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FBS Global vs Lennar: revenue, profit, margins and growth compared

FBS Global brought in $19.1M of revenue in fiscal 2025, Lennar $34.2B in fiscal 2025. Revenue changed by +84.3% at FBS Global and -3.5% at Lennar on the year before, so FBS Global grew faster. FBS Global kept -7.9% of its revenue as net profit, Lennar 6.1%. Free cash flow was -$3.1M at FBS Global and $28.2M at Lennar.

Side by side, latest fiscal year

FBGLLEN
Fiscal year endedFY2025 (December 31, 2025)FY2025 (November 30, 2025)
Revenue$19.1M$34.2B
Revenue growth+84.3%-3.5%
Net income-$1.5M$2.1B
Net margin-7.9%6.1%
Free cash flow-$3.1M$28.2M
Free cash flow margin-16.2%0.1%
Earnings per share (diluted)-$0.11$7.98
Cash$3.9M$3.8B
Debt$95.4K$5.9B
Price to earningsn/a10.3
Market value$5.1M$19.8B
Dividend yieldn/an/a
Rank by revenue in sector#831 of 955 · Consumer discretionary#31 of 955 · Consumer discretionary

Over the years

Revenue
FBGL FY2023: $16.1MFBGL FY2024: $10.4MFBGL FY2025: $19.1MLEN FY2018: $20.6BLEN FY2019: $22.3BLEN FY2020: $22.5BLEN FY2021: $27.1BLEN FY2022: $33.7BLEN FY2023: $34.2BLEN FY2024: $35.4BLEN FY2025: $34.2BFY18FY19FY20FY21FY22FY23FY24FY25
FBGL $19.1MLEN $34.2B
Net income
FBGL FY2023: $51.5KFBGL FY2023: $3.5KFBGL FY2024: -$610.8KFBGL FY2025: -$1.5MLEN FY2018: $1.7BLEN FY2019: $1.8BLEN FY2020: $2.5BLEN FY2021: $4.4BLEN FY2022: $4.6BLEN FY2023: $3.9BLEN FY2024: $3.9BLEN FY2025: $2.1BFY18FY19FY20FY21FY22FY23FY24FY25
FBGL -$1.5MLEN $2.1B
Net margin
FBGL FY2023: 0.0%FBGL FY2024: -5.9%FBGL FY2025: -7.9%LEN FY2018: 8.2%LEN FY2019: 8.3%LEN FY2020: 11.0%LEN FY2021: 16.3%LEN FY2022: 13.7%LEN FY2023: 11.5%LEN FY2024: 11.1%LEN FY2025: 6.1%FY18FY19FY20FY21FY22FY23FY24FY25
FBGL -7.9%LEN 6.1%
Revenue growth
FBGL FY2024: -35.7%FBGL FY2025: +84.3%LEN FY2019: +8.2%LEN FY2020: +1.0%LEN FY2021: +20.6%LEN FY2022: +24.1%LEN FY2023: +1.7%LEN FY2024: +3.5%LEN FY2025: -3.5%FY19FY20FY21FY22FY23FY24FY25
FBGL +84.3%LEN -3.5%
Free cash flow
FBGL FY2023: $2.7MFBGL FY2024: -$147.9KFBGL FY2025: -$3.1MLEN FY2018: $1.6BLEN FY2019: $1.4BLEN FY2020: $4.1BLEN FY2021: $2.5BLEN FY2022: $3.2BLEN FY2023: $5.1BLEN FY2024: $2.2BLEN FY2025: $28.2MFY18FY19FY20FY21FY22FY23FY24FY25
FBGL -$3.1MLEN $28.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about FBS Global and Lennar

Which is bigger by revenue, FBS Global or Lennar?

Lennar is bigger by revenue: $34.2B in fiscal 2025, against $19.1M for FBS Global in fiscal 2025.

Which keeps more of its revenue as profit, FBS Global or Lennar?

FBS Global had a net margin of -7.9% in fiscal 2025; Lennar had 6.1% in fiscal 2025.

Which grew revenue faster, FBS Global or Lennar?

In their latest fiscal years revenue changed by +84.3% at FBS Global and -3.5% at Lennar.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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