Lennar (LEN) Dividend Coverage Ratio (2009 - 2026)
Lennar's (LEN) Dividend Coverage Ratio came in at 2.38 for fiscal Q3 2026 (quarter ended Aug 31, 2026), down 48.1% from 4.58 a year earlier and down 4.0% from the prior quarter.
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Analysis
Lennar (LEN) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Aug 31, 2026, Dividend Coverage Ratio at Lennar was 2.66, down 47.7% year-over-year; for FY2025 (ended Nov 30, 2025), it was 3.99, down 44.3% from FY2024.
- Annual Dividend Coverage Ratio has declined for four consecutive fiscal years.
- In prior fiscal years, Lennar's Dividend Coverage Ratio was 7.17 in FY2024 (-21.7%), 9.15 in FY2023 (-13.2%), 10.53 in FY2022 (-26.3%) and 14.30 in FY2021 (+13.2%).
- Quarterly Dividend Coverage Ratio has run from a low of 1.86 in fiscal Q1 2026 to a high of 15.71 in fiscal Q4 2021 over five years.
- On a year-over-year basis, Dividend Coverage Ratio has declined in each of the last 11 quarters, with an average decline of 42.4% over the last eight quarters.
- The strongest year-over-year quarter for Dividend Coverage Ratio in the past five years was fiscal Q4 2021, with growth of 38.7%; the weakest was fiscal Q1 2022, with a decline of 64.5%.
- According to Business Quant data, Dividend Coverage Ratio for the three prior fiscal quarters was 2.48 (Q2 2026), 1.86 (Q1 2026) and 3.87 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.45 Bn | 29.75 Bn | 2.15 Bn | 7.12 |
| 2 | Pultegroup | 21.54 Bn | 14.84 Bn | 1.06 Bn | - |
| 3 | Lennar | 18.58 Bn | 8.95 Bn | 618.54 Mn | 2.38 |
| 4 | Nvr | 16.12 Bn | 9.40 Bn | 485.14 Mn | - |
| 5 | Toll Brothers | 12.64 Bn | 8.01 Bn | 625.22 Mn | - |
| 6 | Champion Homes | 4.27 Bn | 1.74 Bn | - | - |
| 7 | Cavco Industries | 4.12 Bn | 2.87 Bn | - | - |
| 8 | Meritage Homes | 3.94 Bn | 863.96 Mn | 513.60 Mn | - |
| 9 | M | 3.19 Bn | 260.21 Mn | 235.50 Mn | - |
| 10 | Green Brick Partners | 2.67 Bn | 2.10 Bn | 157.52 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 2.38 |
| May 31, 2026 | 2.48 |
| Feb 28, 2026 | 1.86 |
| Nov 30, 2025 | 3.87 |
| Aug 31, 2025 | 4.58 |
| May 31, 2025 | 3.57 |
| Feb 28, 2025 | 3.95 |
| Nov 30, 2024 | 8.14 |
| Aug 31, 2024 | 8.56 |
| May 31, 2024 | 6.87 |
| Feb 29, 2024 | 5.16 |
| Nov 30, 2023 | 12.94 |
| Aug 31, 2023 | 10.36 |
| May 31, 2023 | 7.90 |
| Feb 28, 2023 | 5.53 |
| Nov 30, 2022 | 12.21 |
| Aug 31, 2022 | 13.49 |
| May 31, 2022 | 11.92 |
| Feb 28, 2022 | 4.57 |
| Nov 30, 2021 | 15.71 |
API Access
Lennar Dividend Coverage Ratio 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=dividend-coverage-ratio&ticker=LEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "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=dividend-coverage-ratio&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();