Question 1

What is D.R. Horton's P/E ratio?

Accepted Answer

D.R. Horton (DHI) P/E ratio is 13.3× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for D.R. Horton?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For D.R. Horton specifically, the relevant sector benchmark is the current sector median of 21.9×.

Question 5

Is D.R. Horton's P/E ratio high or low?

Accepted Answer

D.R. Horton's P/E ratio of 13.3× is above its own 5-year average of 8.9× and below the sector median of 21.9×. That places the current reading at the 96th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is D.R. Horton's historical P/E ratio range?

Accepted Answer

In the available daily series, D.R. Horton (DHI) P/E ratio has ranged from a low of 4.3× in 2022 to a high of 142.2× in 2010. The 5-year average is 8.9× and the 5-year median is 8.9×.

Question 7

What was D.R. Horton's P/E ratio in 2025?

Accepted Answer

D.R. Horton (DHI) P/E ratio at the end of 2025 was 14.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does D.R. Horton's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$50.20B	$3.59B	14.0×	+1.0×	Sep 30, 2025
2024	$62.04B	$4.76B	13.0×	+5.4×	Sep 30, 2024
2023	$36.17B	$4.75B	7.6×	+3.6×	Sep 30, 2023
2022	$23.36B	$5.86B	4.0×	-3.2×	Sep 30, 2022
2021	$30.05B	$4.18B	7.2×	-4.4×	Sep 30, 2021
2020	$27.54B	$2.37B	11.6×	-0.4×	Sep 30, 2020
2019	$19.49B	$1.62B	12.0×	+1.1×	Sep 30, 2019
2018	$15.90B	$1.46B	10.9×	-3.5×	Sep 30, 2018
2017	$14.96B	$1.04B	14.4×	+1.7×	Sep 30, 2017
2016	$11.26B	$886.20M	12.7×	-1.7×	Sep 30, 2016
2015	$10.80B	$750.70M	14.4×	+0.4×	Sep 30, 2015
2014	$7.48B	$533.60M	14.0×	+0.5×	Sep 30, 2014
2013	$6.27B	$462.80M	13.6×	+6.6×	Sep 30, 2013
2012	$6.62B	$956.20M	6.9×	-32.9×	Sep 30, 2012
2011	$2.86B	$71.80M	39.8×	+25.3×	Sep 30, 2011
2010	$3.54B	$245.10M	14.4×	—	Sep 30, 2010
2009	$3.62B	−$545.40M	—	—	Sep 30, 2009
2008	$4.08B	−$2.63B	—	—	Sep 30, 2008
2007	$4.23B	−$712.60M	—	—	Sep 30, 2007
2006	$7.51B	$1.23B	6.1×	-1.6×	Sep 30, 2006
2005	$11.33B	$1.47B	7.7×	-0.2×	Sep 30, 2005
2004	$7.70B	$975.10M	7.9×	-4.2×	Sep 30, 2004
2003	$7.60B	$625.96M	12.1×	+5.4×	Sep 30, 2003
2002	$2.73B	$404.69M	6.7×	—	Sep 30, 2002


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P/E Ratio for D.R. Horton (DHI)

P/E Ratio daily chart for D.R. Horton (DHI)

Historical P/E Ratio for D.R. Horton (DHI) from 2002 to 2025

About P/E Ratio at D.R. Horton (DHI)

D.R. Horton P/E Ratio by Year

D.R. Horton P/E Ratio 2025: 14.0×

D.R. Horton P/E Ratio 2024: 13.0×

D.R. Horton P/E Ratio 2023: 7.6×

D.R. Horton P/E Ratio 2022: 4.0×

D.R. Horton P/E Ratio 2021: 7.2×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

D.R. Horton (DHI) Key Financials

P/E Ratio daily chart for D.R. Horton (DHI)

Historical P/E Ratio for D.R. Horton (DHI) from 2002 to 2025

About P/E Ratio at D.R. Horton (DHI)

D.R. Horton P/E Ratio by Year

D.R. Horton P/E Ratio 2025: 14.0×

D.R. Horton P/E Ratio 2024: 13.0×

D.R. Horton P/E Ratio 2023: 7.6×

D.R. Horton P/E Ratio 2022: 4.0×

D.R. Horton P/E Ratio 2021: 7.2×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is D.R. Horton's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for D.R. Horton?

+Is D.R. Horton's P/E ratio high or low?

+What is D.R. Horton's historical P/E ratio range?

+What was D.R. Horton's P/E ratio in 2025?

+Why does D.R. Horton's P/E ratio change over time?

D.R. Horton (DHI) Key Financials