FinEdge Labs
D

DHI

DHIUnverified
6 segments tracked|7 years of data|Annual (10-K)
Total Revenue
$37.8B3.0%
FY2025
Operating Segments
6
Active segments
Blended Margin
16.6%
Operating margin
Highest Margin
35.3%
Financial Services
Segment Shift

Financial Services has grown from 2.5% to 2.3% of total revenue since FY2019, with 35.3% operating margins. Meanwhile, Home Building Ops is the fastest growing at +0.2% YoY.

Segment Revenue Over Time

Revenue Mix

Segment Breakdown — FY2025

SegmentRevenueOp. IncomeMargin% of TotalYoY
Home Building Ops$34.0B$5.5B16.1%89.8%+0.2%
Rental$1.7B$229M13.6%4.5%+0.0%
Forestar Group$1.5B$270M17.9%4.0%+0.0%
Financial Services$883M$311M35.3%2.3%+0.0%
Eliminations And Other$-209M$00.0%-0.6%+0.0%

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