Stock Analysis
D.R. Horton Inc.DHI
P/E 12.77×· 5Y range 4.24–15.32×· top 17% of history
Sector: Industrials · Industry: Operative Builders
AnalystsHold26 analystsP/E 12.8× sits at the 83rd percentile of its 5.086926762491444-year history.
Cash covers 29% of debt · Q3 2026.
PMP Verdict
Mixed fundamentals, expensive valuation
Strengths
- Financial Health87
- Quality85
Risks
- Valuation70
- Growth23
Mixed fundamentals at a demanding price.
Bull Case
- ✓Altman Z 5.1 — safe-zone balance sheet
- ✓Interest coverage 140.4× — debt well covered
What's happening with DHI
Profile
Strong financial health and earnings quality; growth and profitability lag behind.
How is each axis scored?
- Valuation70/100 · Moderate
- P/E vs own history (83th pct)0/25
- FCF yield (8.3%)25/25
- P/S (1.2x)25/25
- EV/EBIT (10.9x)20/25
- Growth23/100 · Weak
- Revenue CAGR (5.4%)12/25
- Net income CAGR (-3.7%)0/25
- EPS CAGR 5Y (0.3%)6/25
- Fwd implied growth (3.5%)5/25
- Profitability49/100 · Weak
- ROIC (10.7%)12/25
- ROE (12.5%)12/25
- Net margin (9.2%)13/25
- Operating margin (12.0%)12/25
- Financial Health87/100 · Strong
- Altman Z (5.11)25/25
- Current ratio (6.01)25/25
- Interest coverage (140.4x)25/25
- Net cash / debt (D/A 14%)12/25
- Quality85/100 · Strong
- Piotroski F (4/9)10/25
- Beneish M (-2.51)25/25
- FCF conversion (105%)25/25
- Margin stability (σ 3.5%)25/25
- Moat74/100 · Moderate
- ROIC >12% years (9/9 yrs)25/25
- Median gross margin (25.1%)6/25
- FCF-positive years (9/9 yrs)25/25
- Worst-year net margin (worst 9.1%)18/25
Risk Flags
- ⚠P/E 12.8× at top 17% of 5-year history
About D.R. Horton Inc.
D. Show more
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, luxury buyers, 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.
Headquarters: ARLINGTON, TX · Employees: 14,341 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
70B+P/E (TTM)12.7xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 4.2x–15.3x · 83rd pct
P/FCF10.7xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield8.3%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -1.3%–9.4% · 89th pct
P/S (TTM)1.16xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 0.7x–1.8x · 40th pct
EV/EBIT10.9xA
Grade A: CheapEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 10.6x–12.7x · 12th pct
EV/Sales1.3xA
Grade A: CheapEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E12.3xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio1.59xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio2.69C
Grade C: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield1.30%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio16.6%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
49D+ROIC10.7%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE12.5%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA8.6%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin9.2%C
Grade C: AverageNet Income / Revenue
Operating Margin12.0%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin22.6%D
Grade D: LowGross Profit / Revenue
FCF Margin9.6%C
Grade C: AverageFCF / Revenue
True FCF Margin9.2%C
Grade C: AverageTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
23ERevenue CAGR5.4%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-3.7%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)0.3%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth3.5%B
Grade B: LowAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-23.8%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income4.5%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.4%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
87AAltman Z-Score5.11A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio6.01xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio0.35xD
Grade D: Low(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage140.4xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment1.6yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT1.3xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.29xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.29xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
85APiotroski F-Score4/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.51A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion104.9%A
Grade A: StrongFCF / Net Income
Margin Stability3.5%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue0.5%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.94xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Murray Michael J Filed | Murray Michael J | Gift | -5000 | |
Smith Barbara Filed | Smith Barbara | Option exercise | -264 | |
Smith Barbara Filed | Smith Barbara | Option exercise | +264 | |
CROW M CHAD Filed | CROW M CHAD | Option exercise | -264 | |
CROW M CHAD Filed | CROW M CHAD | Option exercise | +264 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
CROWLEY ELAINE D Filed | CROWLEY ELAINE D | Option exercise | -264 | |
CROWLEY ELAINE D Filed | CROWLEY ELAINE D | Option exercise | +264 | |
Romanowski Paul J Filed | Romanowski Paul J | Tax withholding | -6024 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
74B+ROIC >12% Years9/9 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)25.1%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years9/9 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor9.1%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$10.91
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$7.40
Cash & short-term investments per share (Finnhub)
Book Value / Share$84.85
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$7.19B
Total debt obligations (short + long term)
Cash & Equiv.$2.08B
Cash and short-term investments
Net Debt$5.11B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$24.41B
Shareholders' equity (book value)
Asset / Liability3.02xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$38.75B
Current Market Capitalization
Beta1.39C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: D.R. Horton Inc. (DHI)
Piotroski F-Score of 4/9 indicates mixed fundamentals for D.R. Horton Inc.. Altman Z-Score of 5.11 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.51 suggests a low likelihood of earnings manipulation.
- Takes ~1.6 years to repay net debt from free cash flow.
- At a valuation score of 70/100, DHI trades near the cheapest end of its own historical range (P/E 12.7).
See how DHI ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all DHI moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 139.76 | +4.58% | 2.82 |
| Oct 15 | After-hours | 139.55 | +4.42% | 2.73 |
| Sep 22 | Regular | 144.49 | +3.76% | 2.51 |
| Sep 22 | After-hours | 145.90 | +4.78% | 3.11 |
Frequently Asked Questions about DHI
What is the current D.R. Horton Inc. (DHI) stock price?
DHI is trading at $139.39 at the last market close, down 0.11% on the session. PreMarketPrice tracks DHI pre-market, intraday and after-hours prices.
Is DHI stock a buy right now?
PreMarketPrice's quantitative model rates D.R. Horton Inc.'s financial health at 87/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is DHI stock overvalued?
D.R. Horton Inc. trades at a trailing P/E of 12.7 and our valuation score rates it 70/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does D.R. Horton Inc. report earnings?
No confirmed earnings date is currently scheduled for DHI. The Earnings section lists recent reports and updates as dates are announced.
What sector does D.R. Horton Inc. operate in?
D.R. Horton Inc. operates in the Industrials sector, within the Operative Builders industry. The Related Stocks section lists sector peers for comparison.
What does D.R. Horton Inc. do?
D.
About D.R. Horton Inc. (DHI) Stock
D.R. Horton Inc. (DHI) is a US-listed stock operating in the Industrials sector, specifically the Operative Builders industry. As of the latest update, D.R. Horton Inc. is trading at $139.39, down 0.11% on the day with a market capitalization of $38.8 billion. The financial health score for DHI is 87/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for DHI stock.
DHI Stock Analysis & Key Metrics
On PreMarketPrice, you can track D.R. Horton Inc. (DHI) across multiple dimensions:
- Pre-market price & movement: Real-time DHI stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for DHI with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for D.R. Horton Inc. across multiple reporting periods.
- Financial health score: A composite score of 87/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for DHI.
- Sector peers: Compare DHI against 6 other industrials stocks on key financial metrics.
Is DHI a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate D.R. Horton Inc. (DHI) as an investment. The financial health score of 87/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.D.R. Horton Inc. (DHI) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.