Lennar Corp builds and sells homes across 26 U.S. states, targeting first-time buyers, move-up buyers, and retirees (active adults). It is one of the two largest U.S. homebuilders by volume.
Revenue comes primarily from home sales. Lennar also runs a financial-services arm that offers mortgages directly to its own homebuyers, capturing ancillary income from the same transaction. A smaller multifamily segment develops rental apartment communities. The company has minority stakes in various housing-related tech ventures, though these are not a material revenue source.
Employees12,532IPOApr 28, 2025SIC6513HQ5505 Waterford District Drive, Miami, FL, USA, 33126
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Financials (EUR)
Profitability
Metric
Current
Margins
Gross Margin
8.2%
Operating Margin
6.2%
EBITDA Margin
6.7%
Net Margin
4.9%
OCF Margin
2.8%
FCF Margin
2.3%
Returns on Capital
ROE
7.3%
ROA
4.7%
ROIC
5.1%
ROCE
6.3%
ROC (Greenblatt)
12.1%
3Y ROIIC
116.6%
Consistency
Years Profitable / 10Y
10
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
13.33
Forward P/E
13.02
P/E ex-NRI
13.69
Shiller P/E (CAPE)
7.82
Cash Flow Multiples
P/FCF
31.17
P/OCF
25.08
P/Owner Earnings
41.70
FCF Yield
3.50%
Enterprise Value Multiples
EV / EBIT
12.01
EV / Forward EBIT
12.77
EV / EBITDA
11.25
EV / Forward EBITDA
9.93
EV / Revenue
0.75
EV / Forward Revenue
0.73
Asset / Sales
P/S
0.65
P/B
0.95
P/Tangible Book
1.14
Growth-Adjusted
PEG
13.69
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
2.32%
Forward Dividend Yield
2.37%
3Y Dividend Growth
10.1%
Payout Ratio
0.32
5Y Yield on Cost
7.17%
Buybacks & Dilution
3Y Buyback Ratio
5.20%
Combined
Shareholder Yield
0.25%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
0.28
Gross Debt / EBITDA
2.76
Cash / Debt
0.35
Equity / Assets
0.64
Coverage
Interest Coverage
—
Short-Term Liquidity
Current Ratio
10.20
Quick Ratio
3.15
Cash Ratio
1.19
Composite Scores
Piotroski F-Score
5
Altman Z-Score
3.75
Split History
Date
Split
No split history found.
Ex-date
Amount
Pay date
2026-07-10
$0.5
2026-07-24
2026-04-22
$0.5
2026-05-06
2026-02-04
$0.5
2026-02-19
2025-10-10
$0.5
2025-10-27
2025-07-03
$0.5
2025-07-18
5 of 5
View allDate
Transcript
Type
2026-09-17
Q3 2026 Lennar Corporation Earnings Call Transcript
Earnings Call
2026-06-12
Q2 2026 Lennar Corp Earnings Call Transcript
Earnings Call
2026-04-08
Lennar Corp Annual Shareholders Meeting Transcript
Shareholders and Annual Meetings
2026-03-13
Q1 2026 Lennar Corp Earnings Call Transcript
Earnings Call
2025-12-17
Q4 2025 Lennar Corp Earnings Call Transcript
Earnings Call
2025-09-19
Q3 2025 Lennar Corp Earnings Call Transcript
Earnings Call
2025-06-17
Q2 2025 Lennar Corp Earnings Call Transcript
Earnings Call
2025-03-21
Q1 2025 Lennar Corp Earnings Call Transcript
Earnings Call
2024-12-19
Q4 2024 Lennar Corp Earnings Call Transcript
Earnings Call
2024-09-20
Q3 2024 Lennar Corp Earnings Call Transcript
Earnings Call
10 of 34
5-Step DuPont Analysis
ROE %
7.20%
×
×
Net Margin %
4.94%
×
×
Operating Margin %
6.24%
Operating Income
€1.75B
÷
Revenue
€28.07B
×
Tax Burden
0.7378
Net Income
€1.39B
÷
Pretax Income
€1.88B
×
Interest Burden
1.0731
Pretax Income
€1.88B
÷
Operating Income
€1.75B
×
Asset Turnover
0.95
÷
Revenue
€28.07B
÷
Average Total Assets
€29.67B
Begin Total Assets
€30.49B
End Total Assets
€28.85B
×
Equity Multiplier
1.54
÷
Avg Total Assets
€29.67B
÷
Avg Stockholders Equity
€19.27B
Begin Equity
€20.03B
End Equity
€18.51B