Business Segments · Deposits and pre-acquisition costs on real estate
Homebuilding — Deposits and pre-acquisition costs on real estate
Lennar Homebuilding — Deposits and pre-acquisition costs on real estate increased by 6.9% to $6.82B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 32.2%, from $5.16B to $6.82B.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2026
How to read this metric
Rising deposits suggest an aggressive expansion of the land pipeline, while declining deposits may indicate a more cautious approach to future growth.
Detailed definition
The capital outlays made by the homebuilding segment to secure land purchase options or conduct due diligence before fin...
Peer comparison
Standard metric for tracking early-stage land acquisition activity in the homebuilding industry.
Metric ID:
len_segment_homebuilding_deposits_and_pre_acquisition_costs_on_real_estateHistorical Data
11 periods
| Q3 '22 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.73B | $2.00B | $2.41B | $2.75B | $2.98B | $3.63B | $5.16B | $5.27B | $6.01B | $6.38B | $6.82B |
| QoQ Change | — | +15.5% | +20.3% | +14.4% | +8.2% | +21.7% | +42.4% | +2.0% | +14.2% | +6.2% | +6.9% |
| YoY Change | — | +15.5% | — | — | — | +81.1% | +114.3% | +91.1% | +101.8% | +76.1% | +32.2% |
Range$1.73B – $6.82B
CAGR+73.0%
Avg YoY Growth+73.1%
Median YoY Growth+81.1%
Current Streak10+ quarters growth
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Frequently Asked Questions
- What is Lennar's homebuilding — deposits and pre-acquisition costs on real estate?
- Lennar (LEN) reported homebuilding — deposits and pre-acquisition costs on real estate of $6.82B in Q4 2025.
- How has Lennar's homebuilding — deposits and pre-acquisition costs on real estate changed year-over-year?
- Lennar's homebuilding — deposits and pre-acquisition costs on real estate increased by 32.2% year-over-year, from $5.16B to $6.82B.
- What does homebuilding — deposits and pre-acquisition costs on real estate mean?
- Money spent by the homebuilding segment to secure land options and perform due diligence.