Lennar Lennar Financial Services — Short-Term Debt increased by 4.4% to $1.79B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 39.4%, from $1.29B to $1.79B. Over 4 years (FY 2021 to FY 2025), Lennar Financial Services — Short-Term Debt shows an upward trend with a 13.0% CAGR.
High levels of short-term debt are expected during periods of high origination volume, but excessive levels relative to sales may indicate a slowdown in loan turnover.
This represents the outstanding short-term borrowings used by the financial services segment to fund the origination of...
Standard measure of short-term financing for mortgage banking operations.
len_segment_lennar_financial_services_short_term_debt| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $671.54M | $900.33M | $1.48B | $1.02B | $1.11B | $1.29B | $1.95B | $1.03B | $1.05B | $1.04B | $2.10B | $1.40B | $1.28B | $1.37B | $1.84B | $1.29B | $1.26B | $1.74B | $1.72B | $1.79B |
| QoQ Change | — | +34.1% | +64.6% | -31.1% | +8.9% | +15.9% | +51.3% | -47.3% | +2.5% | -1.3% | +101.6% | -33.4% | -8.2% | +7.3% | +33.7% | -30.0% | -1.9% | +38.2% | -1.5% | +4.4% |
| YoY Change | — | — | — | — | +65.7% | +43.2% | +31.6% | +0.6% | -5.2% | -19.3% | +7.5% | +35.7% | +21.5% | +32.1% | -12.4% | -7.8% | -1.5% | +26.9% | -6.5% | +39.4% |