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Lennar LEN Central — Net additions to operating properties and equipment

Other segment segments

Other
$69.25M+27.8%
West
$9.88M+160%
South Central
$1.74M
East
$297K-56.8%

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TMHCCentral — Other assets
$239.23M+7.4%

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

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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

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Operating cash flow-$284.4M+74.0%
CapEx$18.9M+23.9%
Free cash flow-$303.2M+72.7%

Valuation

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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×

Where this comes from

Reported directly by Lennar in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForProceedsFromProductiveAssets.

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

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Questions, answered.

What is Lennar's central — net additions to operating properties and equipment?
Lennar (LEN) reported central — net additions to operating properties and equipment of $713.5K in Q3 2025.
How has Lennar's central — net additions to operating properties and equipment changed year-over-year?
Lennar's central — net additions to operating properties and equipment decreased by 22.0% year-over-year, from $914.75K to $713.5K.
What is the long-term trend for Lennar's central — net additions to operating properties and equipment?
Over 4 years (2021 to 2025), Lennar's central — net additions to operating properties and equipment has grown at a 85.9% compound annual growth rate (CAGR), from $239K to $2.85M.
What does central — net additions to operating properties and equipment mean?
This metric represents the net capital expenditure invested in physical assets, such as machinery, equipment, and operational facilities, specifically allocated to the Central homebuilding segment. It reflects the cash outflows for acquiring new assets minus any proceeds from the disposal of existing assets within this geographic or operational division. This figure is a key indicator of the segment's commitment to maintaining and expanding its operational infrastructure.