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Lennar LEN Homebuilding — Equity in earnings from unconsolidated entities

Other segment segments

East
$4.98M-40.0%
Lennar Other
$4.18M+1,364%
Other
-$2.96M-135%
West
$676K-34.9%
Central
-$18K-1,700%
South Central
-$10K-66.7%
Financial Services
$0

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CBREBuilding Operations & Experience — Equity (loss) income from unconsolidated subsidiaries
$2M+100%
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PHMEquity in income of investees
$879K+75.1%
PRA
PRAEquity in earnings (loss) of unconsolidated subsidiaries
$2.94M-26.8%
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CNHConstruction — Equity in income of unconsolidated affiliates
$0

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 len:IncomeLossFromEquityMethodInvestmentsAndOtherNonoperatingIncomeExpense.

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 homebuilding — equity in earnings from unconsolidated entities?
Lennar (LEN) reported homebuilding — equity in earnings from unconsolidated entities of $2.67M in Q1 2026.
How has Lennar's homebuilding — equity in earnings from unconsolidated entities changed year-over-year?
Lennar's homebuilding — equity in earnings from unconsolidated entities decreased by 84.9% year-over-year, from $17.72M to $2.67M.
What does homebuilding — equity in earnings from unconsolidated entities mean?
Represents the company's share of profits or losses from joint ventures or partnerships where it does not have a controlling interest. This metric highlights the performance of collaborative land development or construction projects.