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.
LEN
Lennar Corporation
$82.01Consumer CyclicalDelayed quote: Sep 23, 2026, 1:55 PM EDT
NVR
NVR, Inc.
$6,297.61Consumer CyclicalDelayed quote: Sep 23, 2026, 1:55 PM EDT
Total return — LEN vs NVR
growth of $100 · dividends reinvested · last 10yLEN +99.5% (+7.2%/yr)NVR +271.8% (+14.0%/yr)NVR compounded faster over this window
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
| Metric | LEN | NVR |
|---|---|---|
| P/E ratio | 12.83 | 16.36 |
| Forward P/E | 14.97 | 17.44 |
| P/S ratio | 0.62 | 1.80 |
| P/B ratio | 0.94 | 5.01 |
| EV / EBITDA | 11.74 | 11.77 |
| FCF yield | 4.04% | 6.16% |
Profitability
| Metric | LEN | NVR |
|---|---|---|
| Gross margin | 7.95% | 22.24% |
| Operating margin | 6.02% | 14.91% |
| Net margin | 4.94% | 12.11% |
| ROE | 7.49% | 33.66% |
| ROIC | 4.62% | 24.34% |
Dividends
| Metric | LEN | NVR |
|---|---|---|
| Dividend yield | 2.51% | N/A |
| Payout ratio | 31.30% | N/A |
Growth (annualized)
| Metric | LEN | NVR |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Lennar P/E ratioNVR P/E ratioLennar dividend yieldLennar ROENVR ROELennar operating marginNVR operating marginLennar revenue growthNVR revenue growthLennar free cash flowNVR free cash flow
Lennar & NVR appear in these rankings
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.