Lennar (LEN-B) Gross Margin (2013 - 2026)
Lennar's Gross Margin came in at 7.69% for fiscal Q3 2026 (quarter ended Aug 31, 2026), down 2.44 percentage points from 10.13% a year earlier and down 2.48 percentage points from the prior quarter.
Lennar (LEN-B) Gross Margin (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 31, 2026, Lennar reported Gross Margin of 9.08%, down 2.18 percentage points year-over-year; for FY2025 (ended Nov 30, 2025), it was 9.91%, down 5.61 percentage points from FY2024.
- Gross Margin has declined in each of the last three fiscal years, with a five-year change of -10.22 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Gross Margin was 15.52% in FY2024 (-1.84 pp), 17.35% in FY2023 (-7.92 pp), 25.27% in FY2022 (+0.84 pp) and 24.43% in FY2021 (+4.30 pp).
- The fiscal Q3 2026 figure represents the lowest quarterly Gross Margin since fiscal Q4 2024.
- Year-over-year, Gross Margin has declined for three consecutive quarters, with an average year-over-year change of -3.91 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in fiscal Q2 2022 (a gain of 3.31 percentage points), and the weakest in fiscal Q4 2023 (a drop of 10.74 percentage points).
- Business Quant data shows LEN-B's Gross Margin at 10.17% (Q2 2026), 9.81% (Q1 2026) and 8.85% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 7.69% |
| May 31, 2026 | 10.17% |
| Feb 28, 2026 | 9.81% |
| Nov 30, 2025 | 8.85% |
| Aug 31, 2025 | 10.13% |
| May 31, 2025 | 14.68% |
| Feb 28, 2025 | 14.30% |
| Nov 30, 2024 | 7.05% |
| Aug 31, 2024 | 19.15% |
| May 31, 2024 | 18.93% |
| Feb 29, 2024 | 18.26% |
| Nov 30, 2023 | 11.42% |
| Aug 31, 2023 | 21.38% |
| May 31, 2023 | 19.96% |
| Feb 28, 2023 | 18.73% |
| Nov 30, 2022 | 22.16% |
| Aug 31, 2022 | 27.31% |
| May 31, 2022 | 26.96% |
| Feb 28, 2022 | 25.17% |
| Nov 30, 2021 | 25.90% |
Lennar Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=LEN-B&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "LEN-B", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=LEN-B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();