Lennar Corp (LEN.B) income statement

LEN.BNYSEGeneral Bldg Contractors - Residential BldgsFiscal year ends November 30Also trades as LEN

Financials through Q3 FY2026, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 2, 2026Score 8/3012% above fair value

$84.28+1.82 (+2.21%)

Close on Oct 29, 2026Market cap $20.27BP/E 15.9Yield –

Lennar Corp income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-11-30	FY 2024 2024-11-30	FY 2023 2023-11-30	FY 2022 2022-11-30	FY 2021 2021-11-30	FY 2020 2020-11-30	FY 2019 2019-11-30	FY 2018 2018-11-30	FY 2017 2017-11-30	FY 2016 2016-11-30	FY 2015 2015-11-30	FY 2014 2014-11-30	FY 2013 2013-11-30	FY 2012 2012-11-30	FY 2011 2011-11-30	FY 2010 2010-11-30	FY 2009 2009-11-30	FY 2008 2008-11-30
Revenue	34,187	35,441	34,233	33,671	27,131	22,489	22,260	20,572	12,646	10,950	9,474	7,780	5,935	4,105	3,095	3,074	3,119	4,575
Selling, General & Admin	2,678	2,480	2,231	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
General & Administrative	637	649	501	–	398	333	321	344	286	233	216	177	146	127	95	94	118	130
Advertising Expenses	211	191	146	102	74	73	84	72	47	41	48	45	32	33	41	40	42	–
Total Costs & Expenses	31,519	30,672	28,867	–	22,052	19,373	19,798	18,734	11,307	9,688	8,388	6,858	5,249	3,789	2,992	2,950	3,580	5,015
Operating Income	–	–	–	–	–	3,482	2,775	2,463	1,476	1,563	1,426	1,147	828	349	193	189	-643	–
Interest Expense	–	–	–	–	–	–	–	–	–	4.63	12	37	214	181	163	144	147	–
Income from Equity Investments	78	164	-145	-36	49	-22	2.53	-31	49	55	105	73	46	–	–	–	–	–
Other Non-Operating Income	-62	226	31	-15	181	–	–	–	–	–	–	–	–	–	–	–	–	–
Asset Impairment Charges	23	–	37	–	–	–	–	–	–	–	25	76	32	–	–	55	472	565
Gain (Loss) on Sale of Assets	78	39	7.02	7.62	28	8.63	23	-23	13	14	5.95	0	14	0	0	–	–	–
Pretax Income	2,814	5,185	5,202	6,015	5,819	3,124	2,434	2,263	1,190	1,330	1,210	970	682	222	98	95	-760	–
Income Tax Expense	706	1,217	1,241	1,366	1,363	656	592	545	418	417	390	341	177	-435	-15	-26	-314	548
Net Income incl. Noncontrolling Interests	2,108	3,968	3,961	4,649	4,457	2,468	1,842	1,718	772	913	819	629	505	657	113	120	-446	-1,113
Minority Interest in Earnings	30	35	23	34	26	2.52	-6.93	22	-39	1.25	16	-10	25	-22	20	25	-29	-4.10
Net Income	2,078	3,933	3,939	4,614	4,430	2,465	1,849	1,696	810	912	803	639	480	679	92	95	-417	-1,109
Net Income to Common	2,058	3,894	3,890	4,562	4,377	2,437	1,833	1,681	803	903	794	631	473	668	91	94	-417	–
EPS (Basic)(per share)	7.98	14.31	13.73	15.74	14.28	7.88	5.76	5.46	3.38	4.05	3.78	3.12	2.48	3.58	0.49	0.51	-2.45	-7.01
EPS (Diluted)(per share)	–	14.31	13.73	15.72	14.27	7.85	5.74	5.44	3.38	3.86	3.39	2.80	2.15	3.11	0.48	0.51	-2.45	-7.01
Shares Outstanding (Basic, Weighted)(shares)	258	272	283	290	307	309	318	308	237	223	210	202	–	–	–	–	–	–
Shares Outstanding (Diluted, Weighted)(shares)	258	272	283	290	307	309	318	309	237	235	235	228	226	219	195	189	0.17	–
Dividend per Share(per share)	–	–	–	–	0.25	–	–	–	–	–	–	–	–	–	–	–	–	–
EBITDA	–	–	–	–	–	3,577	2,868	2,554	1,542	1,613	1,470	1,185	858	378	215	202	-623	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Aug 31, 2026

Profitability, TTM

Gross margin: –
Operating margin: –
Net margin: 4.1%
Return on equity, FY2025: 8.3%

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: 15.9
Price to sales: 0.63
Price to book: 0.94
Dividend yield: –