Lennar (LEN) FCF Margin (2009 - 2026)
Lennar's FCF Margin was -1.20% in fiscal Q3 2026 (quarter ended Aug 31, 2026), up 0.97 percentage points from -2.17% a year earlier and up 2.62 percentage points from the prior quarter.
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Analysis
Lennar (LEN) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Lennar's FCF Margin was 2.54% through Aug 31, 2026, up 4.59 percentage points year-over-year; for FY2025 (ended Nov 30, 2025), it was 0.08%, down 6.21 percentage points from FY2024.
- FCF Margin shows a five-year change of -18.23 percentage points (FY2020 to FY2025).
- In earlier fiscal years, FCF Margin was 6.30% in FY2024 (-8.54 pp), 14.84% in FY2023 (+5.31 pp), 9.53% in FY2022 (+0.43 pp) and 9.10% in FY2021 (-9.22 pp).
- Quarterly FCF Margin has moved between -13.25% (fiscal Q2 2025) and 26.39% (fiscal Q4 2022) over five years.
- Compared with a year earlier, FCF Margin was higher in three of the last eight quarters, with an average year-over-year change of -4.02 percentage points.
- The best year-over-year quarter for FCF Margin over five years was fiscal Q1 2023 (a gain of 16.25 percentage points); the worst was fiscal Q2 2025 (a drop of 15.57 percentage points).
- Per Business Quant data, LEN's FCF Margin in the three fiscal quarters before Q3 2026 was -3.82% (Q2 2026), -7.00% (Q1 2026) and 17.87% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.89 Bn | 34.20 Bn | 2.15 Bn | 4.31% |
| 2 | Pultegroup | 25.40 Bn | 18.76 Bn | 1.07 Bn | 11.00% |
| 3 | Lennar | 21.84 Bn | 12.21 Bn | 618.54 Mn | -1.20% |
| 4 | Nvr | 16.88 Bn | 11.02 Bn | 482.36 Mn | 8.54% |
| 5 | Toll Brothers | 14.71 Bn | 10.09 Bn | 625.22 Mn | 8.26% |
| 6 | Champion Homes | 5.23 Bn | 2.44 Bn | 185.60 Mn | 4.24% |
| 7 | Cavco Industries | 5.16 Bn | 4.11 Bn | 147.61 Mn | 10.16% |
| 8 | Meritage Homes | 4.64 Bn | 1.61 Bn | 410.22 Mn | -1.51% |
| 9 | M | 3.46 Bn | 649.29 Mn | - | -1.58% |
| 10 | Kb Home | 3.17 Bn | 2.38 Bn | -857.09 Mn | -11.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | -1.20% |
| May 31, 2026 | -3.82% |
| Feb 28, 2026 | -7.00% |
| Nov 30, 2025 | 17.87% |
| Aug 31, 2025 | -2.17% |
| May 31, 2025 | -13.25% |
| Feb 28, 2025 | -4.52% |
| Nov 30, 2024 | 9.38% |
| Aug 31, 2024 | 8.51% |
| May 31, 2024 | 2.32% |
| Feb 29, 2024 | 4.03% |
| Nov 30, 2023 | 23.19% |
| Aug 31, 2023 | 10.65% |
| May 31, 2023 | 7.89% |
| Feb 28, 2023 | 14.99% |
| Nov 30, 2022 | 26.39% |
| Aug 31, 2022 | 5.40% |
| May 31, 2022 | 1.43% |
| Feb 28, 2022 | -1.26% |
| Nov 30, 2021 | 14.17% |
API Access
Lennar FCF 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=fcf-margin&ticker=LEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();