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Lennar LEN Homebuilding — Maximum borrowing capacity

Other segment segments

Lennar Financial Services
$2.78B

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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:LineOfCreditFacilityMaximumBorrowingCapacity.

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 — maximum borrowing capacity?
Lennar (LEN) reported homebuilding — maximum borrowing capacity of $3.13B in Q1 2026.
How has Lennar's homebuilding — maximum borrowing capacity changed year-over-year?
Lennar's homebuilding — maximum borrowing capacity increased by 3.3% year-over-year, from $3.03B to $3.13B.
What is the long-term trend for Lennar's homebuilding — maximum borrowing capacity?
Over 4 years (2021 to 2025), Lennar's homebuilding — maximum borrowing capacity has grown at a 11.4% compound annual growth rate (CAGR), from $8B to $12.3B.
What does homebuilding — maximum borrowing capacity mean?
This represents the total limit of credit available to the homebuilding segment under its various debt facilities and lines of credit. It defines the company's liquidity ceiling for funding land acquisition and construction. It is a vital indicator of financial flexibility and the ability to scale operations.