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Companies / Consumer Discretionary
LEN

Lennar

Homebuilding

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Business at a glance

Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work

Operating health40
Growth20
Profitability37
Cash generation10
Balance sheet33
Dilution control100
Key ratios and five-year financials
Latest quarter revenue YoY (2026-08-31)-8.7%Revenue growth (FY)-3.5%Revenue CAGR (3y)0.5%Gross margin—Operating margin—Net margin6.1%Free cash flow margin0.1%R&D / revenue—Stock comp / revenue0.5%Net debt / operating cash flow9.77xCurrent ratio—Diluted share count change—
Fiscal year endingFY 2021-11FY 2022-11FY 2023-11FY 2024-11FY 2025-11
Revenue$27.1B$33.7B$34.2B$35.4B$34.2B
Net income$4.4B$4.6B$3.9B$3.9B$2.1B
Operating cash flow$2.5B$3.3B$5.2B$2.4B$217M
Capital expenditure$65M$57M$100M$172M$189M
Free cash flow$2.5B$3.2B$5.1B$2.2B$28M
Stock-based comp$135M$184M$161M$177M$163M
Buybacks$1.4B$1.0B$1.2B$2.3B$1.8B
Dividends$310M$438M$431M$549M$521M
Cash$3.0B$4.8B$6.6B$4.9B$3.8B
Total debt———$4.2B$5.9B
Equity$20.8B$24.1B$26.6B$27.9B$22.0B

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