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Lennar (LEN)

NYSE Consumer Discretionary Homebuilding S&P 500
$88.74
-2.85 (-3.11%)
Close of Nov 06, 2026 · end-of-day data
Source: Lennar's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$10.95B$12.65B$20.57B$22.26B$22.49B$27.13B$33.67B$34.23B$35.44B$34.19B
Selling, general & admin———————$2.23B$2.48B$2.68B
Operating income$1.56B$1.48B$2.46B$2.78B$3.48B—————
Interest expense$4.63M—————————
Pre-tax income$1.33B$1.19B$2.26B$2.43B$3.12B$5.82B$6.01B$5.20B$5.18B$2.81B
Income tax$417.38M$417.86M$545.17M$592.17M$656.24M$1.36B$1.37B$1.24B$1.22B$705.56M
Net income$911.84M$810.48M$1.70B$1.85B$2.47B$4.43B$4.61B$3.94B$3.93B$2.08B
EBITDA$1.61B$1.54B$2.55B$2.87B$3.58B—————
EPS (basic)$4.05$3.38$5.46$5.76$7.88$14.28$15.74$13.73$14.31$7.98
EPS (diluted)$3.86$3.38$5.44$5.74$7.85$14.27$15.72$13.73$14.31—
Diluted shares235.37M237.16M308.56M318.42M309.41M306.61M289.82M283.32M272.02M—
Operating margin14.3%11.7%12.0%12.5%15.5%—————
Net margin8.3%6.4%8.2%8.3%11.0%16.3%13.7%11.5%11.1%6.1%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$1.33B$2.65B$1.56B$1.45B$2.86B$2.96B$4.82B$6.57B$4.91B$3.76B
Goodwill———$3.66B$3.63B———$3.63B$3.63B
Total assets$15.36B$18.75B$28.57B$29.36B$29.94B$33.21B$37.98B$39.23B$41.31B$34.43B
Long-term debt———$9.57B$7.42B———$4.19B$5.87B
Total debt———$9.57B$7.42B———$4.19B$5.87B
Total liabilities$8.15B$10.76B$13.88B$13.33B$11.84B$12.21B$13.74B$12.53B$13.29B$12.29B
Shareholders' equity$7.03B$7.87B$14.58B$15.95B$17.99B$20.82B$24.10B$26.58B$27.87B$21.96B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$507.80M$982.37M$1.69B$1.48B$4.19B$2.53B$3.27B$5.18B$2.40B$216.81M
Capital expenditures$76.44M$111.77M$130.44M$86.50M$72.75M$65.17M$57.21M$99.80M$171.50M$188.63M
Free cash flow$431.37M$870.60M$1.56B$1.40B$4.12B$2.47B$3.21B$5.08B$2.23B$28.18M
Investing cash flow-$85.84M-$845.08M-$593.95M$19.60M-$280.20M-$105.09M-$128.30M-$176.98M-$302.56M$221.57M
Financing cash flow-$250.88M$1.19B-$2.20B-$1.63B-$2.45B-$2.40B-$1.28B-$3.25B-$3.68B-$1.60B
Dividends paid$35.32M$37.61M$49.16M$51.45M$195.04M$309.78M$438.04M$430.56M$548.82M$520.96M
Share buybacks$19.90M$27.05M$299.83M$523.07M$321.52M$1.43B$1.04B$1.18B$2.26B$1.81B
Stock-based compensation$55.52M$61.36M$72.66M$86.94M$107.13M$134.62M$184.09M$160.72M$176.68M$163.49M
Depreciation & amortization$50.22M$66.32M$91.18M$92.20M$94.55M$85.95M$87.08M$110.16M$115.53M$134.31M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.