Lennar (LEN) Tax Provisions (2009 - 2026)

Over the trailing twelve months to May 31, 2026, Lennar reported Tax Provisions of $550.13 million, down 46.9% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $705.56 million, down 42.0% from FY2024.

• Tax Provisions has declined in each of the last three fiscal years, though with a five-year compound annual growth rate of 1.5% (FY2020 to FY2025).
• Going back by fiscal year, Tax Provisions was $1.22 billion in FY2024 (-1.9%), $1.24 billion in FY2023 (-9.2%), $1.37 billion in FY2022 (+0.3%) and $1.36 billion in FY2021 (+107.6%).
• The five-year range for quarterly Tax Provisions is $69.09 million (fiscal Q1 2026) to $432.28 million (fiscal Q2 2022).
• Year-over-year, Tax Provisions has declined for eight consecutive quarters, with an average decline of 33.8% over the last eight quarters.
• The fastest year-over-year change in Tax Provisions over five years came in fiscal Q3 2021 (growth of 113.6%), and the weakest in fiscal Q1 2026 (a decline of 59.2%).
• Business Quant data shows LEN's Tax Provisions at $69.09 million (Q1 2026), $185.09 million (Q4 2025) and $190.89 million (Q3 2025) in the three fiscal quarters before Q2 2026.