Lennar Corporation (LEN) vs PulteGroup, Inc. (PHM)

PHM leads on 14 of 17 compared metrics.

A side-by-side comparison of Lennar Corporation and PulteGroup, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 27, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — LEN vs PHM

growth of $100 · last 30y
LEN +1495.9%PHM +3932.6%PHM compounded faster
01k2k3k4kStart $100200120062011201620212026$1,596$4,033
LEN PHM

LEN vs PHM: by the numbers

  • PHM is the larger company ($26.12B vs $23.22B market cap).
  • PHM trades at the lower earnings multiple (13.13 vs 14.64 P/E).
  • PHM converts more revenue to profit (12.14% vs 4.94% net margin).
  • PHM grew revenue faster over the past five years (7.97% vs 6.01% CAGR).
  • LEN pays the higher dividend yield (2.14% vs 0.77%).

Which is better, LEN or PHM?

Metric tally: LEN 3 · PHM 14

It depends on what you're optimizing for:

ValuePHM(lower P/E)
GrowthPHM(faster 5Y revenue CAGR)
IncomeLEN(higher dividend yield)
QualityPHM(higher ROIC)

Metrics side by side

Valuation

MetricLENPHM
P/E ratio14.6413.13
Forward P/E16.5913.58
P/S ratio0.691.56
P/B ratio1.052.03
PEG ratio58.540.79
EV / EBITDA13.069.37
FCF yield0.06%6.25%

Profitability

MetricLENPHM
Gross margin7.95%26.06%
Operating margin6.02%16.40%
Net margin4.94%12.14%
ROE7.49%15.77%
ROIC6.62%14.25%

Dividends

MetricLENPHM
Dividend yield2.14%0.77%
Payout ratio25.06%9.28%

Growth (annualized)

MetricLENPHM
Revenue CAGR (5Y)6.01%7.97%
EPS CAGR (5Y)0.25%16.65%
FCF CAGR (5Y)-67.59%-0.71%
Total return CAGR (5Y)0.75%21.89%

Frequently asked

Which is better, LEN or PHM?
It depends on your goal. value: PHM (lower P/E); growth: PHM (faster 5Y revenue CAGR); income: LEN (higher dividend yield); quality: PHM (higher ROIC). Across all compared metrics, PHM leads 14 to 3.
Is LEN or PHM cheaper?
On trailing earnings, PHM is cheaper: LEN trades at a 14.64 P/E and PHM at 13.13.
Which has grown faster, LEN or PHM?
Over the past five years, PHM grew revenue faster — LEN at a 6.01% CAGR versus PHM at 7.97%.
Does LEN or PHM pay a bigger dividend?
LEN yields 2.14% and PHM yields 0.77% based on trailing dividends and the latest price.
Is LEN or PHM more profitable?
PHM runs the higher net margin — LEN at 4.94% versus PHM at 12.14%.
Which has been the better investment, LEN or PHM?
Over the past 10-year, PHM delivered the higher annualized total return — LEN at 8.74% versus PHM at 23.71%. 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 June 27, 2026.