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
DateValue
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