Lennar (LEN) Cash from Operations (2009 - 2026)
Lennar's Cash from Operations was -$284.38 million in fiscal Q2 2026 (quarter ended May 31, 2026), compared with -$1.1 billion a year earlier.
Lennar (LEN) Cash from Operations (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Lennar's Cash from Operations was $882.99 million through May 31, 2026, up 115.5% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $216.81 million, down 91.0% from FY2024.
- Cash from Operations shows a five-year compound annual growth rate of -44.7% (FY2020 to FY2025).
- In earlier fiscal years, Cash from Operations was $2.4 billion in FY2024 (-53.6%), $5.18 billion in FY2023 (+58.6%), $3.27 billion in FY2022 (+28.9%) and $2.53 billion in FY2021 (-39.6%).
- Quarterly Cash from Operations has moved between -$1.1 billion (fiscal Q2 2025) and $2.71 billion (fiscal Q4 2022) over five years.
- The best year-over-year quarter for Cash from Operations over five years was fiscal Q2 2023 (growth of 429.0%); the worst was fiscal Q2 2024 (a decline of 63.4%).
- Per Business Quant data, LEN's Cash from Operations in the three fiscal quarters before Q2 2026 was -$433.5 million (Q1 2026), $1.76 billion (Q4 2025) and -$158.61 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn | 439.30 Mn |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn | 17.05 Mn |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn | -284.38 Mn |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn | -151.53 Mn |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn | 250.34 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | -10.43 Mn |
| 7 | Champion Homes | 4.74 Bn | 2.22 Bn | - | - |
| 8 | Cavco Industries | 4.34 Bn | 3.09 Bn | - | - |
| 9 | Meritage Homes | 4.10 Bn | 1.02 Bn | 513.60 Mn | 189.47 Mn |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn | 36.81 Mn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -284.38 Mn |
| Feb 28, 2026 | -433.50 Mn |
| Nov 30, 2025 | 1.76 Bn |
| Aug 31, 2025 | -158.61 Mn |
| May 31, 2025 | -1.10 Bn |
| Feb 28, 2025 | -289.04 Mn |
| Nov 30, 2024 | 974.51 Mn |
| Aug 31, 2024 | 819.25 Mn |
| May 31, 2024 | 241.76 Mn |
| Feb 29, 2024 | 367.87 Mn |
| Nov 30, 2023 | 2.59 Bn |
| Aug 31, 2023 | 951.87 Mn |
| May 31, 2023 | 660.47 Mn |
| Feb 28, 2023 | 978.21 Mn |
| Nov 30, 2022 | 2.71 Bn |
| Aug 31, 2022 | 498.84 Mn |
| May 31, 2022 | 124.84 Mn |
| Feb 28, 2022 | -72.23 Mn |
| Nov 30, 2021 | 1.22 Bn |
| Aug 31, 2021 | 594.23 Mn |
Lennar Cash from Operations 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=cash-from-operations&ticker=LEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "LEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();