Lennar (LEN) Revenue & Revenue Breakdown

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Lennar Revenue Highlights

Latest Revenue (Y)

$35.44B

Latest Revenue (Q)

$8.81B

Main Segment (Y)

Lennar Financial Services

Main Geography (Y)

Homebuilding West

Lennar Revenue by Period

Lennar Revenue by Year

Date	Revenue	Change
2024-11-30	$35.44B	3.53%
2023-11-30	$34.23B	1.67%
2022-11-30	$33.67B	24.11%
2021-11-30	$27.13B	20.64%
2020-11-30	$22.49B	1.03%
2019-11-30	$22.26B	8.21%
2018-11-30	$20.57B	62.67%
2017-11-30	$12.65B	15.49%
2016-11-30	$10.95B	15.58%
2015-11-30	$9.47B	21.78%
2014-11-30	$7.78B	31.08%
2013-11-30	$5.94B	44.59%
2012-11-30	$4.10B	32.61%
2011-11-30	$3.10B	0.69%
2010-11-30	$3.07B	-1.45%
2009-11-30	$3.12B	-31.82%
2008-11-30	$4.58B	-55.08%
2007-11-30	$10.19B	-37.38%
2006-11-30	$16.27B	17.31%
2005-11-30	$13.87B	32.00%
2004-11-30	$10.50B	17.93%
2003-11-30	$8.91B	21.69%
2002-11-30	$7.32B	21.40%
2001-11-30	$6.03B	28.09%
2000-11-30	$4.71B	50.94%
1999-11-30	$3.12B	29.03%
1998-11-30	$2.42B	85.47%
1997-11-30	$1.30B	10.32%
1996-12-31	$1.18B	35.69%
1995-11-30	$870.50M	6.43%
1994-11-30	$817.90M	22.64%
1993-11-30	$666.90M	-

Lennar generated $35.44B in revenue during NA 2024, up 3.53% compared to the previous quarter, and up 159.22% compared to the same period a year ago.

Lennar Revenue by Quarter

Date	Revenue	Change
2025-08-31	$8.81B	5.17%
2025-05-31	$8.38B	9.77%
2025-02-28	$7.63B	-23.28%
2024-11-30	$9.95B	5.64%
2024-08-31	$9.42B	7.42%
2024-05-31	$8.77B	19.86%
2024-02-29	$7.31B	-33.33%
2023-11-30	$10.97B	25.64%
2023-08-31	$8.73B	8.51%
2023-05-31	$8.05B	23.95%
2023-02-28	$6.49B	-36.21%
2022-11-30	$10.17B	13.88%
2022-08-31	$8.93B	6.89%
2022-05-31	$8.36B	34.74%
2022-02-28	$6.20B	-26.44%
2021-11-30	$8.43B	21.50%
2021-08-31	$6.94B	7.95%
2021-05-31	$6.43B	20.75%
2021-02-28	$5.33B	-21.98%
2020-11-30	$6.83B	16.28%
2020-08-31	$5.87B	11.02%
2020-05-31	$5.29B	17.36%
2020-02-29	$4.51B	-35.38%
2019-11-30	$6.97B	19.03%
2019-08-31	$5.86B	5.29%
2019-05-31	$5.56B	43.82%
2019-02-28	$3.87B	-40.12%
2018-11-30	$6.46B	13.87%
2018-08-31	$5.67B	3.91%
2018-05-31	$5.46B	83.14%
2018-02-28	$2.98B	-21.26%
2017-11-30	$3.79B	16.07%
2017-08-31	$3.26B	-0.01%
2017-05-31	$3.26B	39.55%
2017-02-28	$2.34B	-30.78%
2016-11-30	$3.38B	19.15%
2016-08-31	$2.83B	3.21%
2016-05-31	$2.75B	37.73%
2016-02-29	$1.99B	-32.32%
2015-11-30	$2.95B	18.22%
2015-08-31	$2.49B	4.14%
2015-05-31	$2.39B	45.52%
2015-02-28	$1.64B	-36.37%
2014-11-30	$2.58B	28.30%
2014-08-31	$2.01B	10.74%
2014-05-31	$1.82B	33.43%
2014-02-28	$1.36B	-28.83%
2013-11-30	$1.92B	19.55%
2013-08-31	$1.60B	12.34%
2013-05-31	$1.43B	44.06%
2013-02-28	$989.95M	-26.67%
2012-11-30	$1.35B	22.75%
2012-08-31	$1.10B	18.23%
2012-05-31	$930.15M	28.32%
2012-02-29	$724.86M	-23.91%
2011-11-30	$952.65M	16.15%
2011-08-31	$820.19M	7.29%
2011-05-31	$764.49M	36.99%
2011-02-28	$558.04M	-35.12%
2010-11-30	$860.12M	4.26%
2010-08-31	$824.98M	1.29%
2010-05-31	$814.48M	41.79%
2010-02-28	$574.44M	-37.13%
2009-11-30	$913.74M	26.78%
2009-08-31	$720.73M	-19.19%
2009-05-31	$891.85M	50.38%
2009-02-28	$593.06M	-53.60%
2008-11-30	$1.28B	15.50%
2008-08-31	$1.11B	-1.90%
2008-05-31	$1.13B	6.12%
2008-02-29	$1.06B	-

Lennar generated $8.81B in revenue during Q3 2025, up 5.17% compared to the previous quarter, and up 100.51% compared to the same period a year ago.

Lennar Revenue Breakdown

Lennar Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Nov 24	Nov 23	Nov 22	Nov 21	Nov 20
Lennar Multifamily	$521.46M	$573.66M	-	-	-
Lennar - Other	$79.50M	$27.68M	-	-	-
Lennar Financial Services	$1.11B	$976.86M	-	-	-
Homebuilding West	-	$12.09B	$12.57B	$10.56B	$8.44B
Lennar Homebuilding East, Central, West, Houston, and Other	-	$32.66B	$20.98B	-	-
Homebuilding Central	-	$6.18B	$5.85B	$4.83B	$4.09B
Homebuilding Other Regions	-	$38.82M	$40.14M	$42.69M	$25.57M
Homebuilding Texas	-	$4.71B	$4.23B	$3.24B	$2.71B

Lennar's latest annual revenue breakdown by segment (product or service), as of Nov 24: Lennar Financial Services (64.86%), Lennar Multifamily (30.49%), and Lennar - Other (4.65%).

Quarterly Revenue by Product

Product/Service	Aug 25	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Nov 21	Aug 21	May 21	Feb 21	Nov 20	Aug 20	May 20
Lennar Homebuilding East, Central, West, Houston, and Other	$8.25B	$7.28B	$6.93B	$26.50B	$6.16B	$9.74B	$8.48B	$7.98B	$5.75B	$8.02B	$6.56B	$6.03B	$4.94B	$6.35B	$5.51B	$4.95B	-	-	-	-
Lennar Financial Services	$314.19M	$277.08M	$304.55M	$273.27M	$281.72M	$249.72M	$202.08M	$200.17M	$228.96M	$258.32M	$237.07M	$196.26M	-	-	-	-	-	-	-	-
Lennar Multifamily	$238.79M	$73.38M	$101.88M	$184.71M	$102.20M	$132.67M	$188.40M	$205.42M	$115.17M	$123.12M	-	-	-	-	-	-	-	-	-	-
Lennar - Other	$45.45M	$23.56M	$26.39M	$17.18M	$26.84M	$9.09M	$9.80M	$4.53M	-	-	-	-	-	-	-	-	-	-	-	-
Homebuilding Central	-	-	-	-	-	$1.40B	$3.72B	$1.41B	$1.05B	$1.88B	$1.58B	$1.28B	$1.11B	$1.27B	$1.10B	$928.44M	$1.06B	-	-	-
Homebuilding Other Regions	-	-	-	-	-	$9.89M	$21.99M	$11.62M	$5.21M	$8.29M	$8.94M	$13.58M	$9.33M	$8.06M	$9.66M	$5.01M	$2.69M	$13.19M	-	-
Homebuilding Texas	-	-	-	-	-	$1.07B	$2.54B	$1.14B	$1.02B	$1.18B	$1.14B	$1.10B	$812.62M	$827.23M	$799.26M	$644.08M	$747.93M	-	-	-
Homebuilding West	-	-	-	-	-	$2.53B	$7.10B	$2.78B	$2.21B	$3.84B	$3.21B	$3.37B	$2.15B	$2.78B	$2.55B	$2.01B	$2.21B	-	-	-
Other Segments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$12.90M	$18.51M

Lennar's latest quarterly revenue breakdown by segment (product or service), as of Aug 25: Lennar Homebuilding East, Central, West, Houston, and Other (93.24%), Lennar Financial Services (3.55%), Lennar Multifamily (2.70%), and Lennar - Other (0.51%).

Lennar Revenue Breakdown by Country

Annual Revenue by Country

Country	Nov 24	Nov 23	Nov 22	Nov 21	Nov 20
Homebuilding Other Regions	$33.49M	$38.82M	-	-	-
Homebuilding Texas	$4.79B	$4.71B	-	-	-
Homebuilding West	$12.96B	$12.09B	-	-	-
Homebuilding Central	$7.64B	$6.18B	-	-	-
Homebuilding East	$8.49B	$9.65B	$9.27B	$6.87B	$5.72B

Lennar's latest annual revenue breakdown by geography, as of Nov 24: Homebuilding West (38.21%), Homebuilding East (25.05%), Homebuilding Central (22.52%), Homebuilding Texas (14.12%), and Homebuilding Other Regions (0.10%).

Quarterly Revenue by Country

Country	Aug 25	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Aug 21	May 21	Feb 21	Aug 20	May 20	Feb 20	Nov 19
Homebuilding Texas	$1.51B	$1.17B	$1.23B	$1.29B	$1.20B	$1.07B	$1.02B	-	-	-	-	-	-	-	-	-	-	-	-	-
Homebuilding East	$1.70B	$1.65B	$2.23B	$2.14B	$2.20B	$1.92B	$5.45B	$2.32B	$1.88B	$2.84B	$2.54B	$2.21B	$1.67B	$1.68B	$1.57B	$1.36B	$1.48B	$1.58B	$1.41B	$2.29B
Homebuilding Central	$2.08B	$1.56B	$2.39B	$2.14B	$1.71B	$1.40B	$1.05B	-	-	-	-	-	-	-	-	-	-	-	-	-
Homebuilding West	$2.96B	$2.89B	$3.69B	$3.47B	$3.27B	$2.53B	$2.21B	-	-	-	-	-	-	-	-	-	-	-	-	-
Homebuilding Other Regions	$6.16M	$8.35M	$7.74M	$6.38M	$9.48M	$9.89M	$5.21M	-	-	-	-	-	-	-	-	-	-	-	-	-
Lennar Homebuilding East, Central, West, Houston, and Other	-	-	-	-	-	-	-	-	$6.16B	-	-	-	-	-	-	-	-	-	-	-

Lennar's latest quarterly revenue breakdown by geography, as of Aug 25: Homebuilding West (35.87%), Homebuilding Central (25.14%), Homebuilding East (20.64%), Homebuilding Texas (18.27%), and Homebuilding Other Regions (0.07%).

Lennar Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
STLA	Stellantis	$189.54B	$91.18B
DHI	D.R. Horton	$36.80B	$9.23B
LEN	Lennar	$35.44B	$8.81B
CUK	Carnival	$16.46B	$8.15B
CCL	Carnival	$16.46B	$8.15B
TSCO	Tractor Supply	$14.88B	$4.44B
LVS	Las Vegas Sands	$11.30B	$3.33B
NVR	NVR	$10.29B	$2.55B
TOL	Toll Brothers	$9.99B	$2.95B
VIK	Viking	$4.71B	$718.15M
PHM	PulteGroup	$17.95M	$4.40B

LEN Revenue FAQ

What is Lennar’s yearly revenue?

Lennar's yearly revenue for 2024 was $35.44B, representing an increase of 3.53% compared to 2023. The company's yearly revenue for 2023 was $34.23B, representing an increase of 1.67% compared to 2022. LEN's yearly revenue for 2022 was $33.67B, representing an increase of 24.11% compared to 2021.

What is Lennar’s quarterly revenue?

Lennar's quarterly revenue for Q3 2025 was $8.81B, a 5.17% increase from the previous quarter (Q2 2025), and a -6.43% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $8.38B, a 9.77% increase from the previous quarter (Q1 2025), and a -4.43% decrease year-over-year (Q2 2024). LEN's quarterly revenue for Q1 2025 was $7.63B, a -23.28% decrease from the previous quarter (Q4 2024), and a 4.36% increase year-over-year (Q1 2024).

What is Lennar’s revenue growth rate?

Lennar's revenue growth rate for the last 3 years (2022-2024) was 5.26%, and for the last 5 years (2020-2024) was 57.60%.

What are Lennar’s revenue streams?

Lennar's revenue streams in v 24 are Lennar Multifamily, Lennar - Other, and Lennar Financial Services. Lennar Multifamily generated $521.46M in revenue, accounting 30.49% of the company's total revenue, down -9.10% year-over-year. Lennar - Other generated $79.5M in revenue, accounting 4.65% of the company's total revenue, up 187.18% year-over-year. Lennar Financial Services generated $1.11B in revenue, accounting 64.86% of the company's total revenue, up 13.55% year-over-year.

What is Lennar’s main source of revenue?

For the fiscal year ending Nov 24, the largest source of revenue of Lennar was Lennar Financial Services. This segment made a revenue of $1.11B, representing 64.86% of the company's total revenue.