Lennar (MIL:1LEN) Tax Provision: €-472 Mil (TTM As of May. 2026)

Author: Vera Yuan Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

MIL:1LEN Lennar Corp MIL:1LEN
50 GF Score
Price €77.18
GF Value €110.63
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Lennar Tax Provision?

Lennar MIL:1LEN +9.54% 50 Tax Provision is €-472 Mil as of May. 2026. GuruFocus rates MIL:1LEN with a GF Score™ of 50/100 and a GF Value™ of €110.63 (Possible Value Trap). The stock has 6 warning signs investors should review.

Lennar's tax provision for the three months ended in May. 2026 was €-90 Mil. Its tax provision for the trailing twelve months (TTM) ended in May. 2026 was €-472 Mil.

Lennar Tax Provision Historical Data

* Premium members only.

The historical data trend for Lennar's Tax Provision 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 Tax Provision Chart

Lennar Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,193.56 -1,340.11 -1,146.70 -1,146.65 -610.31

Lennar Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Tax Provision 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 -141.97 -163.98 -160.10 -58.45 -89.93
MIL:1LEN
50GF Score
Lennar Corp MIL:1LEN
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lennar Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-472 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 Tax Provision →
What does a Tax Provision of €-472 Mil mean?
Lennar (MIL:1LEN) has a Tax Provision of €-472 Mil as of May. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Lennar and its competitors.
Is Lennar's Tax Provision too high?
Lennar's current Tax Provision is €-472 Mil. Overall, Lennar has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lennar's Tax Provision compare to NVR and PHM?
Lennar's Tax Provision of €-472 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 Tax Provision for a Homebuilding & Construction company?
A good Tax Provision depends on the Homebuilding & Construction industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Lennar and its competitors. Lennar's current Tax Provision is €-472 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 (MIL:1LEN) is currently considered Possible Value Trap. The stock's GF Value™ is €110.63, compared to a current price of €77.18 — trading 30.2% below its estimated fair value. The current Tax Provision is €-472 Mil. Lennar's overall GF Score™ is 50/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Lennar (MIL:1LEN), the current Tax Provision is €-472 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 (MIL:1LEN) Overvalued in 2026?

Based on GuruFocus' analysis, Lennar stock appears to be undervalued. The current stock price of €77.18 is trading 30.2% below its estimated GF Value™ of €110.63. GuruFocus considers Lennar to be Possible Value Trap.

Key valuation signals for MIL:1LEN:

  • Tax Provision: €-472 Mil
  • GF Value™: €110.63 vs. price of €77.18 (30.2% below fair value)
  • GF Score™: 50/100 with 6 warning signs

No single metric tells the full story. See the MIL:1LEN 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.
50GF Score

Get the complete analysis for MIL:1LEN

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

€77.18
Price
€110.63
GF Value