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Lennar LEN Lennar Financial Services — Cost and expenses

Other segment segments

Lennar Other
$43.73M+45.6%

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Other financials

Income statement

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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:CostOfRevenue.

The official record: Lennar’s 10-Q, filed June 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lennar's lennar financial services — cost and expenses?
Lennar (LEN) reported lennar financial services — cost and expenses of $135.84M in Q1 2026.
How has Lennar's lennar financial services — cost and expenses changed year-over-year?
Lennar's lennar financial services — cost and expenses decreased by 3.5% year-over-year, from $140.82M to $135.84M.
What is the long-term trend for Lennar's lennar financial services — cost and expenses?
Over 4 years (2021 to 2025), Lennar's lennar financial services — cost and expenses has grown at a 9.5% compound annual growth rate (CAGR), from $407.73M to $585.73M.
What does lennar financial services — cost and expenses mean?
The aggregate operating costs incurred by the financial services segment, including personnel, technology, and loan processing expenses. Monitoring these costs relative to revenue helps assess the operational efficiency of the mortgage business. It reflects the cost structure required to maintain lending operations.