DR Horton Inc (DHI)

Net profit margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Net income	US$ in thousands	4,756,400	4,745,700	5,857,500	4,175,800	2,373,700
Revenue	US$ in thousands	36,801,400	35,460,400	33,480,000	27,774,200	20,311,100
Net profit margin		12.92%	13.38%	17.50%	15.03%	11.69%

September 30, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $4,756,400K ÷ $36,801,400K
= 12.92%

DR Horton Inc's net profit margin has exhibited some fluctuations over the past five years. In the most recent fiscal year ending September 30, 2024, the net profit margin was 12.92%, showing a slight decrease from the previous year. This downward trend contrasts with the higher levels observed in the prior two years, where the company achieved net profit margins of 13.38% in 2023 and 17.50% in 2022. Despite the decrease in 2024, the current net profit margin remains relatively healthy when compared to the levels in 2020 and 2021, which were 11.69% and 15.03%, respectively. The fluctuation in DR Horton Inc's net profit margin indicates variability in the company's ability to generate profit relative to its revenue, reflecting changing market conditions or internal factors impacting profitability.