Lennar (LEN) Financials: History & Chart

Lennar Corporation (LEN)LENLennar Corporation

About Lennar Corporation

Lennar Corporation, an influential homebuilder in the United States, operates primarily under its widely recognized Lennar brand, alongside its various subsidiaries. The company structures its diverse business initiatives across several distinct divisions: regional homebuilding segments (East, Central, Texas, and West), a Financial Services arm, a Multifamily property development unit, and a broader "Lennar Other" category. At the heart of its operations, Lennar is deeply involved in the creation and sale of single-family homes, encompassing both attached and detached designs. Its activities also span the acquisition, development, and subsequent sale of land designated for residential use, in addition to the comprehensive development, construction, and ongoing management of rental properties in the multifamily sector. Expanding beyond physical construction, Lennar provides essential services such as residential mortgage financing, title protection, and closing services for its clientele and other interested parties. It also actively originates and divests securitized commercial mortgage loans. Furthermore, the corporation participates in strategic fund investment endeavors. Lennar's extensive customer base primarily caters to first-time purchasers, individuals seeking to upgrade their homes, active adult communities, and the luxury housing market. This enterprise, founded in 1954, is officially based in Miami, Florida.

Miami, FL

12,532 employees

www.lennar.com

Consumer Cyclical / Residential Construction

Sector: Consumer Cyclical
Industry: Residential Construction
CEO: Stuart A. Miller

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Financials

SEC Filings

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended May 2026	Quarter ended Feb 2026	Quarter ended Nov 2025	Quarter ended Aug 2025	Quarter ended May 2025	Quarter ended Feb 2025	Quarter ended Nov 2024	Quarter ended Aug 2024
Revenue	32.74B	7.94B	6.62B	9.37B	8.81B	8.38B	7.63B	9.95B	9.42B
Cost of Goods Sold	30.13B	7.45B	6.23B	8.54B	7.92B	7.57B	6.77B	8.39B	7.94B
Gross Profit	2.60B	490.47M	390.70M	829.05M	892.60M	804.43M	861.05M	1.56B	1.47B
Gross Profit Margin	8.0%	6.2%	5.9%	8.9%	10.1%	9.6%	11.3%	15.6%	15.6%
Total Operating Expenses	633.17M	142.05M	157.64M	162.09M	171.40M	155.85M	147.38M	170.01M	164.67M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	627.27M	136.15M	157.64M	162.09M	171.40M	155.85M	147.38M	170.01M	164.67M
Operating Income (EBIT)	1.97B	348.43M	233.06M	666.96M	721.20M	648.58M	713.67M	1.39B	1.31B
Operating Margin	6.0%	4.4%	3.5%	7.1%	8.2%	7.7%	9.4%	13.9%	13.9%
Income Before Tax (EBT)	2.19B	413.19M	302.45M	683.04M	790.70M	641.88M	698.24M	1.46B	1.54B
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	55.28M	55.28M	N/A	N/A	N/A	N/A	N/A	4.47M	N/A
Other Income/Expense	219.74M	64.76M	69.39M	16.08M	69.50M	-6.70M	-15.44M	71.83M	227.56M
Net Income	1.62B	308.13M	229.38M	490.24M	590.97M	477.45M	519.53M	1.10B	1.16B
Income Tax Expense	550.13M	105.06M	69.09M	185.09M	190.89M	160.06M	169.53M	358.06M	347.86M
Net Profit Margin	4.9%	3.9%	3.5%	5.2%	6.7%	5.7%	6.8%	11.0%	12.3%
EBITDA	2.11B	383.75M	266.45M	701.94M	755.37M	682.40M	745.00M	1.42B	1.34B
EBITDA Margin	6.4%	4.8%	4.0%	7.5%	8.6%	8.1%	9.8%	14.2%	14.2%
Depreciation & Amortization	137.86M	35.32M	33.39M	34.98M	34.17M	33.83M	31.33M	30.41M	29.37M
EPS Basic	6.39	1.23	0.94	1.93	2.29	1.81	1.96	4.06	4.26
EPS Diluted	6.39	1.23	0.94	1.93	2.29	1.81	1.96	4.06	4.26
Shares Outstanding	242.61M	242.61M	244.44M	252.36M	255.60M	261.51M	262.73M	267.26M	270.16M
Diluted Shares Outstanding	242.61M	242.61M	244.44M	252.36M	255.60M	261.51M	262.73M	267.26M	270.16M

Annual Income Statement (USD)

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Annual Report	11/30/2025	11/30/2024	11/30/2023	11/30/2022	11/30/2021	11/30/2020	11/30/2019	11/30/2018
Revenue	34.19B	35.44B	34.23B	33.67B	27.13B	22.49B	22.26B	20.57B
Cost of Goods Sold	30.80B	29.94B	28.29B	26.47B	21.59B	19.01B	19.46B	18.24B
Gross Profit	3.39B	5.50B	5.94B	7.20B	5.54B	3.47B	2.80B	2.33B
Gross Profit Margin	9.9%	15.5%	17.4%	21.4%	20.4%	15.4%	12.6%	11.3%
Total Operating Expenses	636.72M	648.99M	501.34M	414.50M	398.38M	333.45M	321.19M	343.93M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	636.72M	648.99M	501.34M	414.50M	398.38M	333.45M	321.19M	343.93M
Operating Income (EBIT)	2.75B	4.85B	5.44B	6.79B	5.14B	3.14B	2.48B	1.99B
Operating Margin	8.0%	13.7%	15.9%	20.2%	18.9%	14.0%	11.1%	9.7%
Income Before Tax (EBT)	2.81B	5.18B	5.20B	6.01B	5.82B	3.12B	2.43B	2.26B
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	13.87M	18.77M	15.43M	19.13M	20.14M	22.40M	17.62M	11.26M
Other Income/Expense	63.46M	334.94M	-237.34M	-773.08M	680.80M	-16.87M	-46.81M	272.43M
Net Income	2.08B	3.93B	3.94B	4.61B	4.43B	2.47B	1.85B	1.70B
Income Tax Expense	705.56M	1.22B	1.24B	1.37B	1.36B	656.24M	592.17M	545.17M
Net Profit Margin	6.1%	11.1%	11.5%	13.7%	16.3%	11.0%	8.3%	8.2%
EBITDA	2.88B	4.97B	5.55B	6.87B	5.22B	3.24B	2.57B	2.08B
EBITDA Margin	8.4%	14.0%	16.2%	20.4%	19.3%	14.4%	11.6%	10.1%
Depreciation & Amortization	134.31M	115.53M	110.16M	87.08M	85.95M	94.55M	92.20M	91.18M
EPS Basic	7.98	14.31	13.73	15.74	14.28	7.88	5.76	5.46
EPS Diluted	7.98	14.31	13.73	15.72	14.27	7.85	5.74	5.44
Shares Outstanding	257.75M	272.02M	283.32M	289.82M	306.61M	309.41M	318.42M	307.97M
Diluted Shares Outstanding	257.75M	272.02M	283.32M	289.82M	306.61M	309.41M	318.42M	308.56M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.