Lennar (LEN) Deferred Taxes (2012 - 2026)
Lennar (LEN) reported Deferred Taxes of $64.14 million for fiscal Q3 2026 (quarter ended Aug 31, 2026), up 64.7% from $38.95 million a year earlier and up 233.3% from the prior quarter.
Lennar (LEN) Deferred Taxes (2012 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Lennar's Deferred Taxes came in at $127.55 million, up 232.3% year-over-year; for FY2025 (ended Nov 30, 2025), it was $77.3 million, up 27.9% from FY2024.
- Deferred Taxes has a five-year compound annual growth rate of -3.4% (FY2020 to FY2025).
- By fiscal year, Deferred Taxes came in at $60.43 million in FY2024, -$67.97 million in FY2023, -$246.65 million in FY2022 and $191.63 million in FY2021 (+108.1%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Deferred Taxes since fiscal Q3 2022.
- Year over year, Deferred Taxes has now increased in each of the last three quarters, with growth averaging 33.4% over the last six quarters.
- The high point for year-over-year Deferred Taxes in five years was fiscal Q3 2024 (growth of 114.1%); the low point was fiscal Q3 2022 (a decline of 56.2%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $19.24 million (Q2 2026), $44.21 million (Q1 2026) and -$37,000 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.58 Bn | 29.89 Bn | 2.15 Bn | 34.90 Mn |
| 2 | Pultegroup | 21.70 Bn | 14.99 Bn | 1.06 Bn | 4.11 Mn |
| 3 | Lennar | 18.70 Bn | 9.07 Bn | 618.54 Mn | 64.14 Mn |
| 4 | Nvr | 16.10 Bn | 9.38 Bn | 485.14 Mn | - |
| 5 | Toll Brothers | 12.72 Bn | 8.09 Bn | 625.22 Mn | 862,000.00 |
| 6 | Champion Homes | 4.26 Bn | 1.74 Bn | - | - |
| 7 | Cavco Industries | 4.04 Bn | 2.79 Bn | - | - |
| 8 | Meritage Homes | 3.96 Bn | 886.66 Mn | 513.60 Mn | - |
| 9 | M | 3.17 Bn | 242.64 Mn | 235.50 Mn | -471,000.00 |
| 10 | Green Brick Partners | 2.67 Bn | 2.10 Bn | 157.52 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 64.14 Mn |
| May 31, 2026 | 19.24 Mn |
| Feb 28, 2026 | 44.21 Mn |
| Nov 30, 2025 | -37,000.00 |
| Aug 31, 2025 | 38.95 Mn |
| May 31, 2025 | 14.91 Mn |
| Feb 28, 2025 | 23.47 Mn |
| Nov 30, 2024 | -38.94 Mn |
| Aug 31, 2024 | 62.52 Mn |
| May 31, 2024 | 24.87 Mn |
| Feb 29, 2024 | 11.98 Mn |
| Nov 30, 2023 | 34.35 Mn |
| Aug 31, 2023 | 29.20 Mn |
| May 31, 2023 | -49.58 Mn |
| Feb 28, 2023 | -81.94 Mn |
| Nov 30, 2022 | -230.66 Mn |
| Aug 31, 2022 | 66.47 Mn |
| May 31, 2022 | -28.43 Mn |
| Feb 28, 2022 | -54.03 Mn |
| Nov 30, 2021 | -96.63 Mn |
Lennar Deferred Taxes 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=deferred-taxes&ticker=LEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();