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
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