Lennar (LEN) EBT Margin (2010 - 2026)
Lennar's (LEN) quarterly EBT Margin came in at 5.2% in Q2 2026, down 246.0% year-over-year from 3.56% in Q2 2025, and up 13.89% quarter-over-quarter from 4.57% in Q1 2026.
Analysis
Lennar (LEN) EBT Margin (2010 - 2026) Analysis & Trends
Lennar has disclosed EBT Margin across 17 years of filings, most recently posting 5.2% for Q2 2026.
- In Q2 2026, EBT Margin fell 246.0% year-over-year to 5.2%; the TTM figure through May 2026 stood at 6.69% (down 556.0% YoY), while the FY2025 annual figure was 8.23%, down 640.0% from the prior year.
- EBT Margin came in at 5.2% for Q2 2026 at Lennar, up from 4.57% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 20.99% in Q2 2022 to a low of 4.57% in Q1 2026.
- Average EBT Margin over 5 years is 12.79%, with a median of 13.56% recorded in 2024.
- The largest YoY upside for EBT Margin was 394 bps in 2022 against a maximum downside of 1401 bps in 2022.
- Over 5 years, EBT Margin stood at 17.29% in 2022, then decreased by 6 bps to 16.27% in 2023, then decreased by 10 bps to 14.66% in 2024, then sank by 50 bps to 7.29% in 2025, then decreased by 29 bps to 5.2% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 5.2% in Q2 2026, 4.57% in Q1 2026, and 7.29% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 37.94 Bn | 35.80 Bn | 2.15 Bn | 13.29% |
| 2 | Pultegroup | 21.82 Bn | 20.44 Bn | 1.06 Bn | 15.63% |
| 3 | Lennar | 18.54 Bn | 16.36 Bn | 7.69 Bn | 5.20% |
| 4 | Nvr | 16.38 Bn | 15.29 Bn | 485.14 Mn | 13.70% |
| 5 | Toll Brothers | 12.33 Bn | 11.27 Bn | 625.22 Mn | 14.10% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 9.42% |
| 7 | Meritage Homes | 4.06 Bn | 3.25 Bn | 254.14 Mn | 8.61% |
| 8 | M | 3.54 Bn | 2.80 Bn | 235.50 Mn | 9.83% |
| 9 | Kb Home | 2.97 Bn | 2.91 Bn | 174.03 Mn | 3.35% |
| 10 | Green Brick Partners | 2.91 Bn | 2.78 Bn | 157.52 Mn | 20.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |