Lennar (LEN) Shares Outstanding (2009 - 2026)
Lennar (LEN) recorded Shares Outstanding of 240.78 million in fiscal Q2 2026 (quarter ended May 31, 2026), down 7.5% from 260.29 million a year earlier and down 1.5% from the prior quarter.
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Analysis
Lennar (LEN) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Lennar reported Shares Outstanding of 257.75 million, down 5.2% from FY2024.
- Annual Shares Outstanding has declined for six straight fiscal years, with a five-year compound annual growth rate of -3.6% (FY2020 to FY2025).
- Across earlier fiscal years, Shares Outstanding came in at 272.02 million in FY2024 (-4.0%), 283.32 million in FY2023 (-2.2%), 289.82 million in FY2022 (-5.5%) and 306.61 million in FY2021 (-0.9%).
- The fiscal Q2 2026 figure is the lowest quarterly Shares Outstanding since fiscal Q4 2017.
- On a year-over-year basis, Shares Outstanding has declined for 20 consecutive quarters, with an average decline of 5.5% over the last eight quarters.
- The year-over-year decline in Shares Outstanding has ranged between 0.5% (fiscal Q3 2021) and 7.5% (fiscal Q2 2026) over the last five years.
- Per Business Quant, the preceding three fiscal quarters came in at 244.44 million (Q1 2026), 257.75 million (Q4 2025) and 255.6 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn | 282.20 Mn |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn | 189.39 Mn |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn | 240.78 Mn |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn | 2.70 Mn |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn | 93.90 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 96.03 Mn |
| 7 | Champion Homes | 4.74 Bn | 2.22 Bn | - | 55.92 Mn |
| 8 | Cavco Industries | 4.34 Bn | 3.09 Bn | - | 7.80 Mn |
| 9 | Meritage Homes | 4.10 Bn | 1.02 Bn | 513.60 Mn | 65.79 Mn |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn | 25.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 240.78 Mn |
| Feb 28, 2026 | 244.44 Mn |
| Nov 30, 2025 | 257.75 Mn |
| Aug 31, 2025 | 255.60 Mn |
| May 31, 2025 | 260.29 Mn |
| Feb 28, 2025 | 262.73 Mn |
| Nov 30, 2024 | 272.02 Mn |
| Aug 31, 2024 | 270.16 Mn |
| May 31, 2024 | 273.70 Mn |
| Feb 29, 2024 | 276.95 Mn |
| Nov 30, 2023 | 283.32 Mn |
| Aug 31, 2023 | 282.85 Mn |
| May 31, 2023 | 284.91 Mn |
| Feb 28, 2023 | 286.07 Mn |
| Nov 30, 2022 | 289.82 Mn |
| Aug 31, 2022 | 288.11 Mn |
| May 31, 2022 | 289.90 Mn |
| Feb 28, 2022 | 293.93 Mn |
| Nov 30, 2021 | 306.61 Mn |
| Aug 31, 2021 | 307.30 Mn |
API Access
Lennar Shares Outstanding 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=shares-outstanding&ticker=LEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();