Lennar LEN
NYSE LEN
$83.00 -0.03 (-0.04%)
As of: Sep 30, 2026 · 9:44 AM EDT

Lennar (LEN) EBIT Margin (2010 - 2026)

Updated

Lennar (LEN) reported EBIT Margin of -84.82% for fiscal Q2 2026 (quarter ended May 31, 2026), down 7.00 percentage points from -77.82% a year earlier but up 2.11 percentage points from the prior quarter.

Analysis

Lennar (LEN) EBIT Margin (2010 - 2026) Analysis & Trends

Over the twelve months ended May 31, 2026, Lennar's EBIT Margin came in at -86.32%, down 11.19 percentage points year-over-year; for FY2025 (ended Nov 30, 2025), it came in at -82.29%, down 11.26 percentage points from FY2024.

  • EBIT Margin has declined for three consecutive fiscal years, with a five-year change of -16.27 percentage points (FY2020 to FY2025).
  • By fiscal year, EBIT Margin came in at -71.03% in FY2024 (-4.06 pp), -66.97% in FY2023 (-12.20 pp), -54.77% in FY2022 (+2.09 pp) and -56.85% in FY2021 (+9.16 pp).
  • Five-year quarterly EBIT Margin spans a low of -95.77% in fiscal Q4 2025 and a high of 22.50% in fiscal Q2 2022.
  • Year over year, EBIT Margin has now declined in each of the last 15 quarters, with an average year-over-year change of -9.37 percentage points over the last eight quarters.
  • The high point for year-over-year EBIT Margin in five years was fiscal Q3 2021 (a gain of 8.43 percentage points); the low point was fiscal Q2 2023 (a drop of 87.70 percentage points).
  • Per Business Quant data, the three fiscal quarters before Q2 2026 came in at -86.93% (Q1 2026), -95.77% (Q4 2025) and -77.15% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Horton D R 39.14 Bn 30.03 Bn 2.15 Bn 12.52%
2 Pultegroup 22.34 Bn 15.63 Bn 1.06 Bn 16.95%
3 Lennar 17.27 Bn 6.70 Bn 807.31 Mn -84.82%
4 Nvr 16.72 Bn 10.01 Bn 485.14 Mn 14.38%
5 Toll Brothers 12.58 Bn 7.96 Bn 625.22 Mn 13.51%
6 Taylor Morrison Home 6.77 Bn 4.76 Bn 290.64 Mn 16.70%
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 16.42%
10 M 3.48 Bn 550.71 Mn 235.50 Mn -68.02%
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 -84.82%
Feb 28, 2026 -86.93%
Nov 30, 2025 -95.77%
Aug 31, 2025 -77.15%
May 31, 2025 -77.82%
Feb 28, 2025 -76.58%
Nov 30, 2024 -79.24%
Aug 31, 2024 -67.19%
May 31, 2024 -67.17%
Feb 29, 2024 -69.42%
Nov 30, 2023 -71.38%
Aug 31, 2023 -61.77%
May 31, 2023 -65.21%
Feb 28, 2023 -68.69%
Nov 30, 2022 -59.69%
Aug 31, 2022 -50.95%
May 31, 2022 22.50%
Feb 28, 2022 -57.41%
Nov 30, 2021 -53.27%
Aug 31, 2021 -56.16%
API Access

Lennar EBIT Margin 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=ebit-margin&ticker=LEN&period=max&api_key=YOUR_API_KEY