Products & Services · Cost of Sales

Home — Cost of Sales

Lennar Home — Cost of Sales decreased by 9.6% to $5.32B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 9.6%, from $5.89B to $5.32B. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026

How to read this metric

An increase relative to revenue signals margin compression due to rising construction costs or inefficiencies, while a decrease relative to revenue suggests improved cost control or favorable material pricing.

Detailed definition

This metric captures the direct expenses incurred to construct and deliver residential properties, including land acquis...

Peer comparison

Comparable to 'Cost of Goods Sold' or 'Construction Costs' in the residential real estate development sector.

Metric ID: len_segment_home_cost_of_sales

Historical Data

10 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q4 '25
Value$6.23B$6.23B$6.23B$6.23B$6.56B$6.56B$6.56B$6.56B$5.89B$5.32B
QoQ Change+0.0%+0.0%+0.0%+5.4%+0.0%+0.0%+0.0%-10.3%-9.6%
YoY Change+5.4%+5.4%+5.4%+5.4%-10.3%-9.6%
Range$5.32B$6.56B
CAGR-6.7%
Avg YoY Growth+0.3%
Median YoY Growth+5.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is Lennar's home — cost of sales?
Lennar (LEN) reported home — cost of sales of $5.32B in Q4 2025.
How has Lennar's home — cost of sales changed year-over-year?
Lennar's home — cost of sales decreased by 9.6% year-over-year, from $5.89B to $5.32B.
What does home — cost of sales mean?
The total direct costs associated with building and delivering homes to customers.