Lennar (LEN-B) Net Margin (2009 - 2026)
Lennar (LEN-B) reported Net Margin of 3.53% for fiscal Q3 2026 (quarter ended Aug 31, 2026), down 3.18 percentage points from 6.71% a year earlier and down 0.31 percentage points from the prior quarter.
Lennar (LEN-B) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Lennar's Net Margin came in at 4.09%, down 3.63 percentage points year-over-year; for FY2025 (ended Nov 30, 2025), it was 6.08%, down 5.02 percentage points from FY2024.
- Net Margin has declined for four consecutive fiscal years, with a five-year change of -4.88 percentage points (FY2020 to FY2025).
- By fiscal year, Net Margin came in at 11.10% in FY2024 (-0.41 pp), 11.50% in FY2023 (-2.20 pp), 13.70% in FY2022 (-2.63 pp) and 16.33% in FY2021 (+5.37 pp).
- Five-year quarterly Net Margin spans a low of 3.47% in fiscal Q1 2026 and a high of 16.42% in fiscal Q3 2022.
- Year over year, Net Margin has now declined in each of the last nine quarters, with an average year-over-year change of -3.68 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was fiscal Q2 2022 (a gain of 2.87 percentage points); the low point was fiscal Q1 2022 (a drop of 10.69 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 3.84% (Q2 2026), 3.47% (Q1 2026) and 5.23% (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 3.53% |
| May 31, 2026 | 3.84% |
| Feb 28, 2026 | 3.47% |
| Nov 30, 2025 | 5.23% |
| Aug 31, 2025 | 6.71% |
| May 31, 2025 | 5.70% |
| Feb 28, 2025 | 6.81% |
| Nov 30, 2024 | 11.02% |
| Aug 31, 2024 | 12.35% |
| May 31, 2024 | 10.89% |
| Feb 29, 2024 | 9.84% |
| Nov 30, 2023 | 12.41% |
| Aug 31, 2023 | 12.70% |
| May 31, 2023 | 10.84% |
| Feb 28, 2023 | 9.19% |
| Nov 30, 2022 | 13.00% |
| Aug 31, 2022 | 16.42% |
| May 31, 2022 | 15.80% |
| Feb 28, 2022 | 8.12% |
| Nov 30, 2021 | 14.12% |
Lennar Net 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=net-margin&ticker=LEN-B&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=LEN-B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();