Housing and Building Products Sector: Companies, KPIs & Market Data

Housing and Building Products

US homebuilders and the products and distribution chain behind a house: public builders (D.R. Horton, Lennar, NVR, PulteGroup), building products (Builders FirstSource, Masco, Allegion, A. O. Smith), Ferguson wholesale, and Lennox HVAC. Home Depot and Lowe's stay on Retail. Timber REITs stay on REITs.

Data updated 2026-08-25

The Housing and Building Products sector on Sterling tracks 10 companies.

Housing and Building Products at a glance

Structural signals from the latest reported years. The four middle tabs keep builders, products, Ferguson, and HVAC separate.

•Census 2025 starts: 1,358,700 units, down 0.6%. Single-family 943,000, down 6.9%.
•Freddie Mac 30-year fixed averaged 6.65% in the week of August 20, 2026.
•D.R. Horton closed 84,863 homes. Lennar delivered 82,583. Combined builder pile on this page is $96.1B of latest-year revenue.
•Ferguson FY2025 net sales $30.8B, 95% United States, about half residential and about two-thirds RMI.
•Lennox Home Comfort $3.34B, down 7%. Building Climate $1.85B, up 5%.
•Builders FirstSource $15.2B, down 7.4%. Lumber and sheet goods were 25.5% of sales.
•Home Depot and Lowe's stay on Retail. Timber REITs stay on REITs.

Headline numbers

Eight sourced snapshot figures. Fiscal years are not aligned. Housing starts are Census 2025 annual (preliminary).

Census starts 2025

1.36M

1,358,700 units started. Down 0.6% from 1,367,100 in 2024.

Census Dec 2025 NRC

Single-family starts

943k

Down 6.9% from 1,012,900 in 2024. Multifamily (5+) rose to 396,600.

Census Dec 2025 NRC

30-year mortgage

6.65%

Freddie Mac PMMS average as of August 20, 2026. A year earlier: 6.58%.

Freddie Mac PMMS

DHI homes closed

84,863

FY2025 home sales revenue $31.4B. ASP $370,400. Consolidated revenue $34.3B.

DHI FY2025 10-K / PR

Lennar deliveries

82,583

FY2025, including unconsolidated entities. Homebuilding revenue $32.3B. Group $34.2B.

Lennar FY2025 10-K

Ferguson net sales

$30.8B

FY2025 ended July 31, 2025. US $29.3B (95%). Canada $1.5B.

Ferguson FY2025 10-K

Lennox net sales

$5.20B

Home Comfort $3.34B (down 7%). Building Climate $1.85B (up 5%).

Lennox 2025 10-K

BLDR net sales

$15.2B

Down 7.4% from $16.4B. Lumber and sheet goods were 25.5% of sales.

BLDR 2025 10-K

Roster revenue, latest year

Last reported fiscal year in USD. Horton and Lennar end in the fall. Ferguson ends July 31. The other seven are calendar 2025.

Four theses on one page

Builders are $96.1B because Horton and Lennar are $34B each. Ferguson alone is $30.8B. Products are $30.7B. HVAC is Lennox at $5.2B. These are not TAM figures.

US housing starts, 2024 vs 2025

Census annual units started. Single-family fell to 943,000 from 1,012,900. Five-plus rose to 396,600. The national total was almost flat at 1.36 million.

1 unit2 to 4 units5 units or more

2025 starts by Census region

South 723,900. West 300,000. Midwest 198,200. Northeast 136,600. The South is more than half of US starts.

Total starts1 unit

The roster

Ten public companies. Home Depot and Lowe's stay on Retail. Timber REITs stay on REITs.

Company	Ticker	Archetype	HQ	Latest year	What to watch
D.R. Horton	DHI	Builder	Arlington, TX	FY2025 ended Sep 30, 2025	84,863 closings. Backlog 10,785 homes / $4.1B.
Lennar	LEN	Builder	Miami, FL	FY2025 ended Nov 30, 2025	82,583 deliveries. Backlog 13,936 homes / $5.2B.
NVR	NVR	Builder	Reston, VA	CY2025	21,915 settlements. Asset-light lot options. Backlog 8,448.
PulteGroup	PHM	Builder	Atlanta, GA	CY2025	29,572 closings. ASP $566k. Backlog 8,495 / $5.3B.
Allegion	ALLE	Products	Dublin, IE	CY2025	Locks and access. Americas $3.22B of $4.07B.
A. O. Smith	AOS	Products	Milwaukee, WI	CY2025	Water heaters. NA $2.98B. China third-party sales -12% local.
Builders FirstSource	BLDR	Products	Irving, TX	CY2025	$15.2B. Lumber 25.5%. Value-added 47.7%.
Masco	MAS	Products	Livonia, MI	CY2025	Plumbing $4.99B. Decorative $2.57B after Kichler sale.
Ferguson	FERG	Distribution	Newport News, VA	FY2025 ended Jul 31, 2025	$30.8B. 1,746 branches. ~half residential, ~2/3 RMI.
Lennox	LII	HVAC	Richardson, TX	CY2025	Home Comfort $3.34B (-7%). Building Climate $1.85B (+5%).

Companies in the Housing and Building Products sector (10)

Frequently asked questions

What is the Housing and Building Products sector?

Which companies lead the Housing and Building Products sector?

Sterling tracks 10 companies in Housing and Building Products, led by D. R. Horton (DHI), Lennar (LEN), NVR, Inc. (NVR), PulteGroup (PHM), Allegion (ALLE) and A. O. Smith (AOS).

How can I invest in the Housing and Building Products sector?

Publicly traded names in Housing and Building Products include D. R. Horton (DHI), Lennar (LEN), NVR, Inc. (NVR), PulteGroup (PHM) and Allegion (ALLE). Compare them side by side on Sterling.