# Lennar Corporation (LEN) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Construction & Engineering. Price $83.58, market value $20.1 billion.

## Valuation
- **P/E (trailing): 13.1×** (5-yr avg 9.6×, 3-yr avg 12.1×). Lennar Corporation trades at 13.1× trailing earnings, well above its own five-year average of 9.6×: investors are paying up relative to the company's past. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 12.9×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 0.6×**. Each dollar of revenue is priced at 0.6×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 3.6%** (5-yr avg 8.5%). Free cash flow equals 3.6% of the market value, below its five-year average of 8.5%, so the shares are pricier on cash than usual.
- **Earnings yield: 7.6%**. The inverse of the P/E: 7.6% of the price is earned each year.

## Profitability
- **Net margin: 6.1%**. 6.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.5%**. 9.5% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 4.7%**. Each dollar of assets produces 4.7% of profit.

## Growth
- **Revenue growth (1 yr): -3.5%** (3-yr 0.5%/yr, 5-yr 8.7%/yr). Revenue fell 3.5% over the last year, against 8.7% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -44.2%** (3-yr -20.2%/yr, 5-yr 0.3%/yr). Earnings per share fell 44.2%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -79.4%/yr**. Free cash flow has compounded at -79.4% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.27**. Debt is 0.27 times equity: a conservative balance sheet.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.39%** ($2.00 per share, trailing). Lennar Corporation yields 2.39%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 25%** (70% of free cash flow). 25% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 16**. 16 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 27.0%/yr** (1-yr 3.3%). The dividend has compounded at 27.0% a year over five years, doubling roughly every 3 years at that pace.

## Analyst view
- **Analyst consensus: hold** (13 analysts). 13 analysts cover Lennar Corporation; the consensus is hold, with an average price target of $86.23 (+3% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -38.2%** (YTD -17.4%, 3-mo -7.1%). The shares are down 38.2% over twelve months including dividends.
- **From 52-week high: -41.1%** (4.7% above the low). Trading 41% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 45**. An RSI of 45 is neutral.
- **Beta (1 yr): 0.97** (volatility 37%). Beta of 0.97 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=LEN · Page: https://foliofundamentals.com/stocks/len

Not investment advice.