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Discontinued — last reported Q1 '26

EBIT at other companies

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Toll BrothersTOL
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Equity ResidentialEQR
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Lowe's CompaniesLOW
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Mid-America Apartment CommunitiesMAA
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Ladder CapitalLADR

Other financials

Income statement

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Revenue$6.6B-13.3%
Net income$229.4M-55.8%
EPS (diluted)$2.57+24.8%

Balance sheet

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Cash & equivalents$2.4B-7.5%
Total debt$249.9M-2.4%
Total equity$21.9B-3.7%
Total assets$33.2B-5.1%

Cash flow

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Operating cash flow-$433.5M-50.0%
CapEx$30.0M-46.5%
Free cash flow-$463.5M-34.3%

Valuation

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Market cap$22.1B-10.7%
Enterprise value$19.96B-10.9%
P/E12.4×+5.7×
P/S0.7×0.0×

Profitability

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Net margin5.4%-5.0pp
FCF margin-0.3%-4.7pp

Returns & leverage

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Return on equity8%-7.1pp
Debt / equity0.0×

Where this comes from

Calculated from Lennar’s reported figures.

The official record: Lennar’s 10-Q, filed April 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lennar's EBIT?
Lennar (LEN) reported EBIT of $302.45M in Q4 2025.
How has Lennar's EBIT changed year-over-year?
Lennar's EBIT decreased by 56.7% year-over-year, from $698.24M to $302.45M.
What is the long-term trend for Lennar's EBIT?
Over 4 years (2021 to 2025), Lennar's EBIT has grown at a -16.6% compound annual growth rate (CAGR), from $5.82B to $2.81B.
What does EBIT mean?
Profit before interest and taxes — the business's core earning power.
How do you interpret EBIT?
Higher is better. Because it adds back interest, EBIT compares earning power across firms with very different debt loads — the base for interest coverage and the EV/EBIT multiple. For filers reporting operating income it equals that line, excluding non-operating swings.
How does EBIT compare across companies?
Comparable across companies regardless of leverage or tax domicile; the standard 'earning power' line for cross-company analysis. Least meaningful for banks and insurers.