D.R. Horton, Inc. (DHI) is a Industrials stock trading at $144.42 (as of 2026-09-03), with a market capitalization of $40.39B and a trailing P/E of 13.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
D.R. Horton, Inc. operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 31 states and 98 markets under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, and Freedom Homes. The company constructs and sells single-family detached homes; and attached homes, such as town homes, duplexes, and triplexes. It also provides mortgage financing services; and title insurance policies, and examination and closing services, as well as engages in the residential lot development business. In addition, the company develops, constructs, owns, leases, and sells multi-family and single-family rental properties; owns non-residential real estate, including ranch land and improvements; and owns and operates energy related assets. It primarily serves homebuyers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas.
D.R. Horton builds and sells single-family homes across 31 U.S. states, earning its revenue from the markup on completed homes plus a modest Forestar land and financial-services tail. The moat is speed and scale: 98 markets, assembled land pipelines, and a multi-brand stack that lets it convert lots to closings faster than smaller regional builders.
The profit engine is land-to-cash speed: Forestar assembles and controls lots, the build team turns them into closable homes, and the interval between the two determines how much capital sits idle (or compounds) in any given cycle.
| Homebuilding | $8.4B |
| Forestar | $0.4B |
| Rental | $0.2B |
| Financial Services | $0.2B |
Business quality (Mixed): Scale and cycle-time discipline give DHI a structural edge, but 90%+ revenue concentration in a single cyclical product leaves limited hedging against a demand step-down.
Valuation: At 15× earnings, DHI trades 37% below the Construction average (23×). Note: the low multiple may reflect one-time earnings items.
| Price | $144.42 |
| Market Cap | $40.39B |
| P/E Ratio | 13.3 |
| EV / EBITDA | 9.1 |
| Price / Book | 1.66 |
| Price / Sales | 1.21 |
| FCF Yield | 8.1% |
| DCF Value (model) | $212.81 |
| DCF Upside vs Price | 47.4% |
| Revenue (TTM) | $34.25B |
| Net Margin | 10.5% |
| Revenue Growth (YoY) | 0.0% |
| EPS Growth (YoY) | -4.7% |
| FCF Growth (YoY) | -9.5% |
| Stock P/E | 13.3 |
| Sector P/E (Industrials) | 25.5 |
| Industry P/E (Construction) | 24.4 |
| vs Sector | -47.9% |
| vs Industry | -45.5% |
| Top Institutional Holder | Capital World Investors ($5.07B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 10 |
| Sector | Industrials |
| Industry | Construction |
| CEO | Paul J. Romanowski |
| Employees | 14,766 |
| Country | US |
| IPO Date | 1992-06-05 |
Data as of 2026-09-03.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.