Lennar Corp (LEN.B) stock
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 free cash flow
Free cash flow is cash from operations minus capital expenditures: the cash available for dividends, buybacks, debt repayment or acquisitions.
Lennar's free cash flow for the twelve months ending Aug 31, 2026 was $811.27M. For fiscal 2025 it was $28.18M, down 98.7% from the year before. The highest annual figure on record is $5.08B in fiscal 2023.
Annual free cash flow
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | $28.18M | -98.7% |
| FY2024 | Nov 30, 2024 | $2.23B | -56.1% |
| FY2023 | Nov 30, 2023 | $5.08B | +58.3% |
| FY2022 | Nov 30, 2022 | $3.21B | +30.0% |
| FY2021 | Nov 30, 2021 | $2.47B | -40.1% |
| FY2020 | Nov 30, 2020 | $4.12B | +195.0% |
| FY2019 | Nov 30, 2019 | $1.40B | -10.6% |
| FY2018 | Nov 30, 2018 | $1.56B | +79.3% |
| FY2017 | Nov 30, 2017 | $870.60M | +101.8% |
| FY2016 | Nov 30, 2016 | $431.37M | – |
| FY2015 | Nov 30, 2015 | -$511.00M | – |
| FY2014 | Nov 30, 2014 | -$811.09M | – |
Quarterly free cash flow
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Aug 31, 2026 | -$96.28M | – |
| Q2 FY2026 | May 31, 2026 | -$303.24M | – |
| Q1 FY2026 | Feb 28, 2026 | -$463.49M | – |
| Q4 FY2025 | Nov 30, 2025 | $1.67B | +79.4% |
| Q3 FY2025 | Aug 31, 2025 | -$190.78M | -123.8% |
| Q2 FY2025 | May 31, 2025 | -$1.11B | -647.0% |
| Q1 FY2025 | Feb 28, 2025 | -$345.09M | -217.0% |
| Q4 FY2024 | Nov 30, 2024 | $933.14M | -63.3% |
| Q3 FY2024 | Aug 31, 2024 | $800.84M | -13.8% |
| Q2 FY2024 | May 31, 2024 | $202.95M | -68.0% |
| Q1 FY2024 | Feb 29, 2024 | $294.94M | -69.7% |
| Q4 FY2023 | Nov 30, 2023 | $2.54B | -5.3% |
| Q3 FY2023 | Aug 31, 2023 | $929.52M | +92.8% |
| Q2 FY2023 | May 31, 2023 | $634.63M | +429.9% |
| Q1 FY2023 | Feb 28, 2023 | $972.78M | – |
| Q4 FY2022 | Nov 30, 2022 | $2.68B | +124.6% |
| Q3 FY2022 | Aug 31, 2022 | $482.17M | -16.7% |
| Q2 FY2022 | May 31, 2022 | $119.76M | -62.2% |
| Q1 FY2022 | Feb 28, 2022 | -$78.01M | -120.7% |
| Q4 FY2021 | Nov 30, 2021 | $1.20B | -5.4% |
| Q3 FY2021 | Aug 31, 2021 | $578.63M | -63.1% |
| Q2 FY2021 | May 31, 2021 | $316.82M | -65.6% |
| Q1 FY2021 | Feb 28, 2021 | $376.95M | +3.3% |
| Q4 FY2020 | Nov 30, 2020 | $1.26B | +8.3% |
| Q3 FY2020 | Aug 31, 2020 | $1.57B | +122.1% |
| Q2 FY2020 | May 31, 2020 | $920.01M | +1140.5% |
| Q1 FY2020 | Feb 29, 2020 | $365.07M | – |
| Q4 FY2019 | Nov 30, 2019 | $1.17B | +27.4% |
| Q3 FY2019 | Aug 31, 2019 | $706.39M | +3.2% |
| Q2 FY2019 | May 31, 2019 | $74.16M | -52.7% |
| Q1 FY2019 | Feb 28, 2019 | -$551.82M | – |
| Q4 FY2018 | Nov 30, 2018 | $916.38M | +50.2% |
| Q3 FY2018 | Aug 31, 2018 | $684.35M | +46.4% |
| Q2 FY2018 | May 31, 2018 | $156.92M | – |
| Q1 FY2018 | Feb 28, 2018 | -$196.34M | -466.7% |
| Q4 FY2017 | Nov 30, 2017 | $610.00M | +24.7% |
| Q3 FY2017 | Aug 31, 2017 | $467.41M | – |
| Q2 FY2017 | May 31, 2017 | -$260.34M | – |
| Q1 FY2017 | Feb 28, 2017 | $53.54M | – |
| Q4 FY2016 | Nov 30, 2016 | $489.29M | – |