Lennar (LEN) EBT Margin (2010 - 2026)
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.
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 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
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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-margin&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();