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| Date | Value |
|---|---|
| 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 |