Largest U.S. Homebuilder Sees Market Value Surge by 5 Trillion Won After Strong Earnings

DR Horton (NYSE: DHI) closed at $163.87 on the New York Stock Exchange on the 21st, up 6.87% from the previous day, adding roughly $3.5 billion to its market capitalization—equivalent to about ₩4.5–5 trillion—in a single session. Investors focused buying on the large homebuilder after its fiscal 2026 second-quarter results beat market expectations and its margins remained robust.

The company reported second-quarter earnings per share of $2.24, surpassing the consensus estimate of $2.15. Although revenue of $7.56 billion fell slightly short of forecasts, D.R. Horton defended its profitability with a pre-tax margin of 11.5%. On the same day, it announced a quarterly common dividend of $0.45 per share and disclosed share repurchases totaling approximately $936 million (around ₩1.2 trillion) during the first half of the year, further boosting shareholder-return prospects.

Headquartered in Arlington, Texas, D.R. Horton is the largest homebuilder in the United States by units delivered since 2002, making it a true “volume player.” It is also one of the stocks most sensitive to U.S. interest rates and housing-market trends. As of 2025, the company had a market capitalization of about $47.5 billion (roughly ₩65 trillion), cementing its status as a major player in the construction sector.