R INC /DE/ Net Margin

Net margin is the percentage of revenue a company keeps as profit after every expense and tax. It is net income divided by revenue, and the table shows both amounts beside the percentage. A higher net margin means more of each sales dollar reaches the bottom line. One-time gains, write-downs and tax items pass through net income, so a single period's net margin can move for reasons unrelated to the underlying business. Quarterly and annual points each use the amounts filed for that same period, so a single quarter can swing with the seasons.

HORTON D R INC /DE/ net margin for the quarter ending 2026-06-30 was 9.96%, a 11.09% decline year-over-year.
HORTON D R INC /DE/ net margin for the quarter ending 2026-03-31 was 8.71%, a 17.80% decline year-over-year.
HORTON D R INC /DE/ net margin for the quarter ending 2025-12-31 was 8.73%, a 21.96% decline year-over-year.
HORTON D R INC /DE/ net margin for the quarter ending 2025-09-30 was 9.47%, a 27.10% decline year-over-year.
HORTON D R INC /DE/ net margin for fiscal 2025 was 10.57%, a 19.05% decline from fiscal 2024.
HORTON D R INC /DE/ net margin for fiscal 2024 was 13.06%, a 3.43% decline from fiscal 2023.
HORTON D R INC /DE/ net margin for fiscal 2023 was 13.52%, a 23.21% decline from fiscal 2022.
HORTON D R INC /DE/ net margin for fiscal 2022 was 17.61%, a 16.69% increase from fiscal 2021.

Available history: 2009-09-30 to 2026-06-30
Data captured: 2026-06-30

Historical Net Margin

Date	Net Margin	Net income	Revenue
2026-06-30	9.96%	$918.7M	$9.23B
2026-03-31	8.71%	$658M	$7.56B
2025-12-31	8.73%	$601.4M	$6.89B
2025-09-30	9.47%	$916.8M	$9.68B
2025-06-30	11.20%	$1.03B	$9.23B
2025-03-31	10.59%	$819.1M	$7.73B
2024-12-31	11.19%	$851.9M	$7.61B
2024-09-30	12.99%	$1.3B	$10B
2024-06-30	13.72%	$1.37B	$9.97B
2024-03-31	13.00%	$1.18B	$9.11B
2023-12-31	12.37%	$955.7M	$7.73B
2023-09-30	14.52%	$1.53B	$10.5B
2023-06-30	13.90%	$1.35B	$9.73B
2023-03-31	11.91%	$949.6M	$7.97B
2022-12-31	13.34%	$968.3M	$7.26B
2022-09-30	17.10%	$1.65B	$9.64B
2022-06-30	18.88%	$1.66B	$8.79B
2022-03-31	18.03%	$1.44B	$8B
2021-12-31	16.24%	$1.15B	$7.05B
2021-09-30	16.59%	$1.35B	$8.11B
2021-06-30	15.33%	$1.12B	$7.28B
2021-03-31	14.49%	$933.9M	$6.45B
2020-12-31	13.40%	$795.2M	$5.93B
2020-09-30	12.99%	$831.2M	$6.4B
2020-06-30	11.74%	$632.9M	$5.39B
2020-03-31	10.76%	$484M	$4.5B
2019-12-31	10.76%	$432.5M	$4.02B
2019-09-30	10.00%	$503.9M	$5.04B
2019-06-30	9.65%	$473.6M	$4.91B
2019-03-31	8.58%	$354.4M	$4.13B
2018-12-31	8.15%	$286.7M	$3.52B
2018-09-30	10.41%	$468.9M	$4.51B
2018-06-30	10.23%	$453.7M	$4.44B
2018-03-31	9.24%	$350.8M	$3.79B
2017-12-31	5.67%	$188.8M	$3.33B
2017-09-30	7.53%	$313.3M	$4.16B
2017-06-30	7.65%	$289M	$3.78B
2017-03-31	7.05%	$229.2M	$3.25B
2016-12-31	7.12%	$206.9M	$2.9B
2016-09-30	7.58%	$283.7M	$3.74B
2016-06-30	7.73%	$249.8M	$3.23B
2016-03-31	7.05%	$195.1M	$2.77B
2015-12-31	6.53%	$157.7M	$2.42B
2015-09-30	7.53%	$238.9M	$3.17B
2015-06-30	7.50%	$221.4M	$2.95B
2015-03-31	6.17%	$147.9M	$2.4B
2014-12-31	6.19%	$142.5M	$2.3B
2014-09-30	6.72%	$166.2M	$2.47B
2014-06-30	5.27%	$113.1M	$2.15B
2014-03-31	7.55%	$131M	$1.74B
2013-12-31	7.37%	$123.2M	$1.67B
2013-09-30	7.50%	$139.5M	$1.86B
2013-06-30	8.62%	$146M	$1.69B
2013-03-31	7.75%	$111M	$1.43B
2012-12-31	5.20%	$66.3M	$1.28B
2012-09-30	7.49%	$100.1M	$1.34B
2012-06-30	68.50%	$787.8M	$1.15B
2012-03-31	4.22%	$40.6M	$961.2M
2011-12-31	3.06%	$27.7M	$906.6M
2011-09-30	3.26%	$35.8M	$1.1B
2011-06-30	2.87%	$28.7M	$999.2M
2011-03-31	3.70%	$27.8M	$751.1M
2010-12-31	-2.59%	-$20.4M	$788.2M
2010-09-30	-0.93%	-$8.8M	$948.5M
2010-06-30	3.59%	$50.5M	$1.41B

Annual Net Margin

Date	Net Margin	Net income	Revenue
2025-09-30	10.57%	$3.62B	$34.25B
2024-09-30	13.06%	$4.81B	$36.8B
2023-09-30	13.52%	$4.8B	$35.46B
2022-09-30	17.61%	$5.9B	$33.48B
2021-09-30	15.09%	$4.19B	$27.77B
2020-09-30	11.72%	$2.38B	$20.31B
2019-09-30	9.20%	$1.62B	$17.59B
2018-09-30	9.10%	$1.46B	$16.07B
2017-09-30	7.37%	$1.04B	$14.09B
2016-09-30	7.29%	$886.3M	$12.16B
2015-09-30	6.94%	$750.7M	$10.82B
2014-09-30	6.65%	$533.5M	$8.02B
2013-09-30	7.39%	$462.7M	$6.26B
2012-09-30	21.96%	$956.3M	$4.35B
2011-09-30	1.97%	$71.8M	$3.64B
2010-09-30	5.57%	$245.1M	$4.4B
2009-09-30	-15.03%	-$549.8M	$3.66B

Similar stocks

Stock Name	Country	Market Cap	PE Ratio
PULTEGROUP INC/MI/ (PHM)	United States	$22.151B	13.71
NVR INC (NVR)	United States	$16.637B	16.09
Toll Brothers, Inc. (TOL)	United States	$12.526B	11.38
Everus Construction Group, Inc. (ECG)	United States	$5.959B	33.28
Meritage Homes CORP (MTH)	United States	$4.204B	16.60
M/I HOMES, INC. (MHO)	United States	$3.484B	12.98
KB HOME (KBH)	United States	$2.919B	11.01
Green Brick Partners, Inc. (GRBK)	United States	$2.916B	11.82
Century Communities, Inc. (CCS)	United States	$1.762B	15.21
LGI Homes, Inc. (LGIH)	United States	$1.140B	22.37