Horton D R
Horton D R returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
Reported borrowing balances are unavailable in the extracted statements for this period.
ROCE
% · Annual / TTM
Operating income is unavailable in the extracted statements for this period.
ROIIC
% · Annual / TTM
Reported borrowing balances are unavailable in the extracted statements for this period.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Reported borrowing balances are unavailable in the extracted statements for this period.
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q3 | Jun 30, 2026 | — | — | — | 12.75% | 8.37% | — |
| FY 2026 Q2 | Mar 31, 2026 | — | — | — | 13.23% | 8.9% | — |
| FY 2026 Q1 | Dec 31, 2025 | — | — | — | 13.63% | 9.57% | — |
| FY 2025 Q4 | Sep 30, 2025 | — | — | — | 14.48% | 10.02% | — |
| FY 2025 Q3 | Jun 30, 2025 | — | — | — | 16.27% | 11.08% | — |
| FY 2025 Q2 | Mar 31, 2025 | — | — | — | 17.83% | 12.25% | — |
| FY 2025 Q1 | Dec 31, 2024 | — | — | — | 19.35% | 13.61% | — |
| FY 2024 Q4 | Sep 30, 2024 | — | — | — | 19.81% | 13.85% | — |
| FY 2024 Q3 | Jun 30, 2024 | — | — | — | 21.52% | 14.77% | — |
| FY 2024 Q2 | Mar 31, 2024 | — | — | — | 22.3% | 15.14% | — |
| FY 2024 Q1 | Dec 31, 2023 | — | — | — | 21.86% | 14.88% | — |
| FY 2023 Q4 | Sep 30, 2023 | — | — | — | 22.55% | 15.08% | — |
| FY 2023 Q3 | Jun 30, 2023 | — | — | — | 24.51% | 15.91% | — |
| FY 2023 Q2 | Mar 31, 2023 | — | — | — | 27.64% | 17.91% | — |
| FY 2023 Q1 | Dec 31, 2022 | — | — | — | 31.67% | 20.54% | — |
| FY 2022 Q4 | Sep 30, 2022 | — | — | — | 34.17% | 21.55% | — |
| FY 2022 Q3 | Jun 30, 2022 | — | — | — | 34.93% | 21.97% | — |
| FY 2022 Q2 | Mar 31, 2022 | — | — | — | 33.84% | 21.07% | — |
| FY 2022 Q1 | Dec 31, 2021 | — | — | — | 32.14% | 20.21% | — |
| FY 2021 Q4 | Sep 30, 2021 | — | — | — | 31.25% | 19.45% | — |
| FY 2021 Q3 | Jun 30, 2021 | — | — | — | 29.5% | 18.44% | — |
| FY 2021 Q2 | Mar 31, 2021 | — | — | — | 27.16% | 16.65% | — |
| FY 2021 Q1 | Dec 31, 2020 | — | — | — | 24.08% | 15.15% | — |
| FY 2020 Q4 | Sep 30, 2020 | — | — | — | 21.72% | 13.75% | — |
| FY 2020 Q3 | Jun 30, 2020 | — | — | — | 19.82% | 12.35% | — |
| FY 2020 Q2 | Mar 31, 2020 | — | — | — | 19.11% | 11.79% | — |
| FY 2020 Q1 | Dec 31, 2019 | — | — | — | 18.22% | 11.42% | — |
| FY 2019 Q4 | Sep 30, 2019 | — | — | — | 17.03% | 10.89% | — |
| FY 2019 Q3 | Jun 30, 2019 | — | — | — | 17.32% | 10.96% | — |
| FY 2019 Q2 | Mar 31, 2019 | — | — | — | 17.75% | 11.04% | — |
| FY 2019 Q1 | Dec 31, 2018 | — | — | — | 18.32% | 11.33% | — |
| FY 2018 Q4 | Sep 30, 2018 | — | — | — | 17.46% | 11.11% | — |
| FY 2018 Q3 | Jun 30, 2018 | — | — | — | 16.31% | 10.23% | — |
| FY 2018 Q2 | Mar 31, 2018 | — | — | — | 14.82% | 9.09% | — |
| FY 2018 Q1 | Dec 31, 2017 | — | — | — | 13.73% | 8.28% | — |
| FY 2017 Q4 | Sep 30, 2017 | — | — | — | 14.28% | 8.75% | — |
| FY 2017 Q3 | Jun 30, 2017 | — | — | — | — | 8.65% | — |
| FY 2017 Q2 | Mar 31, 2017 | — | — | — | — | 8.35% | — |
| FY 2017 Q1 | Dec 31, 2016 | — | — | — | — | 8.17% | — |
| FY 2016 Q4 | Sep 30, 2016 | — | — | — | 13.97% | 7.81% | — |
| FY 2016 Q3 | Jun 30, 2016 | — | — | — | — | 7.58% | — |
| FY 2016 Q2 | Mar 31, 2016 | — | — | — | — | 7.39% | — |
| FY 2016 Q1 | Dec 31, 2015 | — | — | — | — | 7.12% | — |
| FY 2015 Q4 | Sep 30, 2015 | — | — | — | — | 7.03% | — |
| FY 2015 Q3 | Jun 30, 2015 | — | — | — | — | 6.59% | — |
| FY 2015 Q2 | Mar 31, 2015 | — | — | — | — | 5.67% | — |
| FY 2015 Q1 | Dec 31, 2014 | — | — | — | — | 5.74% | — |
| FY 2014 Q4 | Sep 30, 2014 | — | — | — | — | 5.6% | — |
| FY 2014 Q3 | Jun 30, 2014 | — | — | — | — | 5.63% | — |
| FY 2014 Q2 | Mar 31, 2014 | — | — | — | — | 6.13% | — |
| FY 2014 Q1 | Dec 31, 2013 | — | — | — | — | 6.39% | — |
| FY 2013 Q4 | Sep 30, 2013 | — | — | — | — | 5.75% | — |
| FY 2013 Q3 | Jun 30, 2013 | — | — | — | — | 5.67% | — |
| FY 2013 Q2 | Mar 31, 2013 | — | — | — | — | 15.53% | — |
| FY 2013 Q1 | Dec 31, 2012 | — | — | — | — | 15.65% | — |
| FY 2012 Q4 | Sep 30, 2012 | — | — | — | — | 15.17% | — |
| FY 2012 Q3 | Jun 30, 2012 | — | — | — | — | 14.67% | — |
| FY 2012 Q2 | Mar 31, 2012 | — | — | — | — | 2.39% | — |
| FY 2012 Q1 | Dec 31, 2011 | — | — | — | — | 2.16% | — |
| FY 2011 Q4 | Sep 30, 2011 | — | — | — | — | 1.27% | — |
| FY 2011 Q3 | Jun 30, 2011 | — | — | — | — | 0.46% | — |
| FY 2011 Q2 | Mar 31, 2011 | — | — | — | — | — | — |
| FY 2011 Q1 | Dec 31, 2010 | — | — | — | — | — | — |
| FY 2010 Q4 | Sep 30, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Jun 30, 2010 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · DHI, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.