DHI vs. KBH
DHI (D.R. Horton, Inc.) and KBH (KB Home) are both stocks. Both operate in the Residential Construction industry within the Consumer Cyclical sector. Over the past 10 years, DHI returned 18.23%/yr vs 15.29%/yr for KBH. A 0.66 correlation means they provide meaningful diversification when combined.
Performance
DHI vs. KBH - Performance Comparison
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Returns By Period
In the year-to-date period, DHI achieves a 3.30% return, which is significantly higher than KBH's -7.96% return. Over the past 10 years, DHI has outperformed KBH with an annualized return of 18.23%, while KBH has yielded a comparatively lower 15.29% annualized return.
DHI
- 1D
- 0.63%
- 1M
- -1.08%
- YTD
- 3.30%
- 6M
- -6.11%
- 1Y
- 28.01%
- 3Y*
- 10.82%
- 5Y*
- 11.26%
- 10Y*
- 18.23%
KBH
- 1D
- 0.67%
- 1M
- 0.53%
- YTD
- -7.96%
- 6M
- -19.20%
- 1Y
- 2.68%
- 3Y*
- 5.68%
- 5Y*
- 4.25%
- 10Y*
- 15.29%
DHI vs. KBH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DHI D.R. Horton, Inc. | 3.30% | 4.24% | -7.24% | 72.07% | -16.83% | 58.73% | 32.23% | 54.29% | -31.26% | 89.06% |
KBH KB Home | -7.96% | -12.72% | 6.64% | 99.04% | -27.48% | 35.29% | -0.86% | 82.31% | -39.98% | 103.05% |
Correlation
The correlation between DHI and KBH is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jun 8, 1992 | 0.66 |
Over the past year, DHI and KBH have become more correlated (0.87) than their long-term average of 0.66, meaning their price movements have been converging.
Fundamentals
DHI:
$43.07B
KBH:
$3.28B
DHI:
$10.76
KBH:
$5.38
DHI:
13.75
KBH:
9.56
DHI:
4.65
KBH:
1.87
DHI:
1.31
KBH:
0.57
DHI:
1.78
KBH:
0.72
DHI:
$33.35B
KBH:
$5.92B
DHI:
$4.31B
KBH:
$893.19M
DHI:
$4.29B
KBH:
$477.26M
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Return for Risk
DHI vs. KBH — Risk / Return Rank
DHI
KBH
DHI vs. KBH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for D.R. Horton, Inc. (DHI) and KB Home (KBH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| DHI | KBH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.73 | 0.07 | +0.65 |
Sortino ratioReturn per unit of downside risk | 1.43 | 0.39 | +1.04 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.04 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 0.97 | 0.05 | +0.92 |
Martin ratioReturn relative to average drawdown | 1.74 | 0.11 | +1.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DHI | KBH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 0.07 | +0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.11 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.34 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.16 | +0.14 |
Drawdowns
DHI vs. KBH - Drawdown Comparison
The maximum DHI drawdown since its inception was -88.84%, roughly equal to the maximum KBH drawdown of -92.78%. Use the drawdown chart below to compare losses from any high point for DHI and KBH.
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Drawdown Indicators
| DHI | KBH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.84% | -92.78% | +3.94% |
Max Drawdown (1Y)Largest decline over 1 year | -27.56% | -32.85% | +5.29% |
Max Drawdown (3Y)Largest decline over 3 years | -41.28% | -48.27% | +6.99% |
Max Drawdown (5Y)Largest decline over 5 years | -44.45% | -48.27% | +3.82% |
Max Drawdown (10Y)Largest decline over 10 years | -53.62% | -72.38% | +18.76% |
Current DrawdownCurrent decline from peak | -23.42% | -40.90% | +17.48% |
Average DrawdownAverage peak-to-trough decline | -27.92% | -43.55% | +15.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.35% | 13.75% | +1.60% |
Volatility
DHI vs. KBH - Volatility Comparison
The current volatility for D.R. Horton, Inc. (DHI) is 9.65%, while KB Home (KBH) has a volatility of 12.02%. This indicates that DHI experiences smaller price fluctuations and is considered to be less risky than KBH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DHI | KBH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.65% | 12.02% | -2.37% |
Volatility (6M)Calculated over the trailing 6-month period | 24.80% | 26.24% | -1.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.78% | 36.66% | +2.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.33% | 38.09% | -2.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.73% | 44.68% | -8.95% |
Dividends
DHI vs. KBH - Dividend Comparison
DHI's dividend yield for the trailing twelve months is around 1.18%, less than KBH's 1.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHI D.R. Horton, Inc. | 1.18% | 1.15% | 0.93% | 0.69% | 1.04% | 0.76% | 1.05% | 1.18% | 1.51% | 0.83% | 1.24% | 0.84% |
KBH KB Home | 1.94% | 1.77% | 1.45% | 1.12% | 1.88% | 1.34% | 1.25% | 1.14% | 0.52% | 0.31% | 0.63% | 0.81% |
Financials
DHI vs. KBH - Financials Comparison
This section allows you to compare key financial metrics between D.R. Horton, Inc. and KB Home. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
DHI vs. KBH - Profitability Comparison
DHI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, D.R. Horton, Inc. reported a gross profit of -1.59B and revenue of 7.56B. Therefore, the gross margin over that period was -21.1%.
KBH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, KB Home reported a gross profit of 0.00 and revenue of 1.08B. Therefore, the gross margin over that period was 0.0%.
DHI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, D.R. Horton, Inc. reported an operating income of -729.60M and revenue of 7.56B, resulting in an operating margin of -9.7%.
KBH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, KB Home reported an operating income of 32.99M and revenue of 1.08B, resulting in an operating margin of 3.1%.
DHI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, D.R. Horton, Inc. reported a net income of 647.90M and revenue of 7.56B, resulting in a net margin of 8.6%.
KBH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, KB Home reported a net income of 33.42M and revenue of 1.08B, resulting in a net margin of 3.1%.
Frequently Asked Questions
DHI and KBH have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KBH has higher volatility (12.02%) compared to DHI (9.65%). In terms of maximum drawdown, DHI dropped -88.84% vs KBH's -92.78%.
DHI currently has the higher Sharpe Ratio (0.73 vs 0.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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