The Tip Desk

LENNAR CORP /NEW/

Company Stats

Market Cap
$19.6B
as of Sep 30, 2026
Shares Outstanding
240.9M
Free Float
55.8%

Income Statement

Revenue
$34.2B
Net Income
$2.1B
Non-cash Impairment
$23.2M
Revenue Growth, 3Y
0.5%
FCF Margin, 3Y Avg
7.1%
FCF Margin, Worst Year
0.1%

Cash Flow

Free Cash Flow
$28.2M
FCF Yield
0.1%
Owner FCF Yield
-0.7%

Balance Sheet

Cash & Equivalents
$3.8B

Returns & Capital

Dividends Paid
$521.0M
Dividend Yield
2.7%
Dividend Payout, 3Y Avg
16.7%
Share Repurchases
$1.8B
Buyback Yield, 3Y Avg
8.9%
SBC, 3Y Avg
$167.0M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$34.2B$28.2M0.1%
FY2024$35.4B$2.2B6.3%
FY2023$34.2B$5.1B14.8%
FY2022$33.7B$3.2B9.5%
FY2021$27.1B$2.5B9.1%

Annual filing data through FY ended November 30, 2025; shares and float as of October 9, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage