Lennar's revenue has contracted for six consecutive quarters, with Q3 2026 revenue of $8.0 billion down 8.7% year-over-year, suggesting persistent demand headwinds despite its Everything's Included model. Margin compression appears significant, as gross margin...
Price trend, volume and key moving averages
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Lennar's Q3 2026 revenue of $8.0 billion, down 8.7% year-over-year, and operating margin of 5.7% suggest sustained contraction and margin pressure from reliance on sales incentives, with EPS declining 48% year-over-year to $1.19.
Lennar is the leading homebuilder of new homes in the nation's most desirable real estate markets, offering everything included in their homes.
Lennar has investments in multifamily and single-family rental properties, luxury development, and property technology through LenX, alongside financial services.
Lennar's affiliated lender provides a streamlined experience for new construction homes, having helped over 56,000 families in 2025 alone.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Sep 16, 2026 | $1.23-3.9% vs $1.28 | $8.0B-3.8% vs $8.3B |
Q3 2026 Jun 11, 2026 | $1.24+0.0% vs $1.24 | $7.9B-1.8% vs $8.1B |
Q2 2026 Mar 12, 2026 | $0.93-2.4% vs $0.95 | $6.6B-3.2% vs $6.8B |
Q1 2026 Jan 28, 2026 | $1.94 vs — | $9.4B vs — |
Berkshire Hathaway has built almost a 10% stake in Lennar, a Miami-based homebuilder, according to a securities filing. The conglomerate has a long history of taking stakes in homebuilders.
The Nasdaq 100 carved out a fresh intraday record by midday Tuesday as the artificial intelligence trade powered ahead.
The Fed's latest rate hike looks straightforward on the surface: inflation remains a problem, so policymakers are keeping pressure on the economy. There is reason to believe the FOMC remains behind the curve, as it has been since inflation reared its ugly head.
Lennar Corporation endured a weak Q3, with revenue at $8.05B, EPS down 48% YoY, and guidance for home deliveries cut. LEN is trading at 0.85x book value, well below historical averages, despite active share buybacks and a shift to an asset-light model. Management is sacrificing margins—gross margin fell to 15.8%—to sustain volume, using incentives and cost controls to keep inventory moving.
Benchmark LEN against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Lennar Corporation (LEN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $83.06 | $20.62B | 10.41 | -3.54% | 6.08% | 8.29% | 2.43% | |
| $144.11 | $40.31B | 12.46 | -6.93% | 9.15% | 12.47% | — | |
| $122.29 | $23.6B | 11.00 | -3.54% | 11.62% | 14.73% | — | |
| $6338.92 | $17.11B | 14.52 | -2.08% | 12.11% | 31.02% | — | |
| $137.57 | $12.86B | 10.20 | 1.11% | 11.14% | 14.21% | — | |
| $142.67 | $3.68B | 9.68 | -1.93% | 7.44% | 9.97% | — |
Lennar Corporation (LEN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Lennar Corporation (LEN) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jun 12, 2026·SEC
Jun 11, 2026·SEC
Jun 8, 2026·SEC
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Lennar Corporation (LEN) stock FAQ — growth, dividends, profitability & financials explained
Lennar Corporation (LEN) reported $33.17B in revenue for fiscal year 2025. This represents a 3085% increase from $1.04B in 1996.
Lennar Corporation (LEN) saw revenue decline by 3.5% over the past year.
Yes, Lennar Corporation (LEN) is profitable, generating $1.79B in net income for fiscal year 2025 (6.1% net margin).
Yes, Lennar Corporation (LEN) pays a dividend with a yield of 2.43%. This makes it attractive for income-focused investors.
Lennar Corporation (LEN) has a return on equity (ROE) of 8.3%. This is below average, suggesting room for improvement.
Lennar Corporation (LEN) generated $14.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
