DR Horton Inc (DHI)
Net profit margin
Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
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Net income (ttm) | US$ in thousands | 4,756,500 | 4,982,800 | 4,964,300 | 4,734,400 | 4,745,700 | 4,867,800 | 5,180,500 | 5,674,600 | 5,857,500 | 5,564,700 | 5,032,400 | 4,525,600 | 4,175,800 | 3,665,800 | 3,181,000 | 2,734,200 | 2,373,700 | 2,050,000 | 1,894,100 | 1,762,700 |
Revenue (ttm) | US$ in thousands | 36,801,500 | 37,302,900 | 37,062,800 | 35,928,500 | 35,460,300 | 34,595,700 | 33,658,200 | 33,684,300 | 33,479,900 | 31,949,800 | 30,446,300 | 28,894,200 | 27,774,200 | 26,065,300 | 24,170,700 | 22,223,800 | 20,311,100 | 18,949,600 | 18,465,900 | 18,094,600 |
Net profit margin | 12.92% | 13.36% | 13.39% | 13.18% | 13.38% | 14.07% | 15.39% | 16.85% | 17.50% | 17.42% | 16.53% | 15.66% | 15.03% | 14.06% | 13.16% | 12.30% | 11.69% | 10.82% | 10.26% | 9.74% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,756,500K ÷ $36,801,500K
= 12.92%
The net profit margin of DR Horton Inc has shown a fluctuating trend over the past 20 quarters, ranging from a low of 9.74% in March 2020 to a high of 17.50% in September 2022. The net profit margin indicates the company's profitability after all expenses have been deducted from revenues, and it shows the percentage of revenue that translates into profit.
The company's net profit margin has generally been in double digits, reflecting a healthy level of profitability. The margin peaked at 17.50% in September 2022, indicating efficient cost management and strong revenue generation. However, there have been periods of decline, such as a drop to 9.74% in March 2020, likely due to higher expenses or lower revenues relative to costs.
Overall, the company has maintained a relatively stable net profit margin above 10% in recent quarters, suggesting consistent profitability. However, investors and analysts may want to investigate the factors behind the fluctuations in the net profit margin to assess the company's financial performance and sustainability.
Peer comparison
Sep 30, 2024