Lennar Corporation (LEN)

Pretax margin

Aug 31, 2025 May 31, 2025 Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 3,588,752 4,333,179 4,952,358 5,184,906 5,511,046 5,451,076 5,348,636 5,202,303 5,176,953 5,526,063 6,122,273 6,014,555 5,836,635 5,826,715 5,168,765 5,819,040 5,402,890 4,447,553 4,027,250 3,123,792
Revenue (ttm) US$ in thousands 34,783,840 35,380,660 35,806,840 35,476,720 36,428,020 35,767,000 35,029,840 34,220,070 33,476,270 33,659,080 33,980,770 33,709,520 31,915,960 29,937,470 28,017,870 27,141,920 25,535,330 24,472,650 23,287,990 22,464,120
Pretax margin 10.32% 12.25% 13.83% 14.61% 15.13% 15.24% 15.27% 15.20% 15.46% 16.42% 18.02% 17.84% 18.29% 19.46% 18.45% 21.44% 21.16% 18.17% 17.29% 13.91%

August 31, 2025 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,588,752K ÷ $34,783,840K
= 10.32%


Peer comparison

Aug 31, 2025

Company name
Symbol
Pretax margin
Lennar Corporation
LEN
10.32%
DR Horton Inc
DHI
13.84%
KB Home
KBH
8.54%
Toll Brothers Inc
TOL
16.73%