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.