LEN vs TPC
Lennar Corp. and Tutor Perini Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LEN | TPC |
|---|---|---|
| Revenue | $34.2B | $5.5B |
| Net income | $2.1B | $80.4M |
| Gross margin | · | 11.7% |
| Net margin | 6.2% | 2.6% |
| Return on equity | 8.3% | 6.8% |
| Diluted EPS | · | $1.51 |
| Dividend / share | · | $0.06 |
| Payout ratio | 25.1% | 3.9% |
| Free cash flow | $28.2M | $567.2M |
| Equity | $22.0B | $1.2B |
| Net debt / equity | 0.10× | −0.27× |
| Current ratio | · | 1.27× |
| Revenue CAGR 5y | 8.7% | 0.8% |
| Profit CAGR 5y | −3.4% | −5.8% |
LEN bills 6.2× the revenue of TPC, and keeps more of each dollar of revenue as profit (6.2% against 2.6%).
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 | TPC |
|---|---|---|
| FY2025 | $34.2B | $5.5B |
| FY2024 | $35.4B | $4.3B |
| FY2023 | $34.2B | $3.9B |
| FY2022 | $33.7B | $3.8B |
| FY2021 | $27.1B | $4.6B |
| FY2020 | $22.5B | $5.3B |
| FY2019 | $22.3B | $4.5B |
| FY2018 | $20.6B | $4.5B |
| FY2017 | $12.6B | $4.8B |
| FY2016 | $10.9B | $5.0B |
Bottom line
| Fiscal year | LEN | TPC |
|---|---|---|
| FY2025 | $2.1B | $80.4M |
| FY2024 | $3.9B | $-163.7M |
| FY2023 | $3.9B | $-171.2M |
| FY2022 | $4.6B | $-210.0M |
| FY2021 | $4.4B | $91.9M |
| FY2020 | $2.5B | $108.4M |
| FY2019 | $1.8B | $-387.7M |
| FY2018 | $1.7B | $83.4M |
| FY2017 | $810.5M | $148.4M |
| FY2016 | $911.8M | $95.8M |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$28,643,895,000 | LEN |
| FY2024 | +$31,114,530,000 | LEN |
| FY2023 | +$30,353,139,000 | LEN |
| FY2022 | +$29,880,255,000 | LEN |
| FY2021 | +$22,488,846,000 | LEN |
| FY2020 | +$17,170,091,000 | LEN |
| FY2019 | +$17,808,729,000 | LEN |
| FY2018 | +$16,116,969,000 | LEN |
| FY2017 | +$7,889,157,000 | LEN |
| FY2016 | +$5,976,923,000 | LEN |
LEN has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +3.6 pp | LEN |
| FY2024 | +14.0 pp | LEN |
| FY2023 | +14.9 pp | LEN |
| FY2022 | +18.9 pp | LEN |
| FY2021 | +13.5 pp | LEN |
| FY2020 | +8.1 pp | LEN |
| FY2019 | +16.4 pp | LEN |
| FY2018 | +6.2 pp | LEN |
| FY2017 | +2.9 pp | LEN |
| FY2016 | +6.4 pp | LEN |
LEN has kept the higher net margin in every one of these 10 fiscal years.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TPC's net margin has been more volatile than LEN's over the 10 comparable fiscal years — 3.9 percentage points of standard deviation against 3.1.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
LEN led in net margin in every one of the 10 comparable fiscal years — a structural lead, not a recent swing.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TPC's return on equity has been more volatile than LEN's over the 17 comparable fiscal years — 11.3 percentage points of standard deviation against 8.7.
17 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 TPC over these 17 fiscal years — LEN led in 14 and TPC in 3.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.