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Side-by-side financial comparison of Lennar (LEN) and TE Connectivity (TEL). Click either name above to swap in a different company.
Lennar is the larger business by last-quarter revenue ($6.6B vs $4.7B, roughly 1.4× TE Connectivity). TE Connectivity runs the higher net margin — 18.0% vs 3.5%, a 14.6% gap on every dollar of revenue. On growth, TE Connectivity posted the faster year-over-year revenue change (14.5% vs -13.3%). Over the past eight quarters, TE Connectivity's revenue compounded faster (9.2% CAGR vs -13.1%).
Lennar Corporation is an American home construction company based in Miami-Dade County, Florida. As of 2025, it is the second-largest home construction company in the United States based on the number of homes sold. Lennar has investments in multifamily and single-family residential rental properties, luxury development, property technology with LenX, and mortgage lending from Lennar Mortgage.
TE Connectivity plc is an American-Irish domiciled technology company that designs and manufactures electrical and electronic components. It serves several industries, including automotive, aerospace, defense, medical, and energy.
LEN vs TEL — Head-to-Head
Income Statement — Q2 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $6.6B | $4.7B |
| Net Profit | $229.4M | $855.0M |
| Gross Margin | — | 36.8% |
| Operating Margin | — | 20.1% |
| Net Margin | 3.5% | 18.0% |
| Revenue YoY | -13.3% | 14.5% |
| Net Profit YoY | -55.8% | 58.0% |
| EPS (diluted) | $0.93 | $2.90 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $6.6B | $4.7B | ||
| Q4 25 | $9.4B | $4.7B | ||
| Q3 25 | $8.8B | $4.7B | ||
| Q2 25 | $8.4B | $4.5B | ||
| Q1 25 | $7.6B | $4.1B | ||
| Q4 24 | $9.9B | $3.8B | ||
| Q3 24 | $9.4B | $4.1B | ||
| Q2 24 | $8.8B | $4.0B |
| Q1 26 | $229.4M | $855.0M | ||
| Q4 25 | $490.2M | $750.0M | ||
| Q3 25 | $591.0M | $663.0M | ||
| Q2 25 | $477.4M | $638.0M | ||
| Q1 25 | $519.5M | $13.0M | ||
| Q4 24 | $1.1B | $528.0M | ||
| Q3 24 | $1.2B | $276.0M | ||
| Q2 24 | $954.3M | $573.0M |
| Q1 26 | — | 36.8% | ||
| Q4 25 | — | 37.2% | ||
| Q3 25 | — | 35.0% | ||
| Q2 25 | — | 35.3% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 35.5% | ||
| Q3 24 | — | 34.0% | ||
| Q2 24 | — | 34.8% |
| Q1 26 | — | 20.1% | ||
| Q4 25 | 7.3% | 20.6% | ||
| Q3 25 | 9.0% | 19.3% | ||
| Q2 25 | 7.7% | 18.9% | ||
| Q1 25 | 9.1% | 18.1% | ||
| Q4 24 | 14.7% | 18.0% | ||
| Q3 24 | 16.3% | 16.0% | ||
| Q2 24 | 14.4% | 19.0% |
| Q1 26 | 3.5% | 18.0% | ||
| Q4 25 | 5.2% | 16.1% | ||
| Q3 25 | 6.7% | 14.0% | ||
| Q2 25 | 5.7% | 14.1% | ||
| Q1 25 | 6.8% | 0.3% | ||
| Q4 24 | 11.0% | 13.8% | ||
| Q3 24 | 12.3% | 6.8% | ||
| Q2 24 | 10.9% | 14.4% |
| Q1 26 | $0.93 | $2.90 | ||
| Q4 25 | — | $2.53 | ||
| Q3 25 | $2.29 | $2.23 | ||
| Q2 25 | $1.81 | $2.14 | ||
| Q1 25 | $1.96 | $0.04 | ||
| Q4 24 | $4.03 | $1.75 | ||
| Q3 24 | $4.26 | $0.96 | ||
| Q2 24 | $3.45 | $1.86 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.1B | $1.1B |
| Total DebtLower is stronger | — | $5.7B |
| Stockholders' EquityBook value | $21.9B | $13.2B |
| Total Assets | $33.2B | $25.7B |
| Debt / EquityLower = less leverage | — | 0.43× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.1B | $1.1B | ||
| Q4 25 | $3.8B | $1.3B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $672.0M | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | $4.9B | $1.3B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.5B |
| Q1 26 | — | $5.7B | ||
| Q4 25 | $5.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $4.2B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $21.9B | $13.2B | ||
| Q4 25 | $22.0B | $13.0B | ||
| Q3 25 | $22.6B | $12.6B | ||
| Q2 25 | $22.6B | $12.4B | ||
| Q1 25 | $22.7B | $12.1B | ||
| Q4 24 | $27.9B | $12.4B | ||
| Q3 24 | $27.4B | $12.4B | ||
| Q2 24 | $26.9B | $12.6B |
| Q1 26 | $33.2B | $25.7B | ||
| Q4 25 | $34.4B | $25.6B | ||
| Q3 25 | $34.9B | $25.1B | ||
| Q2 25 | $34.4B | $24.9B | ||
| Q1 25 | $35.0B | $23.7B | ||
| Q4 24 | $41.3B | $22.4B | ||
| Q3 24 | $39.7B | $22.9B | ||
| Q2 24 | $38.7B | $22.9B |
| Q1 26 | — | 0.43× | ||
| Q4 25 | 0.27× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.15× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $947.0M |
| Free Cash FlowOCF − Capex | — | $680.0M |
| FCF MarginFCF / Revenue | — | 14.3% |
| Capex IntensityCapex / Revenue | — | 5.7% |
| Cash ConversionOCF / Net Profit | — | 1.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | $3.4B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $947.0M | ||
| Q4 25 | $1.8B | $865.0M | ||
| Q3 25 | $-158.6M | $1.4B | ||
| Q2 25 | $-1.1B | $1.2B | ||
| Q1 25 | $-289.0M | $653.0M | ||
| Q4 24 | $974.5M | $878.0M | ||
| Q3 24 | $819.2M | $1.0B | ||
| Q2 24 | $241.8M | $1.0B |
| Q1 26 | — | $680.0M | ||
| Q4 25 | $1.7B | $607.0M | ||
| Q3 25 | $-190.8M | $1.1B | ||
| Q2 25 | $-1.1B | $957.0M | ||
| Q1 25 | $-345.1M | $423.0M | ||
| Q4 24 | $933.1M | $673.0M | ||
| Q3 24 | $800.8M | $829.0M | ||
| Q2 24 | $203.0M | $857.0M |
| Q1 26 | — | 14.3% | ||
| Q4 25 | 17.9% | 13.0% | ||
| Q3 25 | -2.2% | 24.2% | ||
| Q2 25 | -13.3% | 21.1% | ||
| Q1 25 | -4.5% | 10.2% | ||
| Q4 24 | 9.4% | 17.5% | ||
| Q3 24 | 8.5% | 20.4% | ||
| Q2 24 | 2.3% | 21.5% |
| Q1 26 | — | 5.7% | ||
| Q4 25 | 0.9% | 5.5% | ||
| Q3 25 | 0.4% | 5.7% | ||
| Q2 25 | 0.2% | 5.1% | ||
| Q1 25 | 0.7% | 5.6% | ||
| Q4 24 | 0.4% | 5.3% | ||
| Q3 24 | 0.2% | 5.2% | ||
| Q2 24 | 0.4% | 3.7% |
| Q1 26 | — | 1.11× | ||
| Q4 25 | 3.59× | 1.15× | ||
| Q3 25 | -0.27× | 2.14× | ||
| Q2 25 | -2.29× | 1.86× | ||
| Q1 25 | -0.56× | 50.23× | ||
| Q4 24 | 0.89× | 1.66× | ||
| Q3 24 | 0.70× | 3.78× | ||
| Q2 24 | 0.25× | 1.76× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LEN
| Homebuilding | $6.3B | 95% |
| Financial Services | $215.6M | 3% |
| Multifamily | $82.5M | 1% |
| Lennar Other | $22.9M | 0% |
TEL
Segment breakdown not available.
