What is Lennar's goodwill?

Lennar (LEN) reported goodwill of $3.63B in Q3 2025.

What is the long-term trend for Lennar's goodwill?

Over 2 years (2020 to 2025), Lennar's goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $3.63B to $3.63B.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

Lennar LEN Goodwill

Discontinued — last reported Q4 '25

Goodwill at other companies

M/I HomesMHO

$16.4M0.0%

PultegroupPHM

$40.38M-41.4%

Meritage HomesMTH

$32.96M0.0%

D.R. HortonDHI

$163.5M0.0%

Beazer Homes USA, Inc.BZH

$11.38M0.0%

Green Brick PartnersGRBK

$680K0.0%

Segments

By segment

See full

Lennar Financial Services$189.7M—

Lennar Other$0—

Other financials

Income statement

See full

Revenue$7.9B-5.2%

Net income$304.8M-36.2%

EPS (diluted)$2.57+24.8%

Balance sheet

See full

Cash & equivalents$2.2B+47.0%

Total debt$233.8M-12.2%

Total equity$21.6B-4.2%

Total assets$33.7B-2.0%

Cash flow

See full

Operating cash flow-$284.4M+74.0%

CapEx$18.9M+23.9%

Free cash flow-$303.2M+72.7%

Valuation

See full

Market cap$21.8B-26.6%

Enterprise value$19.86B-31.2%

P/E13.5×+3.4×

P/S0.7×-0.2×

Profitability

See full

Net margin5.4%-5.0pp

FCF margin-0.3%-4.7pp

Returns & leverage

See full

Return on equity8%-7.1pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Lennar in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Lennar’s 10-K, filed January 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about Lennar's goodwill.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Lennar's goodwill?: Lennar (LEN) reported goodwill of $3.63B in Q3 2025.
What is the long-term trend for Lennar's goodwill?: Over 2 years (2020 to 2025), Lennar's goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $3.63B to $3.63B.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.