Seasonality
DHI seasonality — D. R. Horton
Over the last 11 years, DHI's strongest month on average has been November (+9.6%) and its weakest February (-2.5%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +3.19% | +6.39% | 70% | +12.2% | -17.7% | 10 |
| Feb | -2.52% | -2.10% | 50% | +7.8% | -14.6% | 10 |
| Mar | -1.63% | +4.36% | 70% | +15.9% | -36.2% | 10 |
| Apr | +5.96% | +3.88% | 60% | +38.9% | -13.4% | 10 |
| May | +0.36% | -2.88% | 30% | +17.1% | -6.5% | 10 |
| Jun | +1.61% | +0.57% | 60% | +13.9% | -11.9% | 10 |
| Jul | +8.98% | +6.54% | 90% | +27.7% | -12.2% | 10 |
| Aug | +2.84% | +1.57% | 80% | +18.6% | -8.8% | 10 |
| Sep | -1.39% | -2.62% | 40% | +10.5% | -12.2% | 10 |
| Oct | -1.53% | -1.75% | 40% | +14.2% | -14.8% | 10 |
| Nov | +9.58% | +9.44% | 89% | +22.3% | -0.1% | 9 |
| Dec | -1.32% | -3.05% | 40% | +19.0% | -17.2% | 10 |
Monthly returns heat map — DHI
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.3 | 7.8 | -14.4 | 12.1 | -4.4 | 10.7 | -12.2 | 1.1 | -5.5 | 6.8 | 4.3 | +5.7% | |
| 2025 | 1.5 | -10.6 | 0.2 | -0.6 | -6.5 | 9.2 | 10.8 | 18.6 | -0.0 | -12.0 | 6.7 | -9.4 | +3.0% |
| 2024 | -6.0 | 4.6 | 10.1 | -13.4 | 3.7 | -4.7 | 27.7 | 4.9 | 1.1 | -11.4 | -0.1 | -17.2 | -8.0% |
| 2023 | 10.7 | -6.3 | 5.6 | 12.4 | -2.7 | 13.9 | 4.4 | -6.3 | -9.7 | -2.9 | 22.3 | 19.0 | +70.5% |
| 2022 | -17.7 | -4.3 | -12.8 | -6.6 | 8.0 | -11.9 | 17.9 | -8.8 | -5.3 | 14.2 | 11.9 | 3.6 | -17.8% |
| 2021 | 11.4 | 0.1 | 15.9 | 10.3 | -3.0 | -5.2 | 5.6 | 0.2 | -12.2 | 6.3 | 9.4 | 11.0 | +57.4% |
| 2020 | 12.2 | -10.0 | -36.2 | 38.9 | 17.1 | 0.3 | 19.3 | 7.9 | 6.0 | -11.7 | 11.5 | -7.5 | +30.6% |
| 2019 | 10.9 | 1.1 | 6.4 | 7.1 | -3.5 | 0.9 | 6.5 | 7.7 | 6.5 | -0.7 | 5.7 | -4.7 | +52.2% |
| 2018 | -4.0 | -14.6 | 4.6 | 0.7 | -4.4 | -2.9 | 6.6 | 1.9 | -5.2 | -14.8 | 3.5 | -6.9 | -32.1% |
| 2017 | 9.4 | 7.0 | 4.1 | -1.3 | -0.6 | 5.8 | 3.2 | 1.3 | 10.5 | 10.7 | 15.4 | 0.1 | +86.9% |
| 2016 | -1.4 |