Lennar Corporation

Lennar Corporation

83.58
USD
+5.10
(+6.50%)
6.60EPS
13.95P/E
21.86BMarket Cap
Dec 16Next Earn

Total Valuation

USD

As of May 31, 2026, Lennar Corporation Class A carries a market capitalization of 21.86B, placing it among publicly traded companies globally. Its enterprise value stands at 25.89B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap21.86B
Enterprise Value25.89B

Important Dates

Lennar Corporation Class A's next confirmed earnings release is scheduled for December 16, 2026.

Earnings Date12/16/2026

Share Statistics

As of May 31, 2026, Lennar Corporation Class A has 240.90M shares outstanding.

Shares Outstanding240.90M

Valuation Ratios

As of May 31, 2026, Lennar Corporation Class A trades at a trailing price-to-earnings ratio of 13.95. The price-to-sales ratio is 0.69, and the price-to-book ratio stands at 1.01.

PE Ratio13.95
PS Ratio0.69
PB Ratio1.01
P/TBV Ratio1.22
P/FCF Ratio31.44
P/OCF Ratio25.52

Enterprise Valuation

As of May 31, 2026, Lennar Corporation Class A trades at an EV/EBITDA multiple of 11.89 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.79 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 12.69 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Lennar Corporation Class A trades at an EV/FCF ratio of 36.12, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 25.89B versus a market cap of 21.86B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.79
EV / EBITDA11.89
EV / EBIT12.69
EV / FCF36.12

Financial Position

As of May 31, 2026, Lennar Corporation Class A maintains a current ratio of 10.20, meaning it holds 10.2x the short-term assets needed to cover near-term liabilities.

Current Ratio10.20
Quick Ratio3.11
Debt / Equity27.62
Debt / EBITDA2.76

Financial Efficiency

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Over the twelve months ended May 31, 2026, Lennar Corporation Class A posted a return on equity (ROE) of 7.31, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 5.58 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 4.75, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 5.82, useful for judging operating efficiency across full business cycles. The company generates approximately 2.57M in revenue per employee across its workforce of 12,715.25, a quick read on workforce productivity versus industry peers. Inventory turnover of 2.22 indicates how many times Lennar Corporation Class A sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)7.31
Return on Assets (ROA)4.75
Return on Invested Capital (ROIC)5.58
Return on Capital Employed (ROCE)5.82
Revenue Per Employee2.57M
Employee Count12,715.25
Inventory Turnover2.22

Taxes

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Over the twelve months ended May 31, 2026, Lennar Corporation Class A recorded 550.13M in income tax expense. That works out to an effective tax rate of 25.13, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 2.19B, leaving 1.62B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax550.13M
Effective Tax Rate25.13

Stock Price Statistics

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As of the close on October 22, 2026, Lennar Corporation Class A's stock has declined approximately 34.81% over the past 52 weeks. The 50-day moving average sits at 81.31, while the 200-day moving average is 92.42.

52-Week Price Change-34.81%
50-Day Moving Average81.31
200-Day Moving Average92.42

Income Statement

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Over the twelve months ended May 31, 2026, Lennar Corporation Class A generated 32.74B in revenue and converted that into 1.62B in net income, yielding earnings per share of 6.60. EBITDA reached 2.18B, while operating income came in at 2.04B.

Revenue32.74B
Gross Profit2.67B
Operating Income2.04B
Pretax Income2.19B
Net Income1.62B
EBITDA2.18B
EBIT2.04B
Earnings Per Share (EPS)6.60

Balance Sheet

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As of May 31, 2026, Lennar Corporation Class A holds 2.13B in cash and equivalents against 6.01B in total debt, resulting in a net debt position of 3.92B. Total book value stands at 21.62B, with working capital of 16.43B providing operational flexibility.

Cash & Cash Equivalents2.13B
Total Debt6.01B
Net Debt3.92B
Equity (Book Value)21.62B
Book Value Per Share89.75
Working Capital16.43B

Cash Flow

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Lennar Corporation Class A produced 882.99M in operating cash flow over the twelve months ended May 31, 2026. After subtracting -166.22M in capital expenditures, free cash flow totaled 716.77M - equivalent to 2.89 per share.

Operating Cash Flow882.99M
Capital Expenditures-166.22M
Free Cash Flow716.77M
FCF Per Share2.89

Margins

Over the twelve months ended May 31, 2026, Lennar Corporation Class A posted a gross margin of 8.15, reflecting its pricing power and cost economics. The operating margin of 6.23 and net profit margin of 4.93 provide insight into operational efficiency.

Gross Margin8.15
Operating Margin6.23
Pretax Margin6.69
Profit Margin4.93
EBITDA Margin6.65

Dividends & Yields

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Over the twelve months ended May 31, 2026, Lennar Corporation Class A paid dividends of 2.02 per share. The dividend payout ratio of 30.20 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 3.18, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 1.39, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Lennar Corporation Class A shareholders.

Dividend Per Share2.02
Payout Ratio30.20
Shareholder Yield1.39
FCF Yield3.18

Stock Splits

Lennar Corporation Class A's most recent stock split took place on January 21, 2004 with a 1:2 split ratio.

Last Split Date1/21/2004
Split Ratio1:2

Scores

As of May 31, 2026, Lennar Corporation Class A has an Altman Z-Score of 4.13, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score4.13