D.R. Horton, Inc. (DHI)
D.R. Horton is the largest US homebuilder by volume, constructing single-family homes across price points.
Consumer Discretionary stock comparison
DHI vs WSM: which business are you actually underwriting?
Compare D.R. Horton, Inc. with Williams-Sonoma, Inc. using their business models, SEC classifications, fiscal calendars, current primary filings, and the research questions that matter. This is a thesis framework—not a price target or automatic winner.
- Sector
- Consumer
- Industry
- Different SIC
- Shared themes
- 1
- Updated
- 2026-03-26
DHI vs WSM: quick comparison
| Company fact | DHI | WSM |
|---|---|---|
| Company | D.R. Horton, Inc. | Williams-Sonoma, Inc. |
| Exchange | NYSE | NYSE |
| SEC industry | Operative Builders | Retail-Home Furniture, Furnishings & Equipment Stores |
| Fiscal year-end | September 30 | January 31 |
| Latest annual filing | 10-K · 2025-11-19 | 10-K · 2026-03-26 |
DHI vs WSM: audited financials
DHI reported about 4.4× the revenue of WSM in the latest audited fiscal year. On profitability, WSM converted a larger share of revenue into net income (13.9% versus 10.5%). Scale and margin are starting facts for the thesis, not the verdict.
| Metric | DHI | WSM |
|---|---|---|
| Revenue | $34.3B | $7.8B |
| Net income | $3.6B | $1.1B |
| Operating cash flow | $3.4B | $1.3B |
| Diluted EPS | $11.57 | $8.84 |
| Net margin | 10.5% | 13.9% |
DHI: FY ending 2025-09-30 · WSM: FY ending 2026-02-01. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
How the businesses differ
Why this pair belongs in the comparison set
DHI and WSM have different SEC industry classifications, but both map to the maintained Economic trends research theme inside the Consumer Discretionary sector. A shared classification or theme makes the pair useful for a defined research question; it does not mean the companies have identical products, economics, or risks.
Williams-Sonoma, Inc. (WSM)
Williams-Sonoma is a home-furnishings retailer with brands including Pottery Barn, West Elm, and its namesake stores.
The useful starting point is not which ticker has performed better. It is whether the two companies convert the same economic forces into revenue and cash flow in the same way. DHI is classified by the SEC as Operative Builders, while WSM is classified as Retail-Home Furniture, Furnishings & Equipment Stores. The different industry codes are a warning against treating sector membership as proof of identical economics.
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The thesis, the numbers behind it, and what would break it. Full access is $15 a month.
Read the full researchWhich thesis does each company fit?
Use the distinction below to decide which filing deserves deeper work. It is a research routing rule, not a recommendation or prediction.
Study DHI when…
- Real wage growth and consumer confidence
- Interest rates on autos and big-ticket credit
- Inventory cycles and promotional intensity
- The trade-down between premium and value
Study WSM when…
- Real wage growth and consumer confidence
- Interest rates on autos and big-ticket credit
- Inventory cycles and promotional intensity
- The trade-down between premium and value
Shared research themes
Economic trends
SEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable.DHI's fiscal year ends September 30, while WSM's ends January 31. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 15matched transaction rows for DHIand 2 for WSM. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
DHI primary filings
WSM primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
DHI vs WSM FAQs
Are DHI and WSM direct competitors?
D.R. Horton, Inc. and Williams-Sonoma, Inc. sit in the same Consumer Discretionary sector but have different SEC industry classifications. The comparison is most useful for portfolio role and sector exposure, not as a claim that every product competes directly.
Which is better, DHI or WSM?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this DHI vs WSM comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers D.R. Horton, Inc. and Williams-Sonoma, Inc. tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-09-25. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-09-25. Independent educational research; not investment advice.
A comparison is the setup. The thesis is the call.
DHI vs WSM shows how the businesses differ. Membership is the monthly sourced view of who could benefit, what could break, and what evidence matters next. $15/month or $150/year.
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