Lennar (LEN) Change in Inventory (2009 - 2026)
Lennar (LEN) posted Change in Inventory of $436.8 million for Q2 2026, down 33.0% sequentially from $652.0 million in Q1 2026, and down 60.69% YoY from $1.1 billion in Q2 2025.
Lennar (LEN) Change in Inventory (2009 - 2026) Analysis & Trends
Lennar has reported Change in Inventory for 18 years, with the latest figure at $436.8 million in Q2 2026.
- Quarterly Change in Inventory fell 60.69% year-over-year to $436.8 million in Q2 2026, while the trailing twelve-month figure through May 2026 was -$384.8 million (down 130.1% YoY) and the FY2025 annual result came in at $150.9 million, down 47.06% from the prior year.
- Change in Inventory declined to $436.8 million in Q2 2026 per LEN's latest filing, from $652.0 million in the prior quarter.
- Over five years, Change in Inventory peaked at $1.9 billion in Q1 2022 and troughed at -$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.
- The sharpest annual moves came in 2024 and 2025: Change in Inventory jumped 300.25% in 2024, then plunged 504.66% in 2025.
- Over 5 years, Change in Inventory stood at -$2.2 billion in 2022, then rose by 1.63% to -$2.1 billion in 2023, then soared by 80.31% to -$422.6 million in 2024, then plunged by 175.44% to -$1.2 billion in 2025, then jumped by 137.53% to $436.8 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered $436.8 million, $652.0 million, and -$1.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.98 Bn | 39.85 Bn | 2.15 Bn | 532.90 Mn |
| 2 | Pultegroup | 24.45 Bn | 23.08 Bn | 1.06 Bn | 430.91 Mn |
| 3 | Lennar | 20.97 Bn | 18.79 Bn | 7.69 Bn | 436.85 Mn |
| 4 | Nvr | 17.21 Bn | 16.12 Bn | 485.14 Mn | 296.78 Mn |
| 5 | Toll Brothers | 14.01 Bn | 12.90 Bn | 604.89 Mn | 175.80 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 127.34 Mn |
| 7 | Installed Building Products | 6.61 Bn | 6.21 Bn | 258.90 Mn | 17.40 Mn |
| 8 | Champion Homes | 5.07 Bn | 4.43 Bn | - | - |
| 9 | Meritage Homes | 4.73 Bn | 3.93 Bn | 254.14 Mn | -98.28 Mn |
| 10 | Cavco Industries | 4.55 Bn | 4.29 Bn | - | - |
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 |