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Lennar LEN Homebuilding — Net deferred tax assets

Other segment segments

Multifamily
$71.39M-0.9%
Financial Services
$32.09M-21.2%
Lennar Other
-$16.92M-227%

Similar metrics at other companies

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NVRHome Building — Deferred tax assets, net
$143.67M+1.0%
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HOVHome Building — Deferred Income Tax Assets Net
$222.17M
Ally Financial logo
ALLYNet deferred tax assets, Deferred tax asset
$2.45B+19.8%
Banner Corporation logo
BANRDeferred Tax Asset, Gross, Net of Deferred Tax Liabilities
$127.77M-14.3%
KKR & Co. logo
KKRAsset Management and Strategic Holdings — Deferred Tax Assets, net
$87.2M+103%
Curtiss-Wright logo
CWNet noncurrent deferred tax assets
$9.52M-6.4%

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

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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:DeferredTaxAssetsLiabilitiesNet.

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 deferred tax assets?
Lennar (LEN) reported homebuilding — net deferred tax assets of $48.37M in Q3 2025.
How has Lennar's homebuilding — net deferred tax assets changed year-over-year?
Lennar's homebuilding — net deferred tax assets decreased by 66.9% year-over-year, from $146.3M to $48.37M.
What does homebuilding — net deferred tax assets mean?
Represents the net value of deferred tax assets specifically associated with the homebuilding segment after offsetting against deferred tax liabilities. This reflects future tax benefits that the company expects to realize based on temporary differences between financial reporting and tax reporting.