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 operating margin
Operating margin is operating income as a percentage of revenue.
Lennar's operating margin for the twelve months ending Aug 31, 2021 was 22.9%. For fiscal 2020 it was 15.5%, against 12.5% the year before. The highest annual figure on record is 15.5% in fiscal 2020.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2020 | Nov 30, 2020 | 15.5% | +3.0 |
| FY2019 | Nov 30, 2019 | 12.5% | +0.5 |
| FY2018 | Nov 30, 2018 | 12.0% | +0.3 |
| FY2017 | Nov 30, 2017 | 11.7% | −2.6 |
| FY2016 | Nov 30, 2016 | 14.3% | −0.8 |
| FY2015 | Nov 30, 2015 | 15.1% | +0.3 |
| FY2014 | Nov 30, 2014 | 14.7% | +0.8 |
| FY2013 | Nov 30, 2013 | 14.0% | +5.4 |
| FY2012 | Nov 30, 2012 | 8.5% | +2.3 |
| FY2011 | Nov 30, 2011 | 6.2% | +0.1 |
| FY2010 | Nov 30, 2010 | 6.1% | +26.7 |
| FY2009 | Nov 30, 2009 | -20.6% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q1 FY2022 | Feb 28, 2022 | 12.9% | −5.5 |
| Q3 FY2021 | Aug 31, 2021 | 27.7% | +11.5 |
| Q2 FY2021 | May 31, 2021 | 18.7% | +4.3 |
| Q1 FY2021 | Feb 28, 2021 | 27.2% | +15.9 |
| Q4 FY2020 | Nov 30, 2020 | 18.5% | +4.4 |
| Q3 FY2020 | Aug 31, 2020 | 16.2% | +3.2 |
| Q2 FY2020 | May 31, 2020 | 14.4% | +3.0 |
| Q1 FY2020 | Feb 29, 2020 | 11.3% | +1.0 |
| Q4 FY2019 | Nov 30, 2019 | 14.1% | −5.1 |
| Q3 FY2019 | Aug 31, 2019 | 13.0% | +3.0 |
| Q2 FY2019 | May 31, 2019 | 11.4% | +4.3 |
| Q1 FY2019 | Feb 28, 2019 | 10.3% | +1.3 |
| Q4 FY2018 | Nov 30, 2018 | 19.2% | +4.7 |
| Q3 FY2018 | Aug 31, 2018 | 10.0% | −3.6 |
| Q2 FY2018 | May 31, 2018 | 7.2% | −4.4 |
| Q1 FY2018 | Feb 28, 2018 | 9.0% | +4.3 |
| Q4 FY2017 | Nov 30, 2017 | 14.5% | −1.2 |
| Q3 FY2017 | Aug 31, 2017 | 13.5% | – |
| Q2 FY2017 | May 31, 2017 | 11.5% | – |
| Q1 FY2017 | Feb 28, 2017 | 4.7% | – |
| Q4 FY2016 | Nov 30, 2016 | 15.7% | – |