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D.R. Horton DHI

D.R. Horton scores average on business quality (4.6 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$134.88Oct 9, 2026
Business qualityAverage
Next earningsOct 29, 2026, after the close
Insiders, 90 daysQuiet

Why it matters

  1. What D.R. Horton does

    D.R. Horton constructs and sells residential homes through brands like Express Homes and Emerald Homes, targeting entry-level and move-up buyers across the United States. Revenue flows primarily from home sales and proprietary financial services like mortgage origination.

  2. What it does best

    D.R. Horton excels at volume production, building homes at a scale that undercuts smaller regional builders. Its revenue growth ranks in the bottom decile of its sector at -6.9%, showing how quickly demand cools during housing downturns.

  3. The main risk

    Valuation and pricing pressures remain a constant threat as rising interest rates freeze potential buyers, dragging revenue down from $36.8B in 2024 to $33.4B in the latest period.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityWeak

Operating margin sits at 12.6% with a net margin of 9.1%, compressing from previous highs due to higher incentives needed to move inventory in a cooling housing market.

MoatFair

Scale and supply chain dominance lock in land developers and entry-level buyers, backed by an operating margin ranking in the middle of the pack at 53rd percentile.

GrowthSlow

Revenue growth contracted by 6.9% in the latest period, extending a cooling trend from 2024's $36.8B peak as residential demand slows down across primary markets.

Financial healthStrong

Debt-to-equity sits at 0.2, backed by $2.9B in cash and $3.2B in free cash flow, pointing to a resilient balance sheet getting stronger through heavy cash generation.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

No open market buys or unplanned sales by executives or directors.

Our sealed record on DHI

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is DHI a good business?

D.R. Horton scores average on the Cluenex quality check (4.6 of 10), measured against its own industry. Profitability is weak, moat fair, growth slow and financial health strong.

Are insiders buying DHI?

In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.

When does DHI report earnings?

Oct 29, 2026, after the close.

For members

See DHI today

  • Today's verdict on DHI, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “D.R. Horton (DHI)”, https://cluenex.com/stocks/dhi/, data as of Oct 10, 2026.