Lennar Corporation

LENNYSEConsumer Cyclical● Active

$90.49

$-1.39(-1.51%)

Market Cap$22.9B

P/E Ratio—

52W High$144.24

52W Low$81.18

Avg Volume3.0M

Open$90.51

Beta1.40

Overview

Lennar Corporation (LEN) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

LEN · free cash flow · updated Jun 8, 2026

Core FCF metrics

LEN · FCF · TTM · margin & CAGR

Free cash flow was $28.2M for FY2025 (fiscal year ending 2025-11-30), down 98.7% year-over-year The FCF margin was 0.1%. Five-year CAGR stands at -63.1%.

FY2025 Free Cash Flow$28.2M▼ -98.7% YoY

Trailing 12M (TTM)$14.8Mtrailing 4 quarters sum

FCF Margin0.1%$28.2M ÷ revenue

3-Year CAGR-79.4%FY2022 → FY2025

5-Year CAGR-63.1%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

LEN · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$216.8M(189M)$28.2M▼ 98.7%0.1%

FY2024$2.40B(172M)$2.23B▼ 56.1%6.3%

FY2023$5.18B(100M)$5.08B▲ +58.3%14.8%

FY2022$3.27B(57M)$3.21B▲ +30.0%9.5%

FY2021$2.53B(65M)$2.47B▼ 40.1%9.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

LEN · P/FCF · FCF yield · FCF per share

Lennar Corporation (LEN) trades at a FCF yield of 0.06% and a price-to-free-cash-flow ratio of 1508.2x. FCF per share stands at $0.06, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

0.06%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.06

TTM FCF ÷ Shares Outstanding

Price / FCF

x1508.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x1701.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-11-30

Cash flow statement summary

LEN · cash flow statement · operating / investing / financing

For FY2025, Lennar Corporation generated $216.8M in operating cash flow and spent 189M in capital expenditures, yielding $28.2M in free cash flow.

Operating Activities

+$216.8M

Cash from core business operations

2025-11-30

Investing Activities

+$221.6M

CapEx, acquisitions & investments

2025-11-30

Financing Activities

−$1.60B

Buybacks, dividends & debt

2025-11-30

FCF FormulaOperating CF ($216.8M) − |CapEx| (189M) = FCF ($28.2M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

LEN vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Lennar CorporationYOU

LEN

$28.2M-98.7%0.1%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Lennar Corporation (LEN) reported free cash flow of $28.2M for FY2025 (fiscal year ending 2025-11-30), down 98.7% year-over-year. The FCF margin was 0.1%.

Based on available data, Lennar Corporation has maintained positive free cash flow for at least 10 fiscal year(s). FCF peaked at $5.08B in FY2023. The 5-year CAGR stands at -63.1%.

Lennar Corporation's FCF yield is 0.06% and price-to-FCF ratio is 1508.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

LEN free cash flow · 8 questions

Lennar Corporation free cash flow was $28.2M for FY2025, down 98.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $14.8M.

LEN free cash flowLEN FCFLEN FCF 2025LEN free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Lennar Corporation · Lennar Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026