Lennar (LEN) vs Toll Brothers (TOL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Toll Brothers (TOL) has outperformed Lennar (LEN) over the past year, gaining 0.8% versus a loss of 37.7%. Over five years, TOL leads with a +128.5% price change compared with -19.0% for LEN. Lennar is the larger company by market cap ($18.11 billion vs $12.33 billion), about 1.5 times the size, while Toll Brothers is growing revenue faster (+1.1% vs -3.5%).
On valuation, Toll Brothers trades at a lower forward P/E (9.7x vs 14.4x for Lennar). Lennar offers the higher dividend yield (2.63% vs 0.76%). Toll Brothers converts more of its revenue into profit, with a net margin of 12.3% 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 | TOL |
|---|---|---|
| Share price | $76.13 | $133.86 |
| Market cap | $18.11B | $12.33B |
| 1-day change | -1.01% | -3.00% |
| YTD return | -25.94% | -1.01% |
| 1-year return | -37.67% | +0.75% |
| 5-year return | -19.03% | +128.47% |
| P/E ratio (TTM) | 14.42 | 10.79 |
| Forward P/E | 14.44 | 9.69 |
| EPS (TTM) | $5.28 | $12.41 |
| Dividend yield | 2.63% | 0.76% |
| Annual dividend | $2.00 | $1.02 |
| Revenue (latest FY) | $34.19B | $10.97B |
| Revenue growth (YoY) | -3.54% | +1.11% |
| Net income (latest FY) | $2.08B | $1.35B |
| Gross margin | — | 25.11% |
| Operating margin | — | 15.69% |
| Net margin | 6.08% | 12.28% |
| 52-week high | $133.76 | $168.36 |
| 52-week low | $73.75 | $123.15 |
| Distance from 52-week high | -43.08% | -20.49% |
| Analyst consensus | underperform | buy |
| Avg. price target upside | +3.15% | +27.66% |
| Average volume | 3.63M | 970.21K |
| Shares outstanding | 207.88M | 92.15M |
| Employees | 12,532 | 4,900 |
| 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
- TOL has outperformed LEN by 38.4 percentage points over the past year.
- Lennar trades at a higher earnings multiple (14.4x vs 10.8x trailing P/E).
- Lennar offers a meaningfully higher dividend yield (2.63% vs 0.76%).
- Toll Brothers is more profitable, keeping 12.3 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 Toll Brothers
TOL stock →Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. It designs, builds, markets, and sells condominiums through Toll Brothers City Living.
Consumer Discretionary · Homebuilding · 4,900 employees
LEN vs TOL FAQ
Which is bigger, Lennar or Toll Brothers?
Lennar (LEN) is larger, with a market capitalization of $18.11B compared with $12.33B for Toll Brothers (TOL).
Which stock has performed better over the past year, LEN or TOL?
TOL returned +0.75% 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 TOL?
TOL has the lower trailing P/E at 10.8, versus 14.4 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 Toll Brothers?
Lennar has the higher yield at 2.63%, compared with 0.76% for Toll Brothers.
Are Lennar and Toll Brothers in the same industry?
Yes. Both are classified in the Homebuilding industry within the Consumer Discretionary sector.