The revenue of Lennar Corp with headquarters in the United States amounted to 34.23 billion U.S. dollars in 2023. The reported fiscal year ends on November 30.Compared to the earliest depicted value from 2019 this is a total increase by approximately 11.97 billion U.S. dollars. The trend from 2019 to 2023 shows, furthermore, that this increase happened continuously.

Most of the revenue of the Lennar Corporation in the financial year ended in November 2023 was generated by its home-building activities. Those activities were by far the most important for the home construction company headquartered in Florida, as they amounted to over 32 billion U.S. dollars that year. Meanwhile, Lennar's multifamily construction segment amounted to less than a billion U.S. dollars.

Lennar is a public company headquartered in Florida with an estimated 12,284 employees. In the US, the company has a notable market share in at least one industry: Housing Developers, where they account for an estimated 19.5% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to their peers.

Lennar Corp. was the homebuilder with the highest gross revenue in the United States in 2023. The Florida-based company reached a homebuilding revenue of 32.5 billion U.S. dollars. It was closely followed by D.R. Horton, which had its headquarters in Arlington (Texas) and generated a revenue of over 32 billion U.S. dollars. Challenges to the residential construction marketThe number of private housing units started fell around the time of the global financial crisis (2007-2009), but has since recovered – though not to the heights of 2006. The value of residential construction in the U.S. has been increasing since 2011. However, that trend is expected to come to an end in 2023, as housing put in place is expected to decrease in the next years. That indicates that the revenues earned by home construction companies, such as D.R. Horton, may also be affected. New home sales follow the same trend Unsurprisingly, the number of new houses sold follows the same pattern. The property crash of 2008, which was a leading factor in the global financial crisis at that time, impacted residential property sales in the United States. Although this market has recovered slowly in the years after the financial crisis, the growth in the number of new houses sold has stopped, as home sales have fallen significantly in 2021 and 2022. The number of single-family homes started began to increase in 2012, which roughly coincided in time with the period of recovery of the real estate market, but it has also decreased more recently.

Lennar reported $519.53M in Net Income for its fiscal quarter ending in February of 2025. Data for Lennar | LEN - Net Income including historical, tables and charts were last updated by Trading Economics this last March in 2025.

In 2022, Lennar and D.R. Horton were the leading construction and engineering companies in the United States based on revenue. That year, the Houston-based company, Quanta Services, generated a revenue of over 17 billion U.S. dollars. Texas was the state with the highest number of companies in the ranking, as D.R. Horton, Fluor, Jacobs, and other major companies in the industry had their headquarters in the state.

European construction companies in the U.S. Some of the largest construction companies from Europe are very active abroad and compete in some cases with local companies for projects in the U.S. For example, 17.6 percent of the revenue generated by Saint-Gobain in 2022 came from North America. In a similar manner, one of the leading contractors with its headquarters in Spain, Grupo ACS, generated roughly half of its sales revenue in the United States. The second country in which it was most active was Australia, followed by Spain, its home market, in third place. There are also other smaller European construction firms for which the American market makes up a significant share of their turnover.

U.S. construction companies AECOM is a company from Dallas that provides construction, architecture, design, and engineering services. During the coronavirus pandemic in 2020, AECOM helped complete two temporary hospitals in New York. Although the Texan firm has stayed in the ranking as one of the largest construction and engineering companies in the country, AECOM's revenue has stalled in recent years. That has allowed for other companies to catch up. That was the case for another engineering company from Texas, Jacobs Solutions, which has had several years of revenue increases, surpassing AECOM's revenue in 2020, despite having had significantly lower revenue figures in previous years.

Between 2021 and 2022, Barratt Developments was the company with the largest housing turnover in the United Kingdom. Taylor Wimpey was the second company in the ranking, with a housebuilding revenue of 4.3 billion British pounds. In fourth place, Bellway generated a revenue of 3.5 billion British pounds in 2022. However, that only refers to the turnover that those companies generated from housing activities. What is the outlook for the UK's home construction market? Although housing construction was expected to stagnate in 2024, over the coming years the number of homes built is expected to rise at a quick pace. The projected growth of housing starts in the UK is anticipated to be 46.7 percent higher in 2028 than in 2024. A rise in construction starts would be a good sign for the market, as there is a high demand for housing which, along with other factors, has fostered increasingly higher house prices in the UK during the past years. Who are the leading home builders in the U.S.? The market size of the home building industry in the United States is even bigger than in the UK. In 2023, Miami-based Lennar Corp. and the Texas-based D.R. Horton were the largest homebuilders in the U.S. with a revenue of over 32 billion U.S. dollars. Other builders, such as PulteGroup, Toll Brothers, and NVR were also prominent players in the residential construction industry, with much higher revenue figures than their UK counterparts. The value of new residential construction in the U.S. rose significantly from 2019 to 2022 despite the COVID-19 pandemic, reaching about 910 billion U.S. dollars. However, the market is expected to decrease until 2025, which could impact the revenues of these home builders.