TTM
6.8%
YoY change
−5.64pp
Trough year (2007)
-25.8%
Peak year (2022)
20.2%
Latest annual
8.0%
Operating Margin history chart for Lennar (LEN) from 1985 to 2025
Latest: 8.0%
Operating Margin change chart for Lennar (LEN) from 1985 to 2025
Latest: −5.64pp
Operating Margin history table for Lennar (LEN) from 1985 to 2025
| 2025 | 8.0% | -5.64pp | ||
| 2024 | 13.7% | -2.21pp | ||
| 2023 | 15.9% | -4.27pp | ||
| 2022 | 20.2% | +1.22pp | ||
| 2021 | 18.9% | +4.97pp | ||
| 2020 | 14.0% | +2.82pp | ||
| 2019 | 11.1% | +1.47pp | ||
| 2018 | 9.7% | -0.91pp | ||
| 2017 | 10.6% | -0.94pp | ||
| 2016 | 11.5% | +0.07pp | ||
| 2015 | 11.5% | -0.39pp | ||
| 2014 | 11.9% | +0.30pp | ||
| 2013 | 11.6% | +3.85pp | ||
| 2012 | 7.7% | +4.36pp | ||
| 2011 | 3.3% | -0.70pp | ||
| 2010 | 4.0% | +18.80pp | ||
| 2009 | -14.8% | -5.15pp | ||
| 2008 | -9.6% | +16.17pp | ||
| 2007 | -25.8% | -31.32pp | ||
| 2006 | 5.5% | -8.93pp | ||
| 2005 | 14.5% | +1.71pp | ||
| 2004 | 12.8% | +0.37pp | ||
| 2003 | 12.4% | +1.33pp | ||
| 2002 | 11.1% | +0.45pp | ||
| 2001 | 10.6% | +0.53pp | ||
| 2000 | 10.1% | -0.64pp | ||
| 1999 | 10.7% | -1.18pp | ||
| 1998 | 11.9% | +1.17pp | ||
| 1997 | 10.7% | +0.43pp | ||
| 1996 | 10.3% | -5.18pp | ||
| 1995 | 15.5% | -0.07pp | ||
| 1994 | 15.6% | +3.26pp | ||
| 1993 | 12.3% | -0.05pp | ||
| 1992 | 12.3% | +2.21pp | ||
| 1991 | 10.1% | +4.09pp | ||
| 1990 | 6.0% | -3.61pp | ||
| 1989 | 9.7% | -1.02pp | ||
| 1988 | 10.7% | -0.52pp | ||
| 1987 | 11.2% | +0.82pp | ||
| 1986 | 10.4% | +1.07pp | ||
| 1985 | 9.3% | — |
- 20258.0%-5.64pp
- 202413.7%-2.21pp
- 202315.9%-4.27pp
- 202220.2%+1.22pp
- 202118.9%+4.97pp
- 202014.0%+2.82pp
- 201911.1%+1.47pp
- 20189.7%-0.91pp
- 201710.6%-0.94pp
- 201611.5%+0.07pp
- 201511.5%-0.39pp
- 201411.9%+0.30pp
- 201311.6%+3.85pp
- 20127.7%+4.36pp
- 20113.3%-0.70pp
- 20104.0%+18.80pp
- 2009-14.8%-5.15pp
- 2008-9.6%+16.17pp
- 2007-25.8%-31.32pp
- 20065.5%-8.93pp
- 200514.5%+1.71pp
- 200412.8%+0.37pp
- 200312.4%+1.33pp
- 200211.1%+0.45pp
- 200110.6%+0.53pp
- 200010.1%-0.64pp
- 199910.7%-1.18pp
- 199811.9%+1.17pp
- 199710.7%+0.43pp
- 199610.3%-5.18pp
- 199515.5%-0.07pp
- 199415.6%+3.26pp
- 199312.3%-0.05pp
- 199212.3%+2.21pp
- 199110.1%+4.09pp
- 19906.0%-3.61pp
- 19899.7%-1.02pp
- 198810.7%-0.52pp
- 198711.2%+0.82pp
- 198610.4%+1.07pp
- 19859.3%—
Operating Margin values are taken from Lennar's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Lennar (LEN)
According to Lennar's latest reported financial statements, the company's latest reported operating margin is 6.8%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Lennar (LEN) reported operating margin of 8.05% – contracted 5.6 percentage points year-over-year.
20.16% stands as the all-time-high annual operating margin, posted in 2022, against a low of -25.78% during 2007.
Lennar Operating Margin by Year
Lennar Operating Margin 2025: 8.0%
In 2025, Lennar reported operating margin of 8.05%, contracted 5.6 percentage points from 2024.
Lennar Operating Margin 2024: 13.7%
Lennar operating margin in 2024 was 13.68%, contracted 2.2 percentage points from 2023.
Lennar Operating Margin 2023: 15.9%
2023's operating margin for Lennar came in at 15.89%, contracted 4.3 percentage points from 2022.
Lennar Operating Margin 2022: 20.2%
Lennar posted operating margin of 20.16% in 2022, expanded 1.2 percentage points from 2021. This figure represents the highest annual value in the available history.
Lennar Operating Margin 2021: 18.9%
Lennar operating margin in 2021 was 18.94%.
See more financial history for Lennar (LEN).
Sector peers by Operating Margin
Consumer Cyclical peers of Lennar (LEN), ranked by their latest operating margin
| 46.0% | |
| 34.3% | |
| 22.2% | |
| 12.4% | |
| 12.4% | |
| 11.5% | |
| 5.8% | |
| 5.0% |
- 46.0%
- 22.2%
- 12.4%
- 12.4%
- 11.5%
- 5.8%
- 5.0%
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