WATCH D.R. Horton, Inc. (DHI)
Consumer Cyclical · Residential Construction · NYQ · United States
50
Final Score
-30.4%
Margin of Safety
48
Quality Score
$156.06
Current Price
$44.3B
Market Cap
Key Metrics
Pe Ratio
14.65
Forward Pe
12.97
Pb Ratio
1.88
Ev Ebitda
11.54
Roe
13.1%
Gross Margin
21.6%
Operating Margin
11.3%
Net Margin
9.5%
Dividend Yield
116.0%
Debt To Equity
27.45
Current Ratio
6.37
Beta
1.38
📈 Trend Charts
Revenue Trend
EPS Trend
Net Income Trend
Free Cash Flow Trend
Intrinsic Value Estimates
Low
$95.71
Base
$119.64
High
$143.57
Pipeline Stage Details
Stage A — Hard Filters ✅
Pe Ratio
14.65
Eps Positive Years
4.00
Eps Lookback
4.00
Fcf Positive Years
4.00
Fcf Lookback
4.00
Debt To Equity
0.27
Current Ratio
6.37
Dilution Cagr
-0.05
Stage B — Quality Score: 48/100
Stage C — Cyclicality: LOW
Normalized EPS
$14.06
Stage F — Final Score Breakdown
| Component | Weighted Score |
|---|---|
| Valuation | 3.0 |
| Earnings Quality | 12.1 |
| Balance Sheet | 18.0 |
| Stability | 12.0 |
| Moat Proxies | 5.5 |
Top Drivers
- Reasonable P/E of 14.7x — below long-run market average (~15-17x), suggesting the stock is not overpriced.
- Fortress balance sheet: D/E of 0.27x (conservative) and current ratio of 6.37x — ample liquidity and low financial risk. Graham emphasis on capital preservation.
- Low cyclicality: earnings are relatively stable and predictable, making intrinsic value estimates more reliable.
Top Risks
- Quality concern: Operating margin in structural decline
Financial History
| Year | Revenue | Gross Profit | Operating Income | Net Income | EPS |
|---|---|---|---|---|---|
| 2021 | N/A | N/A | N/A | N/A | $N/A |
| 2022 | $33.5B | $10.5B | $7.6B | $5.9B | $16.51 |
| 2023 | $35.5B | $9.4B | $6.1B | $4.7B | $13.82 |
| 2024 | $36.8B | $9.5B | $5.9B | $4.8B | $14.34 |
| 2025 | $34.3B | $8.1B | $4.4B | $3.6B | $11.57 |
Cash Flow History
| Year | Operating CF | CapEx | Free Cash Flow |
|---|---|---|---|
| 2021 | N/A | N/A | N/A |
| 2022 | $561.8M | $-148.2M | $413.6M |
| 2023 | $4.3B | $-148.6M | $4.2B |
| 2024 | $2.2B | $-165.3M | $2.0B |
| 2025 | $3.4B | $-137.4M | $3.3B |