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D.R. Horton (BSP:D1HI34) Cyclically Adjusted Price-to-FCF : 34.76 (As of May. 19, 2025)


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What is D.R. Horton Cyclically Adjusted Price-to-FCF?

As of today (2025-05-19), D.R. Horton's current share price is R$712.60. D.R. Horton's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was R$20.50. D.R. Horton's Cyclically Adjusted Price-to-FCF for today is 34.76.

The historical rank and industry rank for D.R. Horton's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:D1HI34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.5   Med: 69.29   Max: 1303.5
Current: 36.12

During the past years, D.R. Horton's highest Cyclically Adjusted Price-to-FCF was 1303.50. The lowest was 18.50. And the median was 69.29.

BSP:D1HI34's Cyclically Adjusted Price-to-FCF is ranked worse than
85.11% of 47 companies
in the Homebuilding & Construction industry
Industry Median: 13.39 vs BSP:D1HI34: 36.12

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

D.R. Horton's adjusted free cash flow per share data for the three months ended in Mar. 2025 was R$-8.628. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$20.50 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


D.R. Horton Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for D.R. Horton's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

D.R. Horton Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 259.70 223.12 105.15 45.49 57.56

D.R. Horton Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF 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 70.25 52.87 57.56 39.23 36.52

Competitive Comparison of D.R. Horton's Cyclically Adjusted Price-to-FCF

For the Residential Construction subindustry, D.R. Horton's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Distribution in the Homebuilding & Construction Industry

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

* The bar in red indicates where D.R. Horton's Cyclically Adjusted Price-to-FCF falls into.


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D.R. Horton Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

D.R. Horton's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=712.60/20.50
=34.76

* 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.

D.R. Horton's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, D.R. Horton's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-8.628/134.9266*134.9266
=-8.628

Current CPI (Mar. 2025) = 134.9266.

D.R. Horton Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 2.841 100.684 3.807
201509 5.246 100.392 7.051
201512 -0.224 99.792 -0.303
201603 0.080 100.470 0.107
201606 0.336 101.688 0.446
201609 4.505 101.861 5.967
201612 -0.448 101.863 -0.593
201703 -1.179 102.862 -1.547
201706 -0.834 103.349 -1.089
201709 4.715 104.136 6.109
201712 -0.861 104.011 -1.117
201803 -0.325 105.290 -0.416
201806 3.844 106.317 4.878
201809 1.657 106.507 2.099
201812 -4.135 105.998 -5.264
201903 -1.577 107.251 -1.984
201906 4.899 108.070 6.116
201909 8.227 108.329 10.247
201912 -2.143 108.420 -2.667
202003 -4.762 108.902 -5.900
202006 13.041 108.767 16.177
202009 11.196 109.815 13.756
202012 -4.931 109.897 -6.054
202103 -0.072 111.754 -0.087
202106 1.449 114.631 1.706
202109 7.606 115.734 8.867
202112 -3.219 117.630 -3.692
202203 -9.806 121.301 -10.907
202206 3.378 125.017 3.646
202209 16.260 125.227 17.520
202212 11.818 125.222 12.734
202303 9.254 127.348 9.805
202306 10.754 128.729 11.272
202309 29.168 129.860 30.306
202312 -2.934 129.419 -3.059
202403 -5.086 131.776 -5.208
202406 10.382 132.554 10.568
202409 32.638 133.029 33.104
202412 11.953 133.157 12.112
202503 -8.628 134.927 -8.628

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


D.R. Horton  (BSP:D1HI34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


D.R. Horton Cyclically Adjusted Price-to-FCF Related Terms

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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 126 markets across 36 states. D.R. Horton mainly builds single-family detached homes (87% 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.

D.R. Horton Headlines

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