Lennar (LEN) Change in Inventory (2009 - 2026)
Lennar (LEN) reported Change in Inventory of $436.8 million for Q2 2026, down 60.69% on a YoY basis from $1.1 billion in Q2 2025, and down 33.0% sequentially from $652.0 million in Q1 2026.
Lennar (LEN) Change in Inventory (2009 - 2026) Analysis & Trends
Lennar (LEN) has 18 years of Change in Inventory data on file, last reported at $436.8 million in Q2 2026.
- For the quarter ending Q2 2026, Change in Inventory fell 60.69% year-over-year to $436.8 million; the trailing twelve-month figure through May 2026 stood at -$384.8 million (down 130.1% YoY), and the FY2025 full-year result was $150.9 million, down 47.06% from the prior year.
- Change in Inventory declined to $436.8 million in Q2 2026, from $652.0 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $1.9 billion in Q1 2022 to a low of -$2.2 billion in Q4 2022.
- A 5-year average of $53.5 million and a median of $220.6 million in 2023 frame the typical range for Change in Inventory.
- Across the five-year window, Change in Inventory surged 300.25% in 2024 and slumped 504.66% in 2025, its largest moves.
- Tracing LEN's Change in Inventory over 5 years: stood at -$2.2 billion in 2022, then climbed by 1.63% to -$2.1 billion in 2023, then soared by 80.31% to -$422.6 million in 2024, then sank by 175.44% to -$1.2 billion in 2025, then jumped by 137.53% to $436.8 million in 2026.
- Business Quant data shows LEN's Change in Inventory at $436.8 million in Q2 2026, $652.0 million in Q1 2026, and -$1.2 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 532.90 Mn |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 430.91 Mn |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 436.85 Mn |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 214.95 Mn |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 175.80 Mn |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 127.34 Mn |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 2.10 Mn |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | -34.05 Mn |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | -11.15 Mn |
| 10 | M | 4.43 Bn | 3.66 Bn | 202.59 Mn | -41.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 436.85 Mn |
| May 31, 2026 | 436.85 Mn |
| Feb 28, 2026 | 652.02 Mn |
| Feb 28, 2026 | 652.02 Mn |
| Nov 30, 2025 | -1.16 Bn |
| Nov 30, 2025 | -1.16 Bn |
| Aug 31, 2025 | -309.65 Mn |
| Aug 31, 2025 | -309.65 Mn |
| May 31, 2025 | 1.11 Bn |
| May 31, 2025 | 1.11 Bn |
| Feb 28, 2025 | 513.26 Mn |
| Feb 28, 2025 | 513.26 Mn |
| Nov 30, 2024 | -422.61 Mn |
| Nov 30, 2024 | -422.61 Mn |
| Aug 31, 2024 | 76.52 Mn |
| Aug 31, 2024 | 76.52 Mn |
| May 31, 2024 | 346.16 Mn |
| May 31, 2024 | 346.16 Mn |
| Feb 29, 2024 | 285.02 Mn |
| Feb 29, 2024 | 285.02 Mn |