Lennar LEN Financial Services — Net deferred tax assets

Other segment segments

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PCARFinancial Services — Deferred Tax Assets Net

$76.1M+26.6%

PCARFinancial Services — Deferred Tax Liabilities

$532M+2.5%

APORetirement Services — Deferred Tax Assets, Net

$4.61B-21.8%

KKRAsset Management and Strategic Holdings — Deferred Tax Assets, net

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ALLYNet deferred tax assets, Deferred tax asset

$2.45B+19.8%

MSCIDeferred Tax Assets, Net of Valuation Allowance

$189.76M+3.9%

Questions, answered.

What is Lennar's financial services — net deferred tax assets?

Lennar (LEN) reported financial services — net deferred tax assets of $32.09M in Q3 2025.

What does financial services — net deferred tax assets mean?

This represents the future tax benefits that the financial services segment expects to realize based on temporary differences between accounting and tax reporting. It reflects the segment's long-term tax position and potential future cash flow advantages.