Lennar (LEN) Revenue & Revenue Breakdown

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Lennar Revenue Highlights

Latest Revenue (Y)

$34.23B

Latest Revenue (Q)

$9.42B

Main Segment (Y)

Lennar Homebuilding East, Central, West, Houston, and Other

Main Geography (Y)

Homebuilding West

Lennar Revenue by Period

Lennar Revenue by Year

Date	Revenue	Change
2023-11-30	$34.23B	1.67%
2022-11-30	$33.67B	24.11%
2021-11-30	$27.13B	20.64%
2020-11-30	$22.49B	1.03%
2019-11-30	$22.26B	8.21%
2018-11-30	$20.57B	62.67%
2017-11-30	$12.65B	15.49%
2016-11-30	$10.95B	15.58%
2015-11-30	$9.47B	21.78%
2014-11-30	$7.78B	31.08%
2013-11-30	$5.94B	44.59%
2012-11-30	$4.10B	32.61%
2011-11-30	$3.10B	0.69%
2010-11-30	$3.07B	-1.45%
2009-11-30	$3.12B	-31.82%
2008-11-30	$4.58B	-55.08%
2007-11-30	$10.19B	-37.38%
2006-11-30	$16.27B	17.31%
2005-11-30	$13.87B	32.00%
2004-11-30	$10.50B	17.93%
2003-11-30	$8.91B	21.69%
2002-11-30	$7.32B	21.40%
2001-11-30	$6.03B	28.09%
2000-11-30	$4.71B	50.94%
1999-11-30	$3.12B	29.03%
1998-11-30	$2.42B	85.47%
1997-11-30	$1.30B	10.32%
1996-11-30	$1.18B	35.69%
1995-11-30	$870.50M	6.43%
1994-11-30	$817.90M	22.64%
1993-11-30	$666.90M	-

Lennar generated $34.23B in revenue during NA 2023, up 1.67% compared to the previous quarter, and up 166.41% compared to the same period a year ago.

Lennar Revenue by Quarter

Date	Revenue	Change
2024-08-31	$9.42B	7.25%
2024-05-31	$8.78B	20.46%
2024-02-29	$7.29B	-33.55%
2023-11-30	$10.97B	25.64%
2023-08-31	$8.73B	8.51%
2023-05-31	$8.05B	23.95%
2023-02-28	$6.49B	-36.21%
2022-11-30	$10.17B	13.88%
2022-08-31	$8.93B	6.89%
2022-05-31	$8.36B	34.74%
2022-02-28	$6.20B	-26.44%
2021-11-30	$8.43B	21.50%
2021-08-31	$6.94B	7.95%
2021-05-31	$6.43B	20.75%
2021-02-28	$5.33B	-21.98%
2020-11-30	$6.83B	16.28%
2020-08-31	$5.87B	11.02%
2020-05-31	$5.29B	17.36%
2020-02-29	$4.51B	-35.38%
2019-11-30	$6.97B	19.03%
2019-08-31	$5.86B	5.29%
2019-05-31	$5.56B	43.82%
2019-02-28	$3.87B	-40.12%
2018-11-30	$6.46B	13.87%
2018-08-31	$5.67B	3.91%
2018-05-31	$5.46B	83.14%
2018-02-28	$2.98B	-21.26%
2017-11-30	$3.79B	16.07%
2017-08-31	$3.26B	-0.01%
2017-05-31	$3.26B	39.55%
2017-02-28	$2.34B	-30.78%
2016-11-30	$3.38B	19.15%
2016-08-31	$2.83B	3.21%
2016-05-31	$2.75B	37.73%
2016-02-29	$1.99B	-32.32%
2015-11-30	$2.95B	18.22%
2015-08-31	$2.49B	4.14%
2015-05-31	$2.39B	45.52%
2015-02-28	$1.64B	-36.37%
2014-11-30	$2.58B	28.30%
2014-08-31	$2.01B	10.74%
2014-05-31	$1.82B	33.43%
2014-02-28	$1.36B	-28.83%
2013-11-30	$1.92B	19.55%
2013-08-31	$1.60B	12.34%
2013-05-31	$1.43B	44.06%
2013-02-28	$989.95M	-26.67%
2012-11-30	$1.35B	22.75%
2012-08-31	$1.10B	18.23%
2012-05-31	$930.15M	28.32%
2012-02-29	$724.86M	-23.91%
2011-11-30	$952.65M	16.15%
2011-08-31	$820.19M	7.29%
2011-05-31	$764.49M	36.99%
2011-02-28	$558.04M	-35.12%
2010-11-30	$860.12M	4.26%
2010-08-31	$824.98M	1.29%
2010-05-31	$814.48M	41.79%
2010-02-28	$574.44M	-37.13%
2009-11-30	$913.74M	26.78%
2009-08-31	$720.73M	-19.19%
2009-05-31	$891.85M	50.38%
2009-02-28	$593.06M	-53.60%
2008-11-30	$1.28B	15.50%
2008-08-31	$1.11B	-1.90%
2008-05-31	$1.13B	6.12%
2008-02-29	$1.06B	-

Lennar generated $9.42B in revenue during Q3 2024, up 7.25% compared to the previous quarter, and up 117.04% compared to the same period a year ago.

Lennar Revenue Breakdown

Lennar Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Nov 23	Nov 22	Nov 21	Nov 20	Nov 19
Lennar Homebuilding East, Central, West, Houston, and Other	$32.66B	$20.98B	-	-	-
Lennar - Other	$27.68M	$36.84M	-	-	-
Lennar Financial Services	$976.86M	$824.81M	-	-	-
Lennar Multifamily	$573.66M	$604.70M	-	-	-
Homebuilding West	$12.09B	$12.57B	$10.56B	$8.44B	$8.23B
Homebuilding Texas	$4.71B	$4.23B	$3.24B	$2.71B	$2.58B
Homebuilding Other Regions	$38.82M	$40.14M	$42.69M	$25.57M	-
Homebuilding Central	$6.18B	$5.85B	$4.83B	$4.09B	$2.74B

Lennar's latest annual revenue breakdown by segment (product or service), as of Nov 23: Lennar Homebuilding East, Central, West, Houston, and Other (57.05%), Homebuilding West (21.11%), Homebuilding Central (10.79%), Homebuilding Texas (8.22%), Lennar Financial Services (1.71%), Lennar Multifamily (1.00%), Homebuilding Other Regions (0.07%), and Lennar - Other (0.05%).

Quarterly Revenue by Product

Product/Service	Aug 24	May 24	Feb 24	Nov 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Nov 21	Aug 21	May 21	Feb 21	Nov 20	Aug 20	May 20	Feb 20	Nov 19	Aug 19
Lennar Multifamily	$184.71M	$102.20M	$132.67M	$188.40M	$205.42M	$115.17M	$123.12M	$132.62M	$175.94M	$183.96M	-	-	-	-	-	-	-	-	-	-
Lennar - Other	$17.18M	$26.84M	$9.09M	$9.80M	$4.53M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lennar Financial Services	$273.27M	$281.72M	$249.72M	$202.08M	$200.17M	$228.96M	$258.32M	$237.07M	$196.26M	$198.66M	$252.78M	$224.50M	-	-	-	-	-	-	-	-
Homebuilding Other Regions	-	-	$9.89M	$21.99M	$11.62M	$5.21M	$8.29M	$8.94M	$13.58M	$9.33M	$8.06M	$9.66M	$5.01M	$2.69M	$13.19M	$8.28M	$93.88M	-	-	-
Homebuilding Texas	-	-	$1.07B	$2.54B	$1.14B	$1.02B	$1.18B	$1.14B	$1.10B	$812.62M	$827.23M	$799.26M	$644.08M	$747.93M	$473.23M	$753.86M	$713.38M	-	-	-
Homebuilding West	-	-	$2.53B	$7.10B	$2.78B	$2.21B	$3.84B	$3.21B	$3.37B	$2.15B	$2.78B	$2.55B	$2.01B	$2.21B	$1.75B	$2.48B	$2.06B	-	-	-
Lennar Homebuilding East, Central, West, Houston, and Other	-	-	$6.93B	$26.50B	$6.16B	$9.74B	$8.48B	$7.98B	$5.75B	$8.02B	$6.56B	$6.03B	$4.94B	$6.35B	$5.51B	$4.95B	$4.17B	$5.44B	-	-
Homebuilding Central	-	-	$1.40B	$3.72B	$1.41B	$1.05B	$1.88B	$1.58B	$1.28B	$1.11B	$1.27B	$1.10B	$928.44M	$1.06B	$534.98M	$965.40M	$724.75M	-	-	-
Other Segments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$12.90M	$18.51M	$1.94M	$9.60M	-

Lennar's latest quarterly revenue breakdown by segment (product or service), as of Aug 24: Lennar Financial Services (57.51%), Lennar Multifamily (38.87%), and Lennar - Other (3.61%).

Lennar Revenue Breakdown by Country

Annual Revenue by Country

Country	Nov 23	Nov 22	Nov 21	Nov 20	Nov 19
Homebuilding East	$9.65B	$9.27B	$6.87B	$5.72B	$7.10B
Homebuilding Other Regions	$38.82M	-	-	-	-
Homebuilding Texas	$4.71B	-	-	-	-
Homebuilding West	$12.09B	-	-	-	-
Homebuilding Central	$6.18B	-	-	-	-

Lennar's latest annual revenue breakdown by geography, as of Nov 23: Homebuilding West (37.00%), Homebuilding East (29.55%), Homebuilding Central (18.91%), Homebuilding Texas (14.41%), and Homebuilding Other Regions (0.12%).

Quarterly Revenue by Country

Country	Aug 24	May 24	Feb 24	Nov 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Aug 21	May 21	Feb 21	Aug 20	May 20	Feb 20	Nov 19	Aug 19	May 19	Feb 19
Homebuilding Other Regions	$6.38M	$9.48M	$9.89M	$5.21M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Homebuilding West	$3.47B	$3.27B	$2.53B	$2.21B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Homebuilding Texas	$1.29B	$1.20B	$1.07B	$1.02B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Homebuilding East	$2.14B	$2.20B	$1.92B	$5.45B	$2.32B	$1.88B	$2.84B	$2.54B	$2.21B	$1.67B	$1.68B	$1.57B	$1.36B	$1.48B	$1.58B	$1.41B	$2.29B	$1.84B	$1.74B	$1.23B
Homebuilding Central	$2.14B	$1.71B	$1.40B	$1.05B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lennar Homebuilding East, Central, West, Houston, and Other	-	-	-	-	-	$6.16B	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Lennar's latest quarterly revenue breakdown by geography, as of Aug 24: Homebuilding West (38.38%), Homebuilding Central (23.69%), Homebuilding East (23.64%), Homebuilding Texas (14.22%), and Homebuilding Other Regions (0.07%).

Lennar Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
DHI	D.R. Horton	$36.80B	$9.97B
LEN	Lennar	$34.23B	$9.42B
TOL	Toll Brothers	$9.99B	$2.73B
NVR	NVR	$9.30B	$2.73B
KBH	KB Home	$6.41B	$1.75B
MTH	Meritage Homes	$6.14B	$1.59B
IBP	Installed Building Products	$2.78B	$737.60M
HOV	Hovnanian Enterprises	$2.76B	$722.70M
BZH	Beazer Homes USA	$2.21B	$595.68M
PHM	PulteGroup	$15.74M	$-8.54B

LEN Revenue FAQ

What is Lennar’s yearly revenue?

Lennar's yearly revenue for 2023 was $34.23B, representing an increase of 1.67% compared to 2022. The company's yearly revenue for 2022 was $33.67B, representing an increase of 24.11% compared to 2021. LEN's yearly revenue for 2021 was $27.13B, representing an increase of 20.64% compared to 2020.

What is Lennar’s quarterly revenue?

Lennar's quarterly revenue for Q3 2024 was $9.42B, a 7.25% increase from the previous quarter (Q2 2024), and a 7.86% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $8.78B, a 20.46% increase from the previous quarter (Q1 2024), and a 9.13% increase year-over-year (Q2 2023). LEN's quarterly revenue for Q1 2024 was $7.29B, a -33.55% decrease from the previous quarter (Q4 2023), and a 12.29% increase year-over-year (Q1 2023).

What is Lennar’s revenue growth rate?

Lennar's revenue growth rate for the last 3 years (2021-2023) was 26.18%, and for the last 5 years (2019-2023) was 53.79%.

What are Lennar’s revenue streams?

Lennar's revenue streams in v 23 are Lennar Homebuilding East, Central, West, Houston, and Other, Lennar - Other, Lennar Financial Services, Lennar Multifamily, Homebuilding West, Homebuilding Texas, Homebuilding Other Regions, and Homebuilding Central. Lennar Homebuilding East, Central, West, Houston, and Other generated $32.66B in revenue, accounting 57.05% of the company's total revenue, up 55.67% year-over-year. Lennar - Other generated $27.68M in revenue, accounting 0.05% of the company's total revenue, down -24.85% year-over-year. Lennar Financial Services generated $976.86M in revenue, accounting 1.71% of the company's total revenue, up 18.43% year-over-year. Lennar Multifamily generated $573.66M in revenue, accounting 1.00% of the company's total revenue, down -5.13% year-over-year. Homebuilding West generated $12.09B in revenue, accounting 21.11% of the company's total revenue, down -3.86% year-over-year. Homebuilding Texas generated $4.71B in revenue, accounting 8.22% of the company's total revenue, up 11.34% year-over-year. Homebuilding Other Regions generated $38.82M in revenue, accounting 0.07% of the company's total revenue, down -3.30% year-over-year. Homebuilding Central generated $6.18B in revenue, accounting 10.79% of the company's total revenue, up 5.66% year-over-year.

What is Lennar’s main source of revenue?

For the fiscal year ending Nov 23, the largest source of revenue of Lennar was Lennar Homebuilding East, Central, West, Houston, and Other. This segment made a revenue of $32.66B, representing 57.05% of the company's total revenue.