Business Segments · Inventory Owned

Homebuilding — Inventory Owned

Lennar Homebuilding — Inventory Owned increased by 5.6% to $10.48B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $10.15B to $10.48B.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026
Rolls up toInventory Owned

How to read this metric

Higher ownership levels increase exposure to market price fluctuations but provide full control over development timelines.

Detailed definition

The total carrying value of all real estate assets, including land and homes, that are legally owned by the homebuilding...

Peer comparison

Used by analysts to compare asset-heavy versus asset-light land strategies among homebuilders.

Metric ID: len_segment_homebuilding_inventory_owned

Historical Data

10 periods
 Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$15.36B$15.83B$16.15B$16.25B$15.63B$10.15B$11.38B$11.12B$9.92B$10.48B
QoQ Change+3.0%+2.0%+0.6%-3.8%-35.1%+12.0%-2.3%-10.8%+5.6%
YoY Change+1.8%-35.8%-29.6%-31.6%-36.5%+3.2%
Range$9.92B$16.25B
CAGR-15.6%
Avg YoY Growth-21.4%
Median YoY Growth-30.6%

Frequently Asked Questions

What is Lennar's homebuilding — inventory owned?
Lennar (LEN) reported homebuilding — inventory owned of $10.48B in Q4 2025.
How has Lennar's homebuilding — inventory owned changed year-over-year?
Lennar's homebuilding — inventory owned increased by 3.2% year-over-year, from $10.15B to $10.48B.
What does homebuilding — inventory owned mean?
The total value of land and homes directly owned by the homebuilding segment.