Lennar (LEN) Free Cash Flow (2009 - 2026)
Lennar's (LEN) quarterly Free Cash Flow came in at -$463.5 million in Q1 2026, down 34.31% year-on-year from -$705.6 million in Q1 2025, and down 127.68% quarter-over-quarter from $1.7 billion in Q4 2025.
Lennar (LEN) Free Cash Flow (2009 - 2026) Analysis & Trends
Lennar has disclosed Free Cash Flow across 18 years of filings, most recently posting -$463.5 million for Q1 2026.
- Free Cash Flow for Q1 2026 came in at -$463.5 million, down 34.31% year-over-year; the trailing twelve-month figure through Feb 2026 was -$90.2 million (down 105.67% YoY), and the FY2025 annual result was $28.2 million, down 98.74% from the prior year.
- Free Cash Flow came in at -$463.5 million for Q1 2026 at Lennar, down from $1.7 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $2.7 billion in Q4 2022 to a low of -$1.1 billion in Q2 2025.
- The 5-year median for Free Cash Flow is $482.2 million (2022), against an average of $593.2 million.
- Across the five-year window, Free Cash Flow jumped 1346.98% in 2023 and plunged 647.05% in 2025, its largest moves.
- Lennar's Free Cash Flow stood at $2.7 billion in 2022, then slipped by 5.27% to $2.5 billion in 2023, then slumped by 63.31% to $933.1 million in 2024, then surged by 79.42% to $1.7 billion in 2025, then sank by 127.68% to -$463.5 million in 2026.
- The last three Free Cash Flow figures came in at -$463.5 million (Q1 2026), $1.7 billion (Q4 2025), and -$190.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | -449.70 Mn |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 134.36 Mn |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | -463.49 Mn |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 334.82 Mn |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 109.98 Mn |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | -20.39 Mn |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 85.70 Mn |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | 97.00 Mn |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | 57.64 Mn |
| 10 | Champion Homes | 4.39 Bn | 3.74 Bn | 172.19 Mn | 92.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | -463.49 Mn |
| Feb 28, 2026 | -463.49 Mn |
| Nov 30, 2025 | 1.67 Bn |
| Nov 30, 2025 | 1.67 Bn |
| Aug 31, 2025 | -190.78 Mn |
| Aug 31, 2025 | -190.78 Mn |
| May 31, 2025 | -1.11 Bn |
| May 31, 2025 | -1.11 Bn |
| Feb 28, 2025 | -345.09 Mn |
| Feb 28, 2025 | -345.09 Mn |
| Nov 30, 2024 | 933.14 Mn |
| Nov 30, 2024 | 933.14 Mn |
| Aug 31, 2024 | 800.84 Mn |
| Aug 31, 2024 | 800.84 Mn |
| May 31, 2024 | 202.95 Mn |
| May 31, 2024 | 202.95 Mn |
| Feb 29, 2024 | 294.94 Mn |
| Feb 29, 2024 | 294.94 Mn |
| Nov 30, 2023 | 2.54 Bn |
| Nov 30, 2023 | 2.54 Bn |