Lennar (LEN-B) Free Cash Flow (2009 - 2026)
Lennar recorded quarterly Free Cash Flow of -$463.5 million in Q1 2026, down 127.68% quarter-over-quarter from $1.7 billion in Q4 2025, and down 34.31% year-over-year from -$705.6 million in Q1 2025.
Lennar's Free Cash Flow history runs 18 years deep, the most recent figure standing at -$463.5 million for Q1 2026.
- In Q1 2026, Free Cash Flow fell 34.31% year-over-year to -$463.5 million; the TTM figure through Feb 2026 stood at -$90.2 million (down 105.67% YoY), while the FY2025 annual figure was $28.2 million, down 98.74% from the prior year.
- Free Cash Flow came in at -$463.5 million for Q1 2026 at Lennar, down from $1.7 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $2.7 billion in Q4 2022 to a low of -$1.1 billion in Q2 2025.
- A 5-year average of $593.2 million and a median of $482.2 million in 2022 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow surged 1346.98% in 2023 and tumbled 647.05% in 2025, its largest moves.
- Lennar's Free Cash Flow stood at $2.7 billion in 2022, then dropped by 5.27% to $2.5 billion in 2023, then sank by 63.31% to $933.1 million in 2024, then soared by 79.42% to $1.7 billion in 2025, then plunged by 127.68% to -$463.5 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$463.5 million, $1.7 billion, and -$190.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 42.35 Bn | 41.00 Bn | 1.70 Bn | -449.70 Mn |
| 2 | Pultegroup | 22.70 Bn | 20.89 Bn | 881.27 Mn | 134.36 Mn |
| 3 | Lennar | 21.95 Bn | 19.75 Bn | 6.36 Bn | -463.49 Mn |
| 4 | Nvr | 16.98 Bn | 15.33 Bn | 1.31 Bn | 334.82 Mn |
| 5 | Toll Brothers | 13.26 Bn | 12.07 Bn | 476.99 Mn | -11.59 Mn |
| 6 | Installed Building Products | 5.63 Bn | 5.15 Bn | 212.30 Mn | 85.70 Mn |
| 7 | Taylor Morrison Home | 5.62 Bn | 5.62 Bn | 290.64 Mn | -20.39 Mn |
| 8 | Meritage Homes | 4.40 Bn | 3.63 Bn | -269,000.00 | 97.00 Mn |
| 9 | Cavco Industries | 4.23 Bn | 4.20 Bn | 135.92 Mn | 57.64 Mn |
| 10 | Lennar | - | - | 6.36 Bn | -463.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | -463.49 Mn |
| Feb 28, 2026 | -463.49 Mn |
| Nov 30, 2025 | 1.67 Bn |
| Nov 30, 2025 | 1.67 Bn |
| Aug 31, 2025 | -190.78 Mn |
| Aug 31, 2025 | -190.78 Mn |
| May 31, 2025 | -1.11 Bn |
| May 31, 2025 | -1.11 Bn |
| Feb 28, 2025 | -345.09 Mn |
| Feb 28, 2025 | -345.09 Mn |
| Nov 30, 2024 | 933.14 Mn |
| Nov 30, 2024 | 933.14 Mn |
| Aug 31, 2024 | 800.84 Mn |
| Aug 31, 2024 | 800.84 Mn |
| May 31, 2024 | 202.95 Mn |
| May 31, 2024 | 202.95 Mn |
| Feb 29, 2024 | 294.94 Mn |
| Feb 29, 2024 | 294.94 Mn |
| Nov 30, 2023 | 2.54 Bn |
| Nov 30, 2023 | 2.54 Bn |
| Aug 31, 2023 | 929.52 Mn |
| Aug 31, 2023 | 929.52 Mn |
| May 31, 2023 | 634.63 Mn |
| May 31, 2023 | 634.63 Mn |
| Feb 28, 2023 | 972.78 Mn |
| Feb 28, 2023 | 972.78 Mn |
| Nov 30, 2022 | 2.68 Bn |
| Nov 30, 2022 | 2.68 Bn |
| Aug 31, 2022 | 482.17 Mn |
| Aug 31, 2022 | 482.17 Mn |
| May 31, 2022 | 119.76 Mn |
| May 31, 2022 | 119.76 Mn |
| Feb 28, 2022 | -78.01 Mn |
| Feb 28, 2022 | -78.01 Mn |
| Nov 30, 2021 | 1.20 Bn |
| Nov 30, 2021 | 1.20 Bn |
| Aug 31, 2021 | 578.63 Mn |
| Aug 31, 2021 | 578.63 Mn |
| May 31, 2021 | 316.82 Mn |
| May 31, 2021 | 316.82 Mn |
| Feb 28, 2021 | 376.95 Mn |
| Feb 28, 2021 | 376.95 Mn |
| Nov 30, 2020 | 1.26 Bn |
| Nov 30, 2020 | 1.26 Bn |
| Aug 31, 2020 | 1.57 Bn |
| Aug 31, 2020 | 1.57 Bn |
| May 31, 2020 | 920.01 Mn |
| May 31, 2020 | 920.01 Mn |
| Feb 29, 2020 | 365.07 Mn |
| Feb 29, 2020 | 365.07 Mn |
| Nov 30, 2019 | 1.17 Bn |
| Nov 30, 2019 | 1.17 Bn |
| Aug 31, 2019 | 706.39 Mn |
| Aug 31, 2019 | 706.39 Mn |
| May 31, 2019 | 74.16 Mn |
| May 31, 2019 | 74.16 Mn |
| Feb 28, 2019 | -551.82 Mn |
| Feb 28, 2019 | -551.82 Mn |
| Nov 30, 2018 | 916.38 Mn |
| Nov 30, 2018 | 916.38 Mn |
| Aug 31, 2018 | 684.35 Mn |
| Aug 31, 2018 | 684.35 Mn |
| May 31, 2018 | 156.92 Mn |
| May 31, 2018 | 156.92 Mn |
| Feb 28, 2018 | -196.34 Mn |
| Feb 28, 2018 | -196.34 Mn |
| Nov 30, 2017 | 610.00 Mn |
| Nov 30, 2017 | 610.00 Mn |
| Aug 31, 2017 | 467.41 Mn |
| Aug 31, 2017 | 467.41 Mn |
| May 31, 2017 | -260.34 Mn |
| May 31, 2017 | -260.34 Mn |
| Feb 28, 2017 | 53.54 Mn |
| Feb 28, 2017 | 53.54 Mn |
| Nov 30, 2016 | 489.29 Mn |
| Nov 30, 2016 | 489.29 Mn |
| Aug 31, 2016 | 119.17 Mn |
| Aug 31, 2016 | 119.17 Mn |
| May 31, 2016 | 57.24 Mn |
| May 31, 2016 | 57.24 Mn |
| Feb 29, 2016 | -234.34 Mn |
| Feb 29, 2016 | -234.34 Mn |
| Nov 30, 2015 | 638.34 Mn |
| Nov 30, 2015 | 638.34 Mn |
| Aug 31, 2015 | -104.08 Mn |
| Aug 31, 2015 | -104.08 Mn |
| May 31, 2015 | -312.65 Mn |
| May 31, 2015 | -312.65 Mn |
| Feb 28, 2015 | -732.61 Mn |
| Feb 28, 2015 | -732.61 Mn |
| Nov 30, 2014 | 105.66 Mn |
| Nov 30, 2014 | 105.66 Mn |
| Aug 31, 2014 | -180.54 Mn |
| Aug 31, 2014 | -180.54 Mn |
| May 31, 2014 | -330.93 Mn |
| May 31, 2014 | -330.93 Mn |
| Feb 28, 2014 | -396.96 Mn |
| Feb 28, 2014 | -396.96 Mn |
| Nov 30, 2013 | 208.48 Mn |
| Nov 30, 2013 | 208.48 Mn |
| Aug 31, 2013 | -407.83 Mn |
| Aug 31, 2013 | -407.83 Mn |
| May 31, 2013 | -288.42 Mn |
| May 31, 2013 | -288.42 Mn |
| Feb 28, 2013 | -321.49 Mn |
| Feb 28, 2013 | -321.49 Mn |
| Nov 30, 2012 | 65.86 Mn |
| Nov 30, 2012 | 65.86 Mn |
| Aug 31, 2012 | -276.70 Mn |
| Aug 31, 2012 | -276.70 Mn |
| May 31, 2012 | -81.36 Mn |
| May 31, 2012 | -81.36 Mn |
| Feb 29, 2012 | -131.30 Mn |
| Feb 29, 2012 | -131.30 Mn |
| Nov 30, 2011 | -150.18 Mn |
| Nov 30, 2011 | -150.18 Mn |
| Aug 31, 2011 | -120.19 Mn |
| Aug 31, 2011 | -120.19 Mn |
| May 31, 2011 | -5.07 Mn |
| May 31, 2011 | -5.07 Mn |
| Feb 28, 2011 | 9.68 Mn |
| Feb 28, 2011 | 9.68 Mn |
| Nov 30, 2010 | 80.68 Mn |
| Nov 30, 2010 | 80.68 Mn |
| Aug 31, 2010 | -85.59 Mn |
| Aug 31, 2010 | -85.59 Mn |
| May 31, 2010 | 185.26 Mn |
| May 31, 2010 | 185.26 Mn |
| Feb 28, 2010 | 87.50 Mn |
| Feb 28, 2010 | 87.50 Mn |
| Nov 30, 2009 | 35.09 Mn |
| Nov 30, 2009 | 35.09 Mn |