LEN (Lennar Corporation) Stock Financials & Earnings

LENLennar Corporation

Mkt Cap$26B

Revenue (TTM)$34.1B

Net Income (TTM)$2.1B

EPS (TTM)$7.99

Free Cash Flow (TTM)$28M

Gross Margin17.6%

Op. Margin7.7%

Net Margin6.1%

FCF Margin0.1%

P/S Ratio (TTM)0.8x

P/E Ratio (TTM)12.4x

YoY Rev Growth-3.8%

Employees—

Earnings Reports

Next: Q1 2026 · Mar 12

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$6.5B	$1.4B	$804M
Q2 23	$8.0B	$1.8B	$1.2B
Q3 23	$8.7B	$2.2B	$1.5B
Q4 23	$11.0B	$2.8B	$2.0B
Q1 24	$7.3B	$1.6B	$876M
Q2 24	$8.8B	$2.0B	$1.2B
Q3 24	$9.4B	$2.0B	$1.3B
Q4 24	$10.0B	$2.3B	$1.4B
Q1 25	$7.6B	$1.5B	$683M
Q2 25	$8.4B	$1.5B	$604M
Q3 25	$8.8B	$1.6B	$685M
Q4 25	$9.4B	$1.5B	$667M

Revenue Breakdown

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Revenue Segments

Quarter	Lennar - Other	Lennar Financial Services	Lennar Homebuilding East, Central, West, Houston, and Other	Lennar Multifamily
Q1 23	$8M	$183M	$6.2B	$149M
Q2 23	$7M	$223M	$7.7B	$154M
Q3 23	$7M	$266M	$8.3B	$140M
Q4 23	$6M	$305M	$10.5B	$131M
Q1 24	$9M	$250M	$6.9B	$133M
Q2 24	$27M	$282M	$8.4B	$102M
Q3 24	$17M	$273M	$9.0B	$185M
Q4 24	$26M	$305M	$9.5B	$102M
Q1 25	$24M	$277M	$7.3B	$73M
Q3 25	$45M	$314M	$8.3B	$239M

Revenue by Geography

Quarter	Homebuilding Central	Homebuilding East	Homebuilding Other Regions	Homebuilding Texas	Homebuilding West
Q1 23	$1.0B	$1.9B	$5M	$1.0B	$2.2B
Q2 23	$1.4B	$2.3B	$12M	$1.1B	$2.8B
Q3 23	$1.6B	$2.4B	$10M	$1.2B	$3.1B
Q4 23	$2.1B	$3.0B	$12M	$1.4B	$4.0B
Q1 24	$1.4B	$1.9B	$10M	$1.1B	$2.5B
Q2 24	$1.7B	$2.2B	$9M	$1.2B	$3.3B
Q3 24	$2.1B	$2.1B	$6M	$1.3B	$3.5B
Q4 24	$2.4B	$2.2B	$8M	$1.2B	$3.7B
Q1 25	$1.6B	$1.7B	$8M	$1.2B	$2.9B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$4.3B	$0	$4.3B
Q2 23	$4.3B	$0	$4.3B
Q3 23	$4.1B	$0	$4.1B
Q4 23	$6.6B	$0	$6.6B
Q1 24	$5.2B	$0	$5.2B
Q2 24	$3.9B	$0	$3.9B
Q3 24	$4.3B	$0	$4.3B
Q4 24	$5.0B	$0	$5.0B
Q1 25	$2.6B	$0	$2.6B
Q2 25	$1.5B	$0	$1.5B
Q3 25	$1.7B	$0	$1.7B
Q4 25	$3.8B	$0	$3.8B

Shares Outstanding

Revenue Per Employee

Revenue / Employee