NYSE · GENERAL BLDG CONTRACTORS - RESIDENTIAL BLDGS · LARGE CAP
Lennar Corp. /new/ LEN
18 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$34.2B
▼ 3.5% vs FY2024
EPS · FY25
—
Dividend / sh · FY25
—
Payout · FY25
25%
ROE · FY25
8.3%
Net margin · FY25
6.1%
Dividend coverage
—
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Result
USD 34.2B
Revenue, FY2025 · full 18-year series below
Revenue
Net income
6 cents of every revenue dollar became profit this year.
Per share
—
Diluted EPS, FY2025
EPS
The company pays no cash dividend.
Profitability
8.3%
Return on equity, FY2025
ROE
Operating margin8.2%
Net margin6.1%
Return on assets5.5%
Each USD of equity produced 8 cents of profit this year.
Returned to shareholders
USD 2.3B
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 521.0M
Net buybacksUSD 1.8B
Share of profit112.1%
Consecutive raises—
USD 521.0M in dividends and USD 1.8B in buybacks — 112% of the year's profit, so the payout drew on cash built up earlier.
Growth
+8.7% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+0.5%
+8.7%
+13.7%
+17.4%
Net income
−23.3%
−3.4%
+10.0%
+22.8%
EPS, diluted
+0.1%
+20.0%
+17.7%
Returned to shareholders
+16.4%
+35.2%
+47.8%
+33.8%
Compound annual rates per period — left blank where the series crosses a loss.
Share base
—
Shares outstanding, FY2025
Change, 5 years—
Change, 10 years—
A share split breaks the comparison across the period, so we leave it out.
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Balance sheet
USD 34.4B
total assets, end of FY2025
Total assetsUSD 34.4B
EquityUSD 22.0B
CashUSD 3.8B
Gross debtUSD 5.9B
Net debtUSD 2.1B
Net debt stands at 10% of equity.
History
18 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Revenue $B
34.2
35.4
34.2
33.7
27.1
22.5
22.3
20.6
12.6
10.9
9.5
7.8
5.9
4.1
3.1
3.1
3.1
4.6
Operating income $B
2.8
5.2
5.2
6.0
5.8
3.1
2.4
2.5
1.5
1.6
1.4
1.1
0.8
0.3
0.2
0.2
−0.6
·
EBITDA $B
2.9
5.3
5.3
6.1
5.9
3.2
2.5
2.6
1.5
1.6
1.5
1.2
0.9
·
·
0.2
−0.6
·
Income tax $B
0.7
1.2
1.2
1.4
1.4
0.7
0.6
0.5
0.4
0.4
0.4
0.3
0.2
−0.4
−0.0
−0.0
−0.3
0.5
Net income $B
2.1
3.9
3.9
4.6
4.4
2.5
1.8
1.7
0.8
0.9
0.8
0.6
0.5
0.7
0.1
0.1
−0.4
−1.1
EPS, diluted $
·
14.31
13.73
15.72
14.27
7.85
5.74
5.44
3.38
3.86
3.39
2.80
2.15
3.11
0.48
0.51
−2.45
−7.01
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
25
14
11
9
7
8
3
3
5
4
4
5
6
4
32
31
−7
−8
ROE %
8.3
14.4
15.5
20.5
22.8
14.5
12.1
15.1
10.9
14.4
15.3
14.2
12.7
22.2
3.5
3.8
−17.1
·
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.
How we verifyAUDITED
34 of 34
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity
Every figure was compared against the original statement: 0 failures and 0 presentation gaps.
What we don’t show
We’d rather say what’s missing than fill the gap with an estimate.
P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed