DR Horton Inc (DHI)
Return on assets (ROA)
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 4,756,400 | 4,745,700 | 5,857,500 | 4,175,800 | 2,373,700 |
Total assets | US$ in thousands | 36,104,300 | 32,582,400 | 30,351,100 | 24,015,900 | 18,912,300 |
ROA | 13.17% | 14.57% | 19.30% | 17.39% | 12.55% |
September 30, 2024 calculation
ROA = Net income ÷ Total assets
= $4,756,400K ÷ $36,104,300K
= 13.17%
DR Horton Inc's return on assets (ROA) has shown fluctuations over the past five years. In 2024, the ROA decreased to 13.17% from 14.57% in 2023, indicating a decline in the company's efficiency in generating profits from its assets. Despite this decrease, the ROA remained relatively stable compared to previous years. In 2022, the ROA was at its highest at 19.30%, reflecting strong profitability in that year. The ROA was also favorable in 2021 at 17.39% and in 2020 at 12.55%. Overall, the company has generally maintained a healthy ROA, demonstrating its ability to efficiently utilize its assets to generate profits, although the recent decrease in 2024 should be monitored for any potential impact on the company's financial performance.
Peer comparison
Sep 30, 2024