Lennar revenue
Lennar's revenue was $34.19bn in fiscal 2025, down 3.5% on the year before. Since fiscal 2009 ($3.12bn) it has grown at a compound 16.1% a year. Over the last twelve months it was $31.97bn.
Revenue history
| Fiscal year | 2009Nov 2009 | 2010Nov 2010 | 2011Nov 2011 | 2012Nov 2012 | 2013Nov 2013 | 2014Nov 2014 | 2015Nov 2015 | 2016Nov 2016 | 2017Nov 2017 | 2018Nov 2018 | 2019Nov 2019 | 2020Nov 2020 | 2021Nov 2021 | 2022Nov 2022 | 2023Nov 2023 | 2024Nov 2024 | 2025Nov 2025 | LTMAug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.1 | 3.1 | 3.1 | 4.1 | 5.9 | 7.8 | 9.5 | 10.9 | 12.6 | 20.6 | 22.3 | 22.5 | 27.1 | 33.7 | 34.2 | 35.4 | 34.2 | 32.0 |
| Growth on the year before | — | −1.5% | +0.7% | +32.6% | +44.6% | +31.1% | +21.8% | +15.6% | +15.5% | +62.7% | +8.2% | +1.0% | +20.6% | +24.1% | +1.7% | +3.5% | −3.5% | — |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Lennar Homebuilding East Central West Houston and Other | $32.3B | 94.3% | ▼ 4.8% |
| Homebuilding West (part of Lennar Homebuilding East Central West Houston and Other) | $11.9B | 36.9% | ▼ 8.1% |
| Homebuilding Central (part of Lennar Homebuilding East Central West Houston and Other) | $7.8B | 24.0% | ▼ 1.5% |
| Homebuilding East (part of Lennar Homebuilding East Central West Houston and Other) | $7B | 21.6% | ▼ 15.6% |
| Homebuilding South Central (part of Lennar Homebuilding East Central West Houston and Other) | $5.6B | 17.4% | ▲ 17.1% |
| Lennar Financial Services | $1.2B | 3.5% | ▲ 8.0% |
| Lennar Multifamily | $681M | 2.0% | ▲ 65.4% |
| Lennar Other | $41.4M | 0.1% | ▲ 191.2% |
| Homebuilding Other Regions | $26.8M | 0.1% | ▼ 19.9% |
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Real Estate Other | $32.1B | 93.9% | ▼ 5.0% |
| Other Revenue | $2B | 5.7% | ▲ 24.8% |
| Land | $130M | 0.4% | ▲ 39.5% |
From Lennar's 10-K filed January 28, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Lennar | $31.97bn | -8.0% | -1.5% |
| D. R. Horton | $33.35bn | -3.5% | -1.2% |
| PulteGroup | $15.98bn | -9.3% | -1.8% |
| Toll Brothers, Inc. | $10.76bn | -1.1% | 0.2% |
| NVR, Inc. | $9.53bn | -9.9% | -1.6% |
| KB Home | $5.18bn | -20.8% | -8.1% |
Compare with peers
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