Who is Dr Horton?

Analyst Report: D.R. Horton, Inc. D.R. Horton is a leading homebuilder in the United States with operations in 118 markets across 33 states. D.R. Horton mainly builds single-family detached homes (over 90% of home sales revenue) and offers products to entry-level, move-up, luxury buyers, and active adults.

Should you buy Dr Horton (Dhi)?

Doing so points me to D.R. Horton (DHI), which has the largest share of the U.S. homebuilding market and superior profitability to peers and is this week’s long idea. I made D.R. Horton a long idea in April 2020 based on its long history of profit growth and industry leading profitability. Since then, the stock is up 112% vs. 38% for the S&P 500.

Is Dr Horton the largest homebuilder in the United States?

Operationally, D.R. Horton maintained its leading position in the U.S. homebuilding sector, marking its 22nd consecutive year as the largest homebuilder in the nation. The company closed a record number of 89,092 homes in fiscal 2023.

What is Dr Horton's market share?

Per Figure 2, D.R. Horton has a history of growing market share, which is up from 5% in 2012 to over 8% in 2020. With an 8% share of the U.S. new home market, D.R. Horton is the largest homebuilder. The middle segment (prices from $200k to $500k) of the housing market is by far the largest and accounts for 75% of all homes sold.