Lennar Inventory Owned decreased by 36.5% to $9.92B in Q3 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Inventory Owned shows a downward trend with a -17.0% CAGR.
An increase indicates a strategic build-up of land banks for future growth, while a decrease may suggest a shift toward capital-light strategies.
This represents the long-term portion of inventory owned by the company that is not expected to be sold within the next...
Standard across the homebuilding industry, reflecting the size and duration of land pipelines.
non_current_assets_inventory_owned| Q3 '22 | Q3 '23 | Q3 '24 | Q3 '25 | |
|---|---|---|---|---|
| Value | $17.37B | $15.36B | $15.63B | $9.92B |
| QoQ Change | — | -11.6% | +1.8% | -36.5% |
| YoY Change | — | -11.6% | +1.8% | -36.5% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Homebuilding | $16.15B | $16.25B | $15.63B | $10.15B | $11.38B | $11.12B | $9.92B | $10.48B |
| Total | — | — | $15.63B | — | — | — | $9.92B | — |