DHI vs LEN

D. R. Horton (DHI) and Lennar (LEN) compared side by side. D. R. Horton (DHI) is larger, with a market cap of $41.3B versus $20.2B for Lennar, about 2.0 times the size. On trailing earnings, DHI is cheaper at 14.1x versus 16.1x for LEN.

Head to head

MetricDHILEN
Market cap$41.3B$20.2B
P/E (TTM)14.1x16.1x
Forward P/E13.2x16.3x
Revenue (TTM)$33.4B$32.0B
Revenue growth0.0%-8.7%
Gross margin21.3%16.0%
Operating margin13.0%5.7%
Free cash flow$3.2B$811.3M
Dividend yield1.22%2.36%
1-year return-5.9%-31.8%
5-year return (annual)+11.9%-1.0%
Max drawdown-89%-94%
FI Handbook gradeB-C-

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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DHILEN

DHI vs LEN FAQ

Which is bigger, DHI or LEN?

D. R. Horton (DHI) is larger, with a market cap of $41.3B versus $20.2B for Lennar, about 2.0 times the size.

Is DHI or LEN cheaper?

On trailing earnings, DHI is cheaper at 14.1x 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, DHI or LEN?

DHI returned -5.9% over the past year including dividends, versus -31.8% for LEN, through October 23, 2026.

Which pays a higher dividend, DHI or LEN?

LEN yields 2.36% versus 1.22% for DHI.

Full pages: D. R. Horton · Lennar