DR Horton Inc (DHI)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 36,104,300 | 32,582,400 | 30,351,100 | 24,015,900 | 18,912,300 |
| Operating ROA | 15.99% | 18.30% | 24.49% | 21.85% | 14.94% |
September 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $5,771,900K ÷ $36,104,300K
= 15.99%
DR Horton Inc's operating return on assets (operating ROA) has fluctuated over the past five years. The trend indicates a peak in 2022 at 24.49%, followed by a decline in 2023 to 18.30%, and a further decrease in 2024 to 15.99%. The company's operating ROA remained relatively stable from 2020 to 2021 before experiencing more significant fluctuations in the subsequent years.
Overall, the variations in DR Horton Inc's operating ROA suggest potential changes in the company's efficiency in generating operating income from its assets. Further analysis is needed to understand the underlying factors contributing to these fluctuations and to assess the company's operational performance in the context of industry trends and economic conditions.
Peer comparison
Sep 30, 2024