Lennar (LEN) Operating Income (2010 - 2026)
Lennar (LEN) reported Operating Income of -$6.73 billion for fiscal Q2 2026 (quarter ended May 31, 2026), compared with -$6.52 billion a year earlier.
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Analysis
Lennar (LEN) Operating Income (2010 - 2026) Analysis & Trends
Over the twelve months ended May 31, 2026, Lennar's Operating Income came in at -$28.26 billion; for FY2025 (ended Nov 30, 2025), it was -$28.13 billion.
- By fiscal year, Operating Income came in at -$25.17 billion in FY2024, -$22.93 billion in FY2023, -$18.44 billion in FY2022 and -$15.42 billion in FY2021.
- Five-year quarterly Operating Income spans a low of -$8.97 billion in fiscal Q4 2025 and a high of $1.88 billion in fiscal Q2 2022.
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at -$5.75 billion (Q1 2026), -$8.97 billion (Q4 2025) and -$6.8 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 1.16 Bn |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | 675.23 Mn |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | -6.73 Bn |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | 334.42 Mn |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 359.15 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 231.67 Mn |
| 7 | Champion Homes | 4.80 Bn | 2.28 Bn | - | - |
| 8 | Cavco Industries | 4.31 Bn | 3.07 Bn | - | - |
| 9 | Meritage Homes | 4.24 Bn | 1.16 Bn | 513.60 Mn | 461.22 Mn |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | -723.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -6.73 Bn |
| Feb 28, 2026 | -5.75 Bn |
| Nov 30, 2025 | -8.97 Bn |
| Aug 31, 2025 | -6.80 Bn |
| May 31, 2025 | -6.52 Bn |
| Feb 28, 2025 | -5.84 Bn |
| Nov 30, 2024 | -7.88 Bn |
| Aug 31, 2024 | -6.33 Bn |
| May 31, 2024 | -5.89 Bn |
| Feb 29, 2024 | -5.08 Bn |
| Nov 30, 2023 | -7.83 Bn |
| Aug 31, 2023 | -5.39 Bn |
| May 31, 2023 | -5.25 Bn |
| Feb 28, 2023 | -4.46 Bn |
| Nov 30, 2022 | -6.07 Bn |
| Aug 31, 2022 | -4.55 Bn |
| May 31, 2022 | 1.88 Bn |
| Feb 28, 2022 | -3.56 Bn |
| Nov 30, 2021 | -4.49 Bn |
| Aug 31, 2021 | -3.90 Bn |
API Access
Lennar Operating 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=operating-income&ticker=LEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-income&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();