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Lennar LEN Homebuilding — Goodwill

Other segment segments

Lennar Financial Services
$189.7M
Lennar Other
$0

Similar metrics at other companies

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$7.49M0.0%

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 us-gaap:Goodwill.

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 — goodwill?
Lennar (LEN) reported homebuilding — goodwill of $3.44B in Q1 2026.
How has Lennar's homebuilding — goodwill changed year-over-year?
Lennar's homebuilding — goodwill decreased by 0.0% year-over-year, from $3.44B to $3.44B.
What is the long-term trend for Lennar's homebuilding — goodwill?
Over 4 years (2021 to 2025), Lennar's homebuilding — goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $13.77B to $13.77B.
What does homebuilding — goodwill mean?
Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within the homebuilding segment. It reflects the premium paid for brand reputation, market share, and synergies expected from acquisitions.