DHI vs. LEN: D.R. Horton vs. Lennar Stock Comparison
How do D.R. Horton (DHI) and Lennar (LEN) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
D.R. Horton (DHI) and Lennar (LEN) are both classified in the Homebuilding sub-industry within the broader Household Durables industry, placing them in the closest GICS peer bucket.
| Profile Item | DHI | LEN |
|---|---|---|
| Name | D.R. Horton, Inc. | Lennar Corporation |
| Country/Region | United States | United States |
| GICS Sector | Consumer Discretionary | Consumer Discretionary |
| GICS Industry Group | Consumer Durables & Apparel | Consumer Durables & Apparel |
| GICS Industry | Household Durables | Household Durables |
| GICS Sub-Industry | Homebuilding | Homebuilding |
| Market Capitalization | 41.33 billion USD | 21.11 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 5, 1992 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DHI | LEN |
|---|---|---|
| Total Return (1Y) | 8.44% | -23.01% |
| Total Return (3Y, Annualized) | 9.87% | -5.93% |
| Total Return (5Y, Annualized) | 10.88% | -0.92% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DHI | LEN |
|---|---|---|
| Volatility (1Y, Annualized) | 37.37% | 40.94% |
| Beta (5Y) | 1.34 | 1.36 |
| Max Drawdown (5Y) | -44.45% | -58.85% |
| Avg. Volume (3M) | 2.79M | 4.24M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DHI | LEN |
|---|---|---|
| Sharpe Ratio (1Y) | 0.11 | -0.67 |
| Sortino Ratio (1Y) | 0.18 | -0.98 |
Profitability
ROE (TTM)
Both D.R. Horton (DHI) at 12.12% and Lennar (LEN) at 5.96% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
DHI
Consumer Durables & Apparel industry group
12.12%
- Max
- 44.27%
- Q3
- 22.94%
- Median
- 12.36%
- DHI
- 12.12%
- Q1
- 5.76%
- Min
- -12.76%
LEN
Consumer Durables & Apparel industry group
5.96%
- Max
- 44.27%
- Q3
- 22.94%
- Median
- 12.36%
- LEN
- 5.96%
- Q1
- 5.76%
- Min
- -12.76%
Net Margin (TTM)
Both D.R. Horton (DHI) at 8.74% and Lennar (LEN) at 4.09% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
DHI
Consumer Durables & Apparel industry group
8.74%
- Max
- 19.00%
- Q3
- 9.42%
- DHI
- 8.74%
- Median
- 5.93%
- Q1
- 2.80%
- Min
- -7.09%
LEN
Consumer Durables & Apparel industry group
4.09%
- Max
- 19.00%
- Q3
- 9.42%
- Median
- 5.93%
- LEN
- 4.09%
- Q1
- 2.80%
- Min
- -7.09%
Operating Margin (TTM)
Both D.R. Horton (DHI) at 11.57% and Lennar (LEN) at 5.69% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
DHI
Consumer Durables & Apparel industry group
11.57%
- Max
- 28.97%
- Q3
- 14.34%
- DHI
- 11.57%
- Median
- 8.77%
- Q1
- 4.05%
- Min
- -7.88%
LEN
Consumer Durables & Apparel industry group
5.69%
- Max
- 28.97%
- Q3
- 14.34%
- Median
- 8.77%
- LEN
- 5.69%
- Q1
- 4.05%
- Min
- -7.88%
Profitability Metrics
| Metric | DHI | LEN |
|---|---|---|
| ROE (TTM) | 12.12% | 5.96% |
| ROA (TTM) | 6.57% | 3.37% |
| Net Margin (TTM) | 8.74% | 4.09% |
| Operating Margin (TTM) | 11.57% | 5.69% |
| Gross Margin (TTM) | 20.58% | 16.02% |
Growth
Revenue Growth
Lennar (LEN) at -3.54% is around its peer norm for revenue growth, while D.R. Horton (DHI) at -6.93% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both D.R. Horton (DHI) at -19.32% and Lennar (LEN) at -44.23% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | DHI | LEN |
|---|---|---|
| Revenue Growth (YoY) | -6.93% | -3.54% |
| Revenue Growth (3Y CAGR) | 0.76% | 0.51% |
| EPS Growth (YoY) | -19.32% | -44.23% |
| EPS Growth (3Y CAGR) | -11.18% | -20.23% |
Financial Strength
Current Ratio (MRQ)
Both D.R. Horton (DHI) at 4.30 and Lennar (LEN) at 10.14 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.
DHI
Consumer Durables & Apparel industry group
4.30
- Max
- 5.48
- DHI
- 4.30
- Q3
- 3.70
- Median
- 2.10
- Q1
- 1.64
- Min
- 0.75
LEN
Consumer Durables & Apparel industry group
10.14
- LEN
- 10.14
- Max
- 5.48
- Q3
- 3.70
- Median
- 2.10
- Q1
- 1.64
- Min
- 0.75
Debt / Equity (MRQ)
Both D.R. Horton (DHI) at 0.26 and Lennar (LEN) at 0.28 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
DHI
Consumer Durables & Apparel industry group
0.26
- Max
- 2.46
- Q3
- 1.19
- Median
- 0.45
- DHI
- 0.26
- Q1
- 0.23
- Min
- 0.00
LEN
Consumer Durables & Apparel industry group
0.28
- Max
- 2.46
- Q3
- 1.19
- Median
- 0.45
- LEN
- 0.28
- Q1
- 0.23
- Min
- 0.00
Financial Strength Metrics
| Metric | DHI | LEN |
|---|---|---|
| Current Ratio (MRQ) | 4.30 | 10.14 |
| Debt / Equity (MRQ) | 0.26 | 0.28 |
| Net Debt / EBITDA | 1.05 | 2.48 |
Dividends
Dividend Yield (TTM)
Both D.R. Horton (DHI) at 1.14% and Lennar (LEN) at 2.18% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
DHI
Consumer Durables & Apparel industry group
1.14%
- Max
- 5.10%
- Q3
- 2.20%
- DHI
- 1.14%
- Median
- 0.77%
- Q1
- 0.00%
- Min
- 0.00%
LEN
Consumer Durables & Apparel industry group
2.18%
- Max
- 5.10%
- Q3
- 2.20%
- LEN
- 2.18%
- Median
- 0.77%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both D.R. Horton (DHI) at 16.68% and Lennar (LEN) at 37.88% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
DHI
Consumer Durables & Apparel industry group
16.68%
- Max
- 96.30%
- Q3
- 39.57%
- DHI
- 16.68%
- Median
- 11.11%
- Q1
- 0.00%
- Min
- 0.00%
LEN
Consumer Durables & Apparel industry group
37.88%
- Max
- 96.30%
- Q3
- 39.57%
- LEN
- 37.88%
- Median
- 11.11%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DHI | LEN |
|---|---|---|
| Dividend Yield (TTM) | 1.14% | 2.18% |
| Dividend Payout Ratio (TTM) | 16.68% | 37.88% |
Valuation
P/E Ratio (TTM)
Both D.R. Horton (DHI) at 15.06 and Lennar (LEN) at 16.81 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
DHI
Consumer Durables & Apparel industry group
15.06
- Max
- 40.20
- Q3
- 25.33
- Median
- 17.52
- DHI
- 15.06
- Q1
- 14.50
- Min
- 5.29
LEN
Consumer Durables & Apparel industry group
16.81
- Max
- 40.20
- Q3
- 25.33
- Median
- 17.52
- LEN
- 16.81
- Q1
- 14.50
- Min
- 5.29
P/S Ratio (TTM)
On P/S ratio, both D.R. Horton (DHI) at 1.25 and Lennar (LEN) at 0.66 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
DHI
Consumer Durables & Apparel industry group
1.25
- Max
- 3.32
- Q3
- 1.74
- DHI
- 1.25
- Median
- 1.02
- Q1
- 0.56
- Min
- 0.01
LEN
Consumer Durables & Apparel industry group
0.66
- Max
- 3.32
- Q3
- 1.74
- Median
- 1.02
- LEN
- 0.66
- Q1
- 0.56
- Min
- 0.01
P/B Ratio (MRQ)
Lennar (LEN) at 0.98 sits in the lower P/B ratio quartile against book while D.R. Horton (DHI) at 1.79 is valued near its industry’s middle — LEN is cheaper on assets, though weigh it against ROE and asset quality.
DHI
Consumer Durables & Apparel industry group
1.79
- Max
- 8.35
- Q3
- 4.28
- Median
- 2.11
- DHI
- 1.79
- Q1
- 1.09
- Min
- 0.49
LEN
Consumer Durables & Apparel industry group
0.98
- Max
- 8.35
- Q3
- 4.28
- Median
- 2.11
- Q1
- 1.09
- LEN
- 0.98
- Min
- 0.49
Valuation Metrics
| Metric | DHI | LEN |
|---|---|---|
| P/E Ratio (TTM) | 15.06 | 16.81 |
| P/S Ratio (TTM) | 1.25 | 0.66 |
| P/B Ratio (MRQ) | 1.79 | 0.98 |
| Free Cash Flow Yield (TTM) | 18.91% | 5.81% |