LEN (Lennar) EBITDA Margin %: 3.52% (As of Feb. 2026) — 73% Below Median


LEN Lennar Corp LEN
75 GF Score
Price $93.86
GF Value $126.27
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Lennar EBITDA Margin %?

Lennar LEN +0.98% 75 EBITDA Margin % is 3.52% as of Feb. 2026, which is 73% below its 10-year median of 13.00. GuruFocus rates LEN with a GF Score™ of 75/100 and a GF Value™ of $126.27 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 91 Homebuilding & Construction companies, Lennar ranks better than 91.21% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Lennar's EBITDA for the three months ended in Feb. 2026 was $233 Mil. Lennar's Revenue for the three months ended in Feb. 2026 was $6,619 Mil. Therefore, Lennar's EBITDA margin for the quarter that ended in Feb. 2026 was 3.52%.


Lennar  (NYSE:LEN) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Lennar EBITDA Margin % Related Terms


Lennar EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Lennar's EBITDA Margin % 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 EBITDA Margin % Chart

Lennar Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.26 20.42 16.21 14.01 8.44

Lennar Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
EBITDA Margin % 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 8.15 8.57 7.49 3.52 105.00

LEN vs PHM, NVR, TOL: EBITDA Margin % Comparison

For the Residential Construction subindustry, Lennar's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Lennar's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Lennar's EBITDA Margin % falls into.


LEN
75GF Score
Lennar Corp LEN
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lennar EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Lennar's EBITDA Margin % for the fiscal year that ended in Nov. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Nov. 2025 )/Revenue (A: Nov. 2025 )
=2884.717/34186.934
=8.44 %

Lennar's EBITDA Margin % for the quarter that ended in Feb. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=233.064/6619.476
=3.52 %

* 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 EBITDA Margin % →
What does a EBITDA Margin % of 3.52% mean?
Lennar (LEN) has a EBITDA Margin % of 3.52% as of Feb. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Lennar and its competitors. This is 73% below median its historical median of 13.00. Over the past decade, Lennar's EBITDA Margin % has ranged from 8.44 to 30.63. According to the industry distribution chart, Lennar ranks #8 out of 91 companies in the Homebuilding & Construction industry, placing it in the top 8.8%.
Is Lennar's EBITDA Margin % too high?
Lennar's current EBITDA Margin % of 3.52% is 73% below median its 10-year median of 13.00. Over the past 10 years, this metric has ranged from a low of 8.44 to a high of 30.63. The Homebuilding & Construction industry median EBITDA Margin % is 9.16. Lennar's value of 3.52% is 61.6% below this industry median. Based on the distribution chart, Lennar ranks #8 out of 91 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Lennar has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lennar's EBITDA Margin % compare to PHM and NVR?
According to the Homebuilding & Construction industry distribution chart, Lennar ranks #8 out of 91 companies for EBITDA Margin %. This places Lennar in the top 9% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 9.16. Lennar's value of 3.52% is 61.6% below this benchmark. Historically, Lennar's own EBITDA Margin % has ranged from 8.44 to 30.63 over the past decade. While the company's 10-year median is 13.00 vs. the industry median of 9.16, 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 EBITDA Margin % for a Homebuilding & Construction company?
The median EBITDA Margin % among Homebuilding & Construction companies is 9.16, based on 91 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lennar's current EBITDA Margin % of 3.52% is 61.6% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Lennar and its competitors. For the Homebuilding & Construction industry, the median EBITDA Margin % is 9.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lennar's current EBITDA Margin % is 3.52%, which is 73% below median its own 10-year median of 13.00. 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 Modestly Undervalued. The stock's GF Value™ is $126.27, compared to a current price of $93.86 — trading 25.7% below its estimated fair value. The current EBITDA Margin % is 3.52%, which is 73% below median its 10-year median of 13.00 and 61.6% below the Homebuilding & Construction industry median of 9.16. 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 EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Lennar (LEN), the current EBITDA Margin % is 3.52% 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 (LEN) Overvalued in 2026?

Based on GuruFocus' analysis, Lennar stock appears to be undervalued. The current stock price of $93.86 is trading 25.7% below its estimated GF Value™ of $126.27. GuruFocus considers Lennar to be Modestly Undervalued.

Key valuation signals for LEN:

  • EBITDA Margin %: 3.52% (73% below median its 10-year median of 13.00)
  • GF Value™: $126.27 vs. price of $93.86 (25.7% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 61.6% below the Homebuilding & Construction median (#8 of 91)

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.
75GF Score

Get the complete analysis for LEN

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

$93.86
Price
$126.27
GF Value