Every year, Builder magazine ranks the top 100 single-family home builders in the U.S. based on closings — including single-family built-for-rent completions, an arena that the nation’s top builders have begun to move into. Some of these builders, including the top two, have also ramped up apartment development over the past two years.
Here’s how the top 10 builders fared in the last year. (Click here for the 2024 list.)
1. D.R. Horton
2021 revenue: $27.9 billion
2021 closings: 81,981 (including 359 build-to-rent homes)
Regions: Northeast, Midwest, South, West
Company fact: As of 2022, D.R. Horton has held the top spot on the Builder 100 for 20 consecutive years.
2. Lennar Corp.
2021 revenue: $25.3 billion
2021 closings: 59,825 (including 1,505 condos and 1,457 build-to-rent homes)
Regions: Northeast, Midwest, South, West
Company fact: Founded as F&R Builders in 1954, the name Lennar - adopted when the builder went public in 1971 - comes from the combined first names of then-co-owner Leonard Miller and co-founder Arnold Rosen.
3. PulteGroup
2021 revenue: $13.3 billion
2021 closings: 28,894
Regions: Northeast, Midwest, South, West
Company fact: Through PulteGroup’s Built to Honor program, the 72-year-old builder has donated 64 mortgage-free homes to wounded veterans since 2013.
4. NVR
2021 revenue: $8.7 billion
2021 closings: 21,540
Regions: Northeast, Midwest, South
Company fact: NVR is the parent company of Ryan Homes, NVHomes and Heritage Homes, as well as NVR Mortgage, which offers mortgage financing for NVR customers.
5. Taylor Morrison
2021 revenue: $7.2 billion
2021 closings: 13,699
Regions: South, West
Company fact: Taylor Morrison is the largest U.S. home builder led by a woman. Sheryl Palmer has served as president and CEO since 2007 and as chairman since 2018.
6. KB Home
2021 revenue: $5.7 billion
2021 closings: 13,472
Regions: South, West
Company fact: KB Home has been named an Energy Star Partner of the Year by the EPA for 12 years in a row, and has built over 165,000 Energy Star certified homes.
7. Meritage Homes Corp.
2021 revenue: $5.0 billion
2021 closings: 12,801
Regions: South, West
Company fact: According to the company, Meritage Homes was the first home builder to build a “Full EPA Triple Certified Home” that is Energy Star, WaterSense and Indoor airPLUS certified.
8. Clayton Properties Group
2021 revenue: $3.7 billion
2021 closings: 10,967
Regions: Midwest, South, West
Company fact: Clayton Properties is the only private builder on the top 10 list. It encompasses 9 regional home building brands from across the country, including Arbor Homes, Mungo Homes, Highland Homes, Chafin Communities, Goodall Homes and Oakwood Homes.
9. Century Communities
2021 revenue: $4.2 billion
2021 closings: 10,805
Regions: Midwest, South, West
Company fact: All Century Communities homes are available for purchase online. The process includes virtual tours, contract signings and pre-qualifications for a mortgage.
10. LGI Homes
2021 revenue: $3.0 billion
2021 closings: 10,442 (including 1,515 build-to-rent homes)
Regions: Northeast, Midwest, South, West
Company fact: In July 2021, LGI Homes announced its 50,000th home closing since the company’s founding in 2003. Over half of these closings occurred between 2018 and 2021.
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