What is Lennar's central — SG&A?

Lennar (LEN) reported central — SG&A of $178.48M in Q1 2026.

How has Lennar's central — SG&A changed year-over-year?

Lennar's central — SG&A increased by 7.6% year-over-year, from $165.83M to $178.48M.

What does central — SG&A mean?

Operating expenses incurred to support the Central segment's homebuilding operations, excluding direct construction costs. This includes regional management salaries, marketing, and administrative overhead.

Lennar LEN Central — SG&A

Other segment segments

West

$210.42M-3.1%

East

$169.06M+1.0%

South Central

$135.09M+7.3%

Other

$5.35M-57.7%

Similar metrics at other companies

SDHCCentral — Selling, general and administrative costs

$9.06M+5.3%

KNFCentral — Selling, general and administrative expenses

$23.27M+26.0%

TMHCCentral — General and administrative expenses

$8.51M+5.3%

MOG.BCorporate Segment and Other Operating Segment — SG&A

$7.76M-9.4%

TOLSouth — SG&A

$59.78M+1.7%

HDPrimary Segment — SG&A

$7.36B+2.7%

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:SellingGeneralAndAdministrativeExpense.

The official record: Lennar’s 10-Q, filed June 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lennar's central — SG&A?: Lennar (LEN) reported central — SG&A of $178.48M in Q1 2026.
How has Lennar's central — SG&A changed year-over-year?: Lennar's central — SG&A increased by 7.6% year-over-year, from $165.83M to $178.48M.
What does central — SG&A mean?: Operating expenses incurred to support the Central segment's homebuilding operations, excluding direct construction costs. This includes regional management salaries, marketing, and administrative overhead.