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Lennar LEN General Contractor Services — Cost of revenue

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ACMTotal Cost of Revenue
$3.5B+0.7%

Other financials

Income statement

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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

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Net margin5.4%-5.0pp
FCF margin-0.3%-4.7pp

Returns & leverage

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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:CostOfGoodsAndServicesSold.

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 general contractor services — cost of revenue?
Lennar (LEN) reported general contractor services — cost of revenue of $41.19M in Q1 2026.
How has Lennar's general contractor services — cost of revenue changed year-over-year?
Lennar's general contractor services — cost of revenue increased by 49.3% year-over-year, from $27.59M to $41.19M.
What is the long-term trend for Lennar's general contractor services — cost of revenue?
Over 4 years (2021 to 2025), Lennar's general contractor services — cost of revenue has grown at a -27.7% compound annual growth rate (CAGR), from $533.4M to $145.84M.
What does general contractor services — cost of revenue mean?
This metric captures the direct costs incurred to deliver general contracting and construction management services, including labor, materials, equipment rentals, and payments to subcontractors. It is a key indicator of the operational efficiency and cost control measures applied to service-based construction projects. Monitoring this helps assess the profitability margins of the company's non-homebuilding construction activities.