Lennar (LEN-B) EBITDA (2009 - 2026)
Lennar recorded quarterly EBITDA of -$42.2 million in Q1 2026, up 94.54% quarter-over-quarter from -$772.2 million in Q4 2025, and down 108.12% year-over-year from $519.3 million in Q1 2025.
Lennar's EBITDA history runs 18 years deep, the most recent figure standing at -$42.2 million for Q1 2026.
- In Q1 2026, EBITDA fell 108.12% year-over-year to -$42.2 million; the TTM figure through Feb 2026 stood at $252.7 million (down 93.23% YoY), while the FY2025 annual figure was $1.2 billion, down 70.71% from the prior year.
- EBITDA came in at -$42.2 million for Q1 2026 at Lennar, up from -$772.2 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $1.5 billion in Q3 2022 to a low of -$772.2 million in Q4 2025.
- A 5-year average of $780.4 million and a median of $872.3 million in 2023 frame the typical range for EBITDA.
- Across the five-year window, EBITDA surged 58.81% in 2022 and sank 170.41% in 2025, its largest moves.
- Lennar's EBITDA stood at $1.3 billion in 2022, then rose by 2.98% to $1.4 billion in 2023, then fell by 19.49% to $1.1 billion in 2024, then tumbled by 170.41% to -$772.2 million in 2025, then soared by 94.54% to -$42.2 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered -$42.2 million, -$772.2 million, and $591.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 42.35 Bn | 41.00 Bn | 1.70 Bn | 800.00 Mn |
| 2 | Pultegroup | 22.70 Bn | 20.89 Bn | 881.27 Mn | 500.94 Mn |
| 3 | Lennar | 21.95 Bn | 19.75 Bn | 6.36 Bn | -42.15 Mn |
| 4 | Nvr | 16.98 Bn | 15.33 Bn | 1.31 Bn | 1.15 Bn |
| 5 | Toll Brothers | 13.26 Bn | 12.07 Bn | 476.99 Mn | 209.52 Mn |
| 6 | Installed Building Products | 5.63 Bn | 5.15 Bn | 212.30 Mn | 35.10 Mn |
| 7 | Taylor Morrison Home | 5.62 Bn | 5.62 Bn | 290.64 Mn | 231.67 Mn |
| 8 | Meritage Homes | 4.40 Bn | 3.63 Bn | -269,000.00 | -51.67 Mn |
| 9 | Cavco Industries | 4.23 Bn | 4.20 Bn | 135.92 Mn | 44.08 Mn |
| 10 | Lennar | - | - | 6.36 Bn | -42.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | -42.15 Mn |
| Nov 30, 2025 | -772.22 Mn |
| Aug 31, 2025 | 590.97 Mn |
| May 31, 2025 | 476.12 Mn |
| Feb 28, 2025 | 519.35 Mn |
| Nov 30, 2024 | 1.10 Bn |
| Aug 31, 2024 | 1.16 Bn |
| May 31, 2024 | 955.67 Mn |
| Feb 29, 2024 | 719.70 Mn |
| Nov 30, 2023 | 1.36 Bn |
| Aug 31, 2023 | 1.11 Bn |
| May 31, 2023 | 872.27 Mn |
| Feb 28, 2023 | 597.39 Mn |
| Nov 30, 2022 | 1.32 Bn |
| Aug 31, 2022 | 1.47 Bn |
| May 31, 2022 | 1.32 Bn |
| Feb 28, 2022 | 506.61 Mn |
| Nov 30, 2021 | 1.19 Bn |
| Aug 31, 2021 | 1.41 Bn |
| May 31, 2021 | 831.68 Mn |
| Feb 28, 2021 | 1.00 Bn |
| Nov 30, 2020 | 882.12 Mn |
| Aug 31, 2020 | 666.59 Mn |
| May 31, 2020 | 516.62 Mn |
| Feb 29, 2020 | 398.41 Mn |
| Nov 30, 2019 | 674.40 Mn |
| Aug 31, 2019 | 513.55 Mn |
| May 31, 2019 | 421.86 Mn |
| Feb 28, 2019 | 240.12 Mn |
| Nov 30, 2018 | 796.40 Mn |
| Aug 31, 2018 | 452.94 Mn |
| May 31, 2018 | 309.54 Mn |
| Feb 28, 2018 | 135.56 Mn |
| Nov 30, 2017 | 309.37 Mn |
| Aug 31, 2017 | 249.33 Mn |
| May 31, 2017 | 214.07 Mn |
| Feb 28, 2017 | 39.05 Mn |
| Nov 30, 2016 | 312.02 Mn |
| Aug 31, 2016 | 236.45 Mn |
| May 31, 2016 | 219.38 Mn |
| Feb 29, 2016 | 143.64 Mn |
| Nov 30, 2015 | 281.83 Mn |
| Aug 31, 2015 | 222.91 Mn |
| May 31, 2015 | 182.90 Mn |
| Feb 28, 2015 | 115.16 Mn |
| Nov 30, 2014 | 245.39 Mn |
| Aug 31, 2014 | 177.82 Mn |
| May 31, 2014 | 137.72 Mn |
| Feb 28, 2014 | 78.12 Mn |
| Nov 30, 2013 | 164.08 Mn |
| Aug 31, 2013 | 120.66 Mn |
| May 31, 2013 | 137.44 Mn |
| Feb 28, 2013 | 57.49 Mn |
| Nov 30, 2012 | 124.34 Mn |
| Aug 31, 2012 | 87.11 Mn |
| May 31, 2012 | 452.70 Mn |
| Feb 29, 2012 | 14.97 Mn |
| Nov 30, 2011 | 40.30 Mn |
| Aug 31, 2011 | 46.86 Mn |
| May 31, 2011 | 21.48 Mn |
| Feb 28, 2011 | 59.67 Mn |
| Nov 30, 2010 | 63.84 Mn |
| Aug 31, 2010 | 63.43 Mn |
| May 31, 2010 | -5.72 Mn |
| Feb 28, 2010 | -60.10 Mn |
| Nov 30, 2009 | -180.88 Mn |
| Aug 31, 2009 | -143.61 Mn |