Lennar (LEN) vs PulteGroup (PHM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
PulteGroup (PHM) has outperformed Lennar (LEN) over the past year, losing 11.1% versus a loss of 37.7%. Over five years, PHM leads with a +134.5% price change compared with -19.0% for LEN. PulteGroup is the larger company by market cap ($21.63 billion vs $18.46 billion), about 1.2 times the size.
On valuation, PulteGroup trades at a lower forward P/E (10.4x vs 14.7x for Lennar). Lennar offers the higher dividend yield (2.58% vs 0.88%). PulteGroup converts more of its revenue into profit, with a net margin of 12.8% versus 6.1%.
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 | PHM |
|---|---|---|
| Share price | $77.60 | $113.53 |
| Market cap | $18.46B | $21.63B |
| 1-day change | +1.93% | +1.07% |
| YTD return | -25.94% | -3.18% |
| 1-year return | -37.67% | -11.07% |
| 5-year return | -19.03% | +134.52% |
| P/E ratio (TTM) | 14.70 | 11.58 |
| Forward P/E | 14.72 | 10.38 |
| EPS (TTM) | $5.28 | $9.80 |
| Dividend yield | 2.58% | 0.88% |
| Annual dividend | $2.00 | $1.00 |
| Revenue (latest FY) | $34.19B | $17.31B |
| Revenue growth (YoY) | -3.54% | -3.54% |
| Net income (latest FY) | $2.08B | $2.22B |
| Net margin | 6.08% | 12.82% |
| 52-week high | $133.76 | $144.50 |
| 52-week low | $73.75 | $108.49 |
| Distance from 52-week high | -41.99% | -21.43% |
| Analyst consensus | underperform | buy |
| Avg. price target upside | +1.20% | +22.18% |
| Average volume | 3.71M | 1.65M |
| Shares outstanding | 207.88M | 190.49M |
| Employees | 12,532 | 6,506 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Homebuilding | 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
- PHM has outperformed LEN by 26.6 percentage points over the past year.
- Lennar trades at a higher earnings multiple (14.7x vs 11.6x trailing P/E).
- Lennar offers a meaningfully higher dividend yield (2.58% vs 0.88%).
- PulteGroup is more profitable, keeping 12.8 cents of every revenue dollar as net income versus 6.1 cents for Lennar.
About Lennar
LEN 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 Discretionary · Homebuilding · 12,532 employees
About PulteGroup
PHM stock →PulteGroup, Inc., through its subsidiaries, engages in the homebuilding business in the United States. The company is involved in the acquisition and development of land primarily for residential purposes, as well as construction of housing; and sale of single-family detached homes; and attached homes, such as townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods brands.
Consumer Discretionary · Homebuilding · 6,506 employees
LEN vs PHM FAQ
Which is bigger, Lennar or PulteGroup?
PulteGroup (PHM) is larger, with a market capitalization of $21.63B compared with $18.46B for Lennar (LEN).
Which stock has performed better over the past year, LEN or PHM?
PHM returned -11.07% over the past 12 months, compared with -37.67% for LEN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, LEN or PHM?
PHM has the lower trailing P/E at 11.6, versus 14.7 for LEN. 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 PulteGroup?
Lennar has the higher yield at 2.58%, compared with 0.88% for PulteGroup.
Are Lennar and PulteGroup in the same industry?
Yes. Both are classified in the Homebuilding industry within the Consumer Discretionary sector.