Lennar annual ebitda
2008
2009
2010
2011
2012
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2014
2015
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2019
2020
2021
2022
2023
2024
2025
Lennar EBITDA Growth & History (LEN)
Lennar's calculated EBITDA was $2.80B for fiscal 2025.
View full Lennar company overviewLennar annual ebitda history
| Fiscal year | Period ended | EBITDA | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-11-30 | $2.80B | −$2.08B | −42.64% |
| 2024 | 2024-11-30 | $4.89B | −$591.4M | −10.80% |
| 2023 | 2023-11-30 | $5.48B | −$1.40B | −20.34% |
| 2022 | 2022-11-30 | $6.87B | $1.71B | +33.12% |
| 2021 | 2021-11-30 | $5.16B | $1.59B | +44.39% |
| 2020 | 2020-11-30 | $3.58B | $709.2M | +24.73% |
| 2019 | 2019-11-30 | $2.87B | $313.2M | +12.26% |
| 2018 | 2018-11-30 | $2.55B | $1.01B | +65.67% |
| 2017 | 2017-11-30 | $1.54B | −$71.4M | −4.43% |
| 2016 | 2016-11-30 | $1.61B | $143.7M | +9.78% |
| 2015 | 2015-11-30 | $1.47B | $284.0M | +23.96% |
| 2014 | 2014-11-30 | $1.19B | $327.1M | +38.11% |
| 2013 | 2013-11-30 | $858.4M | $480.8M | +127.36% |
| 2012 | 2012-11-30 | $377.5M | $162.8M | +75.82% |
| 2011 | 2011-11-30 | $214.7M | $12.6M | +6.21% |
| 2010 | 2010-11-30 | $202.2M | $825.1M | — |
| 2009 | 2009-11-30 | −$622.9M | −$215.7M | — |
| 2008 | 2008-11-30 | −$407.2M | — | — |
Lennar quarterly ebitda
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | EBITDA | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-05-31 | $433.6M | −$228.7M | −34.53% |
| Q1 2026 | 2026-02-28 | $249.6M | −$477.6M | −65.68% |
| Q4 2025 | 2025-11-30 | $678.9M | −$715.4M | −51.31% |
| Q3 2025 | 2025-08-31 | $733.8M | −$581.6M | −44.22% |
| Q2 2025 | 2025-05-31 | $662.3M | −$585.0M | −46.90% |
| Q1 2025 | 2025-02-28 | $727.2M | −$201.1M | −21.66% |
| Q4 2024 | 2024-11-30 | $1.39B | −$521.4M | −27.22% |
| Q3 2024 | 2024-08-31 | $1.32B | −$192.4M | −12.76% |
| Q2 2024 | 2024-05-31 | $1.25B | $30.7M | +2.53% |
| Q1 2024 | 2024-02-29 | $928.2M | $91.7M | +10.96% |
| Q4 2023 | 2023-11-30 | $1.92B | — | — |
| Q3 2023 | 2023-08-31 | $1.51B | −$453.3M | −23.11% |
| Q2 2023 | 2023-05-31 | $1.22B | −$655.0M | −35.00% |
| Q1 2023 | 2023-02-28 | $836.6M | $13.6M | +1.65% |
| Q3 2022 | 2022-08-31 | $1.96B | $15.5M | +0.80% |
| Q2 2022 | 2022-05-31 | $1.87B | $647.1M | +52.84% |
| Q1 2022 | 2022-02-28 | $823.0M | −$649.2M | −44.10% |
| Q4 2021 | 2021-11-30 | $522.1M | −$763.8M | −59.40% |
| Q3 2021 | 2021-08-31 | $1.95B | $969.6M | +99.35% |
| Q2 2021 | 2021-05-31 | $1.22B | $440.4M | +56.17% |
| Q1 2021 | 2021-02-28 | $1.47B | $941.4M | +177.35% |
| Q4 2020 | 2020-11-30 | $1.29B | $275.8M | +27.30% |
| Q3 2020 | 2020-08-31 | $976.0M | $193.4M | +24.72% |
| Q2 2020 | 2020-05-31 | $784.1M | $125.9M | +19.14% |
| Q1 2020 | 2020-02-29 | $530.8M | $114.0M | +27.35% |
| Q4 2019 | 2019-11-30 | $1.01B | −$251.4M | −19.93% |
| Q3 2019 | 2019-08-31 | $782.5M | $191.3M | +32.36% |
| Q2 2019 | 2019-05-31 | $658.1M | $245.5M | +59.48% |
| Q1 2019 | 2019-02-28 | $416.8M | $127.8M | +44.23% |
| Q4 2018 | 2018-11-30 | $1.26B | $694.5M | +122.50% |
| Q3 2018 | 2018-08-31 | $591.2M | $132.5M | +28.88% |
| Q2 2018 | 2018-05-31 | $412.7M | $18.6M | +4.73% |
| Q1 2018 | 2018-02-28 | $289.0M | $166.9M | +136.72% |
| Q4 2017 | 2017-11-30 | $567.0M | $23.2M | +4.27% |
| Q3 2017 | 2017-08-31 | $458.7M | $45.0M | +10.87% |
| Q2 2017 | 2017-05-31 | $394.0M | −$2.3M | −0.57% |
| Q1 2017 | 2017-02-28 | $122.1M | −$137.4M | −52.94% |
| Q4 2016 | 2016-11-30 | $543.7M | $32.1M | +6.28% |
| Q3 2016 | 2016-08-31 | $413.8M | $25.1M | +6.45% |
| Q2 2016 | 2016-05-31 | $396.3M | $55.7M | +16.35% |
| Q1 2016 | 2016-02-29 | $259.4M | $30.8M | +13.49% |
| Q4 2015 | 2015-11-30 | $511.6M | $64.6M | +14.46% |
| Q3 2015 | 2015-08-31 | $388.7M | $72.8M | +23.04% |
| Q2 2015 | 2015-05-31 | $340.6M | $89.9M | +35.84% |
| Q1 2015 | 2015-02-28 | $228.6M | $56.8M | +33.04% |
| Q4 2014 | 2014-11-30 | $447.0M | $118.0M | +35.88% |
| Q3 2014 | 2014-08-31 | $315.9M | $81.0M | +34.48% |
| Q2 2014 | 2014-05-31 | $250.8M | $47.2M | +23.19% |
| Q1 2014 | 2014-02-28 | $171.8M | $80.9M | +88.98% |
| Q4 2013 | 2013-11-30 | $329.0M | $177.3M | +116.88% |
| Q3 2013 | 2013-08-31 | $234.9M | $136.1M | +137.78% |
| Q2 2013 | 2013-05-31 | $203.5M | $117.4M | +136.32% |
| Q1 2013 | 2013-02-28 | $90.9M | $50.0M | +122.17% |
| Q4 2012 | 2012-11-30 | $151.7M | $102.2M | +206.53% |
| Q3 2012 | 2012-08-31 | $98.8M | $47.3M | +91.75% |
| Q2 2012 | 2012-05-31 | $86.1M | $35.9M | +71.30% |
| Q1 2012 | 2012-02-29 | $40.9M | −$22.5M | −35.49% |
| Q4 2011 | 2011-11-30 | $49.5M | −$30.2M | −37.90% |
| Q3 2011 | 2011-08-31 | $51.5M | −$15.3M | −22.87% |
| Q2 2011 | 2011-05-31 | $50.3M | −$8.3M | −14.20% |
| Q1 2011 | 2011-02-28 | $63.4M | $66.4M | — |
| Q4 2010 | 2010-11-30 | $79.7M | — | — |
| Q3 2010 | 2010-08-31 | $66.8M | — | — |
| Q2 2010 | 2010-05-31 | $58.6M | — | — |
| Q1 2010 | 2010-02-28 | −$2.9M | — | — |
Lennar ebitda trends
Over the last five fiscal years, Lennar's ebitda decreased from $3.58B to $2.80B, a change of −$774.6M. The latest reported quarter, Q2 2026, shows $433.6M.
About the metric
What EBITDA means
EBITDA is a measure of operating performance before interest, taxes, depreciation, and amortization. It can help compare operating results, but it is not a substitute for cash flow or GAAP net income.
Calculation and source
How TickerStat calculates EBITDA
TickerStat calculates EBITDA as operating income plus reported depreciation and amortization for aligned fiscal periods. It is calculated data, not adjusted EBITDA or company guidance. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Lennar source filings ↗Community posts
Lennar cuts delivery target as quarterly earnings fall
Lennar ($LEN) lowered its fiscal-year home-delivery target to 80,000–81,000 from 82,000–83,000 after a weaker third quarter. Net earnings fell to $284 million, or $1.19 per share, from $591 million, or $2.29 per share, a year earlier. Reven ...
