Business Segments · Accordion feature
Homebuilding — Accordion feature
Lennar Homebuilding — Accordion feature remained flat by 0.0% to $375.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 21.1%, from $475.00M to $375.00M. Over 4 years (FY 2021 to FY 2025), Homebuilding — Accordion feature shows an upward trend with a 9.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ2 2016
Last reportedQ1 2026
How to read this metric
The presence of an accordion feature indicates strong credit standing and proactive liquidity management.
Detailed definition
This refers to a contractual provision in a credit agreement that allows the company to increase the size of its existin...
Peer comparison
Common in corporate credit agreements for large-scale homebuilders.
Metric ID:
len_segment_homebuilding_accordion_featureHistorical Data
20 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $300.00M | $300.00M | $300.00M | $300.00M | $425.00M | $425.00M | $425.00M | $425.00M | $425.00M | $425.00M | $425.00M | $425.00M | $425.00M | $425.00M | $625.00M | $475.00M | $475.00M | $375.00M | $375.00M | $375.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +41.7% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +47.1% | -24.0% | +0.0% | -21.1% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +41.7% | +41.7% | +41.7% | +41.7% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +47.1% | +11.8% | +11.8% | -11.8% | -40.0% | -21.1% |
Range$300.00M – $625.00M
CAGR+4.8%
Avg YoY Growth+10.3%
Median YoY Growth+0.0%
Current Streak2 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Lennar's homebuilding — accordion feature?
- Lennar (LEN) reported homebuilding — accordion feature of $375.00M in Q4 2025.
- How has Lennar's homebuilding — accordion feature changed year-over-year?
- Lennar's homebuilding — accordion feature decreased by 21.1% year-over-year, from $475.00M to $375.00M.
- What is the long-term trend for Lennar's homebuilding — accordion feature?
- Over 4 years (2021 to 2025), Lennar's homebuilding — accordion feature has grown at a 9.1% compound annual growth rate (CAGR), from $1.20B to $1.70B.
- What does homebuilding — accordion feature mean?
- A feature in a loan agreement that allows the borrower to increase the total credit limit.