DR Horton Inc (DHI)

Return on assets (ROA)

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
Total assets US$ in thousands 36,104,300 35,151,400 34,398,200 33,381,600 32,582,400 32,323,100 31,170,800 30,264,500 30,351,100 28,869,900 26,685,300 24,999,400 24,015,900 21,793,500 21,083,800 19,780,400 18,912,300 17,973,900 17,130,000 16,322,900
ROA 13.17% 14.18% 14.43% 14.18% 14.57% 15.06% 16.62% 18.75% 19.30% 19.28% 18.86% 18.10% 17.39% 16.82% 15.09% 13.82% 12.55% 11.41% 11.06% 10.80%

September 30, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $4,756,500K ÷ $36,104,300K
= 13.17%

DR Horton Inc's Return on Assets (ROA) has shown a generally upward trend over the past few years, indicating improved efficiency in generating profits from its assets. The ROA started at 10.80% in December 2019 and increased steadily to reach a peak of 19.30% in September 2022. However, there has been a slight decline in ROA since then, with the latest reported ROA at 13.17% in September 2024.

The fluctuation in ROA could be attributed to various factors such as changes in the company's asset base, profitability, or operating efficiency. It is essential for investors and analysts to closely monitor ROA trends to assess the company's ability to generate profits relative to its asset base. Overall, DR Horton Inc's ROA suggests a reasonably efficient use of assets to generate profits, although the recent decline indicates a need for further analysis to understand the underlying drivers of the trend.


Peer comparison

Sep 30, 2024