Lennar Central — SG&A decreased by 2.7% to $148.21M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 2.7%, from $152.32M to $148.21M. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue may signal declining operational efficiency or higher regional marketing spend.
Operating expenses incurred to support the Central segment's homebuilding operations, excluding direct construction cost...
Standard SG&A metric for regional business units.
len_segment_central_selling_general_and_administrative| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $141.46M | $141.46M | $141.46M | $141.46M | $159.61M | $159.61M | $159.61M | $159.61M | $152.32M | $148.21M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +12.8% | +0.0% | +0.0% | +0.0% | -4.6% | -2.7% |
| YoY Change | — | — | — | — | +12.8% | +12.8% | +12.8% | +12.8% | -4.6% | -2.7% |