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Lennar LEN Price / earnings

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12.5×+3.2×
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23.4×-3.9×
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22.7×+8.6×

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$21.3B-10.7%
Enterprise value$19.15B-10.9%
P/S0.6×0.0×

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 price / earnings?
Lennar (LEN) reported price / earnings of 15.8× in Q4 2025.
How has Lennar's price / earnings changed year-over-year?
Lennar's price / earnings increased by 86.5% year-over-year, from 8.5× to 15.8×.
What is the long-term trend for Lennar's price / earnings?
Over 4 years (2021 to 2025), Lennar's price / earnings has grown at a 8.6% compound annual growth rate (CAGR), from 32.8× to 45.7×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.