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DHI vs TOL stock comparison

D.R. Horton, Inc. vs Toll Brothers, Inc., two Homebuilders stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.

Where DHI and TOL diverge most: on revenue growth, DHI reads -3.8% and TOL reads +0.2%; on ev/ebitda, DHI reads 1333.9 and TOL reads 7.8. The rest of the comparable metrics sit closer together. On valuation, today's DHI price has a different growth bar priced in than TOL (-3.5% implied for DHI vs -3.2% for TOL); the higher figure is the steeper assumption to clear, not a better or worse stock. What TOL's price implies is a bet that sits within the historical range (whole-company basis). The bull and bear cases for each are in their full reports below.

DHI vs TOL: the numbers

MetricDHITOL
Price$137.91$134.94
Market cap$39.0B$12.7B
SectorHomebuildersHomebuilders
StageMatureMature
Implied growth (priced in)-3.5%-3.2%
P/E13.210.8
P/B1.601.49
P/S1.171.18
EV/EBITDA1333.97.8
Revenue growth-3.8%+0.2%
Operating margin—13.5%
Net margin9.2%11.1%
Return on equity12.5%14.0%
Return on assets8.4%8.2%
Return on invested capital—13.8%
FCF yield8.2%8.6%
Dividend yield1.2%0.7%
Debt / equity0.000.00
Altman Z (solvency)4.112.94
Piotroski F (quality)8 / 98 / 9
Full DHI report → Full TOL report →
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The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.