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Lennar LEN Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Net margin6.1%-5.0pp11.1%-0.4pp11.5%-2.2pp13.7%-2.6pp
EBITDA margin8.6%-6.3pp15%-0.6pp15.5%-2.6pp18.1%-3.6pp
Free cash flow margin0.1%-6.2pp6.3%-8.5pp14.8%+5.3pp9.5%+0.4pp
Returns
Return on equity8.3%-6.1pp14.4%-1.1pp15.5%-5.0pp20.5%-2.3pp
Return on assets5.5%-4.3pp9.8%-0.4pp10.2%-2.8pp13%-1.1pp
Return on invested capital8.2%-8.5pp16.7%-3.3pp20%-4.8pp24.8%+2.9pp
Efficiency
Asset turnover0.9×0.0×0.9×0.0×0.9×-0.1×0.9×+0.1×
Leverage
Debt-to-equity0.3×+0.1×0.2×+0.2×0.0×0.0×
Debt-to-assets0.2×+0.1×0.1×+0.1×0.0×0.0×
Net debt / EBITDA0.8×+0.9×-0.1×+1.1×-1.2×-0.4×-0.8×-0.3×
Valuation
Market capitalization$32.43B-31.2%$47.11B+33.0%$35.43B+38.5%$25.57B-21.3%
Enterprise value$34.74B-25.4%$46.58B+60.5%$29.01B+38.7%$20.92B-29.6%
Price / earnings15.6×+3.6×12×+3.0×+3.5×5.5×-1.8×
Price / sales0.9×-0.4×1.3×+0.3×+0.3×0.8×-0.4×
Price / book1.5×-0.2×1.7×+0.4×1.3×+0.3×1.1×-0.5×
EV / EBITDA11.8×+3.0×8.8×+3.3×5.5×+2.0×3.4×-1.6×
EV / sales-0.3×1.3×+0.5×0.8×+0.2×0.6×-0.5×
Free cash flow yield0.1%-4.7pp4.7%-9.6pp14.3%+1.8pp12.5%+5.0pp
Earnings yield6.4%-1.9pp8.3%-2.8pp11.1%-6.9pp18%+4.4pp
Dividend yield1.6%+0.4pp1.2%-0.1pp1.2%-0.5pp1.7%+0.8pp

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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.