Lennar Corporation LEN
- Market cap
- $19.6B
- P/E
- 15.5×
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Lennar Corporation (LEN) EV/EBITDA
As of 25 September 2026, Lennar Corporation (LEN) trades at a EV/EBITDA of 10.4×. Over the past ten years it has ranged from 3.3× (October 2022) to 19.2× (July 2018); the current reading is higher than 59% of that period. That is in line with the Residential Construction industry median of 10.5× and above the Consumer Cyclical sector median of 9.4×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 11.8× | 36.00% |
| FY2024 | 8.7× | 52.91% |
| FY2023 | 5.7× | 62.83% |
| FY2022 | 3.5× | (44.80%) |
| FY2021 | 6.3× | (21.60%) |
| FY2020 | 8.1× | (16.64%) |
| FY2019 | 9.7× | (7.16%) |
| FY2018 | 10.4× | (18.97%) |
| FY2017 | 12.9× | 38.08% |
| FY2016 | 9.3× | (24.31%) |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Aug 2026 | 10.6× | (3.30%) |
| 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 |
|---|---|
| PHM PulteGroup, Inc. compare | 9.0× |
| TOL Toll Brothers Inc. compare | 9.2× |
| LEN.B Lennar Corporation compare | 9.9× |
| LEN Lennar Corporation | 10.4× |
| NVR NVR, Inc. compare | 10.5× |
| DHI D.R. Horton, Inc. compare | 10.7× |
| IBP Installed Building Products, Inc. compare | 11.6× |
| MTH Meritage Homes Corporation compare | 12.9× |
| SKY Champion Homes, Inc. compare | 14.3× |
| Residential Construction industry median | 10.5× |
| Consumer Cyclical sector median | 9.4× |
| Market median | 11.0× |
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
- 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
- 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
- The full statement