Lennar (LEN) Free Cash Flow (2009 - 2026)
Lennar (LEN) reported Free Cash Flow of -$303.24 million for fiscal Q2 2026 (quarter ended May 31, 2026), compared with -$1.11 billion a year earlier.
Lennar (LEN) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended May 31, 2026, Lennar's Free Cash Flow came in at $716.77 million, up 157.2% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $28.18 million, down 98.7% from FY2024.
- Free Cash Flow has a five-year compound annual growth rate of -63.1% (FY2020 to FY2025).
- By fiscal year, Free Cash Flow came in at $2.23 billion in FY2024 (-56.1%), $5.08 billion in FY2023 (+58.3%), $3.21 billion in FY2022 (+30.0%) and $2.47 billion in FY2021 (-40.1%).
- Five-year quarterly Free Cash Flow spans a low of -$1.11 billion in fiscal Q2 2025 and a high of $2.68 billion in fiscal Q4 2022.
- The high point for year-over-year Free Cash Flow in five years was fiscal Q2 2023 (growth of 429.9%); the low point was fiscal Q1 2024 (a decline of 69.7%).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at -$463.49 million (Q1 2026), $1.67 billion (Q4 2025) and -$190.78 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn | 397.30 Mn |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn | -12.85 Mn |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn | -303.24 Mn |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn | -157.68 Mn |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn | 219.64 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | -20.39 Mn |
| 7 | Champion Homes | 4.74 Bn | 2.22 Bn | - | - |
| 8 | Cavco Industries | 4.34 Bn | 3.09 Bn | - | - |
| 9 | Meritage Homes | 4.10 Bn | 1.02 Bn | 513.60 Mn | 183.90 Mn |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn | 31.43 Mn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -303.24 Mn |
| Feb 28, 2026 | -463.49 Mn |
| Nov 30, 2025 | 1.67 Bn |
| Aug 31, 2025 | -190.78 Mn |
| May 31, 2025 | -1.11 Bn |
| Feb 28, 2025 | -345.09 Mn |
| Nov 30, 2024 | 933.14 Mn |
| Aug 31, 2024 | 800.84 Mn |
| May 31, 2024 | 202.95 Mn |
| Feb 29, 2024 | 294.94 Mn |
| Nov 30, 2023 | 2.54 Bn |
| Aug 31, 2023 | 929.52 Mn |
| May 31, 2023 | 634.63 Mn |
| Feb 28, 2023 | 972.78 Mn |
| Nov 30, 2022 | 2.68 Bn |
| Aug 31, 2022 | 482.17 Mn |
| May 31, 2022 | 119.76 Mn |
| Feb 28, 2022 | -78.01 Mn |
| Nov 30, 2021 | 1.20 Bn |
| Aug 31, 2021 | 578.63 Mn |
Lennar Free Cash Flow 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=free-cash-flow&ticker=LEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();