LEN vs. TOL
LEN (Lennar Corporation) and TOL (Toll Brothers, Inc.) are both stocks. Both operate in the Residential Construction industry within the Consumer Cyclical sector. Over the past 10 years, LEN returned 8.57%/yr vs 20.27%/yr for TOL. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
LEN vs. TOL - Performance Comparison
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Returns By Period
In the year-to-date period, LEN achieves a -14.11% return, which is significantly lower than TOL's 12.77% return. Over the past 10 years, LEN has underperformed TOL with an annualized return of 8.57%, while TOL has yielded a comparatively higher 20.27% annualized return.
LEN
- 1D
- -2.55%
- 1M
- -1.60%
- YTD
- -14.11%
- 6M
- -17.47%
- 1Y
- -16.31%
- 3Y*
- -8.22%
- 5Y*
- 0.11%
- 10Y*
- 8.57%
TOL
- 1D
- -2.41%
- 1M
- 13.09%
- YTD
- 12.77%
- 6M
- 9.18%
- 1Y
- 41.35%
- 3Y*
- 26.98%
- 5Y*
- 23.24%
- 10Y*
- 20.27%
LEN vs. TOL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LEN Lennar Corporation | -14.11% | -20.80% | -7.32% | 66.92% | -20.64% | 53.99% | 37.97% | 42.96% | -37.91% | 50.28% |
TOL Toll Brothers, Inc. | 12.77% | 8.28% | 23.45% | 108.62% | -29.97% | 68.43% | 11.53% | 21.40% | -30.69% | 55.85% |
Correlation
The correlation between LEN and TOL is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 1987 | 0.62 |
The correlation between LEN and TOL shifts across timeframes, from 0.62 (all time) to 0.87 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
LEN:
$21.21B
TOL:
$14.60B
LEN:
$7.91
TOL:
$13.19
LEN:
11.06
TOL:
11.52
LEN:
0.66
TOL:
2.33
LEN:
$32.74B
TOL:
$6.37B
LEN:
$1.72B
TOL:
$2.71B
LEN:
$2.36B
TOL:
$1.76B
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Return for Risk
LEN vs. TOL — Risk / Return Rank
LEN
TOL
LEN vs. TOL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lennar Corporation (LEN) and Toll Brothers, Inc. (TOL). 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 | TOL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -2.47 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.23 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | 1.65 | -2.05 |
| Martin ratioReturn relative to average drawdown | -0.72 | 4.09 | -4.81 |
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Drawdowns
LEN vs. TOL - Drawdown Comparison
The maximum LEN drawdown since its inception was -94.28%, which is greater than TOL's maximum drawdown of -76.39%. Use the drawdown chart below to compare losses from any high point for LEN and TOL.
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Drawdown Indicators
| LEN | TOL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.28% | -76.39% | -17.89% |
Max Drawdown (1Y)Largest decline over 1 year | -41.39% | -25.13% | -16.26% |
Max Drawdown (3Y)Largest decline over 3 years | -54.51% | -45.97% | -8.54% |
Max Drawdown (5Y)Largest decline over 5 years | -54.51% | -45.97% | -8.54% |
Max Drawdown (10Y)Largest decline over 10 years | -58.80% | -73.11% | +14.31% |
Current DrawdownCurrent decline from peak | -51.66% | -8.38% | -43.28% |
Average DrawdownAverage peak-to-trough decline | -26.31% | -32.25% | +5.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.73% | 10.13% | +12.60% |
Volatility
LEN vs. TOL - Volatility Comparison
Lennar Corporation (LEN) and Toll Brothers, Inc. (TOL) have volatilities of 11.44% and 11.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LEN | TOL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.44% | 11.44% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 27.14% | 25.99% | +1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.85% | 34.94% | +2.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.65% | 36.14% | -1.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.37% | 41.20% | -3.83% |
Dividends
LEN vs. TOL - Dividend Comparison
LEN's dividend yield for the trailing twelve months is around 2.29%, more than TOL's 0.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LEN Lennar Corporation | 2.29% | 1.95% | 1.47% | 1.01% | 1.66% | 0.86% | 0.82% | 0.29% | 0.41% | 0.25% | 0.37% | 0.33% |
TOL Toll Brothers, Inc. | 0.66% | 0.72% | 0.71% | 0.81% | 1.54% | 0.86% | 1.01% | 1.11% | 1.25% | 0.50% | 0.00% | 0.00% |
Financials
LEN vs. TOL - Financials Comparison
This section allows you to compare key financial metrics between Lennar Corporation and Toll Brothers, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
LEN vs. TOL - Profitability Comparison
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%.
TOL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Toll Brothers, Inc. reported a gross profit of 568.77M and revenue of -2.15B. Therefore, the gross margin over that period was -26.5%.
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%.
TOL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Toll Brothers, Inc. reported an operating income of 346.64M and revenue of -2.15B, resulting in an operating margin of -16.2%.
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%.
TOL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Toll Brothers, Inc. reported a net income of 260.59M and revenue of -2.15B, resulting in a net margin of -12.2%.
Frequently Asked Questions
LEN and TOL have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TOL has higher volatility (11.44%) compared to LEN (11.44%). In terms of maximum drawdown, LEN dropped -94.28% vs TOL's -76.39%.
TOL currently has the higher Sharpe Ratio (1.19 vs -0.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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