AS vs. LEN: A Head-to-Head Stock Comparison

Updated on July 8, 2025

Here’s a clear look at AS and LEN, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Overview

AS’s market capitalization stands at 21.53 billion USD, while LEN’s is 28.88 billion USD, indicating their market valuations are broadly comparable.

AS’s beta of 3.65 points to significantly higher volatility compared to LEN (beta: 1.35), suggesting AS has greater potential for both gains and losses relative to market movements.

Symbol	AS	LEN
Company Name	Amer Sports, Inc.	Lennar Corporation
Country	FI	US
Sector	Consumer Cyclical	Consumer Cyclical
Industry	Leisure	Residential Construction
CEO	Jie Zheng	Stuart A. Miller
Price	38.87 USD	110.12 USD
Market Cap	21.53 billion USD	28.88 billion USD
Beta	3.65	1.35
Exchange	NYSE	NYSE
IPO Date	February 1, 2024	March 17, 1980
ADR	No	No

Historical Performance

This chart compares the performance of AS and LEN by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.

Data is adjusted for dividends and splits.

AS vs. LEN: Growth of a $10,000 investment over the past one year.

Profitability

Return on Equity

AS

4.41%

Leisure Industry

Max: 54.14%
Q3: 27.35%
Median: 10.25%
Q1: -5.82%
Min: -50.57%

AS’s Return on Equity of 4.41% is on par with the norm for the Leisure industry, indicating its profitability relative to shareholder equity is typical for the sector.

LEN

15.56%

Residential Construction Industry

Max: 38.32%
Q3: 24.08%
Median: 16.46%
Q1: 12.92%
Min: 7.81%

LEN’s Return on Equity of 15.56% is on par with the norm for the Residential Construction industry, indicating its profitability relative to shareholder equity is typical for the sector.

AS vs. LEN: A comparison of their ROE against their respective Leisure and Residential Construction industry benchmarks.

Return on Invested Capital

AS

4.80%

Leisure Industry

Max: 18.80%
Q3: 12.83%
Median: 9.71%
Q1: -1.45%
Min: -18.12%

AS’s Return on Invested Capital of 4.80% is in line with the norm for the Leisure industry, reflecting a standard level of efficiency in generating profits from its capital base.

LEN

13.00%

Residential Construction Industry

Max: 19.08%
Q3: 12.67%
Median: 11.66%
Q1: 8.04%
Min: 3.73%

In the upper quartile for the Residential Construction industry, LEN’s Return on Invested Capital of 13.00% signifies a highly effective use of its capital to generate profits when compared to its peers.

AS vs. LEN: A comparison of their ROIC against their respective Leisure and Residential Construction industry benchmarks.

Net Profit Margin

AS

3.70%

Leisure Industry

Max: 14.84%
Q3: 9.75%
Median: 7.51%
Q1: -8.12%
Min: -34.68%

AS’s Net Profit Margin of 3.70% is aligned with the median group of its peers in the Leisure industry. This indicates its ability to convert revenue into profit is typical for the sector.

LEN

11.08%

Residential Construction Industry

Max: 17.37%
Q3: 12.35%
Median: 10.36%
Q1: 8.29%
Min: 3.91%

LEN’s Net Profit Margin of 11.08% is aligned with the median group of its peers in the Residential Construction industry. This indicates its ability to convert revenue into profit is typical for the sector.

AS vs. LEN: A comparison of their Net Profit Margin against their respective Leisure and Residential Construction industry benchmarks.

Operating Profit Margin

AS

10.56%

Leisure Industry

Max: 27.89%
Q3: 15.06%
Median: 11.34%
Q1: 2.75%
Min: -10.88%

AS’s Operating Profit Margin of 10.56% is around the midpoint for the Leisure industry, indicating that its efficiency in managing core business operations is typical for the sector.

LEN

12.05%

Residential Construction Industry

Max: 22.34%
Q3: 15.74%
Median: 12.30%
Q1: 9.51%
Min: 4.20%

LEN’s Operating Profit Margin of 12.05% is around the midpoint for the Residential Construction industry, indicating that its efficiency in managing core business operations is typical for the sector.

AS vs. LEN: A comparison of their Operating Margin against their respective Leisure and Residential Construction industry benchmarks.

Profitability at a Glance

Symbol	AS	LEN
Return on Equity (TTM)	4.41%	15.56%
Return on Assets (TTM)	2.37%	11.40%
Return on Invested Capital (TTM)	4.80%	13.00%
Net Profit Margin (TTM)	3.70%	11.08%
Operating Profit Margin (TTM)	10.56%	12.05%
Gross Profit Margin (TTM)	56.25%	8.56%

Financial Strength

Current Ratio

AS

1.66

Leisure Industry

Max: 2.58
Q3: 2.10
Median: 1.69
Q1: 0.62
Min: 0.31

AS’s Current Ratio of 1.66 aligns with the median group of the Leisure industry, indicating that its short-term liquidity is in line with its sector peers.

LEN

3.65

Residential Construction Industry

Max: 26.19
Q3: 13.52
Median: 7.75
Q1: 3.72
Min: 1.49

LEN’s Current Ratio of 3.65 falls into the lower quartile for the Residential Construction industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

AS vs. LEN: A comparison of their Current Ratio against their respective Leisure and Residential Construction industry benchmarks.

Debt-to-Equity Ratio

AS

0.29

Leisure Industry

Max: 2.86
Q3: 1.42
Median: 0.89
Q1: 0.25
Min: 0.04

AS’s Debt-to-Equity Ratio of 0.29 is typical for the Leisure industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

LEN

0.12

Residential Construction Industry

Max: 0.60
Q3: 0.40
Median: 0.33
Q1: 0.17
Min: 0.00

Falling into the lower quartile for the Residential Construction industry, LEN’s Debt-to-Equity Ratio of 0.12 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

AS vs. LEN: A comparison of their D/E Ratio against their respective Leisure and Residential Construction industry benchmarks.

Interest Coverage Ratio

AS

3.15

Leisure Industry

Max: 10.99
Q3: 6.49
Median: 2.98
Q1: 0.15
Min: -5.46

AS’s Interest Coverage Ratio of 3.15 is positioned comfortably within the norm for the Leisure industry, indicating a standard and healthy capacity to cover its interest payments.

LEN

61.93

Residential Construction Industry

Max: 137.53
Q3: 119.57
Median: 59.70
Q1: 34.03
Min: 10.68

LEN’s Interest Coverage Ratio of 61.93 is positioned comfortably within the norm for the Residential Construction industry, indicating a standard and healthy capacity to cover its interest payments.

AS vs. LEN: A comparison of their Interest Coverage against their respective Leisure and Residential Construction industry benchmarks.

Financial Strength at a Glance

Symbol	AS	LEN
Current Ratio (TTM)	1.66	3.65
Quick Ratio (TTM)	0.80	0.49
Debt-to-Equity Ratio (TTM)	0.29	0.12
Debt-to-Asset Ratio (TTM)	0.18	0.08
Net Debt-to-EBITDA Ratio (TTM)	1.75	0.39
Interest Coverage Ratio (TTM)	3.15	61.93

Growth

The following charts compare key year-over-year (YoY) growth metrics for AS and LEN. These metrics are based on the companies’ annual financial reports.

Revenue Growth

AS vs. LEN: A comparison of their annual year-over-year Revenue Growth.

Earnings Per Share (EPS) Growth

AS vs. LEN: A comparison of their annual year-over-year Earnings Per Share (EPS) Growth.

Free Cash Flow Growth

AS vs. LEN: A comparison of their annual year-over-year Free Cash Flow Growth.

Dividend

Dividend Yield

AS

0.00%

Leisure Industry

Max: 3.83%
Q3: 0.15%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

AS currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

LEN

1.80%

Residential Construction Industry

Max: 2.41%
Q3: 1.31%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

With a Dividend Yield of 1.80%, LEN offers a more attractive income stream than most of its peers in the Residential Construction industry, signaling a strong commitment to shareholder returns.

AS vs. LEN: A comparison of their Dividend Yield against their respective Leisure and Residential Construction industry benchmarks.

Dividend Payout Ratio

AS

0.00%

Leisure Industry

Max: 91.69%
Q3: 14.53%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

AS has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

LEN

13.81%

Residential Construction Industry

Max: 35.19%
Q3: 10.57%
Median: 2.40%
Q1: 0.00%
Min: 0.00%

LEN’s Dividend Payout Ratio of 13.81% is in the upper quartile for the Residential Construction industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.

AS vs. LEN: A comparison of their Payout Ratio against their respective Leisure and Residential Construction industry benchmarks.

Dividend at a Glance

Symbol	AS	LEN
Dividend Yield (TTM)	0.00%	1.80%
Dividend Payout Ratio (TTM)	0.00%	13.81%

Valuation

Price-to-Earnings Ratio

AS

107.87

Leisure Industry

Max: 50.94
Q3: 41.43
Median: 24.00
Q1: 14.24
Min: 11.70

At 107.87, AS’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Leisure industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

LEN

7.35

Residential Construction Industry

Max: 9.55
Q3: 9.42
Median: 7.20
Q1: 6.63
Min: 3.19

LEN’s P/E Ratio of 7.35 is within the middle range for the Residential Construction industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

AS vs. LEN: A comparison of their P/E Ratio against their respective Leisure and Residential Construction industry benchmarks.

Forward P/E to Growth Ratio

AS

4.82

Leisure Industry

Max: 5.65
Q3: 3.47
Median: 1.94
Q1: 1.14
Min: 0.00

A Forward PEG Ratio of 4.82 places AS in the upper quartile for the Leisure industry. This suggests the stock is potentially expensive compared to its peers relative to its growth forecast, which may warrant caution.

LEN

0.20

Residential Construction Industry

Max: 2.03
Q3: 1.05
Median: 0.49
Q1: 0.25
Min: 0.10

The Forward PEG Ratio is often not a primary valuation metric in the Residential Construction industry.

AS vs. LEN: A comparison of their Forward PEG Ratio against their respective Leisure and Residential Construction industry benchmarks.

Price-to-Sales Ratio

AS

3.95

Leisure Industry

Max: 4.00
Q3: 2.41
Median: 1.45
Q1: 1.18
Min: 0.36

AS’s P/S Ratio of 3.95 is in the upper echelon for the Leisure industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

LEN

0.82

Residential Construction Industry

Max: 2.31
Q3: 1.33
Median: 0.79
Q1: 0.56
Min: 0.20

LEN’s P/S Ratio of 0.82 aligns with the market consensus for the Residential Construction industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

AS vs. LEN: A comparison of their P/S Ratio against their respective Leisure and Residential Construction industry benchmarks.

Price-to-Book Ratio

AS

4.18

Leisure Industry

Max: 5.76
Q3: 4.55
Median: 3.57
Q1: 2.69
Min: 0.30

AS’s P/B Ratio of 4.18 is within the conventional range for the Leisure industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

LEN

1.28

Residential Construction Industry

Max: 2.33
Q3: 1.66
Median: 1.08
Q1: 0.86
Min: 0.55

LEN’s P/B Ratio of 1.28 is within the conventional range for the Residential Construction industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

AS vs. LEN: A comparison of their P/B Ratio against their respective Leisure and Residential Construction industry benchmarks.

Valuation at a Glance

Symbol	AS	LEN
Price-to-Earnings Ratio (P/E, TTM)	107.87	7.35
Forward PEG Ratio (TTM)	4.82	0.20
Price-to-Sales Ratio (P/S, TTM)	3.95	0.82
Price-to-Book Ratio (P/B, TTM)	4.18	1.28
Price-to-Free Cash Flow Ratio (P/FCF, TTM)	89.77	18.14
EV-to-EBITDA (TTM)	35.61	7.41
EV-to-Sales (TTM)	4.15	0.86