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	TTM Q3 2026 2026-08-31	TTM Q2 2026 2026-05-31	TTM Q1 2026 2026-02-28	TTM FY 2025 2025-11-30	TTM Q3 2025 2025-08-31	TTM Q2 2025 2025-05-31	TTM Q1 2025 2025-02-28	TTM FY 2024 2024-11-30	TTM Q3 2024 2024-08-31	TTM Q2 2024 2024-05-31	TTM Q1 2024 2024-02-29	TTM FY 2023 2023-11-30	TTM Q3 2023 2023-08-31	TTM Q2 2023 2023-05-31	TTM Q1 2023 2023-02-28	TTM FY 2022 2022-11-30	TTM Q3 2022 2022-08-31	TTM Q2 2022 2022-05-31	TTM Q1 2022 2022-02-28	TTM FY 2021 2021-11-30	TTM Q3 2021 2021-08-31	TTM Q2 2021 2021-05-31	TTM Q1 2021 2021-02-28	TTM FY 2020 2020-11-30	TTM Q3 2020 2020-08-31	TTM Q2 2020 2020-05-31	TTM Q1 2020 2020-02-29	TTM FY 2019 2019-11-30	TTM Q3 2019 2019-08-31	TTM Q2 2019 2019-05-31	TTM Q1 2019 2019-02-28	TTM FY 2018 2018-11-30	TTM Q3 2018 2018-08-31	TTM Q2 2018 2018-05-31	TTM Q1 2018 2018-02-28	TTM FY 2017 2017-11-30	TTM Q3 2017 2017-08-31	TTM Q2 2017 2017-05-31	TTM Q1 2017 2017-02-28	TTM FY 2016 2016-11-30
Revenue	31,973	32,737	33,175	34,187	34,766	35,372	35,760	35,441	36,463	35,776	35,056	34,233	33,440	33,644	33,958	33,671	31,930	29,937	28,009	27,131	25,523	24,452	23,309	22,489	22,634	22,621	22,897	22,260	21,747	21,563	21,459	20,572	17,898	15,487	13,290	12,646	12,237	11,810	11,294	10,950
Gross Profit	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4,748	4,560	4,383	4,359	4,236	4,125	4,097	3,898	3,689	3,162	2,755	2,531	2,434	2,370	2,271	2,216	2,196
Selling, General & Admin	2,727	2,690	2,680	2,678	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
General & Administrative	594	627	647	637	645	638	639	649	615	565	533	501	–	–	–	–	437	416	402	398	383	374	361	333	320	327	324	321	343	347	355	344	335	311	293	286	268	257	246	233
Total Costs & Expenses	30,255	30,779	30,987	31,519	31,378	31,398	31,196	30,672	31,170	30,299	29,604	28,867	–	–	–	–	25,299	23,921	22,701	22,052	21,054	20,429	19,772	19,373	19,775	19,995	20,329	19,798	19,402	19,295	19,410	18,734	16,393	14,177	12,028	11,307	10,904	10,527	10,022	9,688
Operating Income	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5,837	4,864	4,422	3,482	3,204	3,012	2,887	2,775	3,031	2,837	2,592	2,463	1,774	1,649	1,635	1,476	1,457	1,417	1,424	1,563
Interest Expense	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.63
Income from Equity Investments	123	130	108	78	69	244	228	164	112	-99	-144	-145	-106	-96	-58	-36	-50	-40	47	49	93	86	-27	-22	-61	-44	5.67	2.53	-10	-21	-34	-31	29	40	35	49	40	26	43	55
Other Non-Operating Income	-116	-113	-86	-62	112	155	192	226	130	151	73	31	68	4.34	6.74	-15	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Gain (Loss) on Sale of Assets	48	52	64	78	57	60	60	39	19	17	9.69	7.02	3.11	3.77	7.62	7.62	17	17	27	28	11	14	6.88	8.63	28	35	25	23	-18	-27	-23	-23	18	18	13	13	1.90	14	14	14
Pretax Income	1,786	2,189	2,418	2,814	3,589	4,333	4,952	5,185	5,511	5,451	5,349	5,202	5,177	5,526	6,122	6,015	5,837	5,827	5,169	5,819	5,403	4,448	4,027	3,124	2,848	2,656	2,539	2,434	2,582	2,481	2,312	2,263	1,688	1,491	1,409	1,190	1,189	1,160	1,178	1,330
Income Tax Expense	461	550	605	706	879	1,036	1,176	1,217	1,276	1,286	1,267	1,241	1,239	1,232	1,384	1,366	1,338	1,392	1,220	1,363	1,249	1,034	934	656	600	565	545	592	613	557	492	545	471	498	530	418	405	386	381	417
Net Income incl. Noncontrolling Interests	1,325	1,639	1,813	2,108	2,710	3,298	3,776	3,968	4,235	4,165	4,082	3,961	3,938	4,294	4,738	4,649	4,498	4,435	3,949	4,457	4,154	3,414	3,093	2,468	2,248	2,091	1,994	1,842	1,969	1,924	1,820	1,718	1,217	993	879	772	784	774	797	913
Minority Interest in Earnings	17	24	25	30	26	42	44	35	37	21	21	23	38	36	31	34	16	13	17	26	31	32	25	2.52	-8.75	-12	-14	-6.93	-1.73	13	21	22	7.80	-12	-30	-39	-30	-27	-8.53	1.25
Net Income	1,308	1,615	1,788	2,078	2,684	3,256	3,733	3,933	4,198	4,144	4,061	3,939	3,900	4,258	4,707	4,614	4,482	4,422	3,932	4,430	4,122	3,382	3,068	2,465	2,257	2,104	2,008	1,849	1,971	1,911	1,800	1,696	1,209	1,005	909	810	814	801	806	912
Net Income to Common	1,295	1,599	1,770	2,058	2,658	3,224	3,696	3,894	4,154	4,098	4,012	3,890	3,853	4,209	4,654	4,562	4,431	4,370	3,887	4,377	4,072	3,341	3,032	2,437	2,232	2,082	1,989	1,833	1,954	1,895	1,784	1,681	1,199	996	900	803	806	793	798	903
EPS (Basic)(per share)	5.29	6.39	6.96	7.98	10.12	12.09	13.73	14.31	15.10	14.71	14.27	13.73	13.49	14.66	16.15	15.74	15.15	14.63	12.79	14.28	13.20	10.81	9.81	7.88	7.19	6.66	6.31	5.76	6.07	5.84	5.48	5.46	4.14	3.81	3.75	3.38	3.43	3.41	3.51	4.05
EPS (Diluted)(per share)	5.29	6.39	6.96	7.99	10.12	12.09	13.73	14.31	15.10	14.71	14.27	13.73	13.49	14.65	16.13	15.72	15.12	14.61	12.77	14.27	13.19	10.79	9.79	7.85	7.17	6.64	6.29	5.74	6.05	5.83	5.47	5.44	4.13	3.80	3.75	3.38	3.40	3.35	3.39	3.86
Shares Outstanding (Basic, Weighted)(shares)	244	248	253	258	261	265	268	272	275	278	281	283	285	287	288	290	293	298	303	307	309	309	309	309	311	313	316	318	321	324	325	308	286	263	241	237	239	236	230	223
Shares Outstanding (Diluted, Weighted)(shares)	244	248	253	258	261	265	268	272	275	278	281	283	285	287	288	290	293	298	303	307	309	309	309	309	311	313	316	318	321	324	325	309	287	264	242	237	240	239	237	235
Dividend per Share(per share)	–	–	–	–	–	–	–	–	–	–	–	–	–	1.50	1.50	1.50	–	–	–	–	–	0.63	–	–	–	–	–	0.16	–	–	–	–	–	–	–	–	–	–	–	–
EBITDA	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5,928	4,959	4,518	3,577	3,301	3,108	2,982	2,868	3,119	2,928	2,682	2,554	1,860	1,727	1,709	1,542	1,519	1,474	1,476	1,613

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: –