Lennar (LEN) Payout Ratio (2010 - 2026)
Lennar's Payout Ratio was 0.38 in fiscal Q3 2026 (quarter ended Aug 31, 2026), up 91.0% from 0.20 a year earlier and up 21.1% from the prior quarter.
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Analysis
Lennar (LEN) Payout Ratio (2010 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Payout Ratio at Lennar came in at 0.25, up 79.6% from FY2024.
- Payout Ratio has now increased for four consecutive fiscal years.
- In earlier fiscal years, Payout Ratio was 0.14 in FY2024 (+27.7%), 0.11 in FY2023 (+15.2%), 0.09 in FY2022 (+35.8%) and 0.07 in FY2021 (-11.6%).
- The fiscal Q3 2026 figure marks the highest quarterly Payout Ratio in data going back to fiscal Q3 2010.
- Compared with a year earlier, Payout Ratio has increased for 19 straight quarters, with growth averaging 63.9% over the last eight quarters.
- The best year-over-year quarter for Payout Ratio over five years was fiscal Q1 2026 (growth of 97.8%); the worst was fiscal Q4 2021 (a decline of 11.6%).
- Per Business Quant data, LEN's Payout Ratio in the three fiscal quarters before Q3 2026 was 0.31 (Q2 2026), 0.29 (Q1 2026) and 0.25 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Horton D R | 39.52 Bn | 29.83 Bn | 2.15 Bn |
| 2 | Pultegroup | 21.77 Bn | 15.06 Bn | 1.06 Bn |
| 3 | Lennar | 18.67 Bn | 9.04 Bn | 618.54 Mn |
| 4 | Nvr | 16.08 Bn | 9.37 Bn | 485.14 Mn |
| 5 | Toll Brothers | 12.78 Bn | 8.15 Bn | 625.22 Mn |
| 6 | Champion Homes | 4.24 Bn | 1.72 Bn | - |
| 7 | Cavco Industries | 4.03 Bn | 2.78 Bn | - |
| 8 | Meritage Homes | 3.94 Bn | 865.28 Mn | 513.60 Mn |
| 9 | M | 3.05 Bn | 126.63 Mn | 235.50 Mn |
| 10 | Green Brick Partners | 2.66 Bn | 2.09 Bn | 157.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 0.38 |
| May 31, 2026 | 0.31 |
| Feb 28, 2026 | 0.29 |
| Nov 30, 2025 | 0.25 |
| Aug 31, 2025 | 0.20 |
| May 31, 2025 | 0.16 |
| Feb 28, 2025 | 0.14 |
| Nov 30, 2024 | 0.14 |
| Aug 31, 2024 | 0.12 |
| May 31, 2024 | 0.12 |
| Feb 29, 2024 | 0.11 |
| Nov 30, 2023 | 0.11 |
| Aug 31, 2023 | 0.11 |
| May 31, 2023 | 0.10 |
| Feb 28, 2023 | 0.09 |
| Nov 30, 2022 | 0.09 |
| Aug 31, 2022 | 0.09 |
| May 31, 2022 | 0.08 |
| Feb 28, 2022 | 0.09 |
| Nov 30, 2021 | 0.07 |
API Access
Lennar Payout Ratio 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=payout-ratio&ticker=LEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();