KPIs & Operating Metrics(New)
Growth Metrics

Lennar (LEN) Gross Margin (2016 - 2025)

Lennar's Gross Margin history spans 15 years, with the latest figure at 84.88% for Q4 2025.

  • For Q4 2025, Gross Margin fell 426.0% year-over-year to 84.88%; the TTM value through Nov 2025 reached 95.57%, down 58.0%, while the annual FY2025 figure was 95.57%, 124.0% down from the prior year.
  • Gross Margin for Q4 2025 was 84.88% at Lennar, down from 99.48% in the prior quarter.
  • Across five years, Gross Margin topped out at 373.49% in Q2 2021 and bottomed at 124.91% in Q1 2022.
  • The 5-year median for Gross Margin is 98.56% (2021), against an average of 98.25%.
  • The largest annual shift saw Gross Margin skyrocketed 27351bps in 2021 before it plummeted -31575bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 98.66% in 2021, then decreased by 0bps to 98.41% in 2022, then increased by 2bps to 99.92% in 2023, then dropped by -11bps to 89.14% in 2024, then fell by -5bps to 84.88% in 2025.
  • Per Business Quant, the three most recent readings for LEN's Gross Margin are 84.88% (Q4 2025), 99.48% (Q3 2025), and 99.64% (Q2 2025).