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LENNAR CORP /NEW/ LEN

NYSE · stock · General Bldg Contractors - Residential Bldgs · website · IPO 1972-07-27

LENNAR CORP /NEW/ statistics & valuation

Market cap$23.0B
P / E11.1×
P / S0.7×
P / B1.0×
P / FCF814.9×
Dividend yield2.27%
Net margin6.1%
Return on equity9.4%
FCF margin0.1%
Net debt$2.1B
Enterprise value USD$25.1B

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
8.30% 6.40% 8.20% 8.30% 11.00% 16.30% 13.70% 11.50% 11.10% 6.10% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
14.30% 11.70% 12.00% 12.50% 15.50% 2016201720182019202020212022202320242025
Return on equity (%)
12.60% 10.10% 11.50% 11.50% 13.60% 21.10% 19.00% 14.70% 14.00% 9.40% 2016201720182019202020212022202320242025
Shares outstanding
235.4M 237.2M 308.6M 318.4M 309.4M 306.6M 289.8M 283.3M 272.0M 257.7M 2016201720182019202020212022202320242025
Net debt ($)
$8.13B $4.56B -$720.4M $2.12B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
5.90% 4.30% 5.90% 6.30% 8.20% 13.30% 12.10% 10.00% 9.50% 6.00% 2016201720182019202020212022202320242025
Free cash flow margin (%)
3.90% 6.90% 7.60% 6.30% 18.30% 9.10% 9.50% 14.80% 6.30% 0.10% 2016201720182019202020212022202320242025
Debt / equity (×)
0.60× 0.41× 0.15× 0.27× 2016201720182019202020212022202320242025
EPS ($)
$3.86 $3.38 $5.44 $5.74 $7.85 $14.27 $15.72 $13.73 $14.31 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

LENNAR CORP /NEW/ trades at about 6× earnings — below its 10-year norm (10-year range 5.6×–18.1×, median 9.4×).

5.6× 18.1×

Shaded band = 10-year range (5.6×–18.1×); dot = today's 6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin—————15.5%12.5%12.0%11.7%14.3%
Net margin6.1%11.1%11.5%13.7%16.3%11.0%8.3%8.2%6.4%8.3%
FCF margin0.1%6.3%14.8%9.5%9.1%18.3%6.3%7.6%6.9%3.9%
Return on assets6.0%9.5%10.0%12.1%13.3%8.2%6.3%5.9%4.3%5.9%
Return on equity9.4%14.0%14.7%19.0%21.1%13.6%11.5%11.5%10.1%12.6%
Debt / equity0.27×0.15×———0.41×0.60×———

Computed from company filings · US · as of 2025-11-30. Facts plus Stocktoria's own computed scores — not investment advice.