DHI vs. LEN: D.R. Horton vs. Lennar Stock Comparison

June 25, 2026

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.

Company profile comparison for D.R. Horton (DHI) and Lennar (LEN)
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	47.22 billion USD	22.89 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	June 5, 1992	March 17, 1980
Security Type	Common Stock	Common Stock

Performance

Cumulative Growth

DHI

LEN

D.R. Horton (DHI) vs. Lennar (LEN): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for D.R. Horton (DHI) and Lennar (LEN). Returns over one year are annualized.

Performance at a Glance

Performance metrics for D.R. Horton (DHI) and Lennar (LEN)
Metric	DHI	LEN
Total Return (1Y)	29.94%	-15.24%

Risk

Drawdown

DHI

LEN

D.R. Horton (DHI) vs. Lennar (LEN): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

Risk metrics for D.R. Horton (DHI) and Lennar (LEN)
Metric	DHI	LEN
Volatility (1Y, Annualized)	39.52%	38.17%
Beta (5Y)	1.33	1.38
Avg. Volume (3M)	2.48M	2.92M

Profitability

ROE (TTM)

Both D.R. Horton (DHI) at 13.08% and Lennar (LEN) at 7.37% 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

13.08%

Max: 35.09%
Q3: 17.65%
DHI: 13.08%
Median: 9.92%
Q1: 4.47%
Min: -12.26%

LEN

Consumer Durables & Apparel industry group

7.37%

Max: 35.09%
Q3: 17.65%
Median: 9.92%
LEN: 7.37%
Q1: 4.47%
Min: -12.26%

D.R. Horton (DHI) vs. Lennar (LEN): A comparison of their ROE against the Consumer Durables & Apparel industry group benchmark.

Net Margin (TTM)

D.R. Horton (DHI) at 9.51% retains a top-quartile share of revenue as profit, ahead of Lennar (LEN) at 4.93%, which keeps about the industry-typical share.

DHI

Consumer Durables & Apparel industry group

9.51%

Max: 18.71%
DHI: 9.51%
Q3: 8.47%
Median: 4.93%
Q1: 1.51%
Min: -6.30%

LEN

Consumer Durables & Apparel industry group

4.93%

Max: 18.71%
Q3: 8.47%
LEN: 4.93%
Median: 4.93%
Q1: 1.51%
Min: -6.30%

D.R. Horton (DHI) vs. Lennar (LEN): A comparison of their net margin against the Consumer Durables & Apparel industry group benchmark.

Operating Margin (TTM)

Both D.R. Horton (DHI) at 11.26% and Lennar (LEN) at 5.31% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

DHI

Consumer Durables & Apparel industry group

11.26%

Max: 27.58%
Q3: 13.23%
DHI: 11.26%
Median: 7.43%
Q1: 3.58%
Min: -9.19%

LEN

Consumer Durables & Apparel industry group

5.31%

Max: 27.58%
Q3: 13.23%
Median: 7.43%
LEN: 5.31%
Q1: 3.58%
Min: -9.19%

D.R. Horton (DHI) vs. Lennar (LEN): A comparison of their operating margin against the Consumer Durables & Apparel industry group benchmark.

Profitability at a Glance

Profitability metrics for D.R. Horton (DHI) and Lennar (LEN)
Metric	DHI	LEN
ROE (TTM)	13.08%	7.37%
ROA (TTM)	7.30%	3.88%
Net Margin (TTM)	9.51%	4.93%
Operating Margin (TTM)	11.26%	5.31%
Gross Margin (TTM)	21.60%	16.36%

Growth

Revenue Growth

D.R. Horton (DHI) vs. Lennar (LEN): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

Revenue growth metrics for D.R. Horton (DHI) and Lennar (LEN)
Metric	DHI	LEN
Revenue Growth (YoY)	-6.93%	-3.54%
Revenue Growth (3Y CAGR)	0.76%	0.51%

EPS Growth

D.R. Horton (DHI) vs. Lennar (LEN): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

EPS growth metrics for D.R. Horton (DHI) and Lennar (LEN)
Metric	DHI	LEN
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 6.37 and Lennar (LEN) at 11.40 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

6.37

Max: 8.27
DHI: 6.37
Q3: 4.35
Median: 2.38
Q1: 1.67
Min: 0.78

LEN

Consumer Durables & Apparel industry group

11.40

LEN: 11.40
Max: 8.27
Q3: 4.35
Median: 2.38
Q1: 1.67
Min: 0.78

D.R. Horton (DHI) vs. Lennar (LEN): A comparison of their current ratio against the Consumer Durables & Apparel industry group benchmark.

Debt / Equity (MRQ)

Both D.R. Horton (DHI) at 0.27 and Lennar (LEN) at 0.28 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

DHI

Consumer Durables & Apparel industry group

0.27

Max: 2.69
Q3: 1.30
Median: 0.53
DHI: 0.27
Q1: 0.26
Min: 0.00

LEN

Consumer Durables & Apparel industry group

0.28

Max: 2.69
Q3: 1.30
Median: 0.53
LEN: 0.28
Q1: 0.26
Min: 0.00

D.R. Horton (DHI) vs. Lennar (LEN): A comparison of their debt-to-equity ratio against the Consumer Durables & Apparel industry group benchmark.

Financial Strength at a Glance

Financial strength metrics for D.R. Horton (DHI) and Lennar (LEN)
Metric	DHI	LEN
Current Ratio (MRQ)	6.37	11.40
Debt / Equity (MRQ)	0.27	0.28
Net Debt / EBITDA	1.11	1.95

Dividends

Dividend Yield (TTM)

Both D.R. Horton (DHI) at 1.09% and Lennar (LEN) at 2.29% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

DHI

Consumer Durables & Apparel industry group

1.09%

Max: 5.47%
Q3: 2.29%
DHI: 1.09%
Median: 0.67%
Q1: 0.00%
Min: 0.00%

LEN

Consumer Durables & Apparel industry group

2.29%

Max: 5.47%
Q3: 2.29%
LEN: 2.29%
Median: 0.67%
Q1: 0.00%
Min: 0.00%

D.R. Horton (DHI) vs. Lennar (LEN): A comparison of their dividend yield against the Consumer Durables & Apparel industry group benchmark.

Dividend Payout Ratio (TTM)

Both D.R. Horton (DHI) at 15.96% and Lennar (LEN) at 31.35% 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

15.96%

Max: 99.29%
Q3: 40.17%
DHI: 15.96%
Median: 9.28%
Q1: 0.00%
Min: 0.00%

LEN

Consumer Durables & Apparel industry group

31.35%

Max: 99.29%
Q3: 40.17%
LEN: 31.35%
Median: 9.28%
Q1: 0.00%
Min: 0.00%

D.R. Horton (DHI) vs. Lennar (LEN): A comparison of their payout ratio against the Consumer Durables & Apparel industry group benchmark.

Dividends at a Glance

Dividend metrics for D.R. Horton (DHI) and Lennar (LEN)
Metric	DHI	LEN
Dividend Yield (TTM)	1.09%	2.29%
Dividend Payout Ratio (TTM)	15.96%	31.35%

Valuation

P/E Ratio (TTM)

Both D.R. Horton (DHI) at 15.62 and Lennar (LEN) at 14.57 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

15.62

Max: 45.66
Q3: 29.96
Median: 20.50
DHI: 15.62
Q1: 14.33
Min: 7.11

LEN

Consumer Durables & Apparel industry group

14.57

Max: 45.66
Q3: 29.96
Median: 20.50
LEN: 14.57
Q1: 14.33
Min: 7.11

D.R. Horton (DHI) vs. Lennar (LEN): A comparison of their P/E ratio against the Consumer Durables & Apparel industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both D.R. Horton (DHI) at 1.42 and Lennar (LEN) at 0.70 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

DHI

Consumer Durables & Apparel industry group

1.42

Max: 3.95
Q3: 2.00
DHI: 1.42
Median: 1.11
Q1: 0.61
Min: 0.01

LEN

Consumer Durables & Apparel industry group

0.70

Max: 3.95
Q3: 2.00
Median: 1.11
LEN: 0.70
Q1: 0.61
Min: 0.01

D.R. Horton (DHI) vs. Lennar (LEN): A comparison of their P/S ratio against the Consumer Durables & Apparel industry group benchmark.

P/B Ratio (MRQ)

Lennar (LEN) at 1.04 sits in the lower P/B ratio quartile against book while D.R. Horton (DHI) at 2.01 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

2.01

Max: 8.96
Q3: 4.34
DHI: 2.01
Median: 2.00
Q1: 1.15
Min: 0.65

LEN

Consumer Durables & Apparel industry group

1.04

Max: 8.96
Q3: 4.34
Median: 2.00
Q1: 1.15
LEN: 1.04
Min: 0.65

D.R. Horton (DHI) vs. Lennar (LEN): A comparison of their P/B ratio against the Consumer Durables & Apparel industry group benchmark.

Valuation at a Glance

Valuation metrics for D.R. Horton (DHI) and Lennar (LEN)
Metric	DHI	LEN
P/E Ratio (TTM)	15.62	14.57
P/S Ratio (TTM)	1.42	0.70
P/B Ratio (MRQ)	2.01	1.04
Free Cash Flow Yield (TTM)	6.09%	--