Lennar (LEN) Inventory (2009 - 2026)
Lennar's Inventory was $12.58 billion in fiscal Q2 2026 (quarter ended May 31, 2026), down 13.3% from $14.52 billion a year earlier but up 2.0% from the prior quarter.
Lennar (LEN) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Inventory at Lennar came in at $11.84 billion, down 41.7% from FY2024.
- Inventory shows a five-year compound annual growth rate of -7.2% (FY2020 to FY2025).
- In earlier fiscal years, Inventory was $20.31 billion in FY2024 (+7.5%), $18.9 billion in FY2023 (-6.0%), $20.1 billion in FY2022 (+4.9%) and $19.17 billion in FY2021 (+11.6%).
- Quarterly Inventory has moved between $11.84 billion (fiscal Q4 2025) and $23.27 billion (fiscal Q3 2022) over five years.
- Compared with a year earlier, Inventory has declined for six straight quarters, with an average decline of 20.1% over the last eight quarters.
- The best year-over-year quarter for Inventory over five years was fiscal Q2 2022 (growth of 20.0%); the worst was fiscal Q4 2025 (a decline of 41.7%).
- Per Business Quant data, LEN's Inventory in the three fiscal quarters before Q2 2026 was $12.33 billion (Q1 2026), $11.84 billion (Q4 2025) and $13.7 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 26.69 Bn |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | 13.72 Bn |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | 12.58 Bn |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | - |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 11.65 Bn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 6.24 Bn |
| 7 | Champion Homes | 4.80 Bn | 2.28 Bn | - | 358.31 Mn |
| 8 | Cavco Industries | 4.31 Bn | 3.07 Bn | - | 295.67 Mn |
| 9 | Meritage Homes | 4.24 Bn | 1.16 Bn | 513.60 Mn | 5.89 Bn |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | 3.51 Bn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 12.58 Bn |
| Feb 28, 2026 | 12.33 Bn |
| Nov 30, 2025 | 11.84 Bn |
| Aug 31, 2025 | 13.70 Bn |
| May 31, 2025 | 14.52 Bn |
| Feb 28, 2025 | 14.25 Bn |
| Nov 30, 2024 | 20.31 Bn |
| Aug 31, 2024 | 20.64 Bn |
| May 31, 2024 | 20.51 Bn |
| Feb 29, 2024 | 19.94 Bn |
| Nov 30, 2023 | 18.90 Bn |
| Aug 31, 2023 | 22.58 Bn |
| May 31, 2023 | 22.17 Bn |
| Feb 28, 2023 | 22.07 Bn |
| Nov 30, 2022 | 20.10 Bn |
| Aug 31, 2022 | 23.27 Bn |
| May 31, 2022 | 22.49 Bn |
| Feb 28, 2022 | 20.99 Bn |
| Nov 30, 2021 | 19.17 Bn |
| Aug 31, 2021 | 19.46 Bn |
Lennar Inventory 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=inventory&ticker=LEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();