Lennar (LEN) Revenue & Revenue Breakdown
Lennar Revenue Highlights
Latest Revenue (Y)
$34.23B
Latest Revenue (Q)
$8.77B
Main Segment (Y)
Lennar Homebuilding East, Central, West, Houston, and Other
Main Geography (Y)
Homebuilding East
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 |
|---|---|---|
| 2024-05-31 | $8.77B | 20.27% |
| 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 $8.77B in revenue during Q2 2024, up 20.27% compared to the previous quarter, and up 135.05% 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 |
|---|---|---|---|---|---|
| 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 Homebuilding East, Central, West, Houston, and Other | $32.66B | $20.98B | - | - | - |
| Lennar Financial Services | - | - | - | - | $824.81M |
| Lennar - Other | - | - | - | - | $36.84M |
| Lennar Multifamily | - | - | - | - | $604.70M |
Lennar's latest annual revenue breakdown by segment (product or service), as of Nov 23: Lennar Homebuilding East, Central, West, Houston, and Other (58.67%), Homebuilding West (21.71%), Homebuilding Central (11.10%), Homebuilding Texas (8.46%), and Homebuilding Other Regions (0.07%).
Quarterly Revenue by Product
| Product/Service | 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 | May 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Lennar Financial Services | $281.72M | $249.72M | $202.08M | $200.17M | $228.96M | $258.32M | $237.07M | $196.26M | $198.66M | $252.78M | $224.50M | $204.22M | - | - | - | - | - | - | - | - |
| Lennar - Other | $26.84M | $9.09M | $9.80M | $4.53M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Lennar Multifamily | $102.20M | $132.67M | $188.40M | $205.42M | $115.17M | $123.12M | $132.62M | $175.94M | $183.96M | $147.41M | - | - | - | - | - | - | - | - | - | - |
| 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 | $8.24M | - | - | - |
| 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 | $693.21M | - | - | - |
| 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 | $2.14B | - | - | - |
| 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 | $5.20B | - | - |
| 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 | $613.78M | - | - | - |
| Other Segments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.90M | $18.51M | $1.94M | $9.60M | $15.66M | - |
Lennar's latest quarterly revenue breakdown by segment (product or service), as of May 24: Lennar Financial Services (68.58%), Lennar Multifamily (24.88%), and Lennar - Other (6.53%).
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 |
Lennar's latest annual revenue breakdown by geography, as of Nov 23: Homebuilding East (100.00%).
Quarterly Revenue by Country
| Country | 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 | Nov 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Homebuilding Other Regions | $9.48M | $9.89M | $5.21M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Homebuilding Texas | $1.20B | $1.07B | $1.02B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Homebuilding East | $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 | $1.25B |
| Homebuilding Central | $1.71B | $1.40B | $1.05B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Homebuilding West | $3.27B | $2.53B | $2.21B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Lennar Homebuilding East, Central, West, Houston, and Other | - | - | - | - | $6.16B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Lennar's latest quarterly revenue breakdown by geography, as of May 24: Homebuilding West (38.96%), Homebuilding East (26.28%), Homebuilding Central (20.37%), Homebuilding Texas (14.28%), and Homebuilding Other Regions (0.11%).
Lennar Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| DHI | D.R. Horton | $35.46B | $9.97B |
| LEN | Lennar | $34.23B | $8.77B |
| TOL | Toll Brothers | $9.99B | $2.73B |
| NVR | NVR | $9.30B | $2.61B |
| KBH | KB Home | $6.41B | $1.71B |
| MTH | Meritage Homes | $6.14B | $1.70B |
| 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 | $4.60M |
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 Q2 2024 was $8.77B, a 20.27% increase from the previous quarter (Q1 2024), and a 8.95% increase year-over-year (Q2 2023). The company'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). LEN's quarterly revenue for Q4 2023 was $10.97B, a 25.64% increase from the previous quarter (Q3 2023), and a 7.80% increase year-over-year (Q4 2022).
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 Homebuilding West, Homebuilding Texas, Homebuilding Other Regions, Homebuilding Central, and Lennar Homebuilding East, Central, West, Houston, and Other. Homebuilding West generated $12.09B in revenue, accounting 21.71% of the company's total revenue, down -3.86% year-over-year. Homebuilding Texas generated $4.71B in revenue, accounting 8.46% 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 11.10% of the company's total revenue, up 5.66% year-over-year. Lennar Homebuilding East, Central, West, Houston, and Other generated $32.66B in revenue, accounting 58.67% of the company's total revenue, up 55.67% 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 58.67% of the company's total revenue.