DHI vs PHM
D. R. Horton (DHI) and PulteGroup (PHM) compared side by side. D. R. Horton (DHI) is larger, with a market cap of $41.3B versus $23.1B for PulteGroup, about 1.8 times the size. On trailing earnings, PHM is cheaper at 12.9x versus 14.1x for DHI.
Head to head
| Metric | DHI | PHM |
|---|---|---|
| Market cap | $41.3B | $23.1B |
| P/E (TTM) | 14.1x | 12.9x |
| Forward P/E | 13.2x | 12.7x |
| Revenue (TTM) | $33.4B | $16.0B |
| Revenue growth | 0.0% | -9.8% |
| Gross margin | 21.3% | 25.3% |
| Operating margin | 13.0% | 16.0% |
| Free cash flow | $3.2B | $1.5B |
| Dividend yield | 1.22% | 0.86% |
| 1-year return | -5.9% | +1.1% |
| 5-year return (annual) | +11.9% | +20.6% |
| Max drawdown | -89% | -92% |
| FI Handbook grade | B- | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
DHI vs PHM FAQ
Which is bigger, DHI or PHM?
D. R. Horton (DHI) is larger, with a market cap of $41.3B versus $23.1B for PulteGroup, about 1.8 times the size.
Is DHI or PHM cheaper?
On trailing earnings, PHM is cheaper at 12.9x versus 14.1x for DHI. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, DHI or PHM?
PHM returned +1.1% over the past year including dividends, versus -5.9% for DHI, through October 23, 2026.
Which pays a higher dividend, DHI or PHM?
DHI yields 1.22% versus 0.86% for PHM.
Full pages: D. R. Horton · PulteGroup