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

Lennar Corporation (LEN) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Lennar Corporation (LEN) trades at a P/B ratio of 0.8×. Over the past ten years it has ranged from 0.5× (March 2020) to 2.1× (January 2018); the current reading is higher than 2% of that period. That is below the Residential Construction industry median of 1.1× and below the Consumer Cyclical sector median of 1.6×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.5× (7.01%)
FY2024 1.6× 24.07%
FY2023 1.3× 29.26%
FY2022 1.0× (31.55%)
FY2021 1.5× 18.29%
FY2020 1.3× 10.94%
FY2019 1.1× 30.41%
FY2018 0.9× (51.92%)
FY2017 1.8× 44.08%
FY2016 1.3× (27.15%)

Quarterly newest first

Period P/B ratio Change
Aug 2026 0.9× (7.53%)
May 2026 1.0× (18.77%)
Feb 2026 1.2× (19.05%)
Nov 2025 1.5× 1.70%
43 more quarters

Against its own ten years

Low 0.5× High 2.1×
Ten-year median 1.3×
Current reading's percentile 2

P/B ratio against peers

Company P/B ratio
LEN.B Lennar Corporation compare 0.8×
LEN Lennar Corporation 0.8×
TOL Toll Brothers Inc. compare 1.5×
DHI D.R. Horton, Inc. compare 1.6×
PHM PulteGroup, Inc. compare 1.6×
SKY Champion Homes, Inc. compare 2.7×
CVCO Cavco Industries, Inc. compare 3.6×
NVR NVR, Inc. compare 4.7×
IBP Installed Building Products, Inc. compare 7.7×
Residential Construction industry median 1.1×
Consumer Cyclical sector median 1.6×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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