DR Horton Inc (DHI)
Return on total capital
| Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 4,739,900 | 6,284,700 | 6,314,700 | 7,629,700 | 5,356,300 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 24,190,400 | 25,312,800 | 22,696,200 | 19,396,300 | 14,886,500 |
| Return on total capital | 19.59% | 24.83% | 27.82% | 39.34% | 35.98% |
September 30, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $4,739,900K ÷ ($—K + $24,190,400K)
= 19.59%