Lennar (LEN) Shares Outstanding (Entity) (2009 - 2026)
Lennar (LEN) reported Shares Outstanding (Entity) of 210.51 million for fiscal Q2 2026 (quarter ended May 31, 2026), down 7.5% from 227.6 million a year earlier and down 2.2% from the prior quarter.
Lennar (LEN) Shares Outstanding (Entity) (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Lennar posted Shares Outstanding (Entity) of 215.77 million, down 7.6% from FY2024.
- Shares Outstanding (Entity) has declined for seven consecutive fiscal years, with a five-year compound annual growth rate of -4.7% (FY2020 to FY2025).
- By fiscal year, Shares Outstanding (Entity) came in at 233.51 million in FY2024 (-5.5%), 247.16 million in FY2023 (-2.5%), 253.54 million in FY2022 (-3.0%) and 261.37 million in FY2021 (-5.0%).
- The fiscal Q2 2026 figure ranks as the lowest quarterly Shares Outstanding (Entity) since fiscal Q4 2017.
- Year over year, Shares Outstanding (Entity) has now declined in each of the last 20 quarters, with an average decline of 6.2% over the last eight quarters.
- Across the past five years, year-over-year decline in Shares Outstanding (Entity) ran from 1.0% in fiscal Q2 2023 to 7.6% in fiscal Q4 2025.
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at 215.24 million (Q1 2026), 215.77 million (Q4 2025) and 223.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 280.73 Mn |
| 2 | Pultegroup | 22.22 Bn | 15.51 Bn | 1.06 Bn | 187.45 Mn |
| 3 | Lennar | 17.48 Bn | 6.90 Bn | 807.31 Mn | 210.51 Mn |
| 4 | Nvr | 16.60 Bn | 9.88 Bn | 485.14 Mn | 2.66 Mn |
| 5 | Toll Brothers | 12.52 Bn | 7.91 Bn | 625.22 Mn | 92.15 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 93.43 Mn |
| 7 | Champion Homes | 4.79 Bn | 2.27 Bn | - | - |
| 8 | Cavco Industries | 4.30 Bn | 3.05 Bn | - | 7.74 Mn |
| 9 | Meritage Homes | 4.17 Bn | 1.09 Bn | 513.60 Mn | 65.17 Mn |
| 10 | M | 3.44 Bn | 510.26 Mn | 235.50 Mn | 25.28 Mn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 210.51 Mn |
| Feb 28, 2026 | 215.24 Mn |
| Nov 30, 2025 | 215.77 Mn |
| Aug 31, 2025 | 223.80 Mn |
| May 31, 2025 | 227.60 Mn |
| Feb 28, 2025 | 232.18 Mn |
| Nov 30, 2024 | 233.51 Mn |
| Aug 31, 2024 | 238.81 Mn |
| May 31, 2024 | 241.70 Mn |
| Feb 29, 2024 | 245.04 Mn |
| Nov 30, 2023 | 247.16 Mn |
| Aug 31, 2023 | 250.15 Mn |
| May 31, 2023 | 252.53 Mn |
| Feb 28, 2023 | 253.77 Mn |
| Nov 30, 2022 | 253.54 Mn |
| Aug 31, 2022 | 254.77 Mn |
| May 31, 2022 | 254.99 Mn |
| Feb 28, 2022 | 258.62 Mn |
| Nov 30, 2021 | 261.37 Mn |
| Aug 31, 2021 | 271.85 Mn |
Lennar Shares Outstanding (Entity) 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-entity&ticker=LEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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-entity&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();