LEN vs NVR
Lennar Corp. and NVR Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LEN | NVR |
|---|---|---|
| Revenue | $34.2B | $10.3B |
| Net income | $2.1B | $1.3B |
| Gross margin | · | · |
| Net margin | 6.2% | 13.0% |
| Return on equity | 8.3% | 33.2% |
| Diluted EPS | · | $436.55 |
| Dividend / share | · | · |
| Payout ratio | 25.1% | · |
| Free cash flow | $28.2M | $1.1B |
| Equity | $22.0B | $3.9B |
| Net debt / equity | 0.10× | · |
| Current ratio | · | · |
| Revenue CAGR 5y | 8.7% | 6.5% |
| Profit CAGR 5y | −3.4% | 8.3% |
LEN bills 3.3× the revenue of NVR, and NVR keeps more of each dollar of revenue as profit (13.0% against 6.2%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | LEN | NVR |
|---|---|---|
| FY2025 | $34.2B | $10.3B |
| FY2024 | $35.4B | $10.5B |
| FY2023 | $34.2B | $9.5B |
| FY2022 | $33.7B | $10.5B |
| FY2021 | $27.1B | $9.0B |
| FY2020 | $22.5B | $7.5B |
| FY2019 | $22.3B | $7.4B |
| FY2018 | $20.6B | $7.2B |
| FY2017 | $12.6B | $6.3B |
| FY2016 | $10.9B | $5.8B |
Bottom line
| Fiscal year | LEN | NVR |
|---|---|---|
| FY2025 | $2.1B | $1.3B |
| FY2024 | $3.9B | $1.7B |
| FY2023 | $3.9B | $1.6B |
| FY2022 | $4.6B | $1.7B |
| FY2021 | $4.4B | $1.2B |
| FY2020 | $2.5B | $901.2M |
| FY2019 | $1.8B | $878.5M |
| FY2018 | $1.7B | $797.2M |
| FY2017 | $810.5M | $537.5M |
| FY2016 | $911.8M | $425.3M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$23,862,975,000 | LEN |
| FY2024 | +$24,916,973,000 | LEN |
| FY2023 | +$24,715,164,000 | LEN |
| FY2022 | +$23,144,576,000 | LEN |
| FY2021 | +$18,179,651,000 | LEN |
| FY2020 | +$14,951,931,000 | LEN |
| FY2019 | +$14,870,897,000 | LEN |
| FY2018 | +$13,407,957,000 | LEN |
| FY2017 | +$6,340,525,000 | LEN |
| FY2016 | +$5,127,455,000 | LEN |
| FY2015 | +$4,315,000,000 | LEN |
| FY2014 | +$3,335,244,000 | LEN |
| FY2013 | +$1,723,828,000 | LEN |
| FY2012 | +$920,482,000 | LEN |
| FY2011 | +$436,236,000 | LEN |
| FY2010 | +$32,130,000 | LEN |
| FY2009 | +$375,539,000 | LEN |
LEN has reported the higher revenue in every one of these 17 fiscal years. The gap has widened since the earliest year compared.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −6.8 pp | NVR |
| FY2024 | −4.8 pp | NVR |
| FY2023 | −5.2 pp | NVR |
| FY2022 | −2.6 pp | NVR |
| FY2021 | +2.6 pp | LEN |
| FY2020 | −1.0 pp | NVR |
| FY2019 | −3.6 pp | NVR |
| FY2018 | −2.8 pp | NVR |
| FY2017 | −2.4 pp | NVR |
| FY2016 | +1.0 pp | LEN |
| FY2015 | +1.2 pp | LEN |
| FY2014 | +1.7 pp | LEN |
| FY2013 | +2.2 pp | LEN |
| FY2012 | +10.3 pp | LEN |
| FY2011 | −1.2 pp | NVR |
| FY2010 | −2.9 pp | NVR |
| FY2009 | −21.3 pp | NVR |
The higher net margin has changed hands between LEN and NVR over this period.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LEN's net margin has been more volatile than NVR's over the 17 comparable fiscal years — 6.6 percentage points of standard deviation against 3.9.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between LEN and NVR over these 17 fiscal years — LEN led in 6 and NVR in 11.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LEN's return on equity has been more volatile than NVR's over the 18 comparable fiscal years — 14.6 percentage points of standard deviation against 13.8.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between LEN and NVR over these 18 fiscal years — LEN led in 1 and NVR in 17.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.