Fundamental Analysis
LEN
Lennar
Bearish
Updated: 2026-09-30 · Latest SEC filing: 10-Q 2026-06-29 · View stock page →
Summary
The headline bearish score rests mainly on a pronounced deterioration in profitability: annual net income is down sharply year over year (latest annual net income down -46.9%) and three-year net income trend is negative, even though revenue has only modestly declined. Balance-sheet resources look ample on the face of the accounts (assets about 2.82x liabilities) and a Piotroski score of 5 gives a neutral signal on operational health, but the persistent net-income weakness drives the negative view. The most recent quarter posted $308,129,000 in net income and shows improvement versus the prior quarter, which contradicts the longer annual decline and warrants watching alongside the limited filing history.
Revenue — Annual Comparison
Net Income — Annual Comparison
Quarterly Detail Charts
Quarterly Revenue
Quarterly Net Income
Piotroski F-Score Breakdown 5/6 · Neutral
✓ Profitability — Net income positive this fiscal year Pass
✗ Return on Assets — Return on Assets improved year-over-year Fail
· Leverage down — Long-term debt / total assets improved N/A
· Liquidity up — Current ratio improved year-over-year N/A
✓ No share dilution — Share count did not increase year-over-year Pass
· Margin up — Gross margin expanded year-over-year N/A
✓ Asset efficiency — Asset turnover improved year-over-year Pass
Data Source
Fundamental filing data sourced from the SEC’s EDGAR database. Company filings are used for the charts and summary figures on this page.
Recent Filings
2026-06-29 10-Q
2026-04-09 10-Q
2026-01-28 10-K
2025-10-03 10-Q
2025-07-01 10-Q
2025-01-23 10-K
2024-01-26 10-K
2023-01-26 10-K
Formula & Methodology
Revenue inputAnnual revenue trend contributes 40% of the score.
Net income inputAnnual net income trend contributes 60% of the score.
Rating ruleFormula: revenue trend carries 40% of the rating and net income trend carries 60%. Bullish starts at 0.60 or higher, Bearish starts at -0.60 or lower, and anything in between is Neutral.