DR Horton (DHI) Ratios
DR Horton Ratios
MX:DHI's free cash flow for Q4 2026 was $2.57B. For the 2026 fiscal year, MX:DHI's free cash flow was decreased by $-53.80M and operating cash flow was $2.63B. See a summary of the company’s cash flow.
| Ratios | Sep 26 | Sep 25 | Sep 24 | Sep 23 | Sep 22 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 6.01 | 17.39 | 17.06 | 14.96 | 13.13 |
| Quick Ratio | 0.95 | 4.51 | 4.83 | 4.22 | 3.26 |
| Cash Ratio | 0.42 | 1.52 | 2.22 | 1.86 | 1.16 |
| Solvency Ratio | 0.27 | 0.34 | 0.47 | 0.51 | 0.56 |
| Operating Cash Flow Ratio | 0.71 | 1.74 | 1.08 | 2.07 | 0.26 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ 18.65B | $ 23.41B | $ 24.47B | $ 21.73B | $ 18.24B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.17 | 0.17 | 0.17 | 0.16 | 0.20 |
| Debt-to-Equity Ratio | 0.26 | 0.25 | 0.24 | 0.23 | 0.32 |
| Debt-to-Capital Ratio | 0.21 | 0.20 | 0.19 | 0.18 | 0.24 |
| Long-Term Debt-to-Capital Ratio | 0.21 | 0.20 | 0.19 | 0.18 | 0.24 |
| Financial Leverage Ratio | 1.51 | 1.47 | 1.43 | 1.44 | 1.56 |
| Debt Service Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt to Market Cap | 0.16 | 0.11 | 0.09 | 0.14 | 0.26 |
| Interest Debt Per Share | 21.26 | 19.55 | 18.12 | 15.09 | 17.39 |
| Net Debt to EBITDA | 0.99 | 0.63 | 0.23 | 0.20 | 0.46 |
| Profitability Margins | |||||
| Gross Profit Margin | 22.28% | 23.70% | 25.91% | 26.37% | 31.37% |
| EBIT Margin | 11.82% | 13.84% | 17.08% | 17.81% | 22.79% |
| EBITDA Margin | 12.17% | 14.13% | 17.31% | 18.07% | 23.03% |
| Operating Profit Margin | 10.93% | 12.92% | 16.61% | 17.60% | 23.02% |
| Pretax Profit Margin | 11.82% | 13.84% | 17.08% | 17.81% | 22.79% |
| Net Profit Margin | 8.74% | 10.47% | 12.92% | 13.38% | 17.50% |
| Continuous Operations Profit Margin | 8.89% | 10.57% | 13.06% | 13.52% | 17.61% |
| Net Income Per EBT | 73.97% | 75.64% | 75.68% | 75.15% | 76.77% |
| EBT Per EBIT | 108.14% | 107.14% | 102.79% | 101.18% | 98.98% |
| Return on Assets (ROA) | 8.30% | 10.11% | 13.17% | 14.57% | 19.30% |
| Return on Equity (ROE) | 12.50% | 14.82% | 18.79% | 20.91% | 30.20% |
| Return on Capital Employed (ROCE) | 12.09% | 13.20% | 17.95% | 20.46% | 27.38% |
| Return on Invested Capital (ROIC) | 9.09% | 10.09% | 13.72% | 15.54% | 21.15% |
| Return on Tangible Assets | 8.34% | 10.16% | 13.24% | 14.64% | 19.41% |
| Earnings Yield | 7.42% | 6.86% | 7.57% | 12.96% | 24.73% |
| Efficiency Ratios | |||||
| Receivables Turnover | 0.00 | 74.64 | 87.33 | 83.06 | 79.13 |
| Payables Turnover | 23.04 | 21.39 | 20.26 | 20.95 | 16.89 |
| Inventory Turnover | 1.02 | 1.03 | 1.09 | 1.17 | 1.06 |
| Fixed Asset Turnover | 52.16 | 398.72 | 525.73 | 548.92 | 231.86 |
| Asset Turnover | 0.95 | 0.97 | 1.02 | 1.09 | 1.10 |
| Working Capital Turnover Ratio | 1.16 | 1.06 | 1.19 | 1.27 | 1.39 |
| Cash Conversion Cycle | 340.39 | 341.00 | 319.54 | 299.74 | 327.03 |
| Days of Sales Outstanding | 0.00 | 4.89 | 4.18 | 4.39 | 4.61 |
| Days of Inventory Outstanding | 356.23 | 353.17 | 333.37 | 312.76 | 344.03 |
| Days of Payables Outstanding | 15.84 | 17.07 | 18.01 | 17.42 | 21.61 |
| Operating Cycle | 356.23 | 358.06 | 337.55 | 317.16 | 348.64 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 12.31 | 11.09 | 6.65 | 12.63 | 1.60 |
| Free Cash Flow Per Share | 11.75 | 10.64 | 6.14 | 12.20 | 1.18 |
| Dividend Paid and CapEx Coverage Ratio | 5.21 | 5.41 | 3.91 | 8.79 | 1.21 |
| Capital Expenditure Coverage Ratio | 21.87 | 24.90 | 13.25 | 28.96 | 3.79 |
| Operating Cash Flow Coverage Ratio | 0.58 | 0.57 | 0.37 | 0.84 | 0.09 |
| Operating Cash Flow to Sales Ratio | 0.11 | 0.10 | 0.06 | 0.12 | 0.02 |
| Free Cash Flow Yield | 8.60% | 6.28% | 3.22% | 11.35% | 1.75% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 13.48 | 14.58 | 13.22 | 7.72 | 4.04 |
| Price-to-Sales (P/S) Ratio | 1.18 | 1.53 | 1.71 | 1.03 | 0.71 |
| Price-to-Book (P/B) Ratio | 1.68 | 2.16 | 2.48 | 1.61 | 1.22 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 11.63 | 15.92 | 31.05 | 8.81 | 57.27 |
| Price-to-Operating Cash Flow Ratio | 11.10 | 15.28 | 28.71 | 8.51 | 42.16 |
| Price-to-Earnings Growth (PEG) Ratio | -1.06 | -0.75 | 3.61 | -0.47 | 0.09 |
| Enterprise Value Multiple | 10.67 | 11.43 | 10.09 | 5.91 | 3.54 |
| Enterprise Value | 42.91B | 55.33B | 64.31B | 37.88B | 27.26B |
| EV to EBITDA | 10.67 | 11.43 | 10.09 | 5.91 | 3.54 |
| EV to Sales | 1.30 | 1.62 | 1.75 | 1.07 | 0.81 |
| EV to Free Cash Flow | 12.82 | 16.85 | 31.77 | 9.12 | 65.91 |
| EV to Operating Cash Flow | 12.24 | 16.17 | 29.37 | 8.80 | 48.52 |
| Tangible Book Value Per Share | 82.69 | 79.58 | 77.86 | 67.40 | 55.76 |
| Shareholders’ Equity Per Share | 81.14 | 78.41 | 76.82 | 66.62 | 55.15 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.25 | 0.24 | 0.24 | 0.24 | 0.23 |
| Revenue Per Share | 116.02 | 111.02 | 111.69 | 104.08 | 95.19 |
| Net Income Per Share | 10.15 | 11.62 | 14.44 | 13.93 | 16.65 |
| Tax Burden | 0.74 | 0.76 | 0.76 | 0.75 | 0.77 |
| Interest Burden | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.11 | 0.11 | 0.09 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.19 | 0.95 | 0.46 | 0.90 | 0.10 |
Currency in USD