D.R. Horton, Inc. (DHI) Operating Margin: 11.76%
Is D.R. Horton, Inc.’s operating margin high or low?
D.R. Horton, Inc.'s operating margin of 11.76% is 32% below its 5-year average of 17.35%, near the low end of its 5-year range (11.76%–23.02%).
As of Friday, June 19, 2026. 20.35% below its 12-month average of 14.77%.
DHI Operating Margin Chart
DHI Average Operating Margin Chart
DHI Current vs Average Operating Margin Chart
DHI Operating Margin Metrics
OPERATING MARGIN
11.76%
OPERATING MARGIN AVG TTM
14.77%
OPERATING MARGIN AVG 3Y
17.54%
OPERATING MARGIN AVG 5Y
17.35%
OPERATING MARGIN AVG 10Y
14.75%
OPERATING MARGIN AVG 15Y
12.08%
OPERATING MARGIN AVG 20Y
11.55%
CURRENT VS TTM AVG
-20.35%
CURRENT VS 3Y AVG
-32.94%
CURRENT VS 5Y AVG
-32.23%
CURRENT VS 10Y AVG
-20.28%
CURRENT VS 15Y AVG
-2.68%
CURRENT VS 20Y AVG
+1.78%
DHI Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| D.R. Horton, Inc. (DHI) | $44.75B | 11.76% | 14.77% | 17.54% | 17.35% |
| Yum! Brands, Inc. (YUM)vs › | $41.89B | 31.47% | 31.31% | 31.84% | 31.07% |
| Chipotle Mexican Grill, Inc. (CMG)vs › | $41.67B | 15.79% | 16.91% | 15.76% | 13.09% |
| eBay Inc. (EBAY)vs › | $48.06B | 19.58% | 21.52% | 21.56% | 23.99% |
| AutoZone, Inc. (AZO)vs › | $50.16B | 18.02% | 19.77% | 19.82% | 19.94% |
| JD.com, Inc. (JD)vs › | $37.23B | -0.30% | 1.77% | 1.96% | 1.66% |
| Ford Motor Company (F)vs › | $54.95B | 1.84% | 2.05% | 2.80% | 1.88% |
| Sea Limited (SE)vs › | $55.91B | 8.20% | 6.04% | 0.46% | -7.31% |
| Las Vegas Sands Corp. (LVS)vs › | $32.28B | 24.64% | 22.78% | 12.38% | -2.35% |
| Casey's General Stores, Inc. (CASY)vs › | $31.22B | 5.89% | 5.45% | 4.97% | 4.83% |
Operating Efficiency
Gross Margin
22.8%
Operating Margin
11.8%
D.R. Horton, Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
D.R. Horton, Inc. Operating Margin FAQ
- What is the operating margin for D.R. Horton, Inc. (DHI)?
- The operating margin for DHI stock is 11.76%.
- Is D.R. Horton, Inc.'s operating margin high or low?
- D.R. Horton, Inc.'s operating margin of 11.76% is 32% below its 5-year average of 17.35%, near the low end of its 5-year range (11.76%–23.02%).
- What is the TTM average operating margin for D.R. Horton, Inc. (DHI)?
- The TTM average operating margin for DHI stock is 14.77%.
- What is the 3Y average operating margin for D.R. Horton, Inc. (DHI)?
- The 3Y average operating margin for DHI stock is 17.54%.
- What is the 5Y average operating margin for D.R. Horton, Inc. (DHI)?
- The 5Y average operating margin for DHI stock is 17.35%.
- What is the 10Y average operating margin for D.R. Horton, Inc. (DHI)?
- The 10Y average operating margin for DHI stock is 14.75%.
- What is the 15Y average operating margin for D.R. Horton, Inc. (DHI)?
- The 15Y average operating margin for DHI stock is 12.08%.
- What is the 20Y average operating margin for D.R. Horton, Inc. (DHI)?
- The 20Y average operating margin for DHI stock is 11.55%.
D.R. Horton, Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-09-30 | 12.92% |
| 2024-09-30 | 16.61% |
| 2023-09-30 | 17.60% |
| 2022-09-30 | 23.02% |
| 2021-09-30 | 19.41% |
| 2020-09-30 | 14.55% |
| 2019-09-30 | 11.68% |
| 2018-09-30 | 12.70% |
| 2017-09-30 | 11.81% |
| 2016-09-30 | 11.38% |
| 2015-09-30 | 10.58% |
| 2014-09-30 | 10.09% |
| 2013-09-30 | 10.22% |
| 2012-09-30 | 5.68% |
| 2011-09-30 | 1.57% |
| 2010-09-30 | 3.94% |
| 2009-09-30 | -13.18% |
| 2008-09-30 | -38.03% |
| 2007-09-30 | -4.28% |
| 2006-09-30 | 13.12% |
| 2005-09-30 | 16.94% |
| 2004-09-30 | 14.42% |
| 2003-09-30 | 11.54% |
| 2002-09-30 | 9.79% |
| 2001-09-30 | 10.08% |
| 2000-09-30 | 8.67% |
| 1999-09-30 | 8.66% |
| 1998-09-30 | 8.25% |
| 1997-09-30 | 13.63% |
| 1996-09-30 | 17.28% |
About D.R. Horton, Inc.
Established in Arlington, Texas, in 1978, D.R. Horton, Inc. operates as a prominent residential construction enterprise. The company's core business involves acquiring and preparing land, then constructing and marketing homes across a substantial portion of the United States. Its operations span 31 states and 98 distinct markets, covering the East, North, Southeast, South Central, Southwest, and Northwest regions. Under several well-known brand names, including D.R. Horton, America's Builder, Express Homes, Emerald Homes, and Freedom Homes, the firm develops diverse housing types. This includes both individual detached houses and attached residences such as townhomes, duplexes, and triplexes. Beyond its primary homebuilding activities, D.R. Horton offers a range of complementary services. These encompass providing mortgage financing to its clientele, as well as furnishing title insurance, examination, and closing services. The company is also engaged in the development of residential lots. Additionally, D.R. Horton's portfolio extends to the creation, ownership, leasing, and sale of multi-family and single-family rental properties. It also holds non-residential real estate, such as ranch land and related facilities, and manages assets within the energy sector. The company primarily caters to individuals purchasing new homes.
- Sector
- Consumer Cyclical
- Industry
- Residential Construction
- CEO
- Paul J. Romanowski