Lennar Corporation (LEN) vs Ulta Beauty, Inc. (ULTA)

ULTA leads on 13 of 16 compared metrics, though LEN is the cheaper stock.

A side-by-side comparison of Lennar Corporation and Ulta Beauty, 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 ULTA

growth of $100 · last 19y
LEN +314.2%ULTA +1544.1%ULTA compounded faster
05001k2k2k3kStart $1002011201520192023$414$1,644
LEN ULTA

LEN vs ULTA: by the numbers

  • LEN is the larger company ($23.22B vs $21.09B market cap).
  • LEN trades at the lower earnings multiple (14.64 vs 18.20 P/E).
  • ULTA converts more revenue to profit (9.36% vs 4.94% net margin).
  • ULTA grew revenue faster over the past five years (12.93% vs 6.01% CAGR).
  • LEN pays a dividend (2.14% yield) while ULTA does not currently pay one.

Which is better, LEN or ULTA?

Metric tally: LEN 3 · ULTA 13

It depends on what you're optimizing for:

ValueLEN(lower P/E)
GrowthULTA(faster 5Y revenue CAGR)
QualityULTA(higher ROIC)

Metrics side by side

Valuation

MetricLENULTA
P/E ratio14.6418.20
Forward P/E16.5915.20
P/S ratio0.691.68
P/B ratio1.058.27
PEG ratio58.5422.87
EV / EBITDA13.0612.34
FCF yield0.06%4.91%

Profitability

MetricLENULTA
Gross margin7.95%39.33%
Operating margin6.02%12.54%
Net margin4.94%9.36%
ROE7.49%46.06%
ROIC6.62%22.76%

Dividends

MetricLENULTA
Dividend yield2.14%
Payout ratio25.06%

Growth (annualized)

MetricLENULTA
Revenue CAGR (5Y)6.01%12.93%
EPS CAGR (5Y)0.25%52.49%
FCF CAGR (5Y)-67.59%0.55%
Total return CAGR (5Y)0.75%7.04%

Frequently asked

Which is better, LEN or ULTA?
It depends on your goal. value: LEN (lower P/E); growth: ULTA (faster 5Y revenue CAGR); quality: ULTA (higher ROIC). Across all compared metrics, ULTA leads 13 to 3.
Is LEN or ULTA cheaper?
On trailing earnings, LEN is cheaper: LEN trades at a 14.64 P/E and ULTA at 18.20.
Which has grown faster, LEN or ULTA?
Over the past five years, ULTA grew revenue faster — LEN at a 6.01% CAGR versus ULTA at 12.93%.
Does LEN or ULTA pay a bigger dividend?
LEN pays a dividend (2.14% yield) while ULTA does not currently pay one.
Is LEN or ULTA more profitable?
ULTA runs the higher net margin — LEN at 4.94% versus ULTA at 9.36%.
Which has been the better investment, LEN or ULTA?
Over the past 10-year, LEN delivered the higher annualized total return — LEN at 8.74% versus ULTA at 7.44%. 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.