LEN vs. CSU.TO

Last updated Jun 13, 2026

LEN (Lennar Corporation) and CSU.TO (Constellation Software Inc.) are both stocks. LEN operates in Residential Construction (Consumer Cyclical), while CSU.TO operates in Software - Application (Technology). Over the past 10 years, LEN returned 8.72%/yr vs 18.61%/yr for CSU.TO. At a 0.19 correlation, their price movements are largely independent.

Performance

LEN vs. CSU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lennar Corporation (LEN) and Constellation Software Inc. (CSU.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

LEN is traded in USD, while CSU.TO is traded in CAD. To make them comparable, the CSU.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, LEN achieves a -11.30% return, which is significantly higher than CSU.TO's -13.14% return. Over the past 10 years, LEN has underperformed CSU.TO with an annualized return of 8.72%, while CSU.TO has yielded a comparatively higher 18.61% annualized return.

LEN

• 1D: -4.90%
• 1M: 5.92%
• YTD: -11.30%
• 6M: -23.61%
• 1Y: -15.32%
• 3Y*: -5.58%
• 5Y*: 1.66%
• 10Y*: 8.72%

CSU.TO

• 1D: -4.56%
• 1M: 13.22%
• YTD: -13.14%
• 6M: -12.17%
• 1Y: -41.00%
• 3Y*: 0.71%
• 5Y*: 7.49%
• 10Y*: 18.61%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LEN vs. CSU.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LEN Lennar Corporation	-11.30%	-20.80%	-7.32%	66.92%	-20.64%	53.99%	37.97%	42.96%	-37.91%	50.28%
CSU.TO Constellation Software Inc.	-13.14%	-22.07%	24.91%	59.50%	-15.08%	42.35%	34.75%	53.68%	6.27%	34.81%

Correlation

The correlation between LEN and CSU.TO is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (10Y) Calculated over the trailing 10-year period	0.21
Correlation (All Time) Calculated using the full available price history since May 29, 2006	0.19

The correlation between LEN and CSU.TO shifts across timeframes, from 0.04 (1 year) to 0.26 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap LEN : $21.91B CSU.TO : CA$61.96B
EPS LEN : $7.91 CSU.TO : $34.85
PE Ratio LEN : 11.42 CSU.TO : 60.01
PS Ratio LEN : 0.69 CSU.TO : 3.65
Total Revenue (TTM) LEN : $32.74B CSU.TO : $12.15B
Gross Profit (TTM) LEN : $1.72B CSU.TO : $5.28B
EBITDA (TTM) LEN : $2.36B CSU.TO : $3.23B

Return for Risk

LEN vs. CSU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LEN

LEN Risk / Return Rank: 24
LEN Sharpe Ratio Rank: 22
LEN Sortino Ratio Rank: 21
LEN Omega Ratio Rank: 22
LEN Calmar Ratio Rank: 28
LEN Martin Ratio Rank: 28

CSU.TO

CSU.TO Risk / Return Rank: 11
CSU.TO Sharpe Ratio Rank: 6
CSU.TO Sortino Ratio Rank: 7
CSU.TO Omega Ratio Rank: 9
CSU.TO Calmar Ratio Rank: 15
CSU.TO Martin Ratio Rank: 18

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LEN vs. CSU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lennar Corporation (LEN) and Constellation Software Inc. (CSU.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LEN	CSU.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.48	-1.01	+0.53
Sortino ratio: Return per unit of downside risk	-0.49	-1.46	+0.97
Omega ratio: Gain probability vs. loss probability	0.94	0.83	+0.11
Calmar ratio: Return relative to maximum drawdown	-0.44	-0.76	+0.32
Martin ratio: Return relative to average drawdown	-0.81	-1.14	+0.33

LEN vs. CSU.TO - Sharpe Ratio Comparison

The current LEN Sharpe Ratio is -0.48, which is higher than the CSU.TO Sharpe Ratio of -1.01. The chart below compares the historical Sharpe Ratios of LEN and CSU.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LEN vs. CSU.TO - Drawdown Comparison

The maximum LEN drawdown since its inception was -94.28%, which is greater than CSU.TO's maximum drawdown of -55.74%. Use the drawdown chart below to compare losses from any high point for LEN and CSU.TO.

Drawdown Indicators

	LEN	CSU.TO	Difference
Max Drawdown Largest peak-to-trough decline	-94.28%	-55.74%	-38.54%
Max Drawdown (1Y) Largest decline over 1 year	-41.39%	-55.24%	+13.85%
Max Drawdown (3Y) Largest decline over 3 years	-54.51%	-55.74%	+1.23%
Max Drawdown (5Y) Largest decline over 5 years	-54.51%	-55.74%	+1.23%
Max Drawdown (10Y) Largest decline over 10 years	-58.80%	-55.74%	-3.06%
Current Drawdown Current decline from peak	-50.08%	-44.04%	-6.04%
Average Drawdown Average peak-to-trough decline	-26.30%	-7.66%	-18.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.15%	36.71%	-14.56%

Volatility

LEN vs. CSU.TO - Volatility Comparison

The current volatility for Lennar Corporation (LEN) is 11.71%, while Constellation Software Inc. (CSU.TO) has a volatility of 14.18%. This indicates that LEN experiences smaller price fluctuations and is considered to be less risky than CSU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LEN	CSU.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.71%	14.18%	-2.47%
Volatility (6M) Calculated over the trailing 6-month period	26.94%	34.30%	-7.36%
Volatility (1Y) Calculated over the trailing 1-year period	37.85%	41.57%	-3.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.61%	29.09%	+5.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.31%	28.07%	+9.24%

Dividends

LEN vs. CSU.TO - Dividend Comparison

LEN's dividend yield for the trailing twelve months is around 2.21%, more than CSU.TO's 0.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSU.TO Constellation Software Inc.	0.19%	0.17%	0.12%	0.16%	0.24%	0.17%	0.32%	1.85%	0.50%	0.57%	0.71%	0.81%
LEN Lennar Corporation	2.21%	1.95%	1.47%	1.01%	1.66%	0.86%	0.82%	0.29%	0.41%	0.25%	0.37%	0.33%

Financials

LEN vs. CSU.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Lennar Corporation and Constellation Software Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

LEN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lennar Corporation reported a gross profit of -390.70M and revenue of 7.94B. Therefore, the gross margin over that period was -4.9%.

CSU.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Constellation Software Inc. reported a gross profit of 731.81M and revenue of 3.13B. Therefore, the gross margin over that period was 23.4%.

LEN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lennar Corporation reported an operating income of 629.34M and revenue of 7.94B, resulting in an operating margin of 7.9%.

CSU.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Constellation Software Inc. reported an operating income of 451.48M and revenue of 3.13B, resulting in an operating margin of 14.4%.

LEN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lennar Corporation reported a net income of 656.43M and revenue of 7.94B, resulting in a net margin of 8.3%.

CSU.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Constellation Software Inc. reported a net income of 360.99M and revenue of 3.13B, resulting in a net margin of 11.5%.

Frequently Asked Questions

Can I hold both LEN and CSU.TO in my portfolio?

LEN and CSU.TO have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.