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Lennar LEN Lennar Financial Services — Total Costs & Expenses

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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:CostsAndExpenses.

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 — total costs & expenses?
Lennar (LEN) reported lennar financial services — total costs & expenses of $135.84M in Q1 2026.
How has Lennar's lennar financial services — total costs & expenses changed year-over-year?
Lennar's lennar financial services — total costs & expenses decreased by 3.5% year-over-year, from $140.82M to $135.84M.
What does lennar financial services — total costs & expenses mean?
This represents the total aggregate costs incurred by the financial services segment to generate revenue, including personnel, commissions, technology, and funding costs. It serves as the primary measure of the cost structure required to operate the mortgage and title business. Analyzing this metric allows investors to evaluate the segment's overall profitability and cost management discipline.