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Horton D R vs Pultegroup: DHI and PHM compared
Horton D R is the larger company: $9.4B of revenue in its latest quarter (Q4 FY26) against $4.0B for Pultegroup (Q3 2026). Horton D R is growing faster (-3% against -10% a year earlier). Pultegroup is more profitable, with an operating margin of 15.7% against 10.8%.
Where the money goes: DHI and PHM
Horton D R (DHI) · Q4 FY26
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.
Pultegroup (PHM) · Q3 2026
Pultegroup, Q3 2026: revenue $4.0B (-10% year over year), operating margin 15.7%, net earnings $476M, operating cash flow $460M. The chart follows the revenue to costs, profit and cash.
| Horton D R (DHI) | Pultegroup (PHM) | |
|---|---|---|
| Latest quarter | Q4 FY26 | Q3 2026 |
| Revenue | $9.4B | $4.0B |
| Revenue growth, Y/Y | -3% | -10% |
| Operating margin | 10.8% | 15.7% |
| Net earnings | $742M | $476M |
| Net margin | 7.9% | 12.0% |
| Operating cash flow | $2.6B | $460M |
| Free cash flow | $2.6B | $437M |
| Market value | $43.1B | $25.4B |
| P/E | 13.9× | 14.4× |
| Analysts’ mean target | $146.50 | $132.41 |
Questions
Which is bigger, Horton D R or Pultegroup?
Horton D R is the larger company: $9.4B of revenue in its latest quarter (Q4 FY26) against $4.0B for Pultegroup (Q3 2026).
Is Horton D R or Pultegroup growing faster?
Horton D R is growing faster (-3% against -10% a year earlier).
Which is more profitable, Horton D R or Pultegroup?
Pultegroup is more profitable, with an operating margin of 15.7% against 10.8%.
More: Horton D R earnings · how Horton D R makes money · Pultegroup earnings · how Pultegroup makes money
From the companies' latest 10-Q, 10-K or earnings release (8-K filed Oct 29, 2026; 10-Q filed Oct 22, 2026). Fiscal quarters can end on different dates. Not investment advice.