FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8P

Three-Statement Breakdown

LEN
2026-05-31 · figures in $M

FCF UP

Free cash flow moved from -$90.2M to $716.8M, and covered net income 0.44×.

CASH FROM OPS +1120.4%
883 2.7% MGN
CAPITAL EXPENDITURE +2.2%
166
FREE CASH FLOW —
717
FCF / NET INCOME —
0.44× TARGET >1.0×
Cash flow TTM 24-08 TTM 24-11 TTM 25-02 TTM 25-05 TTM 25-08 TTM 25-11 TTM 26-02 vs prior TTM YoY TTM 8Q
Net income
10-Q
4,198 3,933 3,733 3,256 2,684 2,078 1,788 1,615 -9.7% -50.4% 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
114 116 120 125 130 134 136 138 +1.1% +10.3% 138
Stock-based comp
175 177 173 167 161 163 142 139 -1.8% -16.8% 139
Cash from operations
4,018 2,403 1,746 410 -568 217 72 883 12.2× +115.5% 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
0.96× 0.61× 0.47× 0.13× -0.21× 0.10× 0.04× 0.55× +1250.9% +334.4% 0.55×
Capital expenditures
(176) (172) (155) (131) (145) (189) (163) (166) +2.2% +26.9% (166)
Free cash flow
3,842 2,232 1,592 279 -713 28 -90 717 — +157.2% 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
10.5% 6.3% 4.5% 0.8% -2.1% 0.1% -0.3% 2.2% — +177.9% 2.2%
Cash from investing
-239 -303 -133 155 50 222 293 116 -60.4% -25.1% 116
Dividends paid
519 549 541 536 529 521 513 502 -2.1% -6.2% 502
Share repurchases
2,070 2,256 2,436 2,348 2,335 1,808 1,304 1,249 -4.2% -46.8% 1,249
Debt repayment
NOT DISCLOSED
— — — 515 515 515 580 — — — —
Cash from financing
-3,592 -3,682 -4,287 -3,007 -2,036 -1,598 -559 -304 — — -304
Net change in cash
187 -1,581 -2,673 -2,442 -2,554 -1,159 -193 695 — — 695
Ending cash balance
4,311 4,910 2,588 1,479 1,757 3,756 2,395 2,174 -9.2% +47.0% 2,174

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SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM-90 CASH FROM OPERATIONS+811 CAPITAL EXPENDITURES-4 TO717
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-06-29 ↗