Lennar (MEX:LENB) EBIT: MXN174,479 Mil (TTM As of Feb. 2026)


MEX:LENB Lennar Corp MEX:LENB
75 GF Score
Price MXN1,455.37
GF Value MXN1,976.93
! 6 Warning Signs
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What is Lennar EBIT?

Lennar MEX:LENB 75 EBIT is MXN174,479 Mil as of Feb. 2026. GuruFocus rates MEX:LENB with a GF Score™ of 75/100 and a GF Value™ of MXN1,976.93. The stock has 6 warning signs investors should review.

Lennar's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2026 was MXN4,014 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was MXN174,479 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lennar's annualized ROC % for the quarter that ended in Feb. 2026 was 2.40%. Lennar's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 4.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lennar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 38.93%.


Lennar  (MEX:LENB) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Lennar's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=16054.1 * ( 1 - 22.84% )/( (528036.124 + 506071.307)/ 2 )
=12387.34356/517053.7155
=2.40 %

where

Invested Capital(Q: Nov. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=630773.146 - 33205.104 - ( 69531.918 - max(0, 33205.104 - 355312.129+69531.918))
=528036.124

Invested Capital(Q: Feb. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=571905.337 - 29922.258 - ( 35911.772 - max(0, 29922.258 - 261684.035+35911.772))
=506071.307

Note: The Operating Income data used here is four times the quarterly (Feb. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Lennar's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=16054.1/( ( (129003.05 + max(209092.672, 0)) + (117530.382 + max(195850.005, 0)) )/ 2 )
=16054.1/( ( 338095.722 + 313380.387 )/ 2 )
=16054.1/325738.0545
=4.93 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23999.835 + 216934.385 + 1363.556) - (33205.104 + 0 + 0)
=209092.672

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16547.577 + 208750.41 + 474.27600000001) - (29922.258 + 0 + 0)
=195850.005

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Lennar's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=174478.541/448214.447
=38.93 %

* 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 EBIT Related Terms


Lennar EBIT Historical Data

* Premium members only.

The historical data trend for Lennar's EBIT 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 EBIT Chart

Lennar Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110,231.05 131,449.55 94,518.20 98,846.06 50,388.06

Lennar Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
EBIT 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 12,601.92 13,602.15 12,218.84 4,013.53 144,644.03

MEX:LENB vs PHM, NVR, TOL: EBIT Comparison

For the Residential Construction subindustry, Lennar's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Lennar's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lennar's EV-to-EBIT falls into.


MEX:LENB
75GF Score
Lennar Corp MEX:LENB
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lennar EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN174,479 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN174,479 Mil mean?
Lennar (MEX:LENB) has a EBIT of MXN174,479 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lennar.
Is Lennar's EBIT too high?
Lennar's current EBIT is MXN174,479 Mil. Overall, Lennar has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Lennar's EBIT compare to PHM and NVR?
Lennar's EBIT of MXN174,479 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 EBIT for a Homebuilding & Construction company?
A good EBIT depends on the Homebuilding & Construction industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lennar. Lennar's current EBIT is MXN174,479 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?
Lennar (MEX:LENB) has a current EBIT of MXN174,479 Mil. The stock's GF Value™ is MXN1,976.93, compared to a current price of MXN1,455.37 — trading 26.4% below its estimated fair value. The current EBIT is MXN174,479 Mil. Lennar's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Lennar (MEX:LENB), the current EBIT is MXN174,479 Mil as of Feb. 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:LENB) Overvalued in 2026?

Based on GuruFocus' analysis, Lennar stock appears to be undervalued. The current stock price of MXN1,455.37 is trading 26.4% below its estimated GF Value™ of MXN1,976.93.

Key valuation signals for MEX:LENB:

  • EBIT: MXN174,479 Mil
  • GF Value™: MXN1,976.93 vs. price of MXN1,455.37 (26.4% below fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the MEX:LENB 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.
75GF Score

Get the complete analysis for MEX:LENB

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

MXN1,455.37
Price
MXN1,976.93
GF Value