LEN vs PHM

Lennar (LEN) and PulteGroup (PHM) compared side by side. PulteGroup (PHM) is larger, with a market cap of $23.1B versus $20.2B for Lennar, about 1.1 times the size. On trailing earnings, PHM is cheaper at 12.9x versus 16.1x for LEN.

Head to head

MetricLENPHM
Market cap$20.2B$23.1B
P/E (TTM)16.1x12.9x
Forward P/E16.3x12.7x
Revenue (TTM)$32.0B$16.0B
Revenue growth-8.7%-9.8%
Gross margin16.0%25.3%
Operating margin5.7%16.0%
Free cash flow$811.3M$1.5B
Dividend yield2.36%0.86%
1-year return-31.8%+1.1%
5-year return (annual)-1.0%+20.6%
Max drawdown-94%-92%
FI Handbook gradeC-B-

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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LENPHM

LEN vs PHM FAQ

Which is bigger, LEN or PHM?

PulteGroup (PHM) is larger, with a market cap of $23.1B versus $20.2B for Lennar, about 1.1 times the size.

Is LEN or PHM cheaper?

On trailing earnings, PHM is cheaper at 12.9x versus 16.1x for LEN. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, LEN or PHM?

PHM returned +1.1% over the past year including dividends, versus -31.8% for LEN, through October 23, 2026.

Which pays a higher dividend, LEN or PHM?

LEN yields 2.36% versus 0.86% for PHM.

Full pages: Lennar · PulteGroup