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

Horton D R brought in $34.3B of revenue in fiscal 2025, Nvr $10.3B in fiscal 2025. Revenue changed by -6.9% at Horton D R and -1.9% at Nvr on the year before, so Nvr grew faster. Horton D R kept 10.5% of its revenue as net profit, Nvr 13.0%. Free cash flow was $3.3B at Horton D R and $1.1B at Nvr.

Side by side, latest fiscal year

DHINVR
Fiscal year endedFY2025 (September 30, 2025)FY2025 (December 31, 2025)
Revenue$34.3B$10.3B
Revenue growth-6.9%-1.9%
Net income$3.6B$1.3B
Net margin10.5%13.0%
Free cash flow$3.3B$1.1B
Free cash flow margin9.6%10.6%
Earnings per share (diluted)$11.57$436.55
Cash$3B$2B
Debtn/an/a
Price to earnings12.214.4
Market value$39.6B$16.8B
Dividend yield1.13%n/a
Rank by revenue in sector#29 of 778 · Consumer discretionary#120 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: $34.3BNVR FY2018: $7.2BNVR FY2019: $7.4BNVR FY2020: $7.5BNVR FY2021: $9BNVR FY2022: $10.5BNVR FY2023: $9.5BNVR FY2024: $10.5BNVR FY2025: $10.3BFY18FY19FY20FY21FY22FY23FY24FY25
DHI $34.3BNVR $10.3B
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: $3.6BNVR FY2018: $797.2MNVR FY2019: $878.5MNVR FY2020: $901.2MNVR FY2021: $1.2BNVR FY2022: $1.7BNVR FY2023: $1.6BNVR FY2024: $1.7BNVR FY2025: $1.3BFY18FY19FY20FY21FY22FY23FY24FY25
DHI $3.6BNVR $1.3B
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%NVR FY2018: 11.1%NVR FY2019: 11.9%NVR FY2020: 12.0%NVR FY2021: 13.8%NVR FY2022: 16.4%NVR FY2023: 16.7%NVR FY2024: 16.0%NVR FY2025: 13.0%FY18FY19FY20FY21FY22FY23FY24FY25
DHI 10.5%NVR 13.0%
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%NVR FY2019: +3.1%NVR FY2020: +2.0%NVR FY2021: +18.8%NVR FY2022: +17.6%NVR FY2023: -9.6%NVR FY2024: +10.6%NVR FY2025: -1.9%FY19FY20FY21FY22FY23FY24FY25
DHI -6.9%NVR -1.9%
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: $3.3BNVR FY2018: $703.5MNVR FY2019: $843.8MNVR FY2020: $909.2MNVR FY2021: $1.2BNVR FY2022: $1.9BNVR FY2023: $1.5BNVR FY2024: $1.3BNVR FY2025: $1.1BFY18FY19FY20FY21FY22FY23FY24FY25
DHI $3.3BNVR $1.1B

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

Questions about Horton D R and Nvr

Which is bigger by revenue, Horton D R or Nvr?

Horton D R is bigger by revenue: $34.3B in fiscal 2025, against $10.3B for Nvr in fiscal 2025.

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

Horton D R had a net margin of 10.5% in fiscal 2025; Nvr had 13.0% in fiscal 2025.

Which grew revenue faster, Horton D R or Nvr?

In their latest fiscal years revenue changed by -6.9% at Horton D R and -1.9% at Nvr.

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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