Lennar (LEN.B) vs M/I Homes (MHO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
M/I Homes (MHO) has outperformed Lennar (LEN.B) over the past year, losing 4.0% versus a loss of 32.2%. Over five years, MHO leads with a +119.7% price change compared with +1.7% for LEN.B. Lennar is the larger company by market cap ($18.01 billion vs $3.28 billion), about 5.5 times the size.
On valuation, Lennar trades at a lower forward P/E (4.7x vs 9.2x for M/I Homes). Lennar pays a dividend yielding 2.64%, while M/I Homes does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | LEN.B | MHO |
|---|---|---|
| Share price | $75.70 | $129.66 |
| Market cap | $18.01B | $3.28B |
| 1-day change | -1.65% | -0.39% |
| YTD return | -18.99% | +1.74% |
| 1-year return | -32.21% | -3.99% |
| 5-year return | +1.69% | +119.66% |
| P/E ratio (TTM) | 14.34 | 10.89 |
| Forward P/E | 4.67 | 9.21 |
| EPS (TTM) | $5.28 | $11.91 |
| Dividend yield | 2.64% | 0.00% |
| Annual dividend | $2.00 | $0.00 |
| Revenue (latest FY) | — | $4.42B |
| Revenue growth (YoY) | — | -1.93% |
| Net income (latest FY) | — | $402.94M |
| Gross margin | — | 23.03% |
| Operating margin | — | 11.47% |
| Net margin | — | 9.12% |
| 52-week high | $125.48 | $163.66 |
| 52-week low | $72.60 | $116.78 |
| Distance from 52-week high | -39.67% | -20.77% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +31.63% |
| Average volume | 100.47K | 208.17K |
| Shares outstanding | 30.02M | 25.28M |
| Employees | 12,532 | 1,801 |
| Sector | Consumer Cyclical | Consumer Discretionary |
| Industry | Residential Construction | Homebuilding |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Lennar is about 5.5 times larger than M/I Homes by market value ($18.01B vs $3.28B).
- MHO has outperformed LEN.B by 28.2 percentage points over the past year.
- Lennar trades at a higher earnings multiple (14.3x vs 10.9x trailing P/E).
- Lennar offers a meaningfully higher dividend yield (2.64% vs 0.00%).
- The two companies sit in different sectors: Lennar in Consumer Cyclical and M/I Homes in Consumer Discretionary.
About Lennar
LEN.B stock →Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding South Central, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments.
Consumer Cyclical · Residential Construction · 12,532 employees
About M/I Homes
MHO stock →M/I Homes, Inc., together with its subsidiaries, engages in the construction and sale of single-family residential homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments.
Consumer Discretionary · Homebuilding · 1,801 employees
LEN.B vs MHO FAQ
Which is bigger, Lennar or M/I Homes?
Lennar (LEN.B) is larger, with a market capitalization of $18.01B compared with $3.28B for M/I Homes (MHO).
Which stock has performed better over the past year, LEN.B or MHO?
MHO returned -3.99% over the past 12 months, compared with -32.21% for LEN.B (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, LEN.B or MHO?
MHO has the lower trailing P/E at 10.9, versus 14.3 for LEN.B. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Lennar or M/I Homes?
Lennar pays a dividend yielding 2.64%, while M/I Homes does not currently pay a regular dividend.
Are Lennar and M/I Homes in the same industry?
No. Lennar is in the Consumer Cyclical sector, while M/I Homes is in Consumer Discretionary.