In this article, we discuss 5 of the largest home builders in the USA in 2021. If you want to check out some more of the biggest home builders in the USA in 2021, go directly to 21 Largest Home Builders in USA in 2021.
5. Taylor Morrison Home Corporation (NYSE:TMHC)
2021 Total Closings: 13,699
2021 Gross Revenue: $7,270 million
Taylor Morrison Home Corporation (NYSE:TMHC) is a national home builder ad developer. The company formed when Taylor Woodrow and Morrison Homes merged in 2007. Last year, Taylor Morrison Home Corporation (NYSE:TMHC) closed on almost 13,700 homes and achieved gross revenue of $7.27 billion. Taylor Morrison Home Corporation (NYSE:TMHC) are down 26.5% year to date due to the weak market.
4. NVR, Inc. (NYSE:NVR)
2021 Total Closings: 21,540
2021 Gross Revenue: $8,701 million
NVR, Inc. (NYSE:NVR) is a leading home builder that also operates a mortgage banking and title services business. In 2021, NVR, Inc. (NYSE:NVR) closed on 21,540 homes and generated over $8.7 billion in gross sales.
Diamond Hill Small-Mid Cap Fund said the following about NVR, Inc. (NYSE:NVR) in its first quarter investor letter:
“Homebuilder NVR, along with other housing companies, was pressured in Q1 primarily on concerns that rising mortgage rates will dampen new home demand. We recognize the challenges presented by a rising interest rate environment in the near term. Longer term, the secular outlook on housing construction is positive, as there remains a material shortage of housing stock in the US. We also like NVR’s approach in which it has an option on land rather than owning it outright, which exposes the company to less risk from falling land prices.”
3. PulteGroup, Inc. (NYSE:PHM)
2021 Total Closings: 28,894
2021 Gross Revenue: $13,376 million
PulteGroup, Inc. (NYSE:PHM) is one of the leading home builders that was founded over 70 years ago. In terms of home building, PulteGroup, Inc. (NYSE:PHM) was the third largest home builder in the United States with total closings of almost 29,000. PulteGroup, Inc. (NYSE:PHM) also generated gross revenue of over $13.4 billion.
2. Lennar Corporation (NYSE:LEN)
2021 Total Closings: 59,825
2021 Gross Revenue: $25,348 million
Lennar Corporation (NYSE:LEN) is one of the largest home builders in the United States. Founded in 1954, Lennar Corporation (NYSE:LEN) closed on almost 60,000 homes and achieved sales of over $25.3 billion. Of the 895 hedge funds in our list, 47 were long Lennar Corporation (NYSE:LEN) at the end of Q2.
1. D.R. Horton, Inc. (NYSE:DHI)
2021 Total Closings: 81,981
2021 Gross Revenue: $27,932 million
D.R. Horton, Inc. (NYSE:DHI) is the largest home builder in our list of 21 Largest Home Builders in USA in 2021. Last year, the company closed on almost 82,000 homes and generated gross revenue of almost $28 billion. Due to the weak market, D.R. Horton, Inc. (NYSE:DHI) shares are down 33.6% year to date. 44 hedge funds in our database were long D.R. Horton, Inc. (NYSE:DHI) at the end of the second quarter.
You can also take a look at 10 Biggest Industries In the US and 25 Most Famous People in the World.
