Products & Services · Revenue

Management Fee — Revenue

Lennar Management Fee — Revenue decreased by 88.6% to $2.84M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 59.0%, from $6.94M to $2.84M. Over 4 years (FY 2021 to FY 2025), Management Fee — Revenue shows a downward trend with a -12.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase suggests successful expansion of the company's asset-light business model and deeper penetration into real estate investment management, while a decrease may indicate reduced assets under management or lower fee structures.

Detailed definition

This metric represents the recurring revenue generated from fees charged for managing real estate assets, investment veh...

Peer comparison

Comparable to asset management fees or service-based income streams reported by diversified real estate developers and alternative asset managers.

Metric ID: len_segment_management_fee_revenues

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$14.19M$13.82M$30.16M$13.13M$16.33M$17.51M$37.65M$18.12M$17.49M$16.88M$31.71M$16.04M$13.67M$10.92M$21.76M$6.94M$6.44M$5.13M$24.94M$2.84M
QoQ Change-2.6%+118.2%-56.5%+24.4%+7.3%+115.0%-51.9%-3.5%-3.5%+87.8%-49.4%-14.8%-20.1%+99.3%-68.1%-7.3%-20.4%+386.6%-88.6%
YoY Change+15.1%+26.7%+24.8%+38.0%+7.1%-3.6%-15.8%-11.5%-21.9%-35.3%-31.4%-56.7%-52.9%-53.0%+14.6%-59.0%
Range$2.84M$37.65M
CAGR-28.7%
Avg YoY Growth-13.4%
Median YoY Growth-13.6%

Frequently Asked Questions

What is Lennar's management fee — revenue?
Lennar (LEN) reported management fee — revenue of $2.84M in Q4 2025.
How has Lennar's management fee — revenue changed year-over-year?
Lennar's management fee — revenue decreased by 59.0% year-over-year, from $6.94M to $2.84M.
What is the long-term trend for Lennar's management fee — revenue?
Over 4 years (2021 to 2025), Lennar's management fee — revenue has grown at a -12.2% compound annual growth rate (CAGR), from $73.04M to $43.44M.
What does management fee — revenue mean?
Revenue earned from providing management and advisory services to real estate investment vehicles or joint ventures.