FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

LEN
2026-05-31 · figures in $M

FCF DOWN

Free cash flow fell 99% to $28.2M — the lowest of its last 8 readings, and covered net income 0.01×.

CASH FROM OPS -91.0%
217 0.6% MGN
CAPITAL EXPENDITURE +10.0%
189
FREE CASH FLOW -98.7%
28
FCF / NET INCOME -97.6%
0.01× TARGET >1.0×
Cash flow FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY TTM 8Q
Net income
1,696 1,849 2,465 4,430 4,614 3,939 3,933 2,078 -47.2% 1,615 2024-08-31 · $1.2B2024-11-30 · $1.1B2025-02-28 · $519.5M2025-05-31 · $477.4M2025-08-31 · $591.0M2025-11-30 · $490.2M2026-02-28 · $229.4M2026-05-31 · $304.8M
Depreciation & amortization
91 92 95 86 87 110 116 134 +16.3% 138
Stock-based comp
73 87 107 135 184 161 177 163 -7.5% 139
Cash from operations
1,692 1,482 4,191 2,533 3,266 5,180 2,403 217 -91.0% 883 2024-08-31 · $819.2M2024-11-30 · $974.5M2025-02-28 · -$289.0M2025-05-31 · -$1.1B2025-08-31 · -$158.6M2025-11-30 · $1.8B2026-02-28 · -$433.5M2026-05-31 · -$284.4M
Cash conversion
1.00× 0.80× 1.70× 0.57× 0.71× 1.32× 0.61× 0.10× -82.9% 0.55×
Capital expenditures
(130) (86) (73) (65) (57) (100) (172) (189) +10.0% (166)
Free cash flow
1,561 1,396 4,118 2,468 3,208 5,080 2,232 28 -98.7% 717 2024-08-31 · $800.8M2024-11-30 · $933.1M2025-02-28 · -$345.1M2025-05-31 · -$1.1B2025-08-31 · -$190.8M2025-11-30 · $1.7B2026-02-28 · -$463.5M2026-05-31 · -$303.2M
FCF margin
7.6% 6.3% 18.3% 9.1% 9.5% 14.8% 6.3% 0.1% -98.7% 2.2%
Cash from investing
-594 20 -280 -105 -128 -177 -303 222 — 116
Dividends paid
49 51 195 310 438 431 549 521 -5.1% 502
Share repurchases
300 523 322 1,430 1,039 1,183 2,256 1,808 -19.9% 1,249
Debt repayment
1,100 1,101 1,500 1,160 575 1,121 554 500 -9.7% —
Cash from financing
-2,196 -1,629 -2,447 -2,405 -1,277 -3,248 -3,682 -1,598 — -304
Net change in cash
-1,098 -127 1,464 23 1,860 1,755 -1,581 -1,159 — 695
Ending cash balance
1,558 1,446 2,863 2,956 4,816 6,571 4,910 3,756 -23.5% 2,174

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM2,232 CASH FROM OPERATIONS-2,187 CAPITAL EXPENDITURES-17 TO28
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-06-29 ↗