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) Free cash flow margin
Lennar Corporation's free cash flow margin over the twelve months to 31 August 2026 was 2.93%, up 2.4 percentage points from fiscal 2025 (0.52%). Over the past ten years it has ranged from −2.98% (fiscal 2015) to 18.5% (fiscal 2020); the current reading is higher than 18% of that period. That is below the Residential Construction industry median of 8.39% and below the Consumer Cyclical sector median of 3.20%.
Free cash flow margin, annual
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Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 0.52% | (5.95) |
| FY2024 | 6.47% | (8.41) |
| FY2023 | 14.9% | 5.28 |
| FY2022 | 9.60% | 0.35 |
| FY2021 | 9.25% | (9.21) |
| FY2020 | 18.5% | 11.83 |
| FY2019 | 6.63% | (0.96) |
| FY2018 | 7.59% | 0.71 |
| FY2017 | 6.88% | 2.71 |
| FY2016 | 4.17% | 7.15 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| DHI D.R. Horton, Inc. compare | 10.1% |
| TOL Toll Brothers Inc. compare | 10.1% |
| CVCO Cavco Industries, Inc. compare | 9.71% |
| NVR NVR, Inc. compare | 8.78% |
| PHM PulteGroup, Inc. compare | 8.68% |
| SKY Champion Homes, Inc. compare | 8.50% |
| IBP Installed Building Products, Inc. compare | 8.27% |
| LEN.B Lennar Corporation compare | 2.93% |
| LEN Lennar Corporation | 2.93% |
| Residential Construction industry median | 8.39% |
| Consumer Cyclical sector median | 3.20% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on LEN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- 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