Products & Services · Cost of Sales
Land — Cost of Sales
Lennar Land — Cost of Sales decreased by 13.2% to $31.31M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 13.2%, from $36.08M to $31.31M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026
How to read this metric
An increase relative to revenue suggests margin compression, while a decrease relative to revenue indicates improved cost efficiency in land development.
Detailed definition
This metric represents the direct costs associated with the sale of land, including the original purchase price, develop...
Peer comparison
Standard cost of goods sold (COGS) metric for land-related segments in the homebuilding industry.
Metric ID:
len_segment_land_cost_of_salesHistorical Data
10 periods
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $23.04M | $23.04M | $23.04M | $23.04M | $18.45M | $18.45M | $18.45M | $18.45M | $36.08M | $31.31M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -19.9% | +0.0% | +0.0% | +0.0% | +95.5% | -13.2% |
| YoY Change | — | — | — | — | -19.9% | -19.9% | -19.9% | -19.9% | +95.5% | -13.2% |
Range$18.45M – $36.08M
CAGR+14.6%
Avg YoY Growth+0.5%
Median YoY Growth-19.9%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Lennar's land — cost of sales?
- Lennar (LEN) reported land — cost of sales of $31.31M in Q4 2025.
- How has Lennar's land — cost of sales changed year-over-year?
- Lennar's land — cost of sales decreased by 13.2% year-over-year, from $36.08M to $31.31M.
- What does land — cost of sales mean?
- The total direct costs incurred to acquire, develop, and sell land assets.