Residential construction
13 companies · $134B combined revenue · $11.5B operating profit
The typical US-listed residential construction company grew revenue -1% and earnings -17.9% in its latest year, at a 10.8% operating margin, and 4 of 5 earn a return on capital above 15%. Figures from each company's latest annual filing with the SEC, refreshed daily.
Growth engines: the 4 Cylinders
All four working: 0% of companiesA company's earnings per share can grow in only four ways: more sales, profits growing faster than sales (operating leverage), wider margins, and less debt. Each bar is the share of companies where that engine worked in their latest year.
- Sales growth · Revenue up 10% or more15%
- Operating leverage · Operating income growing faster than a growing revenue30%
- Margin expansion · Operating margin up 1 point or more0%
- Debt reduction · Debt down 5% or more, or net cash38%
Combined revenue · 13 companies reporting in US dollars
Combined operating margin
All 13 companies
| Median | – | -1% | -17.9% | 10.8% | 19.8% | 0.22x |
| DHIHorton D R | $34.3B | -6.9%▼ | -24.6%▼ | 13.8%▲ | – | – |
| PHMPultegroup | $17.3B | -3.5%▼ | -28%▼ | – | – | 0.00x▲ |
| LENLennar | $34.2B | -3.5%▼ | -47.2%▼ | 7.8%▼ | – | 0.27x▼ |
| NVRNVR | $10.3B | -1.9%▼ | -20.3%▼ | – | – | – |
| TOLToll Brothers | $11.0B | 1.1%▲ | -14.3%▲ | 15.7%▲ | – | – |
| ECGEverus Construction | $3.7B | 31.5%▲ | 40.7%▲ | 7.1%▼ | 26.7%▲ | 0.45x▼ |
| IBPInstalled Building Products | $3.0B | 1%▲ | 3.4%▲ | 13%▲ | 22.4%▲ | 1.25x▼ |
| SKYChampion Homes | $2.7B | 7.3%▲ | 4.3%▲ | 9.5%▼ | 15%▼ | 0.02x▲ |
| GEOGEO | $2.6B | 8.6%▲ | 696%▲ | 9.8%▼ | 7.4%▼ | 1.10x▼ |
| CVCOCavco Industries | $2.2B | 11.4%▲ | 11.4%▲ | 10.2%▼ | 19.8% | 0.01x▲ |
| MHOM/I Homes | $4.4B | -1.9%▼ | -28.5%▼ | 11.5%▲ | – | – |
| GRBKGreen Brick Partners | $2.0B | -1% | -17.9% | 21.5%▲ | – | 0.17x▲ |
| KBHKB Home | $6.2B | -10%▼ | -34.5%▼ | – | – | – |
▲ better than the median, ▼ worse. n/a: the ratio doesn't apply to that kind of business (e.g. a bank's operating margin). Sort by any column. Figures from each company's latest 10-K (or 20-F/40-F).