Lennar (LEN) EBITDA (2009 - 2026)

Lennar's (LEN) quarterly EBITDA came in at -$42.2 million in Q1 2026, down 108.12% year-on-year from $519.3 million in Q1 2025, and up 94.54% quarter-over-quarter from -$772.2 million in Q4 2025.

Lennar (LEN) EBITDA (2009 - 2026) Analysis & Trends

Lennar has disclosed EBITDA across 18 years of filings, most recently posting -$42.2 million for Q1 2026.

  • EBITDA for Q1 2026 came in at -$42.2 million, down 108.12% year-over-year; the trailing twelve-month figure through Feb 2026 was $252.7 million (down 93.23% YoY), and the FY2025 annual result was $1.2 billion, down 70.71% from the prior year.
  • EBITDA came in at -$42.2 million for Q1 2026 at Lennar, up from -$772.2 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $1.5 billion in Q3 2022 to a low of -$772.2 million in Q4 2025.
  • The 5-year median for EBITDA is $872.3 million (2023), against an average of $780.4 million.
  • Across the five-year window, EBITDA jumped 58.81% in 2022 and slumped 170.41% in 2025, its largest moves.
  • Lennar's EBITDA stood at $1.3 billion in 2022, then increased by 2.98% to $1.4 billion in 2023, then declined by 19.49% to $1.1 billion in 2024, then plunged by 170.41% to -$772.2 million in 2025, then surged by 94.54% to -$42.2 million in 2026.
  • The last three EBITDA figures came in at -$42.2 million (Q1 2026), -$772.2 million (Q4 2025), and $591.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Horton D R 41.60 Bn 40.25 Bn 1.70 Bn 800.00 Mn
2 Pultegroup 22.64 Bn 20.83 Bn 881.27 Mn 500.94 Mn
3 Lennar 22.34 Bn 20.15 Bn 6.36 Bn -42.15 Mn
4 Nvr 17.27 Bn 15.62 Bn 1.31 Bn 1.15 Bn
5 Toll Brothers 13.05 Bn 11.95 Bn 604.89 Mn 258.74 Mn
6 Taylor Morrison Home 6.86 Bn 6.86 Bn 290.64 Mn 231.67 Mn
7 Installed Building Products 5.39 Bn 4.91 Bn 212.30 Mn 35.10 Mn
8 Meritage Homes 4.60 Bn 3.84 Bn -269,000.00 -51.67 Mn
9 Cavco Industries 4.47 Bn 4.44 Bn 135.92 Mn 44.08 Mn
10 Champion Homes 4.25 Bn 3.59 Bn 172.19 Mn 62.47 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 -42.15 Mn
Nov 30, 2025 -772.22 Mn
Aug 31, 2025 590.97 Mn
May 31, 2025 476.12 Mn
Feb 28, 2025 519.35 Mn
Nov 30, 2024 1.10 Bn
Aug 31, 2024 1.16 Bn
May 31, 2024 955.67 Mn
Feb 29, 2024 719.70 Mn
Nov 30, 2023 1.36 Bn
Aug 31, 2023 1.11 Bn
May 31, 2023 872.27 Mn
Feb 28, 2023 597.39 Mn
Nov 30, 2022 1.32 Bn
Aug 31, 2022 1.47 Bn
May 31, 2022 1.32 Bn
Feb 28, 2022 506.61 Mn
Nov 30, 2021 1.19 Bn
Aug 31, 2021 1.41 Bn
May 31, 2021 831.68 Mn