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Lennar LEN Lennar Financial Services — Goodwill

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$0

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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:Goodwill.

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 — goodwill?
Lennar (LEN) reported lennar financial services — goodwill of $189.7M in Q1 2026.
How has Lennar's lennar financial services — goodwill changed year-over-year?
Lennar's lennar financial services — goodwill decreased by 0.0% year-over-year, from $189.7M to $189.7M.
What is the long-term trend for Lennar's lennar financial services — goodwill?
Over 4 years (2021 to 2025), Lennar's lennar financial services — goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $758.8M to $758.8M.
What does lennar financial services — goodwill mean?
This represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within the financial services segment. It reflects the value of intangible assets like brand reputation, customer relationships, and synergies. Goodwill is tested annually for impairment rather than amortized.