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D.R. Horton (D.R. Horton) Cyclically Adjusted Revenue per Share : $65.63 (As of Mar. 2024)


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What is D.R. Horton Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

D.R. Horton's adjusted revenue per share for the three months ended in Mar. 2024 was $27.324. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $65.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, D.R. Horton's average Cyclically Adjusted Revenue Growth Rate was 16.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 24.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 21.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of D.R. Horton was 24.10% per year. The lowest was -7.30% per year. And the median was 6.30% per year.

As of today (2024-04-27), D.R. Horton's current stock price is $145.33. D.R. Horton's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $65.63. D.R. Horton's Cyclically Adjusted PS Ratio of today is 2.21.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of D.R. Horton was 2.90. The lowest was 0.63. And the median was 1.64.


D.R. Horton Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for D.R. Horton's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

D.R. Horton Cyclically Adjusted Revenue per Share Chart

D.R. Horton Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.13 32.44 40.55 51.88 62.02

D.R. Horton Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.23 59.08 62.02 63.51 65.63

Competitive Comparison of D.R. Horton's Cyclically Adjusted Revenue per Share

For the Residential Construction subindustry, D.R. Horton's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


D.R. Horton's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, D.R. Horton's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where D.R. Horton's Cyclically Adjusted PS Ratio falls into.



D.R. Horton Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, D.R. Horton's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=27.324/129.4194*129.4194
=27.324

Current CPI (Mar. 2024) = 129.4194.

D.R. Horton Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.837 100.560 7.512
201409 6.722 100.428 8.663
201412 6.255 99.070 8.171
201503 6.492 99.621 8.434
201506 7.969 100.684 10.243
201509 8.544 100.392 11.014
201512 6.470 99.792 8.391
201603 7.407 100.470 9.541
201606 8.598 101.688 10.943
201609 9.918 101.861 12.601
201612 7.695 101.863 9.777
201703 8.581 102.862 10.796
201706 9.954 103.349 12.465
201709 10.942 104.136 13.599
201712 8.683 104.011 10.804
201803 9.885 105.290 12.150
201806 11.568 106.317 14.082
201809 11.769 106.507 14.301
201812 9.258 105.998 11.304
201903 10.931 107.251 13.190
201906 13.018 108.070 15.590
201909 13.437 108.329 16.053
201912 10.768 108.420 12.854
202003 12.159 108.902 14.450
202006 14.659 108.767 17.442
202009 17.317 109.815 20.408
202012 16.036 109.897 18.885
202103 17.557 111.754 20.332
202106 20.013 114.631 22.595
202109 22.408 115.734 25.058
202112 19.587 117.630 21.550
202203 22.450 121.301 23.953
202206 24.888 125.017 25.764
202209 27.565 125.227 28.488
202212 20.922 125.222 21.623
202303 23.117 127.348 23.493
202306 28.413 128.729 28.565
202309 30.976 129.860 30.871
202312 23.015 129.419 23.015
202403 27.324 129.419 27.324

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


D.R. Horton  (NYSE:DHI) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

D.R. Horton's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=145.33/65.63
=2.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of D.R. Horton was 2.90. The lowest was 0.63. And the median was 1.64.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


D.R. Horton Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of D.R. Horton's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


D.R. Horton (D.R. Horton) Business Description

Traded in Other Exchanges
Address
1341 Horton Circle, Arlington, TX, USA, 76011
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. The company offers homebuyers mortgage financing and title agency services through its financial services segment. D.R. Horton's headquarters are in Arlington, Texas, and it manages six regional segments across the United States.
Executives
Aron M. Odom officer: VP, Controller and PAO 1341 HORTON CIRCLE, ARLINGTON TX 76011
Bradley S Anderson director 1361 HORTON CIRCLE, ARLINGTON TX 76011
Barbara K Allen director 1361 HORTON CIRCLE, ARLINGTON TX 76011
Michael R Buchanan director 1341 HORTON CIRCLE, ARLINGTON TX 76011
Bill W Wheat director, officer: EVP and CFO 1361 HORTON CIRCLE, ARLINGTON TX 76011
Paul J Romanowski officer: EVP and COO 1341 HORTON CIRCLE, ARLINGTON TX 76011
Michael J Murray officer: EVP and COO 1361 HORTON CIRCLE, ARLINGTON TX 76011
Michael W Hewatt director 1361 HORTON CIRCLE, ARLINGTON TX 76011
David V Auld officer: EVP and COO 1361 HORTON CIRCLE, ARLINGTON TX 76011
Benjamin Sr Carson director PO BOX 3599, BATTLE CREEK MI 49016-3599
Maribess L Miller director 2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 75204
Donald R Horton director, officer: Chairman 1361 HORTON CIRCLE, ARLINGTON TX 76011
Donald J Tomnitz director, officer: President and CEO 2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Stacey Dwyer officer: EVP and Treasurer 301 COMMERCE STREET, SUITE 500, FORT WORTH TX 76102
Bobby G Scott director 301 COMMERCE STREET, SUITE 500, FORT WORTH TX 76102