DR Horton Inc (DHI)
Return on total capital
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 4,739,900 | 5,244,800 | 5,685,700 | 6,147,100 | 6,284,700 | 6,593,300 | 6,578,200 | 6,295,000 | 6,314,700 | 6,362,300 | 6,761,700 | 7,399,700 | 7,629,800 | 7,290,500 | 6,522,800 | 5,819,400 | 5,356,400 | 4,685,900 | 4,052,700 | 3,494,100 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 24,190,400 | 24,052,900 | 24,327,100 | 24,943,900 | 25,312,800 | 24,656,500 | 23,815,500 | 23,153,400 | 22,696,200 | 21,656,400 | 20,712,700 | 20,153,300 | 19,396,300 | 18,062,500 | 16,774,900 | 15,677,700 | 14,886,500 | 13,802,900 | 12,963,100 | 12,485,200 |
| Return on total capital | 19.59% | 21.81% | 23.37% | 24.64% | 24.83% | 26.74% | 27.62% | 27.19% | 27.82% | 29.38% | 32.65% | 36.72% | 39.34% | 40.36% | 38.88% | 37.12% | 35.98% | 33.95% | 31.26% | 27.99% |
September 30, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $4,739,900K ÷ ($—K + $24,190,400K)
= 19.59%