DR Horton Inc (DHI)
Operating profit margin
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 5,771,900 | 5,961,900 | 7,432,400 | 5,246,400 | 2,825,700 |
Revenue | US$ in thousands | 36,801,400 | 35,460,400 | 33,480,000 | 27,774,200 | 20,311,100 |
Operating profit margin | 15.68% | 16.81% | 22.20% | 18.89% | 13.91% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $5,771,900K ÷ $36,801,400K
= 15.68%
DR Horton Inc's operating profit margin has shown variability over the past five years. The trend indicates a decline in operating profit margin from 22.20% in 2022 to 15.68% in 2024. However, it is important to note that despite this decline, the operating profit margin remains above the levels observed in 2020 and 2021. This suggests that the company may have experienced changes in its cost structure or revenue generation strategies over the years. Further analysis and comparison with industry benchmarks would be helpful in fully assessing the company's operating performance.
Peer comparison
Sep 30, 2024