(LEN-B) Lennar - Ratings and Ratios
Single-Family Homes, Multifamily Rentals, Mortgage Financing, Title Insurance
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.04% |
| Yield on Cost 5y | 3.58% |
| Yield CAGR 5y | 33.75% |
| Payout Consistency | 94.0% |
| Payout Ratio | 20.1% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 33.9% |
| Value at Risk 5%th | 55.0% |
| Relative Tail Risk | -1.30% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.70 |
| Alpha | -38.69 |
| CAGR/Max DD | 0.32 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.435 |
| Beta | 0.699 |
| Beta Downside | 0.429 |
| Drawdowns 3y | |
|---|---|
| Max DD | 41.34% |
| Mean DD | 14.05% |
| Median DD | 8.52% |
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) 4.5
| Net Income (2.68b TTM) > 0 and > 6% of Revenue (6% = 2.09b TTM) |
| FCFTA -0.02 (>2.0%) and ΔFCFTA -11.54pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 40.96% (prev 73.27%; Δ -32.31pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.01 (>3.0%) and CFO -507.8m <= Net Income 2.68b (YES >=105%, WARN >=100%) |
| Net Debt (2.09b) to EBITDA (3.64b) ratio: 0.57 <= 3.0 (WARN <= 3.5) |
| Current Ratio 10.36 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (255.6m) change vs 12m ago -5.39% (target <= -2.0% for YES) |
| Gross Margin 14.99% (prev 40.81%; Δ -25.82pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 93.18% (prev 91.75%; Δ 1.43pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 17.43 (EBITDA TTM 3.64b / Interest Expense TTM 162.1m) >= 6 (WARN >= 3) |
Altman Z'' 7.17
| (A) 0.41 = (Total Current Assets 15.76b - Total Current Liabilities 1.52b) / Total Assets 34.88b |
| (B) 0.63 = Retained Earnings (Balance) 22.11b / Total Assets 34.88b |
| (C) 0.08 = EBIT TTM 2.83b / Avg Total Assets 37.31b |
| (D) 1.83 = Book Value of Equity 22.14b / Total Liabilities 12.13b |
| Total Rating: 7.17 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 53.75
| 1. Piotroski 4.50pt |
| 2. FCF Yield -2.12% |
| 3. FCF Margin -1.88% |
| 4. Debt/Equity 0.16 |
| 5. Debt/Ebitda 0.57 |
| 6. ROIC - WACC (= -0.19)% |
| 7. RoE 11.21% |
| 8. Rev. Trend 25.22% |
| 9. EPS Trend -26.27% |
What is the price of LEN-B shares?
Over the past week, the price has changed by -13.15%, over one month by -8.43%, over three months by -18.61% and over the past year by -21.36%.
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 | 108.8 | 10.7% |
LEN-B Fundamental Data Overview December 17, 2025
P/E Trailing = 11.1523
P/E Forward = 12.285
P/S = 0.8271
P/B = 1.2378
P/EG = 2.066
Beta = 1.401
Revenue TTM = 34.77b USD
EBIT TTM = 2.83b USD
EBITDA TTM = 3.64b USD
Long Term Debt = 5.39b USD (from longTermDebt, last quarter)
Short Term Debt = 532.1m USD (from shortTermDebt, last fiscal year)
Debt = 3.52b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.09b USD (from netDebt column, last quarter)
Enterprise Value = 30.84b USD (28.75b + Debt 3.52b - CCE 1.44b)
Interest Coverage Ratio = 17.43 (Ebit TTM 2.83b / Interest Expense TTM 162.1m)
FCF Yield = -2.12% (FCF TTM -652.6m / Enterprise Value 30.84b)
FCF Margin = -1.88% (FCF TTM -652.6m / Revenue TTM 34.77b)
Net Margin = 7.72% (Net Income TTM 2.68b / Revenue TTM 34.77b)
Gross Margin = 14.99% ((Revenue TTM 34.77b - Cost of Revenue TTM 29.55b) / Revenue TTM)
Gross Margin QoQ = 22.58% (prev 9.60%)
Tobins Q-Ratio = 0.88 (Enterprise Value 30.84b / Total Assets 34.88b)
Interest Expense / Debt = 1.40% (Interest Expense 49.3m / Debt 3.52b)
Taxrate = 24.14% (190.9m / 790.7m)
NOPAT = 2.14b (EBIT 2.83b * (1 - 24.14%))
Current Ratio = 10.36 (Total Current Assets 15.76b / Total Current Liabilities 1.52b)
Debt / Equity = 0.16 (Debt 3.52b / totalStockholderEquity, last quarter 22.57b)
Debt / EBITDA = 0.57 (Net Debt 2.09b / EBITDA 3.64b)
Debt / FCF = -3.20 (negative FCF - burning cash) (Net Debt 2.09b / FCF TTM -652.6m)
Total Stockholder Equity = 23.94b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.70% (Net Income 2.68b / Total Assets 34.88b)
RoE = 11.21% (Net Income TTM 2.68b / Total Stockholder Equity 23.94b)
RoCE = 9.63% (EBIT 2.83b / Capital Employed (Equity 23.94b + L.T.Debt 5.39b))
RoIC = 7.58% (NOPAT 2.14b / Invested Capital 28.29b)
WACC = 7.77% (E(28.75b)/V(32.28b) * Re(8.59%) + D(3.52b)/V(32.28b) * Rd(1.40%) * (1-Tc(0.24)))
Discount Rate = 8.59% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.36%
Fair Price DCF = unknown (Cash Flow -652.6m)
EPS Correlation: -26.27 | EPS CAGR: -13.30% | SUE: 0.44 | # QB: 0
Revenue Correlation: 25.22 | Revenue CAGR: 1.17% | SUE: -0.66 | # QB: 0
Additional Sources for LEN-B Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle