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Lennar LEN EV / EBITDA

EV / EBITDA at other companies

D.R. Horton logo
D.R. HortonDHI
8.7×+2.2×
Equity Residential logo
Equity ResidentialEQR
9.7×-2.1×
Ladder Capital logo
Ladder CapitalLADR
4.4×+1.6×
AvalonBay Communities logo
AvalonBay CommunitiesAVB
11.5×-2.4×
Lowe's Companies logo
Lowe's CompaniesLOW
13.9×+1.2×
MFA Financial logo
MFA FinancialMFA
1.1×-0.2×

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 the most recent quarter.

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 EV / EBITDA?
Lennar (LEN) reported EV / EBITDA of 10.2× in Q4 2025.
How has Lennar's EV / EBITDA changed year-over-year?
Lennar's EV / EBITDA increased by 76.9% year-over-year, from 5.8× to 10.2×.
What is the long-term trend for Lennar's EV / EBITDA?
Over 4 years (2021 to 2025), Lennar's EV / EBITDA has grown at a 5.0% compound annual growth rate (CAGR), from 26.8× to 32.6×.
What does EV / EBITDA mean?
What the whole business (debt included) costs relative to its operating cash earnings.
How do you interpret EV / EBITDA?
Lets you compare companies with different leverage and tax positions on a like-for-like basis — the standard multiple in M&A. Lower can mean cheaper, subject to growth and capital intensity.
How does EV / EBITDA compare across companies?
Broadly comparable across non-financial sectors; not used for banks and insurers, where EBITDA is not meaningful.