Lennar (LEN) EBT (2010 - 2026)
Lennar (LEN) reported EBT of $413.19 million for fiscal Q2 2026 (quarter ended May 31, 2026), down 35.6% from $641.88 million a year earlier but up 36.6% from the prior quarter.
Lennar (LEN) EBT (2010 - 2026) Analysis & Trends
Over the twelve months ended May 31, 2026, Lennar's EBT came in at $2.19 billion, down 49.5% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $2.81 billion, down 45.7% from FY2024.
- EBT has declined for three consecutive fiscal years, with a five-year compound annual growth rate of -2.1% (FY2020 to FY2025).
- By fiscal year, EBT came in at $5.18 billion in FY2024 (-0.3%), $5.2 billion in FY2023 (-13.5%), $6.01 billion in FY2022 (+3.4%) and $5.82 billion in FY2021 (+86.3%).
- Five-year quarterly EBT spans a low of $302.45 million in fiscal Q1 2026 and a high of $1.82 billion in fiscal Q3 2022.
- Year over year, EBT has now declined in each of the last seven quarters, with an average decline of 35.3% over the last eight quarters.
- The high point for year-over-year EBT in five years was fiscal Q3 2021 (growth of 111.2%); the low point was fiscal Q1 2026 (a decline of 56.7%).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at $302.45 million (Q1 2026), $683.04 million (Q4 2025) and $790.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 1.23 Bn |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | 675.23 Mn |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | 413.19 Mn |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | 327.42 Mn |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 359.15 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 130.68 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 | 120.56 Mn |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | -725.80 Mn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 413.19 Mn |
| Feb 28, 2026 | 302.45 Mn |
| Nov 30, 2025 | 683.04 Mn |
| Aug 31, 2025 | 790.70 Mn |
| May 31, 2025 | 641.88 Mn |
| Feb 28, 2025 | 698.24 Mn |
| Nov 30, 2024 | 1.46 Bn |
| Aug 31, 2024 | 1.54 Bn |
| May 31, 2024 | 1.26 Bn |
| Feb 29, 2024 | 930.79 Mn |
| Nov 30, 2023 | 1.78 Bn |
| Aug 31, 2023 | 1.48 Bn |
| May 31, 2023 | 1.16 Bn |
| Feb 28, 2023 | 784.45 Mn |
| Nov 30, 2022 | 1.76 Bn |
| Aug 31, 2022 | 1.82 Bn |
| May 31, 2022 | 1.75 Bn |
| Feb 28, 2022 | 676.74 Mn |
| Nov 30, 2021 | 1.58 Bn |
| Aug 31, 2021 | 1.81 Bn |
Lennar EBT 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=ebt&ticker=LEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();