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Side-by-side financial comparison of BROOKFIELD Corp (BN) and Lennar (LEN). Click either name above to swap in a different company.
BROOKFIELD Corp is the larger business by last-quarter revenue ($18.1B vs $9.4B, roughly 1.9× Lennar). BROOKFIELD Corp runs the higher net margin — 5.8% vs 5.2%, a 0.6% gap on every dollar of revenue. Lennar produced more free cash flow last quarter ($1.7B vs $-745.0M).
Brookfield Properties is a North American subsidiary of commercial real estate firm Brookfield Property Partners, which itself is a subsidiary of alternative asset management company Brookfield Corporation. It is responsible for the asset management of the company's real estate portfolio, including office, multi-family residential, retail, hospitality, and logistics buildings.
Lennar Corporation is an American home construction company based in Miami-Dade County, Florida. As of 2025, it is the second-largest home construction company in the United States based on the number of homes sold. Lennar has investments in multifamily and single-family residential rental properties, luxury development, property technology with LenX, and mortgage lending from Lennar Mortgage.
BN vs LEN — Head-to-Head
Income Statement — Q2 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $18.1B | $9.4B |
| Net Profit | $1.1B | $490.2M |
| Gross Margin | — | — |
| Operating Margin | — | 7.3% |
| Net Margin | 5.8% | 5.2% |
| Revenue YoY | — | -5.8% |
| Net Profit YoY | — | -55.3% |
| EPS (diluted) | $0.15 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $9.4B | ||
| Q3 25 | — | $8.8B | ||
| Q2 25 | $18.1B | $8.4B | ||
| Q1 25 | — | $7.6B | ||
| Q4 24 | — | $9.9B | ||
| Q3 24 | — | $9.4B | ||
| Q2 24 | — | $8.8B | ||
| Q1 24 | — | $7.3B |
| Q4 25 | — | $490.2M | ||
| Q3 25 | — | $591.0M | ||
| Q2 25 | $1.1B | $477.4M | ||
| Q1 25 | — | $519.5M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $954.3M | ||
| Q1 24 | — | $719.3M |
| Q4 25 | — | 7.3% | ||
| Q3 25 | — | 9.0% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | — | 9.1% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | — | 16.3% | ||
| Q2 24 | — | 14.4% | ||
| Q1 24 | — | 12.7% |
| Q4 25 | — | 5.2% | ||
| Q3 25 | — | 6.7% | ||
| Q2 25 | 5.8% | 5.7% | ||
| Q1 25 | — | 6.8% | ||
| Q4 24 | — | 11.0% | ||
| Q3 24 | — | 12.3% | ||
| Q2 24 | — | 10.9% | ||
| Q1 24 | — | 9.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | $2.29 | ||
| Q2 25 | $0.15 | $1.81 | ||
| Q1 25 | — | $1.96 | ||
| Q4 24 | — | $4.03 | ||
| Q3 24 | — | $4.26 | ||
| Q2 24 | — | $3.45 | ||
| Q1 24 | — | $2.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $13.7B | $3.8B |
| Total DebtLower is stronger | — | $5.9B |
| Stockholders' EquityBook value | $161.6B | $22.0B |
| Total Assets | $506.1B | $34.4B |
| Debt / EquityLower = less leverage | — | 0.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | — | ||
| Q2 25 | $13.7B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $4.9B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $5.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $22.0B | ||
| Q3 25 | — | $22.6B | ||
| Q2 25 | $161.6B | $22.6B | ||
| Q1 25 | — | $22.7B | ||
| Q4 24 | — | $27.9B | ||
| Q3 24 | — | $27.4B | ||
| Q2 24 | — | $26.9B | ||
| Q1 24 | — | $26.6B |
| Q4 25 | — | $34.4B | ||
| Q3 25 | — | $34.9B | ||
| Q2 25 | $506.1B | $34.4B | ||
| Q1 25 | — | $35.0B | ||
| Q4 24 | — | $41.3B | ||
| Q3 24 | — | $39.7B | ||
| Q2 24 | — | $38.7B | ||
| Q1 24 | — | $39.0B |
| Q4 25 | — | 0.27× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.15× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $2.0B | $1.8B |
| Free Cash FlowOCF − Capex | $-745.0M | $1.7B |
| FCF MarginFCF / Revenue | -4.1% | 17.9% |
| Capex IntensityCapex / Revenue | 15.2% | 0.9% |
| Cash ConversionOCF / Net Profit | 1.91× | 3.59× |
| TTM Free Cash FlowTrailing 4 quarters | — | $28.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $-158.6M | ||
| Q2 25 | $2.0B | $-1.1B | ||
| Q1 25 | — | $-289.0M | ||
| Q4 24 | — | $974.5M | ||
| Q3 24 | — | $819.2M | ||
| Q2 24 | — | $241.8M | ||
| Q1 24 | — | $367.9M |
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | $-190.8M | ||
| Q2 25 | $-745.0M | $-1.1B | ||
| Q1 25 | — | $-345.1M | ||
| Q4 24 | — | $933.1M | ||
| Q3 24 | — | $800.8M | ||
| Q2 24 | — | $203.0M | ||
| Q1 24 | — | $294.9M |
| Q4 25 | — | 17.9% | ||
| Q3 25 | — | -2.2% | ||
| Q2 25 | -4.1% | -13.3% | ||
| Q1 25 | — | -4.5% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | — | 8.5% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 4.0% |
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | 15.2% | 0.2% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 1.0% |
| Q4 25 | — | 3.59× | ||
| Q3 25 | — | -0.27× | ||
| Q2 25 | 1.91× | -2.29× | ||
| Q1 25 | — | -0.56× | ||
| Q4 24 | — | 0.89× | ||
| Q3 24 | — | 0.70× | ||
| Q2 24 | — | 0.25× | ||
| Q1 24 | — | 0.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BN
Segment breakdown not available.
LEN
| Lennar Homebuilding East Central West Houstonand Other | $8.9B | 95% |
| Lennar Financial Services | $308.8M | 3% |
| Lennar Multifamily | $158.7M | 2% |
| Lennar Other | $14.8M | 0% |
| Homebuilding Other Regions | $3.9M | 0% |