Business Segments · SG&A

West — SG&A

Lennar West — SG&A decreased by 5.5% to $191.17M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $202.38M to $191.17M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026
Rolls up toSG&A

How to read this metric

An increase relative to revenue may signal declining operational efficiency or higher marketing spend to drive sales.

Detailed definition

Operating expenses incurred by the West segment for sales, marketing, and general administrative functions. This capture...

Peer comparison

Standard SG&A metric found in segment reporting for all large-cap homebuilders.

Metric ID: len_segment_west_selling_general_and_administrative

Historical Data

10 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q4 '25
Value$164.57M$164.57M$164.57M$164.57M$190.60M$190.60M$190.60M$190.60M$202.38M$191.17M
QoQ Change+0.0%+0.0%+0.0%+15.8%+0.0%+0.0%+0.0%+6.2%-5.5%
YoY Change+15.8%+15.8%+15.8%+15.8%+6.2%-5.5%
Range$164.57M$202.38M
CAGR+6.9%
Avg YoY Growth+10.7%
Median YoY Growth+15.8%

Frequently Asked Questions

What is Lennar's west — sg&a?
Lennar (LEN) reported west — sg&a of $191.17M in Q4 2025.
How has Lennar's west — sg&a changed year-over-year?
Lennar's west — sg&a decreased by 5.5% year-over-year, from $202.38M to $191.17M.
What does west — sg&a mean?
The overhead and administrative costs of running the West homebuilding business.