Lennar LEN Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Net margin | 5.4%-5.0pp | 6.1%-5.0pp | 7.7%-3.8pp | 9.2%-2.4pp | 10.4%-1.1pp | |
| Returns | ||||||
| Return on equity | 8%-7.1pp | 8.3%-6.1pp | 10.7%-5.1pp | 13.2%-2.8pp | 15.1%-0.8pp | |
| Return on invested capital | 9%-9.0pp | 8.2%-8.5pp | 12.2%-6.6pp | 14.8%-4.1pp | 18%-1.5pp | |
| Efficiency | ||||||
| Asset turnover | 1×0.0× | 0.9×0.0× | 0.9×0.0× | 1×0.0× | 1×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0.3×+0.1× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | -0.8×-0.4× | 0.8×+0.9× | -0.4×+0.3× | -0.3×+0.4× | -0.5×+0.5× | |
| Valuation | ||||||
| Market capitalization | $28.25B-10.7% | $32.43B-31.2% | $34.48B-30.8% | $28.51B-35.8% | $31.62B-28.0% | |
| Price / earnings | 15.8×+7.3× | 15.6×+3.6× | 12.8×+1.0× | 8.8×-2.0× | 8.5×-2.3× | |
| Price / sales | 0.9×0.0× | 0.9×-0.4× | 1×-0.4× | 0.8×-0.4× | 0.9×-0.4× | |
| Price / book | 1.3×-0.1× | 1.5×-0.2× | 1.5×-0.3× | 1.3×-0.4× | 1.4×-0.3× | |
| EV / EBITDA | 10.2×+4.4× | 11.8×+3.0× | 8.9×+0.7× | 6.1×-1.2× | 5.8×-1.3× | |
| Dividend yield | 1.8%+0.1pp | 1.6%+0.4pp | 1.5%+0.5pp | 1.9%+0.8pp | 1.7%+0.7pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Lennar's ratios come from?
- Every ratio is computed from Lennar's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
