Lennar Homebuilding — Net additions to operating properties and equipment remained flat by 0.0% to $21.01M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 30.5%, from $16.10M to $21.01M. Over 4 years (FY 2021 to FY 2025), Homebuilding — Net additions to operating properties and equipment shows an upward trend with a 19.1% CAGR.
Higher investment signals growth and capacity expansion, while lower investment may indicate a focus on cash preservation.
The net investment in physical infrastructure, machinery, and facilities required to support homebuilding activities aft...
Comparable to 'Capital Expenditures' (CapEx) at peer firms.
len_segment_homebuilding_net_additions_to_operating_properties_and_equipment| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $41.77M | $11.10M | $49.78M | $64.40M | $84.03M |
| YoY Change | — | -73.4% | +348.4% | +29.4% | +30.5% |