Lennar Corp /new/
Lennar Corp /new/ (LEN) is listed on NYSE and classified in Residential Construction, part of the Consumer Cyclical sector. It is headquartered in Miami, United States and has 12,532 employees. The company is worth $20.09B and trades at 16.0x its earnings of the last twelve months; the median for its sector is 17.7x. Revenue was $34.19B in fiscal 2025, down 3.5% from the year before. Net income was $2.08B. The share price is 36.9% below its 52-week high of $133.76. It pays a dividend yielding 2.37%. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Warren Buffett (Berkshire Hathaway), at $1.19B. In that quarter, 3 of them opened or added to the position and 4 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Articles on this site that cover Lennar Corp /new/.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -24.2% over 5Y.
today you would have $860.80▼ -13.9%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $102.80 | $132.01 | $144.28 | $87.61 | $112.45 | $73.79 | $54.01 | $37.90 | $61.22 | $40.86 | $46.56 | $42.65 | $37.66 | $36.81 | $18.70 | $17.85 | $12.16 | $8.25 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 1.0% a year plus a 2.4% dividend yield. Growth capped at 25%.
Median P/E of 17.7 among peers in the sector.
Median P/E of 11.7 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Consumer Cyclical, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| LEN.BLennar Corp /new/ | $84.13 | 15.9x | 0.9x | 2.38% | 5.96% | $20.01B |
| BBYBest Buy Co Inc | $99.83 | 15.7x | 6.6x | 3.85% | 43.13% | $20.94B |
| AMCRAmcor plc | $46.28 | 19.4x | 1.8x | 5.62% | 9.40% | $21.38B |
| PKGPackaging Corp of America | $248.92 |
| P/E | 11.7x | 12.9x | 9.2x | 10.5x | 5.6x | 8.1x | 9.7x | 9.7x | 7.2x | 18.7x | 10.9x | 14.2x | 16.0x | 18.4x | 12.4x | 40.9x | 36.8x | — | — |
| P/S | 1.2x | 0.8x | 1.0x | 1.2x | 0.8x | 1.3x | 1.0x | 0.8x | 0.6x | 1.2x | 0.9x | 1.2x | 1.3x | 1.5x | 2.1x | 1.2x | 1.2x | 0.0x | — |
| P/B | 1.4x | 1.2x | 1.3x | 1.5x | 1.1x | 1.7x | 1.3x | 1.1x | 0.8x | 1.9x | 1.4x | 2.0x | 2.1x | 2.1x | 2.5x | 1.4x | 1.4x | 0.0x | — |
| EPS | $7.98 | $14.31 | $13.73 | $15.72 | $13.81 | $7.60 | $5.56 | $5.27 | $3.27 | $3.74 | $3.28 | $2.67 | $2.05 | $2.96 | $0.46 | $0.49 | -$2.33 | -$6.67 |
| Dividend yield | 0.82% | 1.95% | 1.47% | 1.01% | 1.66% | 0.86% | 0.82% | 0.29% | 0.41% | 0.25% | 0.37% | 0.33% | 0.36% | 0.40% | 0.41% | 0.81% | 0.85% | 1.25% | 6.00% |
| Payout | 7.22% | 25.06% | 13.53% | 10.58% | 9.24% | 7.01% | 7.96% | 2.79% | 2.94% | 4.65% | 4.08% | 4.64% | 5.71% | 7.44% | 5.14% | 33.33% | 31.37% | — | — |
| Profit margin | 8.28% | 6.08% | 11.10% | 11.50% | 13.70% | 16.33% | 10.96% | 8.31% | 8.24% | 6.41% | 8.33% | 8.47% | 8.21% | 8.08% | 16.54% | 2.98% | 3.10% | -13.37% | -24.24% |
| ROE | 12.30% | 9.46% | 14.11% | 14.82% | 19.15% | 21.28% | 13.70% | 11.59% | 11.63% | 10.30% | 12.98% | 14.21% | 13.24% | 11.51% | 19.89% | 3.42% | 3.65% | -17.07% | -39.77% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 0.0% a year against a 10.9% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 2 families.
Room for errors in the reported numbers.
-48.2% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 32.4x |
| 4.8x |
| 2.41% |
| 14.89% |
| $22.18B |
| SWSmurfit Westrock plc | $42.43 | 44.7x | 1.2x | 4.27% | 2.71% | $22.26B |
| TSCOTractor Supply Co | $34.73 | 17.0x | 7.1x | 2.76% | 39.51% | $18.1B |