LENNYSE,NYSE SEC EDGAR

LENNAR CORP /NEW/

General Bldg Contractors - Residential Bldgs·MIAMI, FL·FY end 11/30·CIK 920760

CEO Pay Ratio

284:1

Jonathan M. Jaffe

CEO Total Comp

$23.4M

Jonathan M. Jaffe

Median Employee

—

Revenue

$34.2B

FY 2025

Net Income

$2.1B

FY 2025

Free Cash Flow

$28.2M

FY 2025

Net Margin

6.1%

Insider Net (180d)

0 buys / 0 sales

CEO Pay Accountability

CEO comp as % of net income

1.12%

For every $1,000 of profit, $11.25 flows to the CEO.

CEO comp as % of buybacks

1.29%

CEO comp equals 12.9‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$34.2B	$35.4B	$34.2B	—	$27.1B
Gross Profit	—	—	—	—	—	—
Operating Income	—	—	—	—	—	—
Net Income	$2.1B	$3.9B	$3.9B	$4.6B	$4.4B
Operating CF	$216.8M	$2.4B	$5.2B	$3.3B	$2.5B
Capex	$188.6M	$171.5M	$99.8M	$57.2M	$65.2M
Free Cash Flow	$28.2M	$2.2B	$5.1B	$3.2B	$2.5B
Buybacks	$1.8B	$2.3B	$1.2B	$1.0B	$1.4B
Dividends	$521.0M	$548.8M	$430.6M	$438.0M	$309.8M

Gross Margin	—	—	—	—	—	—
Operating Margin	—	—	—	—	—	—
Net Margin	6.1%	11.1%	11.5%	—	16.3%
FCF Margin	0.1%	6.3%	14.8%	—	9.1%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	25.1%	23.5%	23.9%	22.7%	23.4%
Debt / Equity	0.27	—	—	—	—	—
Buybacks / FCF	6416.5%	101.1%	23.3%	32.4%	58.0%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Stuart MillerExecutive Chairman	$1.0M	$25.7M	—	$2.8M	$18.4K	$29.5M
Jonathan M. JaffeFormer Co-Chief Executive Officer	$800.0K	$22.5M	—	—	$39.2K	$23.4M
Diane BessetteVice President and Chief Financial	$750.0K	$4.7M	—	$2.9M	$25.9K	$8.3M
Katherine Lee Martin	$147.9K	$6.0M	—	$1.9M	$693	$8.0M
General Counsel &Secretary	$500.0K	$1.6M	—	$1.2M	$14.1K	$3.3M
Mark SustanaFormer Vice President,	$376.7K	$1.6M	—	—	$348.4K	$2.3M
David CollinsVice President, Controller	$350.0K	$1.0M	—	$902.5K	$18.4K	$2.3M
<UNKNOWN>	—	—	—	—	—	—