TOL vs. LEN
TOL (Toll Brothers, Inc.) and LEN (Lennar Corporation) are both stocks. Both operate in the Residential Construction industry within the Consumer Cyclical sector. Over the past 10 years, TOL returned 20.27%/yr vs 8.57%/yr for LEN. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
TOL vs. LEN - Performance Comparison
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Returns By Period
In the year-to-date period, TOL achieves a 12.77% return, which is significantly higher than LEN's -14.11% return. Over the past 10 years, TOL has outperformed LEN with an annualized return of 20.27%, while LEN has yielded a comparatively lower 8.57% annualized return.
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
- 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 vs. LEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TOL Toll Brothers, Inc. | 12.77% | 8.28% | 23.45% | 108.62% | -29.97% | 68.43% | 11.53% | 21.40% | -30.69% | 55.85% |
LEN Lennar Corporation | -14.11% | -20.80% | -7.32% | 66.92% | -20.64% | 53.99% | 37.97% | 42.96% | -37.91% | 50.28% |
Correlation
The correlation between TOL and LEN 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 TOL and LEN shifts across timeframes, from 0.62 (all time) to 0.87 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TOL:
$14.60B
LEN:
$21.21B
TOL:
$13.19
LEN:
$7.91
TOL:
11.52
LEN:
11.06
TOL:
2.33
LEN:
0.66
TOL:
$6.37B
LEN:
$32.74B
TOL:
$2.71B
LEN:
$1.72B
TOL:
$1.76B
LEN:
$2.36B
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Return for Risk
TOL vs. LEN — Risk / Return Rank
TOL
LEN
TOL vs. LEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Toll Brothers, Inc. (TOL) and Lennar Corporation (LEN). 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.
| TOL | LEN | 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 | 1.23 | 0.95 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | -0.40 | +2.05 |
| Martin ratioReturn relative to average drawdown | 4.09 | -0.72 | +4.81 |
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Drawdowns
TOL vs. LEN - Drawdown Comparison
The maximum TOL drawdown since its inception was -76.39%, smaller than the maximum LEN drawdown of -94.28%. Use the drawdown chart below to compare losses from any high point for TOL and LEN.
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Drawdown Indicators
| TOL | LEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.39% | -94.28% | +17.89% |
Max Drawdown (1Y)Largest decline over 1 year | -25.13% | -41.39% | +16.26% |
Max Drawdown (3Y)Largest decline over 3 years | -45.97% | -54.51% | +8.54% |
Max Drawdown (5Y)Largest decline over 5 years | -45.97% | -54.51% | +8.54% |
Max Drawdown (10Y)Largest decline over 10 years | -73.11% | -58.80% | -14.31% |
Current DrawdownCurrent decline from peak | -8.38% | -51.66% | +43.28% |
Average DrawdownAverage peak-to-trough decline | -32.25% | -26.31% | -5.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.13% | 22.73% | -12.60% |
Volatility
TOL vs. LEN - Volatility Comparison
Toll Brothers, Inc. (TOL) and Lennar Corporation (LEN) 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
| TOL | LEN | 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 | 25.99% | 27.14% | -1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.94% | 37.85% | -2.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.14% | 34.65% | +1.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.20% | 37.37% | +3.83% |
Dividends
TOL vs. LEN - Dividend Comparison
TOL's dividend yield for the trailing twelve months is around 0.66%, less than LEN's 2.29% 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
TOL vs. LEN - Financials Comparison
This section allows you to compare key financial metrics between Toll Brothers, Inc. and Lennar Corporation. 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
TOL vs. LEN - Profitability Comparison
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 - 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 - 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 - 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 - 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%.
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%.
Frequently Asked Questions
TOL and LEN 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.
LEN has higher volatility (11.44%) compared to TOL (11.44%). In terms of maximum drawdown, TOL dropped -76.39% vs LEN's -94.28%.
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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