Lennar Corporation (LEN)
NYSE: LEN · Real-Time Price · USD
79.70
+1.34 (1.71%)
At close: Sep 17, 2026, 4:00 PM EDT
79.59
-0.11 (-0.14%)
After-hours: Sep 17, 2026, 7:59 PM EDT

Lennar Financials Overview

Millions USD. Fiscal year is Dec - Nov.

Revenue & Profits

Fiscal QuarterQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingAug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Revenue
8,0467,9406,6199,3688,8108,3787,6329,9479,4168,7667,31310,9688,7308,0456,49010,1748,9348,3596,2048,434
Revenue Growth
-8.67%-5.22%-13.26%-5.82%-6.43%-4.43%4.36%-9.31%7.86%8.96%12.67%7.80%-2.29%-3.75%4.63%20.64%28.71%29.99%16.49%23.55%
Gross Profit
1,3331,2531,0081,5261,5691,4931,4772,2382,0732,0251,6432,7352,1861,8451,4062,5092,5612,4601,6352,354
Operating Income
463.98418.82241.21720.37702.24648.58752.941,3841,4211,238983.271,9561,4891,210853.251,8951,9411,8691,0931,795
Net Income
283.88299.7227.05486.5585.72471.17514.711,0861,152943.61712.431,3461,096858.19589.921,3091,4521,303498.251,178
Earnings Per Share
1.191.240.931.922.291.811.964.064.263.452.574.823.873.012.064.555.034.491.693.91
EPS Growth
-48.03%-31.49%-52.59%-52.63%-46.24%-47.50%-23.77%-15.71%10.08%14.54%24.85%5.80%-23.14%-33.00%21.87%16.38%11.35%69.50%-47.20%38.84%

Revenue by Segment

Fiscal QuarterQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingAug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Total Sales of Homes
7,7347,5956,2738,8558,2147,7887,2419,5019,0188,3586,90210,4438,2867,6376,0949,6548,4397,9645,7227,971
Total Sales of Land
18.4412.415.1621.1930.5243.235.3339.5719.4713.620.7563.520.4316.319.7279.1532.47.5223.9736.42
Total Other
294.09332.43331.4491.58566.18546.03355.67406.33378.95394.24390.4461.83423.3392.26386.88440.89462.91387.49457.79426.38
Revenue (Total)
8,0467,9406,6199,3688,8108,3787,6329,9479,4168,7667,31310,9688,7308,0456,49010,1748,9348,3596,2048,434

Cash & Debt

Fiscal QuarterQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingAug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Cash & Investments
1,1501,8542,1503,5131,4621,2192,3394,7674,0963,6264,9806,3153,9224,0284,0804,6391,3601,3781,4042,755
Total Debt
6,0186,2455,5066,1395,6634,4743,8644,1894,0413,8144,5074,9844,6245,1735,3746,1995,7236,1436,0156,378
Net Cash (Debt)
-4,868-4,392-3,356-2,627-4,202-3,255-1,526577.6954.46-187.95472.631,331-701.9-1,145-1,294-1,560-4,362-4,765-4,611-3,624
Net Cash Growth
--------56.60%------------
Net Cash Per Share
-20.47-18.24-13.73-10.41-16.44-12.51-5.812.160.20-0.691.714.76-2.48-4.02-4.52-5.43-15.14-16.44-15.69-12.03

Cash Flow & CapEx

Fiscal QuarterQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingAug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Operating Cash Flow
--284.38-433.51,759-158.61-1,095-289.04974.51819.25241.76367.872,589951.87660.47978.212,714498.84124.84-72.231,220
Capital Expenditures
--18.86-29.99-85.21-32.17-15.22-56.04-41.37-18.41-38.81-72.93-46.19-22.34-25.85-5.42-29.68-16.67-5.09-5.78-25.23
Free Cash Flow
--303.24-463.491,674-190.78-1,110-345.09933.14800.84202.95294.942,543929.52634.63972.782,685482.17119.76-78.011,195
Free Cash Flow Growth
---79.42%----63.31%-13.84%-68.02%-69.68%-5.27%92.78%429.94%-124.61%-16.67%-62.20%--5.45%

Margins

Fiscal QuarterQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingAug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Gross Margin
16.56%15.79%15.23%16.29%17.81%17.82%19.35%22.50%22.02%23.10%22.47%24.93%25.04%22.94%21.66%24.66%28.67%29.44%26.36%27.91%
Operating Margin
5.77%5.27%3.64%7.69%7.97%7.74%9.87%13.91%15.09%14.13%13.45%17.84%17.06%15.04%13.15%18.63%21.72%22.36%17.61%21.28%
Pretax Margin
4.81%5.20%4.57%7.29%8.97%7.66%9.15%14.66%16.30%14.39%12.73%16.27%16.90%14.40%12.09%17.29%20.42%20.99%10.91%18.74%
Profit Margin
3.53%3.77%3.43%5.19%6.65%5.62%6.74%10.92%12.23%10.76%9.74%12.27%12.55%10.67%9.09%12.86%16.25%15.59%8.03%13.97%
FCF Margin
--3.82%-7.00%17.87%-2.17%-13.25%-4.52%9.38%8.51%2.31%4.03%23.18%10.65%7.89%14.99%26.38%5.40%1.43%-1.26%14.17%

Dividends

Fiscal QuarterQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingAug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Dividend Per Share
0.5000.5000.5000.5000.5000.5000.5000.5000.5000.5000.5000.3750.3750.3750.3750.3750.3750.3750.3750.250
Dividend Per Share Growth
0%0%0%0%0%0%0%33.33%33.33%33.33%33.33%0%0%0%0%50.00%50.00%50.00%50.00%0%
Dividend Yield
2.38%2.24%1.77%1.55%1.53%1.93%1.72%1.28%1.16%1.23%1.16%1.33%1.43%1.60%1.77%1.96%2.05%1.80%1.46%1.11%

Valuation

Fiscal QuarterQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingAug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
PE Ratio
15.5813.8015.8615.6412.918.638.5212.0711.9310.7810.939.248.777.265.915.484.965.326.777.26
Forward PE
14.9114.5116.5415.3915.1710.759.7211.6612.6410.9611.018.968.9811.1110.586.864.674.525.677.27
P/FCF Ratio
---1142.27---21.0612.9011.129.967.076.476.406.457.8012.7912.80-12.88
PS Ratio
0.630.670.850.940.990.790.881.331.361.231.251.051.010.910.810.740.690.780.941.17