LEN (Lennar) Accumulated Depreciation: $0 Mil (As of May. 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LEN Lennar Corp LEN
68 GF Score
Price $80.76
GF Value $126.77
Valuation Possible Value Trap
! 6 Warning Signs
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What is Lennar Accumulated Depreciation?

Lennar LEN +0.49% 68 Accumulated Depreciation is $0 Mil as of May. 2026. GuruFocus rates LEN with a GF Score™ of 68/100 and a GF Value™ of $126.77 (Possible Value Trap). The stock has 6 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Lennar's quarterly accumulated depreciation declined from Nov. 2025 ($-315 Mil) to Feb. 2026 ($0 Mil) but then stayed the same from Feb. 2026 ($0 Mil) to May. 2026 ($0 Mil).

Lennar's annual accumulated depreciation increased from Nov. 2023 ($-266 Mil) to Nov. 2024 ($-291 Mil) and increased from Nov. 2024 ($-291 Mil) to Nov. 2025 ($-315 Mil).

Lennar Accumulated Depreciation Related Terms

Lennar Accumulated Depreciation Historical Data

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The historical data trend for Lennar's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lennar Accumulated Depreciation Chart

Lennar Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -198.86 -226.82 -265.83 -291.42 -315.18

Lennar Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -315.18 0.00 0.00
LEN
68GF Score
Lennar Corp LEN
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Lennar Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $0 Mil mean?
Lennar (LEN) has a Accumulated Depreciation of $0 Mil as of May. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Lennar and its competitors.
Is Lennar's Accumulated Depreciation too high?
Lennar's current Accumulated Depreciation is $0 Mil. Overall, Lennar has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lennar's Accumulated Depreciation compare to NVR and PHM?
Lennar's Accumulated Depreciation of $0 Mil can be compared against companies in the Homebuilding & Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Homebuilding & Construction company?
A good Accumulated Depreciation depends on the Homebuilding & Construction industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Lennar and its competitors. Lennar's current Accumulated Depreciation is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lennar stock overvalued right now?
Based on GuruFocus' analysis, Lennar (LEN) is currently considered Possible Value Trap. The stock's GF Value™ is $126.77, compared to a current price of $80.76 — trading 36.3% below its estimated fair value. The current Accumulated Depreciation is $0 Mil. Lennar's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Lennar (LEN), the current Accumulated Depreciation is $0 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lennar (LEN) Overvalued in 2026?

Based on GuruFocus' analysis, Lennar stock appears to be undervalued. The current stock price of $80.76 is trading 36.3% below its estimated GF Value™ of $126.77. GuruFocus considers Lennar to be Possible Value Trap.

Key valuation signals for LEN:

  • Accumulated Depreciation: $0 Mil
  • GF Value™: $126.77 vs. price of $80.76 (36.3% below fair value)
  • GF Score™: 68/100 with 6 warning signs

No single metric tells the full story. See the LEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Lennar Business Description

Address 5505 Waterford District Drive, Miami, FL, USA, 33126
Lennar is the second-largest public homebuilder in the United States, behind D.R. Horton, operating in 26 states. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups.
68GF Score

Get the complete analysis for LEN

Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$80.76
Price
$126.77
GF Value