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Lennar LEN EBITDA

Discontinued — last reported Q1 '26

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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.

$302.5Mebit+
$33.4MDepreciation Depletion & Amortization
=$335.84M

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 EBITDA?
Lennar (LEN) reported EBITDA of $335.84M in Q4 2025.
How has Lennar's EBITDA changed year-over-year?
Lennar's EBITDA decreased by 54.0% year-over-year, from $729.57M to $335.84M.
What is the long-term trend for Lennar's EBITDA?
Over 4 years (2021 to 2025), Lennar's EBITDA has grown at a -15.9% compound annual growth rate (CAGR), from $5.91B to $2.95B.
What does EBITDA mean?
Operating cash profit before interest, taxes, and non-cash charges.
How do you interpret EBITDA?
Higher is better and widely used to value capital-intensive businesses, but it ignores the real cost of capex — pair it with free cash flow. (Defined as EBIT + D&A so EBITDA = EBIT + D&A holds exactly.)
How does EBITDA compare across companies?
Standard cross-company operating-profit proxy for non-financials; not meaningful for banks and insurers.