LEN vs. PHM: Lennar vs. PulteGroup Stock Comparison

November 11, 2026

How do Lennar (LEN) and PulteGroup (PHM) 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

Lennar (LEN) and PulteGroup (PHM) 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 Lennar (LEN) and PulteGroup (PHM)
Profile Item	LEN	PHM
Name	Lennar Corporation	PulteGroup, Inc.
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	21.11 billion USD	25.24 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

LEN

PHM

GSPC

Lennar (LEN) vs. PulteGroup (PHM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Lennar (LEN) and PulteGroup (PHM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Lennar (LEN) and PulteGroup (PHM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Lennar (LEN) and PulteGroup (PHM)
Metric	LEN	PHM
Total Return (1Y)	-23.01%	14.71%
Total Return (3Y, Annualized)	-5.93%	19.88%
Total Return (5Y, Annualized)	-0.92%	22.42%

Risk Profile

Drawdown History

LEN

PHM

GSPC

Lennar (LEN) vs. PulteGroup (PHM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Lennar (LEN) and PulteGroup (PHM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Lennar (LEN) and PulteGroup (PHM)
Metric	LEN	PHM
Volatility (1Y, Annualized)	40.94%	34.96%
Beta (5Y)	1.36	1.14
Max Drawdown (5Y)	-58.85%	-38.01%
Avg. Volume (3M)	4.24M	1.77M

Risk-Adjusted Performance

Risk-Return Positioning

LEN and PHM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Lennar (LEN) and PulteGroup (PHM)
Metric	LEN	PHM
Sharpe Ratio (1Y)	-0.67	0.30
Sortino Ratio (1Y)	-0.98	0.48

Profitability

ROE (TTM)

Both Lennar (LEN) at 5.96% and PulteGroup (PHM) at 13.86% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

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%

PHM

Consumer Durables & Apparel industry group

13.86%

Max: 44.27%
Q3: 22.94%
PHM: 13.86%
Median: 12.36%
Q1: 5.76%
Min: -12.76%

Lennar (LEN) vs. PulteGroup (PHM): A comparison of their ROE against the Consumer Durables & Apparel industry group benchmark.

Net Margin (TTM)

PulteGroup (PHM) at 11.24% retains a top-quartile share of revenue as profit, ahead of Lennar (LEN) at 4.09%, which keeps about the industry-typical share.

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%

PHM

Consumer Durables & Apparel industry group

11.24%

Max: 19.00%
PHM: 11.24%
Q3: 9.42%
Median: 5.93%
Q1: 2.80%
Min: -7.09%

Lennar (LEN) vs. PulteGroup (PHM): A comparison of their net margin against the Consumer Durables & Apparel industry group benchmark.

Operating Margin (TTM)

PulteGroup (PHM) at 15.96% operates in the top operating margin quartile, ahead of Lennar (LEN) at 5.69%, which runs around its industry’s norm.

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%

PHM

Consumer Durables & Apparel industry group

15.96%

Max: 28.97%
PHM: 15.96%
Q3: 14.34%
Median: 8.77%
Q1: 4.05%
Min: -7.88%

Lennar (LEN) vs. PulteGroup (PHM): A comparison of their operating margin against the Consumer Durables & Apparel industry group benchmark.

Profitability Metrics

Profitability metrics for Lennar (LEN) and PulteGroup (PHM)
Metric	LEN	PHM
ROE (TTM)	5.96%	13.86%
ROA (TTM)	3.37%	8.58%
Net Margin (TTM)	4.09%	11.24%
Operating Margin (TTM)	5.69%	15.96%
Gross Margin (TTM)	16.02%	25.32%

Growth

Revenue Growth

Both Lennar (LEN) at -3.54% and PulteGroup (PHM) at -3.54% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Lennar (LEN) vs. PulteGroup (PHM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Lennar (LEN) at -44.23% and PulteGroup (PHM) at -24.30% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Lennar (LEN) vs. PulteGroup (PHM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Lennar (LEN) and PulteGroup (PHM)
Metric	LEN	PHM
Revenue Growth (YoY)	-3.54%	-3.54%
Revenue Growth (3Y CAGR)	0.51%	2.66%
EPS Growth (YoY)	-44.23%	-24.30%
EPS Growth (3Y CAGR)	-20.23%	0.33%

Financial Strength

Current Ratio (MRQ)

Both Lennar (LEN) at 10.14 and PulteGroup (PHM) at 6.99 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.

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

PHM

Consumer Durables & Apparel industry group

6.99

PHM: 6.99
Max: 5.48
Q3: 3.70
Median: 2.10
Q1: 1.64
Min: 0.75

Lennar (LEN) vs. PulteGroup (PHM): A comparison of their current ratio against the Consumer Durables & Apparel industry group benchmark.

Debt / Equity (MRQ)

PulteGroup (PHM) at 0.18 keeps leverage in the lower industry quartile, while Lennar (LEN) at 0.28 runs a more typical debt-to-equity mix.

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

PHM

Consumer Durables & Apparel industry group

0.18

Max: 2.46
Q3: 1.19
Median: 0.45
Q1: 0.23
PHM: 0.18
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for Lennar (LEN) and PulteGroup (PHM)
Metric	LEN	PHM
Current Ratio (MRQ)	10.14	6.99
Debt / Equity (MRQ)	0.28	0.18
Net Debt / EBITDA	2.48	0.40

Dividends

Dividend Yield (TTM)

Both Lennar (LEN) at 2.18% and PulteGroup (PHM) at 0.77% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

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%

PHM

Consumer Durables & Apparel industry group

0.77%

Max: 5.10%
Q3: 2.20%
PHM: 0.77%
Median: 0.77%
Q1: 0.00%
Min: 0.00%

Lennar (LEN) vs. PulteGroup (PHM): A comparison of their dividend yield against the Consumer Durables & Apparel industry group benchmark.

Dividend Payout Ratio (TTM)

Both Lennar (LEN) at 37.88% and PulteGroup (PHM) at 11.11% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

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%

PHM

Consumer Durables & Apparel industry group

11.11%

Max: 96.30%
Q3: 39.57%
PHM: 11.11%
Median: 11.11%
Q1: 0.00%
Min: 0.00%

Lennar (LEN) vs. PulteGroup (PHM): A comparison of their payout ratio against the Consumer Durables & Apparel industry group benchmark.

Dividend Metrics

Dividend metrics for Lennar (LEN) and PulteGroup (PHM)
Metric	LEN	PHM
Dividend Yield (TTM)	2.18%	0.77%
Dividend Payout Ratio (TTM)	37.88%	11.11%

Valuation

P/E Ratio (TTM)

PulteGroup (PHM) at 14.15 sits in the cheaper P/E ratio quartile, while Lennar (LEN) at 16.81 is closer to its industry’s usual earnings multiple — a discount for PHM, though growth and earnings durability still matter.

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

PHM

Consumer Durables & Apparel industry group

14.15

Max: 40.20
Q3: 25.33
Median: 17.52
Q1: 14.50
PHM: 14.15
Min: 5.29

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

P/S Ratio (TTM)

On P/S ratio, both Lennar (LEN) at 0.66 and PulteGroup (PHM) at 1.58 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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

PHM

Consumer Durables & Apparel industry group

1.58

Max: 3.32
Q3: 1.74
PHM: 1.58
Median: 1.02
Q1: 0.56
Min: 0.01

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

P/B Ratio (MRQ)

Lennar (LEN) at 0.98 sits in the lower P/B ratio quartile against book while PulteGroup (PHM) at 1.87 is valued near its industry’s middle — LEN is cheaper on assets, though weigh it against ROE and asset quality.

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

PHM

Consumer Durables & Apparel industry group

1.87

Max: 8.35
Q3: 4.28
Median: 2.11
PHM: 1.87
Q1: 1.09
Min: 0.49

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

Valuation Metrics

Valuation metrics for Lennar (LEN) and PulteGroup (PHM)
Metric	LEN	PHM
P/E Ratio (TTM)	16.81	14.15
P/S Ratio (TTM)	0.66	1.58
P/B Ratio (MRQ)	0.98	1.87
Free Cash Flow Yield (TTM)	5.81%	3.35%