Lennar (LEN) Change in Inventory (2009 - 2026)
Lennar's (LEN) quarterly Change in Inventory came in at $436.8 million in Q2 2026, down 60.69% year-over-year from $1.1 billion in Q2 2025, and down 33.0% quarter-over-quarter from $652.0 million in Q1 2026.
Analysis
Lennar (LEN) Change in Inventory (2009 - 2026) Analysis & Trends
Lennar has disclosed Change in Inventory across 18 years of filings, most recently posting $436.8 million for Q2 2026.
- In Q2 2026, Change in Inventory fell 60.69% year-over-year to $436.8 million; the TTM figure through May 2026 stood at -$384.8 million (down 130.1% YoY), while the FY2025 annual figure was $150.9 million, down 47.06% from the prior year.
- Change in Inventory came in at $436.8 million for Q2 2026 at Lennar, down 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.
- Average Change in Inventory over 5 years is $53.5 million, with a median of $220.6 million recorded in 2023.
- Year-over-year, Change in Inventory soared 300.25% in 2024 and tumbled 504.66% in 2025.
- Over 5 years, Change in Inventory stood at -$2.2 billion in 2022, then grew by 1.63% to -$2.1 billion in 2023, then jumped by 80.31% to -$422.6 million in 2024, then slumped by 175.44% to -$1.2 billion in 2025, then surged by 137.53% to $436.8 million in 2026.
- Per Business Quant data, the three most recent Change in Inventory figures were $436.8 million in Q2 2026, $652.0 million in Q1 2026, and -$1.2 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.17 Bn | 36.03 Bn | 2.15 Bn | 532.90 Mn |
| 2 | Pultegroup | 21.99 Bn | 20.62 Bn | 1.06 Bn | 430.91 Mn |
| 3 | Lennar | 18.75 Bn | 16.57 Bn | 7.69 Bn | 436.85 Mn |
| 4 | Nvr | 16.44 Bn | 15.35 Bn | 485.14 Mn | 296.78 Mn |
| 5 | Toll Brothers | 12.40 Bn | 11.34 Bn | 625.22 Mn | 328.54 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 127.34 Mn |
| 7 | Meritage Homes | 4.07 Bn | 3.26 Bn | 254.14 Mn | -98.28 Mn |
| 8 | M | 3.57 Bn | 2.83 Bn | 235.50 Mn | 117.81 Mn |
| 9 | Kb Home | 2.95 Bn | 2.88 Bn | 174.03 Mn | 35.58 Mn |
| 10 | Green Brick Partners | 2.91 Bn | 2.78 Bn | 157.52 Mn | 97.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 436.85 Mn |
| Feb 28, 2026 | 652.02 Mn |
| Nov 30, 2025 | -1.16 Bn |
| Aug 31, 2025 | -309.65 Mn |
| May 31, 2025 | 1.11 Bn |
| Feb 28, 2025 | 513.26 Mn |
| Nov 30, 2024 | -422.61 Mn |
| Aug 31, 2024 | 76.52 Mn |
| May 31, 2024 | 346.16 Mn |
| Feb 29, 2024 | 285.02 Mn |
| Nov 30, 2023 | -2.15 Bn |
| Aug 31, 2023 | -38.21 Mn |
| May 31, 2023 | -245.33 Mn |
| Feb 28, 2023 | 156.23 Mn |
| Nov 30, 2022 | -2.18 Bn |
| Aug 31, 2022 | 779.81 Mn |
| May 31, 2022 | 1.20 Bn |
| Feb 28, 2022 | 1.91 Bn |
| Nov 30, 2021 | -1.07 Bn |
| Aug 31, 2021 | 676.40 Mn |