Lennar (LEN) Net Income (2009 - 2026)
Lennar (LEN) recorded Net Income of $285.49 million in fiscal Q3 2026 (quarter ended Aug 31, 2026), down 52.4% from $599.81 million a year earlier and down 7.3% from the prior quarter.
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Analysis
Lennar (LEN) Net Income (2009 - 2026) Analysis & Trends
On a TTM basis, Lennar's Net Income came in at $1.32 billion as of Aug 31, 2026, down 51.1% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $2.11 billion, down 46.9% from FY2024.
- Annual Net Income has a five-year compound annual growth rate of -3.1% (FY2020 to FY2025).
- Across earlier fiscal years, Net Income came in at $3.97 billion in FY2024 (+0.2%), $3.96 billion in FY2023 (-14.8%), $4.65 billion in FY2022 (+4.3%) and $4.46 billion in FY2021 (+80.6%).
- Quarterly Net Income has ranged from $233.36 million in fiscal Q1 2026 to $1.47 billion in fiscal Q3 2022 over the past five years.
- On a year-over-year basis, Net Income has declined for eight consecutive quarters, with an average decline of 43.1% over the last eight quarters.
- Peak year-over-year performance for Net Income in the last five years was growth of 58.1% in fiscal Q2 2022, against a decline of 55.9% in fiscal Q1 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $308.13 million (Q2 2026), $233.36 million (Q1 2026) and $497.96 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.23 Bn | 29.53 Bn | 2.15 Bn | 918.70 Mn |
| 2 | Pultegroup | 21.49 Bn | 14.78 Bn | 1.06 Bn | 472.00 Mn |
| 3 | Lennar | 18.48 Bn | 8.85 Bn | 618.54 Mn | 285.49 Mn |
| 4 | Nvr | 15.99 Bn | 9.28 Bn | 485.14 Mn | 236.46 Mn |
| 5 | Toll Brothers | 12.69 Bn | 8.07 Bn | 625.22 Mn | 280.15 Mn |
| 6 | Champion Homes | 4.23 Bn | 1.71 Bn | - | - |
| 7 | Cavco Industries | 4.02 Bn | 2.77 Bn | - | - |
| 8 | Meritage Homes | 3.91 Bn | 831.07 Mn | 513.60 Mn | 90.63 Mn |
| 9 | M | 2.95 Bn | 20.36 Mn | 235.50 Mn | 79.07 Mn |
| 10 | Kb Home | 2.62 Bn | 1.82 Bn | -857.09 Mn | 65.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 285.49 Mn |
| May 31, 2026 | 308.13 Mn |
| Feb 28, 2026 | 233.36 Mn |
| Nov 30, 2025 | 497.96 Mn |
| Aug 31, 2025 | 599.81 Mn |
| May 31, 2025 | 481.82 Mn |
| Feb 28, 2025 | 528.71 Mn |
| Nov 30, 2024 | 1.10 Bn |
| Aug 31, 2024 | 1.19 Bn |
| May 31, 2024 | 960.59 Mn |
| Feb 29, 2024 | 719.92 Mn |
| Nov 30, 2023 | 1.37 Bn |
| Aug 31, 2023 | 1.12 Bn |
| May 31, 2023 | 877.74 Mn |
| Feb 28, 2023 | 599.31 Mn |
| Nov 30, 2022 | 1.34 Bn |
| Aug 31, 2022 | 1.47 Bn |
| May 31, 2022 | 1.32 Bn |
| Feb 28, 2022 | 509.32 Mn |
| Nov 30, 2021 | 1.19 Bn |
API Access
Lennar Net Income 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=net-income&ticker=LEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();