Operating

D&A

Lennar D&A decreased by 4.6% to $33.39M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.6%, from $31.33M to $33.39M. Over 4 years (FY 2021 to FY 2025), D&A shows an upward trend with a 11.8% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

Higher levels indicate significant capital investment in infrastructure or acquisitions, while lower levels may suggest aging assets or limited capital expenditure.

Detailed definition

This represents the non-cash expense allocated to the cost of tangible and intangible assets over their useful lives. Be...

Peer comparison

High in capital-intensive industries like manufacturing and healthcare devices; lower in service-based sectors.

Metric ID: depreciation_and_amortization_cf

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$22.42M$21.10M$20.11M$20.09M$19.43M$18.40M$29.15M$20.31M$23.73M$37.11M$29.02M$27.14M$28.61M$29.37M$30.41M$31.33M$33.83M$34.17M$34.98M$33.39M
QoQ Change-5.9%-4.7%-0.1%-3.3%-5.3%+58.4%-30.4%+16.9%+56.3%-21.8%-6.5%+5.4%+2.7%+3.5%+3.0%+8.0%+1.0%+2.4%-4.6%
YoY Change-13.3%-12.8%+45.0%+1.1%+22.2%+101.6%-0.5%+33.7%+20.5%-20.8%+4.8%+15.5%+18.2%+16.3%+15.0%+6.6%
Range$18.40M$37.11M
CAGR+8.7%
Avg YoY Growth+15.8%
Median YoY Growth+15.2%

Business Segments

View all
SegmentFY'21FY'22FY'23FY'24FY'25
West$49.69M$54.06M$62.37M$58.37M$57.21M
Central$16.12M$17.02M$27.59M$29.04M$30.59M
East$24.53M$23.08M$32.77M$30.82M$27.68M
Other$1.24M$774.00K$286.00K$346.00K$14.21M
South Central$11.34M
Texas$9.82M$9.35M$10.23M
Total$85.95M$87.08M$110.16M$115.53M$134.31M

All segment values are derived from annual filings.

Texas was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Lennar's d&a?
Lennar (LEN) reported d&a of $33.39M in Q4 2025.
How has Lennar's d&a changed year-over-year?
Lennar's d&a increased by 6.6% year-over-year, from $31.33M to $33.39M.
What is the long-term trend for Lennar's d&a?
Over 4 years (2021 to 2025), Lennar's d&a has grown at a 11.8% compound annual growth rate (CAGR), from $85.95M to $134.31M.
What does d&a mean?
The non-cash accounting expense for the wear and tear or expiration of assets.