Lennar Homebuilding — Finished homes and construction in progress, carrying value decreased by 32.1% to $404.29M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 55.8%, from $259.54M to $404.29M. Over 4 years (FY 2021 to FY 2025), Homebuilding — Finished homes and construction in progress, carrying value shows an upward trend with a 177.9% CAGR.
An increase may signal growth in production capacity, while a sustained increase relative to sales could indicate slowing demand and inventory buildup.
This metric tracks the total book value of inventory consisting of homes that are either completed or currently under co...
Core inventory metric for all homebuilders, essential for calculating inventory turnover ratios.
len_segment_homebuilding_finished_homes_and_construction_in_progress_carrying_value| 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 | $19.24M | $3.97M | $6.61M | $15.36M | $18.67M | $21.27M | $292.01M | $164.54M | $126.68M | $67.01M | $207.75M | $71.76M | $120.55M | $120.81M | $202.96M | $259.54M | $470.73M | $479.23M | $595.18M | $404.29M |
| QoQ Change | — | -79.4% | +66.6% | +132.3% | +21.5% | +13.9% | >999% | -43.7% | -23.0% | -47.1% | +210.0% | -65.5% | +68.0% | +0.2% | +68.0% | +27.9% | +81.4% | +1.8% | +24.2% | -32.1% |
| YoY Change | — | — | — | — | -3.0% | +436.0% | >999% | +971.4% | +578.7% | +215.1% | -28.9% | -56.4% | -4.8% | +80.3% | -2.3% | +261.7% | +290.5% | +296.7% | +193.2% | +55.8% |