Lennar (LEN) Net Margin (2009 - 2026)
Lennar's (LEN) quarterly Net Margin came in at 4.57% in Q1 2026, down 236.0% year-on-year from 3.36% in Q1 2025, and down 37.34% quarter-over-quarter from 7.29% in Q4 2025.
Lennar (LEN) Net Margin (2009 - 2026) Analysis & Trends
Lennar has disclosed Net Margin across 18 years of filings, most recently posting 4.57% for Q1 2026.
- Net Margin for Q1 2026 came in at 4.57%, down 236.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 6.23% (down 433.0% YoY), and the FY2025 annual result was 8.23%, down 296.0% from the prior year.
- Net Margin came in at 4.57% for Q1 2026 at Lennar, down from 7.29% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 7024.07% in Q1 2022 to a low of 4.57% in Q1 2026.
- The 5-year median for Net Margin is 10.96% (2024), against an average of 422.99%.
- Peak annual rise in Net Margin reached 700497 bps in 2022, while the deepest fall reached 1017899 bps in 2022.
- Lennar's Net Margin stood at 13.21% in 2022, then retreated by 6 bps to 12.47% in 2023, then dropped by 11 bps to 11.06% in 2024, then plunged by 34 bps to 7.29% in 2025, then tumbled by 37 bps to 4.57% in 2026.
- The last three Net Margin figures came in at 4.57% (Q1 2026), 7.29% (Q4 2025), and 6.81% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.60 Bn | 40.25 Bn | 1.70 Bn | 8.71% |
| 2 | Pultegroup | 22.64 Bn | 20.83 Bn | 881.27 Mn | 10.18% |
| 3 | Lennar | 22.34 Bn | 20.15 Bn | 6.36 Bn | 4.57% |
| 4 | Nvr | 17.27 Bn | 15.62 Bn | 1.31 Bn | 10.55% |
| 5 | Toll Brothers | 13.05 Bn | 11.95 Bn | 604.89 Mn | 10.29% |
| 6 | Taylor Morrison Home | 6.86 Bn | 6.86 Bn | 290.64 Mn | 7.24% |
| 7 | Installed Building Products | 5.39 Bn | 4.91 Bn | 212.30 Mn | 5.27% |
| 8 | Meritage Homes | 4.60 Bn | 3.84 Bn | -269,000.00 | 14.59% |
| 9 | Cavco Industries | 4.47 Bn | 4.44 Bn | 135.92 Mn | 7.58% |
| 10 | Champion Homes | 4.25 Bn | 3.59 Bn | 172.19 Mn | 8.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 4.57% |
| Nov 30, 2025 | 7.29% |
| Aug 31, 2025 | 6.81% |
| May 31, 2025 | 5.75% |
| Feb 28, 2025 | 6.93% |
| Nov 30, 2024 | 11.06% |
| Aug 31, 2024 | 12.61% |
| May 31, 2024 | 10.96% |
| Feb 29, 2024 | 9.84% |
| Nov 30, 2023 | 12.47% |
| Aug 31, 2023 | 12.79% |
| May 31, 2023 | 10.91% |
| Feb 28, 2023 | 9.23% |
| Nov 30, 2022 | 13.21% |
| Aug 31, 2022 | 16.48% |
| May 31, 2022 | 15.82% |
| Feb 28, 2022 | 7,024.07% |
| Nov 30, 2021 | 4.80% |
| Aug 31, 2021 | 10,195.47% |
| May 31, 2021 | 471.49% |