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) Shares outstanding
Lennar Corporation's shares outstanding at the end of fiscal 2025 was $257.7M, down 5.25% from $272.0M in fiscal 2024. At the end of the quarter to 31 August 2026 it was $237.8M. Over the past ten years it has ranged from $235.4M (fiscal 2016) to $318.4M (fiscal 2019); the current reading is higher than 36% of that period. Lennar Corporation ranks 2nd of 18 Residential Construction companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $257.7M | (5.25%) |
| FY2024 | $272.0M | (3.99%) |
| FY2023 | $283.3M | (2.24%) |
| FY2022 | $289.8M | (5.48%) |
| FY2021 | $306.6M | (0.90%) |
| FY2020 | $309.4M | (2.83%) |
| FY2019 | $318.4M | 3.19% |
| FY2018 | $308.6M | 30.11% |
| FY2017 | $237.2M | 0.76% |
| FY2016 | $235.4M | (0.04%) |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Aug 2026 | $237.8M | (1.25%) |
| May 2026 | $240.8M | (1.50%) |
| Feb 2026 | $244.4M | (5.16%) |
| Nov 2025 | $257.7M | 0.84% |
| 43 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| DHI D.R. Horton, Inc. compare | $283.0M |
| LEN Lennar Corporation | $237.8M |
| LEN.B Lennar Corporation compare | $237.8M |
| PHM PulteGroup, Inc. compare | $190.6M |
| TOL Toll Brothers Inc. compare | $94.4M |
| SKY Champion Homes, Inc. compare | $55.2M |
| IBP Installed Building Products, Inc. compare | $26.7M |
| CVCO Cavco Industries, Inc. compare | $7.8M |
| NVR NVR, Inc. compare | $2.8M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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