Growth Metrics

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

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DateValue
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