Filing Flows › Horton D R (DHI) › Operating margin
Horton D R (DHI) operating margin by quarter
Horton D R's operating margin was 10.8% in Q4 FY26 (fourth quarter fiscal 2026), -2.5 pts from Q3 FY26. Over the last 7 quarters it ranged from 10.8% (Q4 FY26) to 14.7% (Q3 FY25).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q4 FY26 | 10.8% | -2.5 pts | -1.6 pts |
| Q3 FY26 | 13.3% | +1.8 pts | -1.4 pts |
| Q2 FY26 | 11.5% | -0.1 pts | -2.3 pts |
| Q1 FY26 | 11.6% | -0.9 pts | — |
| Q4 FY25 | 12.4% | -2.3 pts | — |
| Q3 FY25 | 14.7% | +0.9 pts | — |
| Q2 FY25 | 13.8% | — | — |
Q4 FY26 at a glance
Horton D R, Q4 FY26: revenue $9.4B (-3% year over year), operating margin 10.8%, net earnings $742M, operating cash flow $2.6B. The chart follows the revenue to costs, profit and cash.
Questions
What is Horton D R's operating margin?
Horton D R's operating margin was 10.8% in Q4 FY26 (fourth quarter fiscal 2026), -2.5 pts from Q3 FY26.
How has Horton D R's operating margin changed?
Over the last 7 quarters it ranged from 10.8% (Q4 FY26) to 14.7% (Q3 FY25).