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U.S. Homebuilding Industry Analysis

UpdatedSep 05, 2025
DataAggregated Company Financials
Companies32
  • 7D4.0%
  • 3M33.8%
  • 1Y-5.4%
  • YTDn/a

In the last week, the Homebuilding industry is up 4.0%, with D.R. Horton up 4.6%. During this same period, the Smith Douglas Homes underperformed, falling 5.4%. However, the industry is down 5.4% over the past year. In the next few years, earnings are forecast to decline by 3.4% annually.

Industry Valuation and Performance

Has the U.S. Homebuilding Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Sep 2025US$212.7bUS$172.4bUS$18.4b10.2x11.6x1.2x
Sun, 03 Aug 2025US$187.9bUS$172.3bUS$18.5b8.4x10.2x1.1x
Tue, 01 Jul 2025US$175.6bUS$173.4bUS$19.4b7.2x9.1x1x
Thu, 29 May 2025US$169.3bUS$175.5bUS$19.9b6.7x8.5x1x
Sat, 26 Apr 2025US$173.0bUS$175.4bUS$20.2b6.8x8.6x1x
Mon, 24 Mar 2025US$180.2bUS$176.7bUS$21.1b7x8.5x1x
Wed, 19 Feb 2025US$191.7bUS$176.0bUS$21.1b7.7x9.1x1.1x
Fri, 17 Jan 2025US$209.6bUS$174.2bUS$20.9b8.5x10x1.2x
Sun, 15 Dec 2024US$220.8bUS$174.9bUS$21.0b8.9x10.5x1.3x
Tue, 12 Nov 2024US$245.3bUS$174.3bUS$21.0b10.1x11.7x1.4x
Thu, 10 Oct 2024US$256.8bUS$172.4bUS$21.2b10.3x12.1x1.5x
Sat, 07 Sep 2024US$248.1bUS$171.5bUS$21.2b9.7x11.7x1.4x
Mon, 05 Aug 2024US$244.2bUS$170.8bUS$21.1b9.7x11.6x1.4x
Wed, 03 Jul 2024US$202.9bUS$168.7bUS$20.8b9x9.7x1.2x
Fri, 31 May 2024US$216.2bUS$168.1bUS$20.8b9.7x10.4x1.3x
Sun, 28 Apr 2024US$217.5bUS$167.7bUS$20.6b9.6x10.5x1.3x
Tue, 26 Mar 2024US$238.3bUS$170.1bUS$20.4b10.7x11.7x1.4x
Thu, 22 Feb 2024US$214.4bUS$169.5bUS$20.5b9.9x10.5x1.3x
Sat, 20 Jan 2024US$218.3bUS$171.6bUS$21.0b8.7x10.4x1.3x
Mon, 18 Dec 2023US$212.7bUS$171.1bUS$20.9b9.8x10.2x1.2x
Wed, 15 Nov 2023US$172.0bUS$171.1bUS$21.0b8.5x8.2x1x
Fri, 13 Oct 2023US$162.6bUS$171.3bUS$21.4b7.1x7.6x0.9x
Sun, 10 Sep 2023US$174.7bUS$171.8bUS$21.9b7.8x8x1x
Tue, 08 Aug 2023US$186.6bUS$171.7bUS$21.7b8.7x8.6x1.1x
Thu, 06 Jul 2023US$176.2bUS$171.7bUS$22.6b7.9x7.8x1x
Sat, 03 Jun 2023US$160.7bUS$172.0bUS$23.1b7x7x0.9x
Mon, 01 May 2023US$159.5bUS$172.4bUS$23.2b5.8x6.9x0.9x
Wed, 29 Mar 2023US$142.1bUS$171.9bUS$23.8b4.9x6x0.8x
Fri, 24 Feb 2023US$136.8bUS$171.3bUS$23.7b4.8x5.8x0.8x
Sun, 22 Jan 2023US$133.2bUS$168.7bUS$23.7b4.6x5.6x0.8x
Tue, 20 Dec 2022US$121.5bUS$168.4bUS$23.6b3.9x5.1x0.7x
Thu, 17 Nov 2022US$115.5bUS$165.9bUS$23.2b4.2x5x0.7x
Sat, 15 Oct 2022US$101.8bUS$160.8bUS$22.0b4.1x4.6x0.6x
Mon, 12 Sep 2022US$111.9bUS$158.4bUS$21.9b4.5x5.1x0.7x
Price to Earnings Ratio

5.1x


Total Market Cap: US$111.9bTotal Earnings: US$21.9bTotal Revenue: US$158.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Homebuilding Industry Price to Earnings3Y Average 8.7x202320242025
Current Industry PE
  • Investors are optimistic on the American Homebuilding industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 11.6x which is higher than its 3-year average PE of 8.7x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Homebuilding industry have declined 5.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does U.S. Homebuilding compare with similar industries?

US Market-0.008%
Consumer Discretionary0.63%
Consumer Durables2.91%
Homebuilding3.99%
Housewares and Specialties6.56%
Household Appliances2.49%
Home Furnishings2.40%
Consumer Electronics-1.35%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
DHI D.R. HortonUS$176.694.6%
+US$2.3b		-3.8%PE13.3x
LEN LennarUS$138.073.7%
+US$1.3b		-22.4%PE11.1x
PHM PulteGroupUS$137.614.7%
+US$1.2b		7.3%PE9.9x
NVR NVRUS$8.41k4.1%
+US$956.6m		-7.0%PE15.9x
TOL Toll BrothersUS$145.414.7%
+US$629.4m		5.5%PE10.2x

Latest News

TOL
US$145.41
Toll Brothers
7D
4.7%
1Y
5.5%
LEN
US$138.07
Lennar
7D
3.7%
1Y
-22.4%

Asset Light Model And Rausch Coleman Acquisition Will Build Success

Analysts are divided on Lennar, with bulls citing sector optimism from potential rate cuts and increased investor interest, while bears point to margin pressures, weak recent results, and affordability headwinds, resulting in the consensus price target holding steady at $124.00. Analyst Commentary Bullish analysts are raising valuation multiples across the homebuilding sector following a re-rating as investors price in forward optimism about lower interest rates.
PHM
US$137.61
PulteGroup
7D
4.7%
1Y
7.3%
DHI
US$176.69
D.R. Horton
7D
4.6%
1Y
-3.8%

Affordable Home Expansion And Suburban Migration Will Drive Resiliency

D.R. Horton's analyst price target was raised to $161.60, reflecting heightened investor optimism on rate cuts, sector-wide valuation uplift, and recent earnings outperformance. Analyst Commentary Bullish analysts cite increasing investor optimism regarding future interest rate cuts, which is boosting valuations in the homebuilding sector.
SKY
US$78.84
Champion Homes
7D
5.2%
1Y
-11.9%

Returns Are Gaining Momentum At Champion Homes (NYSE:SKY)

Aug 28
Returns Are Gaining Momentum At Champion Homes (NYSE:SKY)
NVR
US$8,407.77
NVR
7D
4.1%
1Y
-7.0%
TMHC
US$70.10
Taylor Morrison Home
7D
4.1%
1Y
9.5%

Order Declines And Discounting Will Erode Future Performance

Despite a significantly lower consensus revenue growth forecast and a notable rise in future P/E, the consensus analyst price target for Taylor Morrison Home has increased from $72.52 to $76.00. What's in the News Repurchased 1,729,436 shares (1.72%) for $110.07 million from April 1 to June 30, 2025.
MTH
US$81.50
Meritage Homes
7D
4.7%
1Y
-13.9%
SPHL
US$0.42
Springview Holdings
7D
-11.6%
1Y
n/a
SDHC
US$19.10
Smith Douglas Homes
7D
-5.4%
1Y
-44.2%

We Think Smith Douglas Homes (NYSE:SDHC) Can Stay On Top Of Its Debt

Aug 19
We Think Smith Douglas Homes (NYSE:SDHC) Can Stay On Top Of Its Debt
UHG
US$4.15
United Homes Group
7D
-2.4%
1Y
-29.9%

United Homes Group Presents Poor Value Even After Extensive Decline In Share Price

Aug 05
LRE
US$1.45
Lead Real Estate
7D
-3.4%
1Y
-2.7%