LEN vs TMHC
Lennar Corp. and Taylor Morrison Home Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LEN | TMHC |
|---|---|---|
| Revenue | $34.2B | $8.1B |
| Net income | $2.1B | $782.5M |
| Gross margin | · | 23.0% |
| Net margin | 6.2% | 9.7% |
| Return on equity | 8.3% | 12.9% |
| Diluted EPS | · | $7.77 |
| Dividend / share | · | · |
| Payout ratio | 25.1% | · |
| Free cash flow | $28.2M | $777.0M |
| Equity | $22.0B | $6.3B |
| Net debt / equity | 0.10× | 0.23× |
| Current ratio | · | · |
| Revenue CAGR 5y | 8.7% | 5.8% |
| Profit CAGR 5y | −3.4% | 26.3% |
LEN bills 4.2× the revenue of TMHC, and TMHC keeps more of each dollar of revenue as profit (9.7% 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 | TMHC |
|---|---|---|
| FY2025 | $34.2B | $8.1B |
| FY2024 | $35.4B | $8.2B |
| FY2023 | $34.2B | $7.4B |
| FY2022 | $33.7B | $8.2B |
| FY2021 | $27.1B | $7.5B |
| FY2020 | $22.5B | $6.1B |
| FY2019 | $22.3B | $4.8B |
| FY2018 | $20.6B | $4.2B |
| FY2017 | $12.6B | $3.9B |
| FY2016 | $10.9B | $3.6B |
Bottom line
| Fiscal year | LEN | TMHC |
|---|---|---|
| FY2025 | $2.1B | $782.5M |
| FY2024 | $3.9B | $883.3M |
| FY2023 | $3.9B | $768.9M |
| FY2022 | $4.6B | $1.1B |
| FY2021 | $4.4B | $663.0M |
| FY2020 | $2.5B | $243.4M |
| FY2019 | $1.8B | $254.7M |
| FY2018 | $1.7B | $206.4M |
| FY2017 | $810.5M | $91.2M |
| FY2016 | $911.8M | $52.6M |
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$26,065,454,000 | LEN |
| FY2024 | +$27,273,316,000 | LEN |
| FY2023 | +$26,815,535,000 | LEN |
| FY2022 | +$25,446,093,000 | LEN |
| FY2021 | +$19,629,411,000 | LEN |
| FY2020 | +$16,359,534,000 | LEN |
| FY2019 | +$17,497,502,000 | LEN |
| FY2018 | +$16,344,238,000 | LEN |
| FY2017 | +$8,761,075,000 | LEN |
| FY2016 | +$7,399,970,000 | LEN |
| FY2015 | +$6,497,188,000 | LEN |
| FY2014 | +$5,071,380,000 | LEN |
| FY2013 | +$4,019,014,000 | LEN |
| FY2012 | +$3,063,950,000 | LEN |
LEN has reported the higher revenue in every one of these 14 fiscal years. The gap has widened since the earliest year compared.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −3.6 pp | TMHC |
| FY2024 | +0.3 pp | LEN |
| FY2023 | +1.2 pp | LEN |
| FY2022 | +1.0 pp | LEN |
| FY2021 | +7.3 pp | LEN |
| FY2020 | +6.9 pp | LEN |
| FY2019 | +2.9 pp | LEN |
| FY2018 | +3.4 pp | LEN |
| FY2017 | +1.6 pp | LEN |
| FY2016 | +2.5 pp | LEN |
| FY2015 | +1.0 pp | LEN |
| FY2014 | −1.8 pp | TMHC |
| FY2013 | +3.5 pp | LEN |
| FY2012 | −25.4 pp | TMHC |
The higher net margin has changed hands between LEN and TMHC over this period.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TMHC's net margin has been more volatile than LEN's over the 14 comparable fiscal years — 9.1 percentage points of standard deviation against 3.2.
14 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 TMHC over these 14 fiscal years — LEN led in 11 and TMHC in 3.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TMHC's return on equity has been more volatile than LEN's over the 14 comparable fiscal years — 10.0 percentage points of standard deviation against 4.0.
14 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 TMHC over these 14 fiscal years — LEN led in 9 and TMHC in 5.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.