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Saturday 17 October 2026 Export LEN’s income statement to Excel — free account

Lennar Corporation

LEN Consumer Cyclical Residential Construction

Lennar Corporation’s revenue for fiscal 2025 (year ended November 2025) was $34.2 billion, down 3.54% from fiscal 2024. In the quarter to August 2026, revenue fell 8.67%, EPS fell 48.0%, free cash flow grew 50.1% and total debt rose 22.0%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.

77.08 0.61 −0.79%
Market cap
$18.5B
P/E
14.6×
Fwd P/E
14.8×
Dividend yield
2.59%
F-score
5/9
Altman Z
4.27
Beneish M
−2.02
Dividend safety
64/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Lennar Corporation (LEN) Debt to equity

Alert me on Debt to equity

Lennar Corporation's debt to equity at the end of the quarter to 31 August 2026 was 0.2×, up 0.0× from fiscal 2025 (0.2×). Over the past ten years it has ranged from 0.1× (fiscal 2024) to 0.8× (fiscal 2015); the current reading is higher than 36% of that period. That is in line with the Residential Construction industry median of 0.2× and in line with the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.2× 128.91%
FY2024 0.1× (23.60%)
FY2023 0.1× (36.83%)
FY2022 0.2× (24.64%)
FY2021 0.2× (32.66%)
FY2020 0.3× (32.14%)
FY2019 0.5× (16.65%)
FY2018 0.6× (27.50%)
FY2017 0.8× 26.49%
FY2016 0.6× (24.87%)

Quarterly newest first

Period Debt to equity Change
Aug 2026 0.2× 6.51%
May 2026 0.2× 0.81%
Feb 2026 0.2× 0.00%
Nov 2025 0.2× 19.11%
43 more quarters

Against its own ten years

Low 0.1× High 0.8×
Ten-year median 0.3×
Current reading's percentile 36

Debt to equity against peers

Company Debt to equity
CVCO Cavco Industries, Inc. compare 0.0×
SKY Champion Homes, Inc. compare 0.0×
PHM PulteGroup, Inc. compare 0.2×
LEN.B Lennar Corporation compare 0.2×
LEN Lennar Corporation 0.2×
NVR NVR, Inc. compare 0.3×
DHI D.R. Horton, Inc. compare 0.3×
TOL Toll Brothers Inc. compare 0.3×
IBP Installed Building Products, Inc. compare 1.7×
Residential Construction industry median 0.2×
Consumer Cyclical sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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