Lennar Multifamily — Cost and expenses decreased by 50.6% to $90.43M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 23.2%, from $73.38M to $90.43M. Over 4 years (FY 2021 to FY 2025), Multifamily — Cost and expenses shows an upward trend with a 3.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising costs relative to revenue indicate margin compression, while stable or declining costs relative to revenue suggest improved operational efficiency.
The total costs incurred by the multifamily segment to generate revenue, including construction materials, labor, overhe...
Standard operating expense metric for business segments in the construction and real estate industry.
len_segment_multifamily_cost_and_expenses| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $168.93M | $174.41M | $178.42M | $263.74M | $175.15M | $215.43M | $194.61M | $148.96M | $154.35M | $139.76M | $130.59M | $132.67M | $102.21M | $184.71M | $101.88M | $73.38M | $254.68M | $238.79M | $183.17M | $90.43M |
| QoQ Change | — | +3.2% | +2.3% | +47.8% | -33.6% | +23.0% | -9.7% | -23.5% | +3.6% | -9.5% | -6.6% | +1.6% | -23.0% | +80.7% | -44.8% | -28.0% | +247.1% | -6.2% | -23.3% | -50.6% |
| YoY Change | — | — | — | — | +3.7% | +23.5% | +9.1% | -43.5% | -11.9% | -35.1% | -32.9% | -10.9% | -33.8% | +32.2% | -22.0% | -44.7% | +149.2% | +29.3% | +79.8% | +23.2% |