Lennar Homebuilding — Operating properties and equipment decreased by 1.4% to $37.01M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 1.4%, from $37.52M to $37.01M. This decline may warrant attention — for this metric, higher values are generally preferred.
Consistent investment in these assets is required to maintain operational capacity and sales efficiency.
The net book value of physical assets, such as model homes, sales offices, and construction equipment, used by the homeb...
Standard property, plant, and equipment (PP&E) metric for the homebuilding industry.
len_segment_homebuilding_operating_properties_and_equipment| Q3 '21 | Q3 '22 | Q3 '23 | Q3 '24 | Q3 '25 | |
|---|---|---|---|---|---|
| Value | $44.80M | $56.69M | $33.15M | $37.52M | $37.01M |
| QoQ Change | — | +26.5% | -41.5% | +13.2% | -1.4% |
| YoY Change | — | +26.5% | -41.5% | +13.2% | -1.4% |