DHI vs PHM
Horton D R Inc. and Pultegroup Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | DHI | PHM |
|---|---|---|
| Revenue | $34.3B | $17.3B |
| Net income | $3.6B | $2.2B |
| Gross margin | 23.7% | — |
| Net margin | 10.6% | 12.8% |
| Return on equity | 14.5% | 17.7% |
| Diluted EPS | $11.57 | $11.12 |
| Dividend / share | $1.60 | $0.92 |
| Payout ratio | 13.8% | 8.0% |
| Free cash flow | $3.3B | $1.7B |
| Equity | $24.2B | $13.0B |
| Net debt / equity | 0.12× | −0.15× |
| Current ratio | — | — |
| Revenue CAGR 5y | 11.0% | 9.4% |
| Profit CAGR 5y | 8.6% | 9.5% |
DHI bills 2.0× the revenue of PHM, and PHM keeps more of each dollar of revenue as profit (12.8% against 10.6%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.
Revenue by year
10 years side by side
| Fiscal year | DHI | PHM |
|---|---|---|
| FY2025 | $34.3B | $17.3B |
| FY2024 | $36.8B | $17.9B |
| FY2023 | $35.5B | $16.1B |
| FY2022 | $33.5B | $16.0B |
| FY2021 | $27.8B | $13.7B |
| FY2020 | $20.3B | $11.0B |
| FY2019 | $17.6B | $10.2B |
| FY2018 | $16.1B | $10.2B |
| FY2017 | $14.1B | $8.6B |
| FY2016 | $12.2B | $7.7B |
Net income by year
Bottom line
| Fiscal year | DHI | PHM |
|---|---|---|
| FY2025 | $3.6B | $2.2B |
| FY2024 | $4.8B | $3.1B |
| FY2023 | $4.7B | $2.6B |
| FY2022 | $5.9B | $2.6B |
| FY2021 | $4.2B | $1.9B |
| FY2020 | $2.4B | $1.4B |
| FY2019 | $1.6B | $1.0B |
| FY2018 | $1.5B | $1.0B |
| FY2017 | $1.0B | $447.2M |
| FY2016 | $886.3M | $602.7M |