Pricing Log in Create free account
Friday 6 November 2026 Export LEN’s income statement to Excel — free account

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

91.54 0.65 −0.71%
Market cap
$21.7B
P/E
17.3×
Fwd P/E
17.9×
Dividend yield
2.18%
F-score
5/9
Altman Z
4.27
Beneish M
−2.02
Dividend safety
64/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Lennar Corporation (LEN) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Lennar Corporation (LEN) trades at a P/B ratio of 1.0×. Over the past ten years it has ranged from 0.5× (March 2020) to 2.0× (January 2018); the current reading is higher than 14% of that period. That is below the Residential Construction industry median of 1.2× and below the Consumer Cyclical sector median of 1.7×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 1.5× (6.32%)
FY2024 1.6× 24.08%
FY2023 1.3× 29.24%
FY2022 1.0× (31.55%)
FY2021 1.5× 18.30%
FY2020 1.2× 10.95%
FY2019 1.1× 30.42%
FY2018 0.9× (51.93%)
FY2017 1.8× 41.67%
FY2016 1.3× (26.45%)

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 2.0×
Ten-year median 1.3×
Current reading's percentile 16

P/B ratio against peers

Company P/B ratio
LEN.B Lennar Corporation compare 1.0×
LEN Lennar Corporation 1.0×
TOL Toll Brothers Inc. compare 1.7×
DHI D.R. Horton, Inc. compare 1.8×
PHM PulteGroup, Inc. compare 1.9×
SKY Champion Homes, Inc. compare 3.2×
CVCO Cavco Industries, Inc. compare 4.4×
NVR NVR, Inc. compare 5.0×
IBP Installed Building Products, Inc. compare 8.4×
Residential Construction industry median 1.2×
Consumer Cyclical sector median 1.7×
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 →

More on LEN