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.
- Revenue
- −8.67%
- EPS
- −48.0%
- Free cash flow
- +50.1%
- Total debt
- +22.0%
Quarter to August 2026, against a year earlier
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Lennar Corporation (LEN) EV/EBITDA
As of 5 November 2026, Lennar Corporation (LEN) trades at a EV/EBITDA of 12.8×. Over the past ten years it has ranged from 3.3× (October 2022) to 19.1× (July 2018); the current reading is higher than 87% of that period. That is in line with the Residential Construction industry median of 12.5× and above the Consumer Cyclical sector median of 9.8×.
EV/EBITDA, daily
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Annual newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 11.8× | 37.07% |
| FY2024 | 8.6× | 52.97% |
| FY2023 | 5.7× | 62.72% |
| FY2022 | 3.5× | (44.83%) |
| FY2021 | 6.3× | (21.64%) |
| FY2020 | 8.0× | (16.72%) |
| FY2019 | 9.6× | (7.22%) |
| FY2018 | 10.4× | (18.89%) |
| FY2017 | 12.8× | 36.33% |
| FY2016 | 9.4× | (23.78%) |
Quarterly newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Aug 2026 | 11.9× | 8.55% |
| May 2026 | 11.0× | (8.96%) |
| Feb 2026 | 12.0× | 1.66% |
| Nov 2025 | 11.8× | 18.46% |
| 43 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| TOL Toll Brothers Inc. compare | 10.3× |
| PHM PulteGroup, Inc. compare | 10.4× |
| NVR NVR, Inc. compare | 10.5× |
| DHI D.R. Horton, Inc. compare | 11.4× |
| IBP Installed Building Products, Inc. compare | 12.5× |
| LEN.B Lennar Corporation compare | 12.6× |
| LEN Lennar Corporation | 12.8× |
| SKY Champion Homes, Inc. compare | 15.9× |
| CVCO Cavco Industries, Inc. compare | 18.2× |
| Residential Construction industry median | 12.5× |
| Consumer Cyclical sector median | 9.8× |
| Market median | 10.9× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on LEN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement