Operating Income for Lennar (LEN)
According to Lennar's latest reported financial statements, the company's current operating income (TTM) is $2.19B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
LEN
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$2.19B
YoY change
-42.8%
5Y CAGR
-2.5%
Peak year (2022)
$6.76B
Cumulative operating income
$44.06B
Operating Income history chart for Lennar (LEN) from 1985 to 2025
Operating Income history table for Lennar (LEN) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $2.75B | -42.8% | ||
| 2024 | $4.80B | -11.4% | ||
| 2023 | $5.42B | -19.8% | ||
| 2022 | $6.76B | +32.8% | ||
| 2021 | $5.09B | +63.3% | ||
| 2020 | $3.12B | +24.3% | ||
| 2019 | $2.51B | +26.2% | ||
| 2018 | $1.99B | +43.6% | ||
| 2017 | $1.38B | +8.0% | ||
| 2016 | $1.28B | +17.4% | ||
| 2015 | $1.09B | +13.2% | ||
| 2014 | $964.20M | +38.8% | ||
| 2013 | $694.65M | +129.1% | ||
| 2012 | $303.17M | +207.6% | ||
| 2011 | $98.55M | -20.4% | ||
| 2010 | $123.76M | -126.6% | ||
| 2009 | -$465.70M | +12.9% | ||
| 2008 | -$412.41M | -84.3% | ||
| 2007 | -$2.63B | -329.7% | ||
| 2006 | $1.14B | -44.1% | ||
| 2005 | $2.04B | +36.1% | ||
| 2004 | $1.50B | +36.2% | ||
| 2003 | $1.10B | +38.0% | ||
| 2002 | $799.75M | +26.1% | ||
| 2001 | $633.98M | +33.7% | ||
| 2000 | $474.24M | +41.9% | ||
| 1999 | $334.30M | +16.2% | ||
| 1998 | $287.70M | +105.6% | ||
| 1997 | $139.90M | +30.3% | ||
| 1996 | $107.40M | -20.3% | ||
| 1995 | $134.80M | +6.0% | ||
| 1994 | $127.20M | +55.1% | ||
| 1993 | $82.00M | +54.7% | ||
| 1992 | $53.00M | +60.6% | ||
| 1991 | $33.00M | +55.7% | ||
| 1990 | $21.20M | -50.1% | ||
| 1989 | $42.50M | +4.7% | ||
| 1988 | $40.60M | +9.4% | ||
| 1987 | $37.10M | +60.6% | ||
| 1986 | $23.10M | +6.9% | ||
| 1985 | $21.60M | — |
Operating Income values are taken from Lennar's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Lennar (LEN) operating income totalled $2.75B – plunged 42.8% year-over-year.
Through 2020–2025 (5 years), Lennar operating income delivered a -2.5% annualised rate; with a net decline across the window.
Lennar operating income plunged from $6.76B in 2022 to $2.75B in 2025, a 59.3% drawdown.
The dataset's maximum operating income sits at $6.76B (2022); the minimum reading of -$2.63B dates to 2007.
Among 8 Consumer Cyclical peers, Lennar (LEN) ranks 9th; the peer median for operating income is $16.64B.
Lennar Operating Income by Year
Lennar Operating Income 2025: $2.75B
Lennar operating income in 2025 was $2.75B, plunged 42.8% below 2024.
Lennar Operating Income 2024: $4.80B
Lennar operating income in 2024 was $4.80B, declined 11.4% below 2023.
Lennar Operating Income 2023: $5.42B
Lennar operating income in 2023 was $5.42B, declined 19.8% below 2022.
Lennar Operating Income 2022: $6.76B
Lennar operating income in 2022 was $6.76B, surged 32.8% from 2021. This figure represents the highest annual value in the available history.
Lennar Operating Income 2021: $5.09B
Lennar operating income in 2021 was $5.09B.
See more financial history for Lennar (LEN).
Sector peers — Operating Income
Companies in the same sector as Lennar, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is Lennar's operating income?
- Latest reported operating income for Lennar (LEN) is $2.19B (period ending February 28, 2026).
How has Lennar operating income changed year-over-year?
- Lennar (LEN) operating income changed -42.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Lennar operating income?
- Lennar (LEN) operating income compound annual growth rate is -2.5% over the most recent 5 years available.
When did Lennar operating income hit its highest annual value?
- Lennar operating income reached its highest annual value of $6.76B in 2022.
What was Lennar operating income in 2024?
- Lennar (LEN) operating income in 2024 was $4.80B.
What was Lennar operating income in 2025?
- Lennar (LEN) operating income in 2025 was $2.75B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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