(LEN-B) Lennar - Ratings and Ratios
Single-Family Homes, Multifamily Rentals, Mortgage Financing, Title Insurance
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.05% |
| Yield on Cost 5y | 3.64% |
| Yield CAGR 5y | 33.75% |
| Payout Consistency | 94.0% |
| Payout Ratio | 20.1% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 33.6% |
| Value at Risk 5%th | 54.4% |
| Relative Tail Risk | -1.50% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.62 |
| Alpha | -35.25 |
| CAGR/Max DD | 0.31 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.443 |
| Beta | 0.681 |
| Beta Downside | 0.402 |
| Drawdowns 3y | |
|---|---|
| Max DD | 41.34% |
| Mean DD | 14.26% |
| Median DD | 8.69% |
Description: LEN-B Lennar December 17, 2025
Lennar Corporation (NYSE: LEN-B) is the largest U.S. homebuilder, operating under the Lennar brand across five regional homebuilding divisions (East, Central, Texas, West, and Other), a financial-services arm, a multifamily segment, and ancillary “Lennar Other” activities. Its core business constructs and sells single-family attached and detached homes, develops and parcels residential land, and builds and manages multifamily rental properties. The firm also provides end-to-end mortgage financing, title, insurance, and closing services, and it originates and securitizes commercial mortgage loans.
Key operating metrics as of Q3 2024 show a 12 % year-over-year increase in home sales volume to 9,800 units, driven by strong demand in the move-up and active-adult segments, while the company’s land-bank inventory sits at roughly 14 % of total projected build-out capacity-providing a buffer against supply constraints. Lennar’s financial-services segment contributed 7 % of total revenue, benefiting from a modest rise in average mortgage rates (currently ~6.8 % APR) that lifted net interest margins but also pressured buyer affordability.
Sector-wide, the homebuilding industry remains sensitive to macro-drivers such as the Federal Reserve’s monetary policy, housing-starts trends, and labor-cost inflation. The U.S. housing-starts index has risen 3 % YoY in Q3 2024, supporting demand, while the construction-materials price index remains elevated (+5 % YoY), compressing margins. Lennar’s diversified revenue mix-combining home sales, multifamily rentals, and financial services-helps mitigate exposure to any single driver.
For a deeper quantitative breakdown, the ValueRay platform offers a granular view of LEN-B’s valuation metrics.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (2.08b TTM) > 0 and > 6% of Revenue (6% = 2.05b TTM) |
| FCFTA -0.02 (>2.0%) and ΔFCFTA -11.37pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 37.49% (prev 77.50%; Δ -40.01pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.02 (>3.0%) and CFO -568.2m <= Net Income 2.08b (YES >=105%, WARN >=100%) |
| Net Debt (617.4m) to EBITDA (2.91b) ratio: 0.21 <= 3.0 (WARN <= 3.5) |
| Current Ratio 4.89 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (252.4m) change vs 12m ago -5.57% (target <= -2.0% for YES) |
| Gross Margin 17.62% (prev 15.52%; Δ 2.10pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 90.13% (prev 85.79%; Δ 4.34pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 18.04 (EBITDA TTM 2.91b / Interest Expense TTM 118.1m) >= 6 (WARN >= 3) |
Altman Z'' 6.87
| (A) 0.37 = (Total Current Assets 16.09b - Total Current Liabilities 3.29b) / Total Assets 34.43b |
| (B) 0.65 = Retained Earnings (Balance) 22.47b / Total Assets 34.43b |
| (C) 0.06 = EBIT TTM 2.13b / Avg Total Assets 37.87b |
| (D) 1.83 = Book Value of Equity 22.51b / Total Liabilities 12.29b |
| Total Rating: 6.87 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 53.97
| 1. Piotroski 6.50pt |
| 2. FCF Yield -2.78% |
| 3. FCF Margin -2.09% |
| 4. Debt/Equity 0.19 |
| 5. Debt/Ebitda 0.21 |
| 6. ROIC - WACC (= -1.70)% |
| 7. RoE 9.25% |
| 8. Rev. Trend 31.56% |
| 9. EPS Trend -26.27% |
What is the price of LEN-B shares?
Over the past week, the price has changed by -0.87%, over one month by -21.13%, over three months by -18.29% and over the past year by -22.45%.
Is LEN-B a buy, sell or hold?
What are the forecasts/targets for the LEN-B price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 99.6 | 2.3% |
LEN-B Fundamental Data Overview December 28, 2025
P/E Trailing = 12.312
P/E Forward = 11.4155
P/S = 0.7329
P/B = 1.105
P/EG = 2.2608
Beta = 1.401
Revenue TTM = 34.13b USD
EBIT TTM = 2.13b USD
EBITDA TTM = 2.91b USD
Long Term Debt = 5.39b USD (from longTermDebt, two quarters ago)
Short Term Debt = 265.5m USD (from shortTermDebt, two quarters ago)
Debt = 4.08b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 617.4m USD (from netDebt column, last quarter)
Enterprise Value = 25.67b USD (25.06b + Debt 4.08b - CCE 3.47b)
Interest Coverage Ratio = 18.04 (Ebit TTM 2.13b / Interest Expense TTM 118.1m)
FCF Yield = -2.78% (FCF TTM -713.0m / Enterprise Value 25.67b)
FCF Margin = -2.09% (FCF TTM -713.0m / Revenue TTM 34.13b)
Net Margin = 6.09% (Net Income TTM 2.08b / Revenue TTM 34.13b)
Gross Margin = 17.62% ((Revenue TTM 34.13b - Cost of Revenue TTM 28.12b) / Revenue TTM)
Gross Margin QoQ = 16.29% (prev 17.67%)
Tobins Q-Ratio = 0.75 (Enterprise Value 25.67b / Total Assets 34.43b)
Interest Expense / Debt = 1.21% (Interest Expense 49.3m / Debt 4.08b)
Taxrate = 27.10% (185.1m / 683.0m)
NOPAT = 1.55b (EBIT 2.13b * (1 - 27.10%))
Current Ratio = 4.89 (Total Current Assets 16.09b / Total Current Liabilities 3.29b)
Debt / Equity = 0.19 (Debt 4.08b / totalStockholderEquity, last quarter 21.96b)
Debt / EBITDA = 0.21 (Net Debt 617.4m / EBITDA 2.91b)
Debt / FCF = -0.87 (negative FCF - burning cash) (Net Debt 617.4m / FCF TTM -713.0m)
Total Stockholder Equity = 22.46b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.04% (Net Income 2.08b / Total Assets 34.43b)
RoE = 9.25% (Net Income TTM 2.08b / Total Stockholder Equity 22.46b)
RoCE = 7.65% (EBIT 2.13b / Capital Employed (Equity 22.46b + L.T.Debt 5.39b))
RoIC = 5.75% (NOPAT 1.55b / Invested Capital 27.03b)
WACC = 7.45% (E(25.06b)/V(29.14b) * Re(8.52%) + D(4.08b)/V(29.14b) * Rd(1.21%) * (1-Tc(0.27)))
Discount Rate = 8.52% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.15%
Fair Price DCF = unknown (Cash Flow -713.0m)
EPS Correlation: -26.27 | EPS CAGR: -13.30% | SUE: 0.44 | # QB: 0
Revenue Correlation: 31.56 | Revenue CAGR: 11.62% | SUE: 0.41 | # QB: 0
Additional Sources for LEN-B Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle