Lennar (LEN) EBT (2009 - 2026)
Lennar's (LEN) quarterly EBT came in at $302.5 million in Q1 2026, down 56.68% year-on-year from $698.2 million in Q1 2025, and down 55.72% quarter-over-quarter from $683.0 million in Q4 2025.
Lennar (LEN) EBT (2009 - 2026) Analysis & Trends
Lennar has disclosed EBT across 18 years of filings, most recently posting $302.5 million for Q1 2026.
- EBT for Q1 2026 came in at $302.5 million, down 56.68% year-over-year; the trailing twelve-month figure through Feb 2026 was $2.4 billion (down 51.17% YoY), and the FY2025 annual result was $2.8 billion, down 45.73% from the prior year.
- EBT came in at $302.5 million for Q1 2026 at Lennar, down from $683.0 million in the prior quarter.
- In the past five years, EBT ranged from a high of $1.8 billion in Q3 2022 to a low of $302.5 million in Q1 2026.
- The 5-year median for EBT is $1.2 billion (2023), against an average of $1.1 billion.
- Across the five-year window, EBT jumped 59.98% in 2022 and sank 56.68% in 2026, its largest moves.
- Lennar's EBT stood at $1.8 billion in 2022, then increased by 1.44% to $1.8 billion in 2023, then retreated by 18.28% to $1.5 billion in 2024, then plunged by 53.15% to $683.0 million in 2025, then plunged by 55.72% to $302.5 million in 2026.
- The last three EBT figures came in at $302.5 million (Q1 2026), $683.0 million (Q4 2025), and $790.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | 867.40 Mn |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 449.40 Mn |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | 302.45 Mn |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 251.69 Mn |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 350.36 Mn |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 130.68 Mn |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 47.10 Mn |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | 72.52 Mn |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | 57.60 Mn |
| 10 | Champion Homes | 4.39 Bn | 3.74 Bn | 172.19 Mn | 67.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| May 31, 2021 | 1.10 Bn |