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Lennar LEN EBITDA margin

EBITDA margin at other companies

D.R. Horton logo
D.R. HortonDHI
13%-3.4pp
Equity Residential logo
Equity ResidentialEQR
74.2%-2.9pp
Ladder Capital logo
Ladder CapitalLADR
262.7%-90.9pp
AvalonBay Communities logo
AvalonBay CommunitiesAVB
93.1%-2.2pp
Lowe's Companies logo
Lowe's CompaniesLOW
14.2%-0.6pp
MFA Financial logo
MFA FinancialMFA
87.3%-2.6pp

Other financials

Income statement

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Revenue$6.6B-13.3%
Net income$229.4M-55.9%

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

Returns & leverage

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

Where this comes from

Calculated from Lennar’s reported figures.

Based on trailing twelve months.

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 margin?
Lennar (LEN) reported EBITDA margin of 7.7% in Q4 2025.
How has Lennar's EBITDA margin changed year-over-year?
Lennar's EBITDA margin decreased by 45.7% year-over-year, from 14.2% to 7.7%.
What is the long-term trend for Lennar's EBITDA margin?
Over 4 years (2021 to 2025), Lennar's EBITDA margin has grown at a -12.8% compound annual growth rate (CAGR), from 79.6% to 46.1%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.