Lennar (LEN) Free Cash Flow (2009 - 2026)
Lennar (LEN) posted Free Cash Flow of -$303.2 million for Q2 2026, up 34.58% sequentially from -$463.5 million in Q1 2026, and up 72.69% YoY from -$175.6 million in Q2 2025.
Lennar (LEN) Free Cash Flow (2009 - 2026) Analysis & Trends
Lennar has reported Free Cash Flow for 18 years, with the latest figure at -$303.2 million in Q2 2026.
- Quarterly Free Cash Flow rose 72.69% year-over-year to -$303.2 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $716.8 million (up 157.22% YoY) and the FY2025 annual result came in at $28.2 million, down 98.74% from the prior year.
- Free Cash Flow improved to -$303.2 million in Q2 2026 per LEN's latest filing, from -$463.5 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $2.7 billion in Q4 2022 and troughed at -$1.1 billion in Q2 2025.
- A 5-year average of $543.4 million and a median of $388.6 million in 2022 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2023 and 2025: Free Cash Flow soared 1346.98% in 2023, then plunged 647.05% in 2025.
- Over 5 years, Free Cash Flow stood at $2.7 billion in 2022, then declined by 5.27% to $2.5 billion in 2023, then slumped by 63.31% to $933.1 million in 2024, then jumped by 79.42% to $1.7 billion in 2025, then sank by 118.11% to -$303.2 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$303.2 million, -$463.5 million, and $1.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.98 Bn | 39.85 Bn | 2.15 Bn | 397.30 Mn |
| 2 | Pultegroup | 24.45 Bn | 23.08 Bn | 1.06 Bn | -12.85 Mn |
| 3 | Lennar | 20.97 Bn | 18.79 Bn | 7.69 Bn | -303.24 Mn |
| 4 | Nvr | 17.21 Bn | 16.12 Bn | 485.14 Mn | -157.68 Mn |
| 5 | Toll Brothers | 14.01 Bn | 12.90 Bn | 604.89 Mn | 109.98 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | -20.39 Mn |
| 7 | Installed Building Products | 6.61 Bn | 6.21 Bn | 258.90 Mn | 51.90 Mn |
| 8 | Champion Homes | 5.07 Bn | 4.43 Bn | - | - |
| 9 | Meritage Homes | 4.73 Bn | 3.93 Bn | 254.14 Mn | 183.90 Mn |
| 10 | Cavco Industries | 4.55 Bn | 4.29 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -303.24 Mn |
| May 31, 2026 | -303.24 Mn |
| 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 |