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.
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Lennar Corporation (LEN) Operating cash flow
Lennar Corporation's operating cash flow for fiscal 2025 was $216.8M, down 91.0% from $2.4B in fiscal 2024. Over the twelve months to 31 August 2026 it was $937.3M. Over the past ten years it has ranged from −$419.6M (fiscal 2015) to $5.2B (fiscal 2023); the current reading is higher than 18% of that period. Lennar Corporation ranks 5th of 18 Residential Construction companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | $216.8M | (90.98%) |
| FY2024 | $2.4B | (53.60%) |
| FY2023 | $5.2B | 58.61% |
| FY2022 | $3.3B | 28.94% |
| FY2021 | $2.5B | (39.56%) |
| FY2020 | $4.2B | 182.72% |
| FY2019 | $1.5B | (12.38%) |
| FY2018 | $1.7B | 72.21% |
| FY2017 | $982.4M | 93.46% |
| FY2016 | $507.8M | — |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Aug 2026 | −$104.3M | — |
| May 2026 | −$284.4M | — |
| Feb 2026 | −$433.5M | — |
| Nov 2025 | $1.8B | — |
| 43 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| DHI D.R. Horton, Inc. compare | $3.4B |
| PHM PulteGroup, Inc. compare | $1.6B |
| TOL Toll Brothers Inc. compare | $1.2B |
| NVR NVR, Inc. compare | $1.1B |
| LEN Lennar Corporation | $937.3M |
| LEN.B Lennar Corporation compare | $937.3M |
| IBP Installed Building Products, Inc. compare | $360.0M |
| SKY Champion Homes, Inc. compare | $301.0M |
| CVCO Cavco Industries, Inc. compare | $286.4M |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free 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/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
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