Lennar LEN
NYSE LEN
$81.55 -1.46 (-1.76%)
As of: Sep 30, 2026 · 3:02 PM EDT

Lennar (LEN) EBT Margin (2010 - 2026)

Updated

Lennar (LEN) posted EBT Margin of 5.20% for fiscal Q2 2026 (quarter ended May 31, 2026), down 2.46 percentage points from 7.66% a year earlier but up 0.63 percentage points from the prior quarter.

Analysis

Lennar (LEN) EBT Margin (2010 - 2026) Analysis & Trends

For the trailing twelve months through May 31, 2026, EBT Margin at Lennar was 6.69%, down 5.56 percentage points year-over-year; for FY2025 (ended Nov 30, 2025), it was 8.23%, down 6.40 percentage points from FY2024.

  • Annual EBT Margin has declined for four consecutive fiscal years, with a five-year change of -5.66 percentage points (FY2020 to FY2025).
  • In prior fiscal years, Lennar's EBT Margin was 14.63% in FY2024 (-0.57 pp), 15.20% in FY2023 (-2.67 pp), 17.86% in FY2022 (-3.59 pp) and 21.45% in FY2021 (+7.56 pp).
  • Quarterly EBT Margin has run from a low of 4.57% in fiscal Q1 2026 to a high of 26.14% in fiscal Q3 2021 over five years.
  • On a year-over-year basis, EBT Margin has declined in each of the last nine quarters, with an average year-over-year change of -4.28 percentage points over the last eight quarters.
  • The strongest year-over-year quarter for EBT Margin in the past five years was fiscal Q3 2021, with a gain of 11.50 percentage points; the weakest was fiscal Q1 2022, with a drop of 14.01 percentage points.
  • According to Business Quant data, EBT Margin for the three prior fiscal quarters was 4.57% (Q1 2026), 7.29% (Q4 2025) and 8.97% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Horton D R 39.14 Bn 30.03 Bn 2.15 Bn 13.29%
2 Pultegroup 22.22 Bn 15.51 Bn 1.06 Bn 16.95%
3 Lennar 17.48 Bn 6.90 Bn 807.31 Mn 5.20%
4 Nvr 16.60 Bn 9.88 Bn 485.14 Mn 14.07%
5 Toll Brothers 12.52 Bn 7.91 Bn 625.22 Mn 13.51%
6 Taylor Morrison Home 6.77 Bn 4.76 Bn 290.64 Mn 9.42%
7 Champion Homes 4.79 Bn 2.27 Bn - -
8 Cavco Industries 4.30 Bn 3.05 Bn - -
9 Meritage Homes 4.17 Bn 1.09 Bn 513.60 Mn 4.29%
10 M 3.44 Bn 510.26 Mn 235.50 Mn -68.26%
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 5.20%
Feb 28, 2026 4.57%
Nov 30, 2025 7.29%
Aug 31, 2025 8.97%
May 31, 2025 7.66%
Feb 28, 2025 9.15%
Nov 30, 2024 14.66%
Aug 31, 2024 16.30%
May 31, 2024 14.39%
Feb 29, 2024 12.73%
Nov 30, 2023 16.27%
Aug 31, 2023 16.90%
May 31, 2023 14.40%
Feb 28, 2023 12.09%
Nov 30, 2022 17.29%
Aug 31, 2022 20.42%
May 31, 2022 20.99%
Feb 28, 2022 10.91%
Nov 30, 2021 18.74%
Aug 31, 2021 26.14%
API Access

Lennar EBT Margin 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-margin&ticker=LEN&period=max&api_key=YOUR_API_KEY