Lennar (LEN-B) Operating Margin (2010 - 2026)
Lennar (LEN-B) recorded Operating Margin of -86.60% in fiscal Q3 2026 (quarter ended Aug 31, 2026), down 4.67 percentage points from -81.93% a year earlier and down 1.78 percentage points from the prior quarter.
Lennar (LEN-B) Operating Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Lennar's Operating Margin came in at -85.54% as of Aug 31, 2026, down 6.55 percentage points year-over-year; for FY2025 (ended Nov 30, 2025), it came in at -82.29%, down 11.26 percentage points from FY2024.
- Annual Operating Margin has declined for three straight fiscal years, with a five-year change of -16.27 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Operating Margin came in at -71.03% in FY2024 (-4.06 pp), -66.97% in FY2023 (-12.20 pp), -54.77% in FY2022 (+2.09 pp) and -56.85% in FY2021 (+9.16 pp).
- Quarterly Operating Margin has ranged from -86.93% in fiscal Q1 2026 to 22.50% in fiscal Q2 2022 over the past five years.
- On a year-over-year basis, Operating Margin has declined for 16 consecutive quarters, with an average year-over-year change of -8.43 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 7.24 percentage points in fiscal Q4 2021, against a drop of 87.70 percentage points in fiscal Q2 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -84.82% (Q2 2026), -86.93% (Q1 2026) and -84.28% (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | -86.60% |
| May 31, 2026 | -84.82% |
| Feb 28, 2026 | -86.93% |
| Nov 30, 2025 | -84.28% |
| Aug 31, 2025 | -81.93% |
| May 31, 2025 | -77.82% |
| Feb 28, 2025 | -76.58% |
| Nov 30, 2024 | -79.24% |
| Aug 31, 2024 | -67.19% |
| May 31, 2024 | -67.17% |
| Feb 29, 2024 | -69.42% |
| Nov 30, 2023 | -71.38% |
| Aug 31, 2023 | -61.77% |
| May 31, 2023 | -65.21% |
| Feb 28, 2023 | -68.69% |
| Nov 30, 2022 | -59.69% |
| Aug 31, 2022 | -50.95% |
| May 31, 2022 | 22.50% |
| Feb 28, 2022 | -57.41% |
| Nov 30, 2021 | -53.27% |
Lennar Operating 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=operating-margin&ticker=LEN-B&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=LEN-B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();