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
DateValue
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%