Lennar Corp
NYSE : LEN.BUSA·Consumer Cyclical·Homebuilding & Construction·Class B
$76.71
−1.46 (−1.79%)Oct 16 closeMarket Cap
$19.00B
Enterprise Value
$23.02B
P/E (TTM)
15.11
P/B
0.91
Net Cash / (Debt)
—
52-Week Range
$73 — $123
5-Year Range
$47 — $162
Avg Volume (3M)
76.71K
Lennar builds and sells homes across 26 U.S. states, targeting first-time buyers, move-up buyers, and retirees. It also runs a mortgage lending arm that finances purchases by its own homebuyers, generating fee and interest income alongside home sales revenue. Additionally, it develops multifamily apartment communities and holds stakes in housing-related technology companies.
Employees12,532IPOApr 23, 2003SIC1521HQ5505 Waterford District Drive, Miami, FL, USA, 33126
to
Financials
Profitability
Metric
Current
Margins
Gross Margin
8.2%
Operating Margin
6.2%
EBITDA Margin
6.7%
Net Margin
4.9%
OCF Margin
3.5%
FCF Margin
3.0%
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)
15.11
Forward P/E
14.39
P/E ex-NRI
15.44
Shiller P/E (CAPE)
7.46
Cash Flow Multiples
P/FCF
29.78
P/OCF
24.00
P/Owner Earnings
39.98
FCF Yield
4.87%
Enterprise Value Multiples
EV / EBIT
13.26
EV / Forward EBIT
11.28
EV / EBITDA
12.53
EV / Forward EBITDA
8.77
EV / Revenue
0.74
EV / Forward Revenue
0.64
Asset / Sales
P/S
0.64
P/B
0.91
P/Tangible Book
1.09
Growth-Adjusted
PEG
15.44
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
2.48%
Forward Dividend Yield
2.48%
3Y Dividend Growth
10.1%
Payout Ratio
0.39
5Y Yield on Cost
7.66%
Buybacks & Dilution
3Y Buyback Ratio
5.20%
Combined
Shareholder Yield
0.27%
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
3.68
Split History
Date
Split
2017-11-09
1.02:1
2004-01-21
2:1
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
2025-04-23
$0.5
2025-05-07
2025-01-29
$0.5
2025-02-12
2024-10-09
$0.5
2024-10-24
2024-07-05
$0.5
2024-07-19
2024-04-23
$0.5
2024-05-08
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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
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5-Step DuPont Analysis
ROE %
5.93%
×
×
Net Margin %
4.09%
×
×
Operating Margin %
5.48%
Operating Income
$1.75B
÷
Revenue
$31.99B
×
Tax Burden
0.7324
Net Income
$1.31B
÷
Pretax Income
$1.79B
×
Interest Burden
1.0182
Pretax Income
$1.79B
÷
Operating Income
$1.75B
×
Asset Turnover
0.94
÷
Revenue
$31.99B
÷
Average Total Assets
$34.13B
Begin Total Assets
$34.88B
End Total Assets
$33.38B
×
Equity Multiplier
1.55
÷
Avg Total Assets
$34.13B
÷
Avg Stockholders Equity
$22.06B
Begin Equity
$22.57B
End Equity
$21.56B
Top institutional holders
Q2 2026| Holder | Shares | Chg. shares | |
|---|---|---|---|
| GABELLI FUNDS LLC | 1.1M | -3.7K | $100.97M |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.0M | -75.3K | $89.53M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 450.4K | +25.4K | $39.96M |
| GAMCO INVESTORS, INC. ET AL | 449.4K | +29 | $39.86M |
| GREENHAVEN ASSOCIATES INC | 364.1K | 0 | $32.30M |
| BlackRock, Inc. | 328.2K | +1.7K | $29.11M |
| Berkshire Hathaway Inc | 298.1K | +60.4K | $26.45M |
| GOLDMAN SACHS GROUP INC | 253.8K | +96.9K | $22.51M |
| NORGES BANK | 229.3K | new | $20.34M |
| MORGAN STANLEY | 187.8K | +36.0K | $16.66M |
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