Lennar (LEN) Dividend Coverage Ratio (2009 - 2026)
Lennar's (LEN) Dividend Coverage Ratio came in at 2.48 for fiscal Q2 2026 (quarter ended May 31, 2026), down 30.7% from 3.57 a year earlier but up 33.3% from the prior quarter.
Lennar (LEN) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through May 31, 2026, Dividend Coverage Ratio at Lennar was 3.22, down 47.1% 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 18.12 in fiscal Q3 2021 over five years.
- On a year-over-year basis, Dividend Coverage Ratio has declined in each of the last ten quarters, with an average decline of 38.6% 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 1.86 (Q1 2026), 3.87 (Q4 2025) and 4.58 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 7.12 |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | - |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | 2.48 |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | - |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | - |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | - |
| 7 | Champion Homes | 4.80 Bn | 2.28 Bn | - | - |
| 8 | Cavco Industries | 4.31 Bn | 3.07 Bn | - | - |
| 9 | Meritage Homes | 4.24 Bn | 1.16 Bn | 513.60 Mn | - |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | - |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Aug 31, 2021 | 18.12 |
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_KEY
import 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();