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Lennar Corp (LEN) company profile

LENNYSEGeneral Bldg Contractors - Residential BldgsFiscal year ends November 30Also trades as LEN.B
Financials through Q3 FY2026, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 2, 2026Score 9/3012% above fair value
$86.33−0.33 (-0.38%)

Close on Nov 11, 2026Market cap $20.47BP/E 16.3Yield –

About Lennar

General Bldg Contractors - Residential Bldgs, SIC 1520

Lennar Corporation constructs and sells single-family attached and detached residential homes, develops residential land, and develops multifamily rental housing. Beyond residential construction, the firm provides commercial mortgage originations, residential mortgage financing, and title insurance and closing services. It also sponsors and oversees investment funds and joint ventures that develop or hold multifamily and single-family rental assets, while investing in real estate and financial technologies. The enterprise operates across reportable business segments comprising Homebuilding, Financial Services, Multifamily, and Lennar Other, primarily serving prospective homebuyers ranging from first-time, move-up, and active adult purchasers to luxury and multi-generational clients.

Headquartered in Miami, Florida, the builder conducts homebuilding operations across multiple regions in the United States, including the East, Central, South Central, and West. Its operational reach spans dozens of states such as Florida, Texas, California, Arizona, North Carolina, and Pennsylvania. As of late 2025, the company engaged in active construction and sales across 1,708 communities.

Summary of the business section of Lennar's latest annual report, written by StockData.

Company profile

Company

Legal name
Lennar Corp
Founded
1954
Headquarters
Miami, FL
Address
5505 Waterford District Drive 33126
Phone
(305) 559-4000
Website
lennar.com
Employees
12,532, Nov 30, 2025
Industry
General Bldg Contractors - Residential Bldgs
Incorporated in
Delaware
Fiscal year ends
November 30
Auditor
Deloitte& Touche LLP, Miami, Florida

Stock & identifiers

Ticker
LEN
Other tickers
LEN.B
Exchange
NYSE
Shares outstanding
238M, Aug 31, 2026
Public float
$24.64B, May 31, 2025
Filer category
Large accelerated filer
Stock splits
2-for-1, Jan 21, 2004; 3-for-2, Apr 21, 1994; 2-for-1, Feb 26, 1992; 2-for-1, Oct 31, 1980
SEC CIK
920760
CUSIP
526057104
ISIN
US5260571048
FIGI
BBG000BN5HF7
Share class FIGI
BBG001S5SRK3
LEI
529900G61XVRLX5TJX09
EIN
95-4337490

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Stuart A. MillerExec. Chairman, CEO, President, Director23,511,038
Jonathan M. JaffeCo-CEO & President, Director1,231,540
James David GroveArea President63,281
James Buchanan Parker Jr.Area President66,325
Diane J. BessetteVP & Chief Financial Officer343,280
David M. CollinsVP & Controller54,154
Martin Katherine LeeChief Legal Officer/Secretary56,600
Mark SustanaVP/General Counsel/Secretary32,063
Teri P. McClureDirector32,288
Amy BanseDirector17,307
Dacona SmithDirector6,292
Jeffrey SonnenfeldDirector28,800
Armando J. OliveraDirector23,513
Serena WolfeDirector6,362
Theron I. GilliamDirector37,270
Sherrill W. HudsonDirector43,958

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Jonathan M.Jaffe
$23.38M-$12.78M$5.21M$201$232
FY2025
Rick Beckwitt
$0$0$5.21M$201$232
FY2025
Stuart Miller
$29.53M-$11.77M$5.21M$201$232
FY2024
Jonathan M.Jaffe
$25.09M$24.75M$3.82M$243$255
FY2024
Rick Beckwitt
$0$0$3.82M$243$255
FY2024
Stuart Miller
$29.55M$29.22M$3.82M$243$255

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryBonusStock awardsIncentive payOtherTotalvs. prior year
Stuart Miller
Executive Chairman & Chief Executive Officer
$1.00M–$25.74M$2.77M$18.40K$29.53M-0%
Diane Bessette
Vice President and Chief Financial Officer
$750.00K–$4.65M$2.85M$25.88K$8.28M+17%
Katherine Lee Martin
Chief Legal Officer & Corporate Secretary
$147.95K$500.00K$5.97M$1.40M$693$8.02M–
David Collins
Vice President, Controller
$350.00K–$1.00M$902.50K$18.40K$2.27M+1%
Jonathan M. Jaffe
Former Co-Chief Executive Officer and President
$800.00K–$22.54M–$39.17K$23.38M-7%
Mark Sustana
Former Vice President, General Counsel & Secretary
$376.71K–$1.55M–$348.35K$2.28M-34%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

Employees

Headcount reported in annual reports

“At November 30, 2025, we employed 12,532 individuals of whom 10,182 were involved in the Homebuilding operations, 2,132 were involved in the Financial Services operations and 218 were involved in the Multifamily operations, compared to November 30, 2024, when we employed 13,265 individuals of whom 10,653 were involved in the Homebuilding operations, ”

Corporate history

Events identified from SEC filings

DateEventDetails
Apr 27, 2018MergerRegistration of securities for a merger or exchange offer (S-4)
Apr 27, 2018Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Feb 13, 2018Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jan 5, 2018Merger voteDefinitive merger proxy statement
Nov 22, 2017MergerRegistration of securities for a merger or exchange offer (S-4)
Nov 10, 2016MergerRegistration of securities for a merger or exchange offer (S-4)
Aug 5, 2013MergerRegistration of securities for a merger or exchange offer (S-4)
Feb 6, 2013MergerRegistration of securities for a merger or exchange offer (S-4)
Sep 7, 2012MergerRegistration of securities for a merger or exchange offer (S-4)
Jun 18, 2010MergerRegistration of securities for a merger or exchange offer (S-4)
Jun 26, 2009MergerRegistration of securities for a merger or exchange offer (S-4)
Aug 21, 2006MergerRegistration of securities for a merger or exchange offer (S-4)
Jul 10, 2006Late filingNotification of late filing
Jan 9, 2006MergerRegistration of securities for a merger or exchange offer (S-4)
Oct 24, 2005MergerRegistration of securities for a merger or exchange offer (S-4)
Oct 11, 2005Late filingNotification of late filing
Aug 25, 2005MergerRegistration of securities for a merger or exchange offer (S-4)
Dec 10, 2004MergerRegistration of securities for a merger or exchange offer (S-4)
Jun 29, 2004MergerRegistration of securities for a merger or exchange offer (S-4)
Apr 8, 2003ListingRegistration of securities on an exchange (Form 8-A)
Jul 17, 2001MergerRegistration of securities for a merger or exchange offer (S-4)
Jul 13, 2000MergerRegistration of securities for a merger or exchange offer (S-4)
Mar 21, 2000MergerRegistration of securities for a merger or exchange offer (S-4)
Oct 2, 1997Merger voteDefinitive merger proxy statement
Sep 26, 1997Name changeName changed from PACIFIC GREYSTONE CORP /DE/ to Lennar Corp
Sep 16, 1997MergerRegistration of securities for a merger or exchange offer (S-4)
May 21, 1996ListingRegistration of securities on an exchange (Form 8-A)

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