Lennar (LEN) Raw Materials (2009 - 2026)
Lennar (LEN) reported Raw Materials of $801.16 million for fiscal Q2 2026 (quarter ended May 31, 2026), down 37.0% from $1.27 billion a year earlier and down 13.7% from the prior quarter.
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Analysis
Lennar (LEN) Raw Materials (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Lennar posted Raw Materials of $1.1 billion, down 76.9% from FY2024.
- Raw Materials has declined for seven consecutive fiscal years, with a five-year compound annual growth rate of -31.9% (FY2020 to FY2025).
- By fiscal year, Raw Materials came in at $4.75 billion in FY2024 (-3.2%), $4.9 billion in FY2023 (-13.2%), $5.65 billion in FY2022 (-20.5%) and $7.11 billion in FY2021 (-5.2%).
- The fiscal Q2 2026 figure ranks as the lowest quarterly Raw Materials in data going back to fiscal Q4 2009.
- Year over year, Raw Materials has now declined in each of the last 15 quarters, with an average decline of 48.3% over the last eight quarters.
- The high point for year-over-year Raw Materials in five years was fiscal Q3 2022 (growth of 8.9%); the low point was fiscal Q3 2025 (a decline of 78.0%).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at $928.52 million (Q1 2026), $1.1 billion (Q4 2025) and $1.07 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 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 |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 801.16 Mn |
| Feb 28, 2026 | 928.52 Mn |
| Nov 30, 2025 | 1.10 Bn |
| Aug 31, 2025 | 1.07 Bn |
| May 31, 2025 | 1.27 Bn |
| Feb 28, 2025 | 1.06 Bn |
| Nov 30, 2024 | 4.75 Bn |
| Aug 31, 2024 | 4.87 Bn |
| May 31, 2024 | 4.42 Bn |
| Feb 29, 2024 | 4.73 Bn |
| Nov 30, 2023 | 4.90 Bn |
| Aug 31, 2023 | 6.99 Bn |
| May 31, 2023 | 7.11 Bn |
| Feb 28, 2023 | 7.46 Bn |
| Nov 30, 2022 | 5.65 Bn |
| Aug 31, 2022 | 7.85 Bn |
| May 31, 2022 | 7.59 Bn |
| Feb 28, 2022 | 7.76 Bn |
| Nov 30, 2021 | 7.11 Bn |
| Aug 31, 2021 | 7.21 Bn |
API Access
Lennar Raw Materials 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=raw-materials&ticker=LEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "raw-materials", "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=raw-materials&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();