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Lennar LEN Lennar Financial Services — Sold

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SFNCResidential mortgage loan sales
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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:ProceedsFromSaleOfLoansHeldForSale.

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 — sold?
Lennar (LEN) reported lennar financial services — sold of $76.25M in Q1 2026.
How has Lennar's lennar financial services — sold changed year-over-year?
Lennar's lennar financial services — sold decreased by 60.1% year-over-year, from $190.94M to $76.25M.
What is the long-term trend for Lennar's lennar financial services — sold?
Over 4 years (2021 to 2025), Lennar's lennar financial services — sold has grown at a -5.9% compound annual growth rate (CAGR), from $931.02M to $730.56M.
What does lennar financial services — sold mean?
This represents the total dollar volume of mortgage loans that have been sold to third-party investors in the secondary market. It indicates the speed at which the company converts its originated loans into cash, thereby reducing its exposure to interest rate and credit risk. This is a key indicator of the segment's liquidity and capital recycling efficiency.