Every 8-K that Lennar Corporation (LEN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow LEN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LEN filings page.
Lennar Corporation furnished an investor presentation describing its shift to an asset-light, manufacturing-focused homebuilding model. Since 2018, the company reduced owned homesites from 174K to 11K and increased controlled homesites from 69K to 486K, moving land risk to third parties.
Lennar reports using this model to free capital, repurchasing $9.6B of stock and retiring $6.9B of senior notes. The presentation also compares Lennar’s forward P/E multiple to NVR and the S&P 500, suggesting its valuation has not fully reflected the business transformation.
Lennar Corporation reported weaker results for its second quarter ended May 31, 2026. Net earnings attributable to Lennar fell to $305 million, or $1.24 per diluted share, from $477 million, or $1.81, a year earlier. Excluding mark-to-market losses on technology investments, earnings were $322 million, or $1.31 per share, versus $499 million, or $1.90, in 2025.
Total revenues declined to $7.9 billion from $8.4 billion as homebuilding revenue slipped despite a 2% increase in deliveries to 20,519 homes and a 4% decrease in new orders to 21,749 homes. Homebuilding gross margin compressed to 15.6% from 17.8%, while SG&A rose to 9.2% of home sales revenue from 8.8%, reflecting lower pricing and higher marketing costs.
Lennar highlighted strong operational metrics, including record-low cycle time of 121 days and homebuilding cash of $1.8 billion with no borrowings under its $3.1 billion revolver, resulting in homebuilding debt to total capital of 15.8%. The company repurchased 5 million shares for $447 million and redeemed $400 million of senior notes subsequent to quarter-end. For the third quarter of 2026, Lennar guides to 20,500–21,500 deliveries, gross margin of approximately 16%, SG&A of 8.8%–9.0%, and average sales price of $375,000–$380,000, while moderating full-year 2026 delivery targets to approximately 82,000–83,000 homes.
Lennar Corporation has promoted Jim Parker to Chief Operating Officer, effective June 5, 2026. Parker has more than 30 years of homebuilding experience and has led Lennar’s East operations since December 2025. In connection with his promotion, his annual cash incentive target was increased to $5,750,000.
The company also named David Grove as Executive Vice President, Homebuilding, effective the same date. Grove has been with Lennar since 1999 and most recently led the company’s West operations. Both executives will continue to report to Stuart Miller, Lennar’s Executive Chairman, Chief Executive Officer and President.
Lennar Corporation reported the results of its 2026 Annual Meeting of Stockholders held on April 8, 2026. Stockholders elected nine directors, each to serve until the 2027 Annual Meeting, with support levels generally well above 400 million votes for most nominees.
Stockholders approved, on an advisory basis, the compensation of the company’s named executive officers, with 426,605,552 votes for and 46,160,769 votes against. They also ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending November 30, 2026, by 482,154,444 votes for and 11,175,791 against.
Two stockholder proposals received insufficient support and were not approved. A proposal on Equal Voting Rights for Each Share received 173,722,020 votes for and 298,980,467 against, while a proposal on Disclosure of Voting Results by Share Class received 119,820,521 votes for and 335,906,299 against.
Lennar Corporation reported first-quarter 2026 net earnings attributable to Lennar of $229 million, or $0.93 per diluted share, down from $520 million, or $1.96, a year earlier. Total revenues declined to $6.6 billion from $7.6 billion, mainly as homebuilding revenue fell 13% on lower prices and fewer deliveries.
Gross margin on home sales compressed to 15.2% from 18.7%, while SG&A rose to 9.8% of home sales revenue, reducing net margin to 5.3%. Financial Services operating earnings fell to $91 million from $143 million, partly offset by improved Multifamily and Lennar Other results helped by $15 million of mark-to-market gains on technology investments.
Lennar ended the quarter with homebuilding cash of $2.1 billion and homebuilding debt to total capital of 15.7%, with net homebuilding debt to total capital of 8.3%. The company repurchased 2 million shares for $237 million at an average price of $118.54. For the second quarter of 2026, Lennar expects deliveries of 20,000–21,000 homes, an average sales price of $370,000–$375,000, gross margin of 15.5%–16.0%, SG&A of 8.9%–9.1%, and Financial Services operating earnings of $100–$110 million.
Lennar Corporation filed a current report to state that on December 16, 2025 it issued a press release announcing its results of operations and financial condition for the fourth quarter and fiscal year ended November 30, 2025. The press release is furnished as Exhibit 99.1 and is not deemed “filed” for purposes of Section 18 of the Exchange Act.
The report also notes the inclusion of the cover page interactive data file as Exhibit 104 and is signed on behalf of Lennar by Vice President and Chief Financial Officer Diane Bessette.
Lennar Corporation announced a leadership transition. Jonathan M. Jaffe, Co-Chief Executive Officer and President since September 2023 and an employee since 1983, notified the Board of his decision to retire from his roles and resign as a director, effective December 31, 2025.
Following his retirement, Stuart Miller will continue as Executive Chairman and serve as Chief Executive Officer. The Board plans to reduce its size from ten members to nine members, effective December 31, 2025. The company furnished a press release as Exhibit 99.1.
Lennar Corporation filed a current report to let investors know it has released its financial results for the third quarter ended August 31, 2025. On September 18, 2025, the company issued a press release with these results and furnished it as Exhibit 99.1 to this report. The press release is provided for informational purposes and is not treated as formally filed under certain liability provisions of the Securities Exchange Act.
Lennar Corp. (LEN) filed an 8-K announcing senior leadership changes. COO Fred Rothman, a 19-year veteran and COO since 2019, will retire effective 2 Sep 2025. Vice President, General Counsel & Secretary Mark Sustana will also retire on that date.
Sustana signed a two-year consulting agreement starting 3 Sep 2025 at $110,000 per month, dropping to $50,000 per month if the term is extended. The agreement includes standard non-compete, confidentiality and indemnification clauses and is provided as Exhibit 10.1.
Katherine Lee Martin, formerly EVP & General Counsel of Hertz Global Holdings and previously a senior litigator at X Corp./Twitter and the U.S. DOJ, will become Chief Legal Officer & Corporate Secretary on 2 Sep 2025. No successor for the COO role, financial metrics or strategic guidance were disclosed. A related press release is furnished as Exhibit 99.1.