Lennar Corporation (LEN) — Cash Flow Quality Index
Lennar Corporation (LEN) has a Cash Flow Quality Index of 3.53x as of November 2025. Operating cash flow of $1.76 Billion exceeds net income of $497.96 Million, indicating high earnings quality where cash backs reported profits. Explore LEN debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Lennar Corporation Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Lennar Corporation across 34 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Lennar Corporation generate cash.
Annual Cash Flow Quality Index for Lennar Corporation (1989–2025)
Year-by-year earnings quality comparison for Lennar Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.10x | $216.81 Million | $2.11 Billion | ▼ -83.0% |
| 2024 | 0.61x | $2.40 Billion | $3.97 Billion | ▼ -53.7% |
| 2023 | 1.31x | $5.18 Billion | $3.96 Billion | ▲ +86.1% |
| 2022 | 0.70x | $3.27 Billion | $4.65 Billion | ▲ +23.6% |
| 2021 | 0.57x | $2.53 Billion | $4.46 Billion | ▼ -66.5% |
| 2020 | 1.70x | $4.19 Billion | $2.47 Billion | ▲ +111.1% |
| 2019 | 0.80x | $1.48 Billion | $1.84 Billion | ▼ -19.3% |
| 2018 | 1.00x | $1.71 Billion | $1.72 Billion | ▼ -22.8% |
| 2017 | 1.29x | $996.86 Million | $771.75 Million | ▲ +132.3% |
| 2016 | 0.56x | $507.80 Million | $913.09 Million | ▲ +208.6% |
| 2015 | -0.51x | $-419.65 Million | $819.20 Million | ▲ +59.2% |
| 2014 | -1.25x | $-788.49 Million | $628.69 Million | ▲ +21.6% |
| 2013 | -1.60x | $-807.71 Million | $504.93 Million | ▼ -147.6% |
| 2012 | -0.65x | $-424.65 Million | $657.33 Million | ▲ +71.9% |
| 2011 | -2.30x | $-259.13 Million | $112.54 Million | ▼ -201.1% |
| 2010 | 2.28x | $274.23 Million | $120.46 Million | ▲ +143.7% |
| 2006 | 0.93x | $554.65 Million | $593.87 Million | ▲ +223.8% |
| 2005 | 0.29x | $272.75 Million | $945.62 Million | ▲ +0.0% |
| 2004 | 0.29x | $272.75 Million | $945.62 Million | ▼ -62.7% |
| 2003 | 0.77x | $580.80 Million | $751.39 Million | ▲ +106.0% |
| 2002 | 0.38x | $204.57 Million | $545.13 Million | ▲ +164.9% |
| 2001 | 0.14x | $59.20 Million | $417.85 Million | ▼ -93.2% |
| 2000 | 2.09x | $479.40 Million | $229.14 Million | ▲ +197.9% |
| 1999 | 0.70x | $121.30 Million | $172.70 Million | ▲ +60.1% |
| 1998 | 0.44x | $63.20 Million | $144.10 Million | ▲ +140.6% |
| 1997 | -1.08x | $-91.10 Million | $84.40 Million | ▼ -878.6% |
| 1996 | 0.14x | $12.20 Million | $88.00 Million | ▲ +174.5% |
| 1995 | -0.19x | $-13.10 Million | $70.40 Million | ▼ -112.5% |
| 1994 | 1.49x | $101.80 Million | $68.20 Million | ▲ +214.4% |
| 1993 | -1.30x | $-68.50 Million | $52.50 Million | ▲ +47.5% |
| 1992 | -2.48x | $-72.30 Million | $29.10 Million | ▼ -96.3% |
| 1991 | -1.27x | $-26.70 Million | $21.10 Million | ▼ -145.6% |
| 1990 | 2.77x | $38.00 Million | $13.70 Million | ▲ +3017.7% |
| 1989 | 0.09x | $2.50 Million | $28.10 Million | — |