Lennar Corporation (LEN) vs NVR, Inc. (NVR)

A side-by-side comparison of Lennar Corporation and NVR, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnLEN vs NVR

growth of $100 · dividends reinvested · last 10y
LEN +99.5% (+7.2%/yr)NVR +271.8% (+14.0%/yr)NVR compounded faster over this window
200400600Start $10020182020202220242026$200$372
LEN NVR

LEN vs NVR: by the numbers

  • LEN is the larger company ($20.36B vs $17.00B market cap).
  • LEN trades at the lower trailing earnings multiple (12.83 vs 16.36 P/E), one valuation lens rather than an overall verdict.
  • NVR converts more revenue to profit (12.11% vs 4.94% net margin).
  • LEN grew revenue faster over the past five years (6.01% vs 1.69% CAGR).
  • LEN pays a dividend (2.51% yield), while NVR is a former payer with no current dividend run rate.

Metrics side by side

Valuation

MetricLENNVR
P/E ratio12.8316.36
Forward P/E14.9717.44
P/S ratio0.621.80
P/B ratio0.945.01
EV / EBITDA11.7411.77
FCF yield4.04%6.16%

Profitability

MetricLENNVR
Gross margin7.95%22.24%
Operating margin6.02%14.91%
Net margin4.94%12.11%
ROE7.49%33.66%
ROIC4.62%24.34%

Dividends

MetricLENNVR
Dividend yield2.51%N/A
Payout ratio31.30%N/A

Growth (annualized)

MetricLENNVR
Revenue CAGR (5Y)6.01%1.69%
EPS CAGR (5Y)0.25%13.61%
FCF CAGR (5Y)-25.28%3.82%
Total return CAGR (5Y)-2.89%3.72%

Frequently asked

Which has the lower trailing P/E, LEN or NVR?
LEN has the lower trailing P/E: LEN trades at 12.83 and NVR at 16.36. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, LEN or NVR?
Over the past five years, LEN grew revenue faster — LEN at a 6.01% CAGR versus NVR at 1.69%.
Does LEN or NVR pay a bigger dividend?
LEN pays a dividend (2.51% yield), while NVR is a former payer with no current dividend run rate.
Is LEN or NVR more profitable?
NVR runs the higher net margin — LEN at 4.94% versus NVR at 12.11%.
How have LEN and NVR total returns compared?
Over the past 10 years, LEN delivered 6.95% and NVR delivered 13.97% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.