Question 1

What is Lennar's P/E ratio?

Accepted Answer

Lennar (LEN) P/E ratio is 12.4× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Lennar?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Lennar specifically, the relevant sector benchmark is the current sector median of 21.9×.

Question 5

Is Lennar's P/E ratio high or low?

Accepted Answer

Lennar's P/E ratio of 12.4× is above its own 5-year average of 9.2× and below the sector median of 21.9×. That places the current reading at the 96th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Lennar's historical P/E ratio range?

Accepted Answer

In the available daily series, Lennar (LEN) P/E ratio has ranged from a low of 4.6× in 2022 to a high of 55.6× in 2012. The 5-year average is 9.2× and the 5-year median is 8.6×.

Question 7

What was Lennar's P/E ratio in 2025?

Accepted Answer

Lennar (LEN) P/E ratio at the end of 2025 was 15.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Lennar's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$32.87B	$2.08B	15.8×	+4.0×	Nov 30, 2025
2024	$46.61B	$3.93B	11.9×	+2.8×	Nov 30, 2024
2023	$35.75B	$3.94B	9.1×	+3.6×	Nov 30, 2023
2022	$25.24B	$4.61B	5.5×	-1.7×	Nov 30, 2022
2021	$31.65B	$4.43B	7.1×	-2.4×	Nov 30, 2021
2020	$23.45B	$2.47B	9.5×	-0.6×	Nov 30, 2020
2019	$18.72B	$1.85B	10.1×	+1.9×	Nov 30, 2019
2018	$13.92B	$1.70B	8.2×	-10.2×	Nov 30, 2018
2017	$14.91B	$810.48M	18.4×	+7.6×	Nov 30, 2017
2016	$9.82B	$911.84M	10.8×	-2.8×	Nov 30, 2016
2015	$10.89B	$802.89M	13.6×	-1.4×	Nov 30, 2015
2014	$9.56B	$638.92M	15.0×	+0.4×	Nov 30, 2014
2013	$6.99B	$479.67M	14.6×	+3.9×	Nov 30, 2013
2012	$7.27B	$679.12M	10.7×	-26.9×	Nov 30, 2012
2011	$3.47B	$92.20M	37.6×	+7.8×	Nov 30, 2011
2010	$2.83B	$95.26M	29.8×	—	Nov 30, 2010
2009	$2.20B	−$417.15M	—	—	Nov 30, 2009
2008	$1.03B	−$1.11B	—	—	Nov 30, 2008
2007	$2.54B	−$1.94B	—	—	Nov 30, 2007
2006	$8.46B	$593.87M	14.2×	+8.3×	Nov 30, 2006
2005	$9.11B	$1.54B	5.9×	—	Nov 30, 2005
2003	$7.63B	$751.39M	10.2×	+3.8×	Nov 30, 2003
2002	$3.46B	$545.13M	6.3×	+0.6×	Nov 30, 2002
2001	$2.38B	$417.85M	5.7×	—	Nov 30, 2001


Ulta Beauty (ULTA)	19.6×
Las Vegas Sands (LVS)	19.6×
Avery Dennison (AVY)	19.3×
Williams-Sonoma (WSM)	19.1×
Expedia Group (EXPE)	18.9×
Etsy (ETSY)	16.9×
Ball (BALL)	16.8×
Royal Caribbean Cruises (RCL)	16.6×
GameStop (GME)	15.6×
Norwegian Cruise Line (NCLH)	15.0×
NVR (NVR)	14.8×
Masco (MAS)	14.6×
LKQ (LKQ)	14.5×
Mohawk Industries (MHK)	14.3×
Carnival Corporation (CCL)	14.0×
Deckers Outdoor (DECK)	13.8×
Weyco Group (WEYS)	12.8×
D.R. Horton (DHI)	12.5×
Best Buy Co. (BBY)	11.1×
PulteGroup (PHM)	11.0×
PDD Holdings (PDD)	10.7×
Toll Brothers (TOL)	10.5×
Lululemon Athletica (LULU)	10.2×
Leggett & Platt (LEG)	6.1×
Sonoco Products (SON)	5.1×

P/E Ratio for Lennar (LEN)

P/E Ratio daily chart for Lennar (LEN)

Historical P/E Ratio for Lennar (LEN) from 2001 to 2025

About P/E Ratio at Lennar (LEN)

Lennar P/E Ratio by Year

Lennar P/E Ratio 2025: 15.8×

Lennar P/E Ratio 2024: 11.9×

Lennar P/E Ratio 2023: 9.1×

Lennar P/E Ratio 2022: 5.5×

Lennar P/E Ratio 2021: 7.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Lennar (LEN) Key Financials

P/E Ratio daily chart for Lennar (LEN)

Historical P/E Ratio for Lennar (LEN) from 2001 to 2025

About P/E Ratio at Lennar (LEN)

Lennar P/E Ratio by Year

Lennar P/E Ratio 2025: 15.8×

Lennar P/E Ratio 2024: 11.9×

Lennar P/E Ratio 2023: 9.1×

Lennar P/E Ratio 2022: 5.5×

Lennar P/E Ratio 2021: 7.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Lennar's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Lennar?

+Is Lennar's P/E ratio high or low?

+What is Lennar's historical P/E ratio range?

+What was Lennar's P/E ratio in 2025?

+Why does Lennar's P/E ratio change over time?

Lennar (LEN) Key Financials