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LennarMEX:LEN 66 Debt-to-EBITDA is 3.31 as of May. 2026, which is 53% above its 10-year median of 2.17. GuruFocus rates MEX:LEN with a GF Score™ of 66/100 and a GF Value™ of MXN2,157.54 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 80 Homebuilding & Construction companies, Lennar ranks better than 60% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Lennar's Debt-to-EBITDA or its related term are showing as below:
MEX:LEN'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.84 Med: 2.17 Max: 5.67
Current: 2.76
During the past 13 years, the highest Debt-to-EBITDA Ratio of Lennar was 5.67. The lowest was 0.84. And the median was 2.17.
MEX:LEN's Debt-to-EBITDA is ranked better than 60% of 80
companies
in the Homebuilding & Construction industry
Industry Median: 3.67
vs MEX:LEN: 2.76
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Lennar Debt-to-EBITDA Related Terms
Lennar Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Lennar's Debt-to-EBITDA 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.
MEX:LEN vs NVR, PHM, TOL: Debt-to-EBITDA Comparison
For the Residential Construction subindustry, Lennar's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lennar Debt-to-EBITDA vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Lennar's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Lennar's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (May. 2026) EBITDA data.
Lennar (MEX:LEN) has a Debt-to-EBITDA of 3.31 as of May. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Lennar. This is 53% above median its historical median of 2.17. Over the past decade, Lennar's Debt-to-EBITDA has ranged from 0.84 to 5.67. According to the industry distribution chart, Lennar ranks #32 out of 80 companies in the Homebuilding & Construction industry, placing it in the top 40%.
Is Lennar's Debt-to-EBITDA too high?
Lennar's current Debt-to-EBITDA of 3.31 is 53% above median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 5.67. The Homebuilding & Construction industry median Debt-to-EBITDA is 3.67. Lennar's value of 3.31 is 9.8% below this industry median. Based on the distribution chart, Lennar ranks #32 out of 80 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, Lennar has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lennar's Debt-to-EBITDA compare to NVR and PHM?
According to the Homebuilding & Construction industry distribution chart, Lennar ranks #32 out of 80 companies for Debt-to-EBITDA. This puts Lennar in the upper half of its industry. The industry median Debt-to-EBITDA is 3.67. Lennar's value of 3.31 is 9.8% below this benchmark. Historically, Lennar's own Debt-to-EBITDA has ranged from 0.84 to 5.67 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 3.67, Lennar has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Homebuilding & Construction company?
The median Debt-to-EBITDA among Homebuilding & Construction companies is 3.67, based on 80 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lennar's current Debt-to-EBITDA of 3.31 is 9.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Lennar. For the Homebuilding & Construction industry, the median Debt-to-EBITDA is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lennar's current Debt-to-EBITDA is 3.31, which is 53% above median its own 10-year median of 2.17. 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 (MEX:LEN) is currently considered Possible Value Trap. The stock's GF Value™ is MXN2,157.54, compared to a current price of MXN1,430.00 — trading 33.7% below its estimated fair value. The current Debt-to-EBITDA is 3.31, which is 53% above median its 10-year median of 2.17 and 9.8% below the Homebuilding & Construction industry median of 3.67. Lennar's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Lennar (MEX:LEN), the current Debt-to-EBITDA is 3.31 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 (MEX:LEN) Overvalued in 2026?
Based on GuruFocus' analysis, Lennar stock appears to be undervalued.
The current stock price of MXN1,430.00 is trading 33.7% below its estimated GF Value™ of MXN2,157.54.
GuruFocus considers Lennar to be Possible Value Trap.
Key valuation signals for MEX:LEN:
Debt-to-EBITDA: 3.31 (53% above median its 10-year median of 2.17)
GF Value™: MXN2,157.54 vs. price of MXN1,430.00 (33.7% below fair value)
Industry Position: 9.8% below the Homebuilding & Construction median (#32 of 80)
No single metric tells the full story. See the MEX:LEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
66GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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