Lennar LEN Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Net margin | 6.1%-5.0pp | 11.1%-0.4pp | 11.5%-2.2pp | 13.7%-2.6pp | |
| EBITDA margin | 8.6%-6.3pp | 15%-0.6pp | 15.5%-2.6pp | 18.1%-3.6pp | |
| Free cash flow margin | 0.1%-6.2pp | 6.3%-8.5pp | 14.8%+5.3pp | 9.5%+0.4pp | |
| Returns | |||||
| Return on equity | 8.3%-6.1pp | 14.4%-1.1pp | 15.5%-5.0pp | 20.5%-2.3pp | |
| Return on assets | 5.5%-4.3pp | 9.8%-0.4pp | 10.2%-2.8pp | 13%-1.1pp | |
| Return on invested capital | 8.2%-8.5pp | 16.7%-3.3pp | 20%-4.8pp | 24.8%+2.9pp | |
| Efficiency | |||||
| Asset turnover | 0.9×0.0× | 0.9×0.0× | 0.9×-0.1× | 0.9×+0.1× | |
| Leverage | |||||
| Debt-to-equity | 0.3×+0.1× | 0.2×+0.2× | 0×0.0× | 0×0.0× | |
| Debt-to-assets | 0.2×+0.1× | 0.1×+0.1× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | 0.8×+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 / earnings | 15.6×+3.6× | 12×+3.0× | 9×+3.5× | 5.5×-1.8× | |
| Price / sales | 0.9×-0.4× | 1.3×+0.3× | 1×+0.3× | 0.8×-0.4× | |
| Price / book | 1.5×-0.2× | 1.7×+0.4× | 1.3×+0.3× | 1.1×-0.5× | |
| EV / EBITDA | 11.8×+3.0× | 8.8×+3.3× | 5.5×+2.0× | 3.4×-1.6× | |
| EV / sales | 1×-0.3× | 1.3×+0.5× | 0.8×+0.2× | 0.6×-0.5× | |
| Free cash flow yield | 0.1%-4.7pp | 4.7%-9.6pp | 14.3%+1.8pp | 12.5%+5.0pp | |
| Earnings yield | 6.4%-1.9pp | 8.3%-2.8pp | 11.1%-6.9pp | 18%+4.4pp | |
| Dividend yield | 1.6%+0.4pp | 1.2%-0.1pp | 1.2%-0.5pp | 1.7%+0.8pp |
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.
