Lennar annual return on equity
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Lennar Return on Equity (ROE) Growth & History (LEN)
Lennar's return on equity was 8.34% for fiscal 2025.
View full Lennar company overviewLennar annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-11-30 | 8.34% | −6.10 pp |
| 2024 | 2024-11-30 | 14.44% | −1.10 pp |
| 2023 | 2023-11-30 | 15.54% | −5.00 pp |
| 2022 | 2022-11-30 | 20.55% | −2.28 pp |
| 2021 | 2021-11-30 | 22.83% | +8.31 pp |
| 2020 | 2020-11-30 | 14.52% | +2.41 pp |
| 2019 | 2019-11-30 | 12.11% | −2.99 pp |
| 2018 | 2018-11-30 | 15.11% | +4.22 pp |
| 2017 | 2017-11-30 | 10.88% | −3.51 pp |
| 2016 | 2016-11-30 | 14.39% | −0.94 pp |
| 2015 | 2015-11-30 | 15.33% | +1.12 pp |
| 2014 | 2014-11-30 | 14.20% | +1.55 pp |
| 2013 | 2013-11-30 | 12.65% | −9.58 pp |
| 2012 | 2012-11-30 | 22.23% | +18.75 pp |
| 2011 | 2011-11-30 | 3.48% | −0.30 pp |
| 2010 | 2010-11-30 | 3.77% | +19.72 pp |
| 2009 | 2009-11-30 | −15.95% | — |
Lennar quarterly return on equity
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-05-31 | 1.40% | −0.71 pp |
| Q1 2026 | 2026-02-28 | 1.05% | −1.01 pp |
| Q4 2025 | 2025-11-30 | 2.20% | −1.76 pp |
| Q3 2025 | 2025-08-31 | 2.62% | −1.67 pp |
| Q2 2025 | 2025-05-31 | 2.11% | −1.46 pp |
| Q1 2025 | 2025-02-28 | 2.05% | −0.65 pp |
| Q4 2024 | 2024-11-30 | 3.97% | −1.25 pp |
| Q3 2024 | 2024-08-31 | 4.28% | −0.09 pp |
| Q2 2024 | 2024-05-31 | 3.57% | +0.04 pp |
| Q1 2024 | 2024-02-29 | 2.70% | +0.24 pp |
| Q4 2023 | 2023-11-30 | 5.21% | −0.41 pp |
| Q3 2023 | 2023-08-31 | 4.38% | −2.21 pp |
| Q2 2023 | 2023-05-31 | 3.53% | −2.72 pp |
| Q1 2023 | 2023-02-28 | 2.46% | +0.03 pp |
| Q4 2022 | 2022-11-30 | 5.62% | −0.12 pp |
| Q3 2022 | 2022-08-31 | 6.58% | −0.41 pp |
| Q2 2022 | 2022-05-31 | 6.25% | +1.93 pp |
| Q1 2022 | 2022-02-28 | 2.43% | −3.00 pp |
| Q4 2021 | 2021-11-30 | 5.74% | +0.72 pp |
| Q3 2021 | 2021-08-31 | 6.99% | +3.04 pp |
| Q2 2021 | 2021-05-31 | 4.32% | +1.15 pp |
| Q1 2021 | 2021-02-28 | 5.43% | +2.94 pp |
| Q4 2020 | 2020-11-30 | 5.02% | +0.71 pp |
| Q3 2020 | 2020-08-31 | 3.95% | +0.59 pp |
| Q2 2020 | 2020-05-31 | 3.18% | +0.36 pp |
| Q1 2020 | 2020-02-29 | 2.49% | +0.86 pp |
| Q4 2019 | 2019-11-30 | 4.31% | −1.26 pp |
| Q3 2019 | 2019-08-31 | 3.36% | +0.08 pp |
| Q2 2019 | 2019-05-31 | 2.81% | +0.49 pp |
| Q1 2019 | 2019-02-28 | 1.63% | +0.33 pp |
| Q4 2018 | 2018-11-30 | 5.56% | +1.55 pp |
| Q3 2018 | 2018-08-31 | 3.28% | −0.07 pp |
| Q2 2018 | 2018-05-31 | 2.33% | −0.63 pp |
| Q1 2018 | 2018-02-28 | 1.30% | +0.76 pp |
| Q4 2017 | 2017-11-30 | 4.01% | −0.61 pp |
| Q3 2017 | 2017-08-31 | 3.35% | −0.37 pp |
| Q2 2017 | 2017-05-31 | 2.96% | −0.70 pp |
| Q1 2017 | 2017-02-28 | 0.54% | −1.97 pp |
| Q4 2016 | 2016-11-30 | 4.62% | −0.50 pp |
| Q3 2016 | 2016-08-31 | 3.72% | −0.53 pp |
| Q2 2016 | 2016-05-31 | 3.66% | +0.03 pp |
| Q1 2016 | 2016-02-29 | 2.51% | +0.16 pp |
| Q4 2015 | 2015-11-30 | 5.12% | −0.10 pp |
| Q3 2015 | 2015-08-31 | 4.25% | +0.30 pp |
| Q2 2015 | 2015-05-31 | 3.63% | +0.45 pp |
| Q1 2015 | 2015-02-28 | 2.35% | +0.50 pp |
| Q4 2014 | 2014-11-30 | 5.21% | +1.05 pp |
| Q3 2014 | 2014-08-31 | 3.96% | +0.65 pp |
| Q2 2014 | 2014-05-31 | 3.18% | −0.70 pp |
| Q1 2014 | 2014-02-28 | 1.85% | +0.19 pp |
| Q4 2013 | 2013-11-30 | 4.16% | +0.44 pp |
| Q3 2013 | 2013-08-31 | 3.31% | +0.60 pp |
| Q2 2013 | 2013-05-31 | 3.88% | −11.46 pp |
| Q1 2013 | 2013-02-28 | 1.66% | +1.11 pp |
| Q4 2012 | 2012-11-30 | 3.72% | +2.59 pp |
| Q3 2012 | 2012-08-31 | 2.70% | +1.92 pp |
| Q2 2012 | 2012-05-31 | 15.35% | +14.82 pp |
| Q1 2012 | 2012-02-29 | 0.55% | −0.49 pp |
| Q4 2011 | 2011-11-30 | 1.13% | −0.13 pp |
| Q3 2011 | 2011-08-31 | 0.78% | −0.44 pp |
| Q2 2011 | 2011-05-31 | 0.52% | — |
| Q1 2011 | 2011-02-28 | 1.04% | — |
| Q4 2010 | 2010-11-30 | 1.25% | — |
| Q3 2010 | 2010-08-31 | 1.21% | — |
Lennar return on equity trends
Over the last five fiscal years, Lennar's return on equity decreased from 14.52% to 8.34%, a change of −6.18 percentage points. The latest reported quarter, Q2 2026, shows 1.40%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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