LENNAR CORP /NEW/ (LEN)

86.33 +1.43% (+1.22)

Over 5Y: -2.3%

2026-08-28
50 100 150
2021 2022 2023 2024 2025 2026

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Revenue: 6.9B Q3 '21 — Operating Cash Flow: 594.2M Q3 '21 — Free Cash Flow: 578.6M Q3 '21 — Net Income: 1.4B Q4 '21 — Revenue: 8.4B Q4 '21 — Operating Cash Flow: 1.2B Q4 '21 — Free Cash Flow: 1.2B Q4 '21 — Net Income: 1.2B Q1 '22 — Revenue: 6.2B Q1 '22 — Operating Cash Flow: -72.2M Q1 '22 — Free Cash Flow: -78M Q1 '22 — Net Income: 503.6M Q2 '22 — Revenue: 8.4B Q2 '22 — Operating Cash Flow: 124.8M Q2 '22 — Free Cash Flow: 119.8M Q2 '22 — Net Income: 1.3B Q3 '22 — Revenue: 8.9B Q3 '22 — Operating Cash Flow: 498.8M Q3 '22 — Free Cash Flow: 482.2M Q3 '22 — Net Income: 1.5B Q4 '22 — Revenue: 10.2B Q4 '22 — Operating Cash Flow: 2.7B Q4 '22 — Free Cash Flow: 2.7B Q4 '22 — Net Income: 1.3B Q1 '23 — Revenue: 6.5B Q1 '23 — Operating Cash Flow: 978.2M Q1 '23 — Free Cash Flow: 972.8M Q1 '23 — Net Income: 596.5M Q2 '23 — Revenue: 8B Q2 '23 — Operating Cash Flow: 660.5M Q2 '23 — Free Cash Flow: 634.6M Q2 '23 — Net Income: 871.7M Q3 '23 — Revenue: 8.7B Q3 '23 — Operating Cash Flow: 951.9M Q3 '23 — Free Cash Flow: 929.5M Q3 '23 — Net Income: 1.1B Q4 '23 — Revenue: 11B Q4 '23 — Operating Cash Flow: 2.6B Q4 '23 — Free Cash Flow: 2.5B Q4 '23 — Net Income: 1.4B Q1 '24 — Revenue: 7.3B Q1 '24 — Operating Cash Flow: 367.9M Q1 '24 — Free Cash Flow: 294.9M Q1 '24 — Net Income: 719.3M Q2 '24 — Revenue: 8.8B Q2 '24 — Operating Cash Flow: 241.8M Q2 '24 — Free Cash Flow: 203M Q2 '24 — Net Income: 954.3M Q3 '24 — Revenue: 9.4B Q3 '24 — Operating Cash Flow: 819.2M Q3 '24 — Free Cash Flow: 800.8M Q3 '24 — Net Income: 1.2B Q4 '24 — Revenue: 9.9B Q4 '24 — Operating Cash Flow: 974.5M Q4 '24 — Free Cash Flow: 933.1M Q4 '24 — Net Income: 1.1B Q1 '25 — Revenue: 7.6B Q1 '25 — Operating Cash Flow: -289M Q1 '25 — Free Cash Flow: -345.1M Q1 '25 — Net Income: 519.5M Q2 '25 — Revenue: 8.4B Q2 '25 — Operating Cash Flow: -1.1B Q2 '25 — Free Cash Flow: -1.1B Q2 '25 — Net Income: 477.4M Q3 '25 — Revenue: 8.8B Q3 '25 — Operating Cash Flow: -158.6M Q3 '25 — Free Cash Flow: -190.8M Q3 '25 — Net Income: 591M Q4 '25 — Revenue: 9.4B Q4 '25 — Net Income: 490.2M Q1 '26 — Revenue: 6.6B Q1 '26 — Operating Cash Flow: -433.5M Q1 '26 — Free Cash Flow: -463.5M Q1 '26 — Net Income: 229.4M Q2 '26 — Revenue: 7.9B Q2 '26 — Operating Cash Flow: -284.4M Q2 '26 — Free Cash Flow: -303.2M Q2 '26 — Net Income: 304.8M 0 2.5B 5B 7.5B 10B 12.5B
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-05-31, reported in USD. The newest fact in the filings is dated 2026-05-31, 91 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

3.2
SBC / sales 0.43%
ROIC 6.1%
OE margin -0.27%
ROA 4.8%
Accruals 4.1%
ROE 7.5%
FCF margin 0.15%
OCF / EBIT 0.11×
OCF margin 0.66%
Gross margin —
ROCE —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

5.4
Segment HHI 0.46 HHI
RPO / sales —
RPO growth —

2 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

7.8
ND/EBITDA —
Net debt / Eq 0.17×
Debt / Eq 0.27×
Payout 31.1%
Cash / Debt 0.37×
F-score 5.1 pts
Debt payback 73.2 yr
Cash runway —
Current ratio —
Quick ratio —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

1.3
Sales/sh Y/Y -2.3%
Div. growth -5.1%
EBIT CAGR -19.1%
EBIT Y/Y -50.7%
EPS CAGR 4Y -13.5%
EPS Y/Y -47.6%
Sales Q/Q -5.2%
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.