Lennar Corporation is an American home construction company based in Miami-Dade County, Florida. As of 2025, it is the second-largest home construction company in the United States based on the number of homes sold. Lennar has investments in multifamily and single-family residential rental properties, luxury development, property technology with LenX, and mortgage lending from Lennar Mortgage.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| LEN | LENNAR CORP /NEW/ | 2026-02-18 02:55:58 | 120.82 | -0.62 | -0.51 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LEN | 0000920760 | LENNAR CORP /NEW/ | US5260571048 | 529900G61XVRLX5TJX09 | 954337490 | NYSE | 1520 | General Bldg Contractors - Residential Bldgs | 1130 | DE | 5505 WATERFORD DISTRICT DRIVE | MIAMI | FL | 33126 | UNITED STATES | US | 3055594000 | 5505 WATERFORD DISTRICT DRIVE, MIAMI, FL, 33126 | 5505 WATERFORD DISTRICT DRIVE, MIAMI, FL, 33126 | PACIFIC GREYSTONE CORP /DE/ | Home construction | 1954 | Stuart Miller | 12,532 | http://lennar.com | 24,643,058,075 | — | — | Lennar Corporation is an American home construction company based in Miami-Dade County, Florida. As of 2025, it is the second-largest home construction company in the United States based on the number of homes sold. Lennar has investments in multifamily and single-family residential rental properties, luxury development, property technology with LenX, and mortgage lending from Lennar Mortgage. | 2026-02-12 15:38:22 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 24,643,058,075 | -15,034,321,370 | -37.8914 | — | — | — |
| 2024 | 39,677,379,445 | 11,864,337,561 | 42.6575 | — | — | — |
| 2023 | 27,813,041,884 | 6,804,693,217 | 32.3904 | — | — | — |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Diane Bessette | Chief Financial Officer, Vice President | 2024 | 750,000 | 0 | 3,267,906 | 3,000,000 | 38,866 | 7,056,772 |
| Mark Sustana | Secretary, General Counsel, Vice President | 2024 | 500,000 | 0 | 1,550,259 | 1,400,000 | 18,117 | 3,468,376 |
| Stuart Miller | Co-Chief Executive Officer, Executive Chairman | 2024 | 1,000,000 | 0 | 26,699,567 | 1,828,992 | 18,117 | 29,546,675 |
| Jonathan M. Jaffe | Co-Chief Executive Officer, President | 2024 | 800,000 | 0 | 23,374,974 | 872,946 | 38,886 | 25,086,806 |
| David Collins | Controller, Vice President | 2024 | 325,000 | 50,000 | 950,471 | 900,000 | 18,117 | 2,243,588 |
| Fiscal Year | Employee Count |
|---|---|
| 2025 | 13,265 |
| 2024 | 13,265 |
| 2023 | 12,284 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 34,186,934,000 | 35,441,452,000 | 34,233,366,000 |
| Cost Of Revenue | 29,284,622,000 | 28,809,464,000 | 27,223,645,000 |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | 636,718,000 | 648,986,000 | 501,338,000 |
| Operating Expenses | 31,519,110,000 | 30,671,689,000 | 28,866,807,000 |
| Operating Income | — | 5,342,252,000 | 5,527,707,000 |
| Net Income | 2,078,179,000 | 3,932,533,000 | 3,938,511,000 |
| Earnings Per Share Basic | 7.98 | 14.31 | 13.73 |
| Earnings Per Share Diluted | — | 14.31 | 13.73 |
| Weighted Average Shares Outstanding Basic | 257,746,000 | 272,019,000 | 283,319,000 |
| Weighted Average Shares Outstanding Diluted | — | 272,019,000 | 283,319,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 3,756,305,000 | 4,990,210,000 | 6,570,938,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 1,470,862,000 | 1,053,211,000 | 887,992,000 |
| Inventories | — | — | — |
| Non Trade Receivables | — | — | — |
| Other Assets Current | — | — | — |
| Total Assets Current | — | — | — |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 642,838,000 | 516,198,000 | 404,789,000 |
| Other Assets Non Current | — | — | — |
| Total Assets Non Current | — | — | — |
| Total Assets | 34,430,437,000 | 41,312,781,000 | 39,234,303,000 |
| Accounts Payable | 1,812,484,000 | 1,839,440,000 | 1,631,401,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 1,653,484,000 | 1,776,045,000 | 2,020,187,000 |
| Other Liabilities Current | — | — | — |
| Total Liabilities Current | — | — | — |
| Long Term Debt | 5,874,995,000 | 2,258,283,000 | 2,816,482,000 |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | 12,289,828,000 | 13,291,556,000 | 12,532,337,000 |
| Common Stock | 26,158,000 | 25,998,000 | 25,848,000 |
| Retained Earnings | 22,471,471,000 | 25,753,078,000 | 22,369,368,000 |
| Accumulated Other Comprehensive Income | 6,011,000 | 7,529,000 | 4,879,000 |
| Total Shareholders Equity | 21,959,417,000 | 27,870,135,000 | 26,580,664,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 134,310,000 | 115,528,000 | 110,164,000 |
| Share Based Compensation Expense | 163,494,000 | 176,676,000 | 160,720,000 |
| Other Non Cash Income Expense | 77,737,000 | 38,837,000 | 7,015,000 |
| Change In Accounts Receivable | -66,764,000 | 129,212,000 | 329,191,000 |
| Change In Inventories | 150,921,000 | 285,095,000 | -2,274,083,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | 186,071,000 | 113,276,000 | 85,005,000 |
| Change In Accounts Payable | -690,751,000 | 380,380,000 | -625,862,000 |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | 216,812,000 | 2,403,379,000 | 5,179,738,000 |
| Purchases Of Marketable Securities | 3,456,000 | 4,519,000 | 8,000,000 |
| Sales Of Marketable Securities | 4,255,000 | 7,224,000 | 4,673,000 |
| Acquisition Of Property Plant And Equipment | 188,629,000 | 171,503,000 | 99,799,000 |
| Acquisition Of Business | 254,492,000 | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | 221,568,000 | -302,557,000 | -176,981,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 457,934,000 | 482,950,000 | 378,080,000 |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 1,808,369,000 | 2,256,464,000 | 1,182,711,000 |
| Issuance Of Long Term Debt | 700,000,000 | — | — |
| Repayment Of Long Term Debt | 140,648,000 | — | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -1,597,856,000 | -3,681,550,000 | -3,247,589,000 |
| Change In Cash | -1,159,476,000 | -1,580,728,000 | 1,755,168,000 |
| Cash At End Of Period | 3,756,305,000 | 4,990,210,000 | 6,570,938,000 |
| Income Taxes Paid | 988,544,000 | 790,476,000 | 1,864,941,000 |
| Interest Paid | 50,137,000 | 54,921,000 | 81,223,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | 7.98 | 14.31 | 13.73 |
| Price To Earnings Ratio | 16.3195 | 11.7104 | 8.9528 |
| Earnings Growth Rate | -44.2348 | 4.2243 | -12.77 |
| Price Earnings To Growth Ratio | -0.3689 | 2.7721 | -0.7011 |
| Book Value Per Share | 85.9009 | 103.012 | 94.247 |
| Price To Book Ratio | 1.516 | 1.6268 | 1.3043 |
| Ebitda | 3,385,633,000 | 5,018,529,000 | 6,171,509,000 |
| Enterprise Value | 37,338,435,580 | 44,628,109,953.5 | 33,091,897,449.9 |
| Dividend Yield | 0.0136 | 0.0106 | 0.0109 |
| Dividend Payout Ratio | 0.2204 | 0.1228 | 0.096 |
| Debt To Equity Ratio | 0.3428 | 0.1448 | 0.182 |
| Capital Expenditures | 260,950,000 | 226,937,000 | 159,858,000 |
| Free Cash Flow | -44,138,000 | 2,176,442,000 | 5,019,880,000 |
| Return On Equity | 0.0946 | 0.1411 | 0.1482 |
| One Year Beta | 0.6574 | 0.8938 | 1.0686 |
| Three Year Beta | 0.8145 | 1.1959 | 1.2492 |
| Five Year Beta | 1.0564 | 1.2512 | 1.2211 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Lee Martin Katherine | Chief Legal Officer/Secretary | 2026-01-20 | 8,683 | A | 50,883 |
| Lee Martin Katherine | Chief Legal Officer/Secretary | 2026-01-20 | 8,683 | A | 59,566 |
| Collins David M | VP & Controller | 2026-01-20 | 8,687 | A | 52,630 |
| BESSETTE DIANE J | VP & Chief Financial Officer | 2026-01-20 | 20,625 | A | 325,114 |
| BESSETTE DIANE J | VP & Chief Financial Officer | 2026-01-20 | 20,625 | A | 345,739 |
| Name Of Reporting Person | Type Of Reporting Person | Report Date | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Dean Heller | Senator | 2018-12-19 | Sale (Full) | 2018-12-06 | Spouse | $1,001 - $15,000 |
| Dean Heller | Senator | 2018-07-03 | Purchase | 2018-06-18 | Spouse | $1,001 - $15,000 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Gilbert Cisneros | 2026-02-13 | CA31 | Sale | 2026-01-09 | — | $1,001 - $15,000 |
| Gilbert Cisneros | 2026-01-12 | CA31 | Sale (Partial) | 2025-12-19 | — | $1,001 - $15,000 |
| Gilbert Cisneros | 2025-12-15 | CA31 | Purchase | 2025-11-18 | — | $1,001 - $15,000 |
| Valerie Hoyle | 2025-10-10 | OR04 | Sale | 2025-09-23 | Spouse | $1,001 - $15,000 |
| Valerie Hoyle | 2025-09-12 | OR04 | Purchase | 2025-06-26 | Spouse | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| GERMAN AMERICAN BANCORP, INC. | 2025-12-31 | 280,746 | 2,731 | 102.7997 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 2025-12-31 | 7,148,609 | 69,539 | 102.8 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 2025-12-31 | 34,407,468 | 334,703 | 102.8 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 2025-12-31 | 33,644,000 | 327,267 | 102.8029 |
| OSAIC HOLDINGS, INC. | 2025-12-31 | 4,730,053 | 45,997 | 102.8339 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| EMPOWER FUNDS, INC. | 2025-12-31 | Institutional Class | MXKWX | 36,127 | 3,713,855.61 | 0.0402 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Investor Class | MXVIX | 36,127 | 3,713,855.61 | 0.0402 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Institutional Class | MXIUX | 170,000 | 171,362.67 | 0.0232 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Investor Class | MXFDX | 170,000 | 171,362.67 | 0.0232 |
| EMPOWER FUNDS, INC. | 2025-12-31 | Investor Class | MXIHX | 310,000 | 312,484.88 | 0.0613 |