DHI vs TMHC
Horton D R Inc. and Taylor Morrison Home Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | DHI | TMHC |
|---|---|---|
| Revenue | $34.3B | $8.1B |
| Net income | $3.6B | $782.5M |
| Gross margin | 23.7% | 23.0% |
| Net margin | 10.6% | 9.7% |
| Return on equity | 14.5% | 12.9% |
| Diluted EPS | $11.57 | $7.77 |
| Dividend / share | $1.60 | · |
| Payout ratio | 13.8% | · |
| Free cash flow | $3.3B | $777.0M |
| Equity | $24.2B | $6.3B |
| Net debt / equity | 0.12× | 0.23× |
| Current ratio | · | · |
| Revenue CAGR 5y | 11.0% | 5.8% |
| Profit CAGR 5y | 8.6% | 26.3% |
DHI bills 4.2× the revenue of TMHC, and keeps more of each dollar of revenue as profit (10.6% against 9.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | DHI | TMHC |
|---|---|---|
| FY2025 | $34.3B | $8.1B |
| FY2024 | $36.8B | $8.2B |
| FY2023 | $35.5B | $7.4B |
| FY2022 | $33.5B | $8.2B |
| FY2021 | $27.8B | $7.5B |
| FY2020 | $20.3B | $6.1B |
| FY2019 | $17.6B | $4.8B |
| FY2018 | $16.1B | $4.2B |
| FY2017 | $14.1B | $3.9B |
| FY2016 | $12.2B | $3.6B |
Bottom line
| Fiscal year | DHI | TMHC |
|---|---|---|
| FY2025 | $3.6B | $782.5M |
| FY2024 | $4.8B | $883.3M |
| FY2023 | $4.7B | $768.9M |
| FY2022 | $5.9B | $1.1B |
| FY2021 | $4.2B | $663.0M |
| FY2020 | $2.4B | $243.4M |
| FY2019 | $1.6B | $254.7M |
| FY2018 | $1.5B | $206.4M |
| FY2017 | $1.0B | $91.2M |
| FY2016 | $886.3M | $52.6M |
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$26,128,920,000 | DHI |
| FY2024 | +$28,633,264,000 | DHI |
| FY2023 | +$28,042,569,000 | DHI |
| FY2022 | +$25,255,083,000 | DHI |
| FY2021 | +$20,272,935,000 | DHI |
| FY2020 | +$14,181,780,000 | DHI |
| FY2019 | +$12,830,841,000 | DHI |
| FY2018 | +$11,840,607,000 | DHI |
| FY2017 | +$10,205,710,000 | DHI |
| FY2016 | +$8,607,371,000 | DHI |
| FY2015 | +$7,847,180,000 | DHI |
| FY2014 | +$5,316,468,000 | DHI |
| FY2013 | +$4,343,219,000 | DHI |
| FY2012 | +$3,312,818,000 | DHI |
DHI has reported the higher revenue in every one of these 14 fiscal years. The gap has widened since the earliest year compared.
14 of 17 comparable fiscal years — a year missing data on either side is not counted.
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +0.8 pp | DHI |
| FY2024 | +2.2 pp | DHI |
| FY2023 | +3.1 pp | DHI |
| FY2022 | +4.8 pp | DHI |
| FY2021 | +6.0 pp | DHI |
| FY2020 | +7.6 pp | DHI |
| FY2019 | +3.8 pp | DHI |
| FY2018 | +4.1 pp | DHI |
| FY2017 | +2.8 pp | DHI |
| FY2016 | +1.5 pp | DHI |
| FY2015 | −0.8 pp | TMHC |
| FY2014 | −3.2 pp | TMHC |
| FY2013 | +2.4 pp | DHI |
| FY2012 | −19.4 pp | TMHC |
The higher net margin has changed hands between DHI and TMHC over this period.
14 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TMHC's net margin has been more volatile than DHI's over the 14 comparable fiscal years — 9.1 percentage points of standard deviation against 4.4.
14 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between DHI and TMHC over these 14 fiscal years — DHI led in 11 and TMHC in 3.
14 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TMHC's return on equity has been more volatile than DHI's over the 14 comparable fiscal years — 10.0 percentage points of standard deviation against 7.3.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between DHI and TMHC over these 14 fiscal years — DHI led in 12 and TMHC in 2.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.