Lennar LEN
NYSE LEN
$77.91 -2.85 (-3.53%)
As of: Sep 10, 2026 · 3:59 PM EDT

Lennar (LEN) Net Margin (2010 - 2026)

Lennar's (LEN) quarterly Net Margin came in at 5.2% in Q2 2026, down 55.0% year-over-year from 11.56% in Q2 2025, and up 13.89% quarter-over-quarter from 4.57% in Q1 2026.

Analysis

Lennar (LEN) Net Margin (2010 - 2026) Analysis & Trends

Lennar has disclosed Net Margin across 17 years of filings, most recently posting 5.2% for Q2 2026.

  • In Q2 2026, Net Margin fell 55.0% year-over-year to 5.2%; the TTM figure through May 2026 stood at 6.1% (down 322.0% YoY), while the FY2025 annual figure was 8.23%, down 296.0% from the prior year.
  • Net Margin came in at 5.2% for Q2 2026 at Lennar, up from 4.57% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 16.48% in Q3 2022 to a low of 4.57% in Q1 2026.
  • Average Net Margin over 5 years is 10.01%, with a median of 10.38% recorded in 2023.
  • The largest YoY upside for Net Margin was 281 bps in 2022 against a maximum downside of 1089 bps in 2022.
  • Over 5 years, 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 slumped by 34 bps to 7.29% in 2025, then decreased by 29 bps to 5.2% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 5.2% in Q2 2026, 4.57% in Q1 2026, and 7.29% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Horton D R 38.17 Bn 36.03 Bn 2.15 Bn 9.96%
2 Pultegroup 21.99 Bn 20.62 Bn 1.06 Bn 11.85%
3 Lennar 18.75 Bn 16.57 Bn 7.69 Bn 5.20%
4 Nvr 16.44 Bn 15.35 Bn 485.14 Mn 10.16%
5 Toll Brothers 12.40 Bn 11.34 Bn 625.22 Mn 10.54%
6 Taylor Morrison Home 6.77 Bn 6.12 Bn 290.64 Mn 7.24%
7 Meritage Homes 4.07 Bn 3.26 Bn 254.14 Mn 6.47%
8 M 3.57 Bn 2.83 Bn 235.50 Mn 7.44%
9 Kb Home 2.95 Bn 2.88 Bn 174.03 Mn 2.46%
10 Green Brick Partners 2.91 Bn 2.78 Bn 157.52 Mn 15.95%
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 5.20%
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 8.21%
Nov 30, 2021 14.15%
Aug 31, 2021 20.30%