Lennar Operating Lease Liabilities (Total) decreased by 5.4% to $249.85M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 2.4%, from $256.08M to $249.85M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Total) shows an upward trend with a 16.5% CAGR.
An increase indicates expansion of the leased asset base, while a decrease suggests a reduction in lease commitments or the expiration of lease terms.
This represents the total present value of future lease payments for operating leases, recognized as a liability on the...
Standardized under modern accounting rules, allowing for direct comparison of lease-based financing across companies in the same sector.
operating_lease_liabilities_total| 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 | $165.76M | $165.10M | $163.51M | $161.21M | $158.57M | $160.61M | $158.83M | $152.16M | $147.22M | $146.01M | $154.27M | $112.67M | $162.57M | $232.69M | $262.12M | $256.08M | $266.27M | $275.60M | $264.16M | $249.85M |
| QoQ Change | — | -0.4% | -1.0% | -1.4% | -1.6% | +1.3% | -1.1% | -4.2% | -3.2% | -0.8% | +5.7% | -27.0% | +44.3% | +43.1% | +12.6% | -2.3% | +4.0% | +3.5% | -4.2% | -5.4% |
| YoY Change | — | — | — | — | -4.3% | -2.7% | -2.9% | -5.6% | -7.2% | -9.1% | -2.9% | -26.0% | +10.4% | +59.4% | +69.9% | +127.3% | +63.8% | +18.4% | +0.8% | -2.4% |