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Lennar LEN Homebuilding — Net additions to operating properties and equipment

Other segment segments

Other
$69.25M+27.8%
West
$9.88M+160%
Central
$2.85M-22.0%
South Central
$1.74M
East
$297K-56.8%

Similar metrics at other companies

NVR logo
NVRHome Building Segment — Property, plant and equipment, net
$100.9M+2.9%
Meritage Homes logo
MTHHomebuilding Segment — Additions
$0
NVR logo
NVRHome Building — Property, Plant and Equipment, Gross
$264.09M+5.0%
KB Home logo
KBHHomebuilding — Net Income
$1.07M-77.8%
Hovnanian Enterprises, Inc. logo
HOVHome Building — PP&E (Net)
$56.01M+17.3%
Amrep logo
AXRHome Building — Segment Expenditure Addition To Long Lived Assets
$18K+800%

Other financials

Income statement

See full
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

See full
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:PaymentsForProceedsFromProductiveAssets.

The official record: Lennar’s 10-K, filed January 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lennar's homebuilding — net additions to operating properties and equipment?
Lennar (LEN) reported homebuilding — net additions to operating properties and equipment of $21.01M in Q3 2025.
How has Lennar's homebuilding — net additions to operating properties and equipment changed year-over-year?
Lennar's homebuilding — net additions to operating properties and equipment increased by 30.5% year-over-year, from $16.1M to $21.01M.
What is the long-term trend for Lennar's homebuilding — net additions to operating properties and equipment?
Over 4 years (2021 to 2025), Lennar's homebuilding — net additions to operating properties and equipment has grown at a 19.1% compound annual growth rate (CAGR), from $41.77M to $84.03M.
What does homebuilding — net additions to operating properties and equipment mean?
The net investment in physical infrastructure, machinery, and facilities required to support homebuilding activities after accounting for disposals. This indicates the company's commitment to expanding or upgrading its operational footprint.