Lennar (LEN) EBITDA (2010 - 2026)
Lennar (LEN) posted EBITDA of $145.9 million for Q2 2026, up 446.23% sequentially from -$42.2 million in Q1 2026, and down 28.08% YoY from $202.9 million in Q2 2025.
Lennar (LEN) EBITDA (2010 - 2026) Analysis & Trends
Lennar has reported EBITDA for 17 years, with the latest figure at $145.9 million in Q2 2026.
- Quarterly EBITDA fell 28.08% year-over-year to $145.9 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $104.1 million (up 102.08% YoY) and the FY2025 annual result came in at $1.2 billion, down 68.31% from the prior year.
- EBITDA grew to $145.9 million in Q2 2026 per LEN's latest filing, from -$42.2 million in the prior quarter.
- Over five years, EBITDA peaked at $1.7 billion in Q3 2022 and troughed at -$6.3 billion in Q3 2024.
- A 5-year average of -$1.1 billion and a median of $331.9 million in 2025 frame the typical range for EBITDA.
- The sharpest annual moves came in 2022 and 2024: EBITDA jumped 2291.78% in 2022, then plunged 596.42% in 2024.
- Over 5 years, EBITDA stood at -$6.1 billion in 2022, then soared by 113.79% to $837.4 million in 2023, then retreated by 22.33% to $650.5 million in 2024, then plunged by 170.8% to -$460.5 million in 2025, then soared by 131.69% to $145.9 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered $145.9 million, -$42.2 million, and -$460.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.75 Bn | 39.61 Bn | 2.15 Bn | 1.16 Bn |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | 675.23 Mn |
| 3 | Lennar | 20.63 Bn | 18.45 Bn | 7.69 Bn | 145.95 Mn |
| 4 | Nvr | 17.05 Bn | 15.96 Bn | 485.14 Mn | 334.42 Mn |
| 5 | Toll Brothers | 13.82 Bn | 12.72 Bn | 604.89 Mn | 346.64 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 141.79 Mn |
| 7 | Installed Building Products | 6.51 Bn | 6.12 Bn | 258.90 Mn | 94.60 Mn |
| 8 | Champion Homes | 5.01 Bn | 4.37 Bn | - | - |
| 9 | Meritage Homes | 4.69 Bn | 3.88 Bn | 254.14 Mn | 109.95 Mn |
| 10 | Cavco Industries | 4.53 Bn | 4.28 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 145.95 Mn |
| Feb 28, 2026 | -42.15 Mn |
| Nov 30, 2025 | -460.53 Mn |
| Aug 31, 2025 | 460.82 Mn |
| May 31, 2025 | 202.93 Mn |
| Feb 28, 2025 | 465.31 Mn |
| Nov 30, 2024 | 650.45 Mn |
| Aug 31, 2024 | -6.33 Bn |
| May 31, 2024 | -5.89 Bn |
| Feb 29, 2024 | 782.67 Mn |
| Nov 30, 2023 | 837.42 Mn |
| Aug 31, 2023 | -5.39 Bn |
| May 31, 2023 | 1.19 Bn |
| Feb 28, 2023 | 809.80 Mn |
| Nov 30, 2022 | -6.07 Bn |
| Aug 31, 2022 | 1.73 Bn |
| May 31, 2022 | 553.82 Mn |
| Feb 28, 2022 | -3.24 Bn |
| Nov 30, 2021 | 34.65 Bn |
| Aug 31, 2021 | 770.15 Mn |