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Horton D R vs KB Home: revenue, profit, margins and growth compared

Horton D R brought in $34.3B of revenue in fiscal 2025, KB Home $6.2B in fiscal 2025. Revenue changed by -6.9% at Horton D R and -10.0% at KB Home on the year before, so Horton D R grew faster. Horton D R kept 10.5% of its revenue as net profit, KB Home 6.9%. Free cash flow was $3.3B at Horton D R and $287.3M at KB Home.

Side by side, latest fiscal year

DHIKBH
Fiscal year endedFY2025 (September 30, 2025)FY2025 (November 30, 2025)
Revenue$34.3B$6.2B
Revenue growth-6.9%-10.0%
Net income$3.6B$428.8M
Net margin10.5%6.9%
Free cash flow$3.3B$287.3M
Free cash flow margin9.6%4.6%
Earnings per share (diluted)$11.57$6.15
Cash$3B$230.4M
Debtn/an/a
Price to earnings12.27.8
Market value$39.6B$2.9B
Dividend yield1.13%2.08%
Rank by revenue in sector#29 of 778 · Consumer discretionary#173 of 778 · Consumer discretionary

Over the years

Revenue
DHI FY2018: $16.1BDHI FY2019: $17.6BDHI FY2020: $20.3BDHI FY2021: $27.8BDHI FY2022: $33.5BDHI FY2023: $35.5BDHI FY2024: $36.8BDHI FY2025: $34.3BKBH FY2018: $4.5BKBH FY2019: $4.6BKBH FY2020: $4.2BKBH FY2021: $5.7BKBH FY2022: $6.9BKBH FY2023: $6.4BKBH FY2024: $6.9BKBH FY2025: $6.2BFY18FY19FY20FY21FY22FY23FY24FY25
DHI $34.3BKBH $6.2B
Net income
DHI FY2018: $1.5BDHI FY2019: $1.6BDHI FY2020: $2.4BDHI FY2021: $4.2BDHI FY2022: $5.9BDHI FY2023: $4.7BDHI FY2024: $4.8BDHI FY2025: $3.6BKBH FY2018: $170.4MKBH FY2019: $268.8MKBH FY2020: $296.2MKBH FY2021: $564.7MKBH FY2022: $816.7MKBH FY2023: $590.2MKBH FY2024: $655MKBH FY2025: $428.8MFY18FY19FY20FY21FY22FY23FY24FY25
DHI $3.6BKBH $428.8M
Net margin
DHI FY2018: 9.1%DHI FY2019: 9.2%DHI FY2020: 11.7%DHI FY2021: 15.0%DHI FY2022: 17.5%DHI FY2023: 13.4%DHI FY2024: 12.9%DHI FY2025: 10.5%KBH FY2018: 3.7%KBH FY2019: 5.9%KBH FY2020: 7.1%KBH FY2021: 9.9%KBH FY2022: 11.8%KBH FY2023: 9.2%KBH FY2024: 9.5%KBH FY2025: 6.9%FY18FY19FY20FY21FY22FY23FY24FY25
DHI 10.5%KBH 6.9%
Revenue growth
DHI FY2019: +9.5%DHI FY2020: +15.5%DHI FY2021: +36.7%DHI FY2022: +20.5%DHI FY2023: +5.9%DHI FY2024: +3.8%DHI FY2025: -6.9%KBH FY2019: +0.1%KBH FY2020: -8.1%KBH FY2021: +36.9%KBH FY2022: +20.6%KBH FY2023: -7.1%KBH FY2024: +8.1%KBH FY2025: -10.0%FY19FY20FY21FY22FY23FY24FY25
DHI -6.9%KBH -10.0%
Free cash flow
DHI FY2018: $477.1MDHI FY2019: $764.9MDHI FY2020: $1.3BDHI FY2021: $440.9MDHI FY2022: $413.6MDHI FY2023: $4.2BDHI FY2024: $2BDHI FY2025: $3.3BKBH FY2018: $214.1MKBH FY2019: $210.6MKBH FY2020: $281.8MKBH FY2021: -$76.7MKBH FY2022: $138.2MKBH FY2023: $1BKBH FY2024: $323.4MKBH FY2025: $287.3MFY18FY19FY20FY21FY22FY23FY24FY25
DHI $3.3BKBH $287.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Horton D R and KB Home

Which is bigger by revenue, Horton D R or KB Home?

Horton D R is bigger by revenue: $34.3B in fiscal 2025, against $6.2B for KB Home in fiscal 2025.

Which keeps more of its revenue as profit, Horton D R or KB Home?

Horton D R had a net margin of 10.5% in fiscal 2025; KB Home had 6.9% in fiscal 2025.

Which grew revenue faster, Horton D R or KB Home?

In their latest fiscal years revenue changed by -6.9% at Horton D R and -10.0% at KB Home.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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