Business Segments · Total Costs & Expenses
Homebuilding — Total Costs & Expenses
Lennar Homebuilding — Total Costs & Expenses decreased by 8.7% to $5.97B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 8.7%, from $6.54B to $5.97B. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026
Rolls up toTotal Operating Expenses
How to read this metric
Rising costs relative to revenue indicate margin pressure, while declining costs relative to revenue suggest improved profitability.
Detailed definition
The aggregate of all direct and indirect costs associated with the homebuilding segment's operations, including COGS and...
Peer comparison
Equivalent to 'Total Operating Expenses' in segment reporting for peer homebuilders.
Metric ID:
len_segment_homebuilding_costs_and_expensesHistorical Data
10 periods
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.81B | $6.81B | $6.81B | $6.81B | $7.20B | $7.20B | $7.20B | $7.20B | $6.54B | $5.97B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +5.8% | +0.0% | +0.0% | +0.0% | -9.2% | -8.7% |
| YoY Change | — | — | — | — | +5.8% | +5.8% | +5.8% | +5.8% | -9.2% | -8.7% |
Range$5.97B – $7.20B
CAGR-5.7%
Avg YoY Growth+0.9%
Median YoY Growth+5.8%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is Lennar's homebuilding — total costs & expenses?
- Lennar (LEN) reported homebuilding — total costs & expenses of $5.97B in Q4 2025.
- How has Lennar's homebuilding — total costs & expenses changed year-over-year?
- Lennar's homebuilding — total costs & expenses decreased by 8.7% year-over-year, from $6.54B to $5.97B.
- What does homebuilding — total costs & expenses mean?
- The total cost of running the homebuilding business, including all operating and production expenses.