Business Segments · Cost and expenses

Multifamily — Cost and expenses

Lennar Multifamily — Cost and expenses decreased by 50.6% to $90.43M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 23.2%, from $73.38M to $90.43M. Over 4 years (FY 2021 to FY 2025), Multifamily — Cost and expenses shows an upward trend with a 3.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

Rising costs relative to revenue indicate margin compression, while stable or declining costs relative to revenue suggest improved operational efficiency.

Detailed definition

The total costs incurred by the multifamily segment to generate revenue, including construction materials, labor, overhe...

Peer comparison

Standard operating expense metric for business segments in the construction and real estate industry.

Metric ID: len_segment_multifamily_cost_and_expenses

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$168.93M$174.41M$178.42M$263.74M$175.15M$215.43M$194.61M$148.96M$154.35M$139.76M$130.59M$132.67M$102.21M$184.71M$101.88M$73.38M$254.68M$238.79M$183.17M$90.43M
QoQ Change+3.2%+2.3%+47.8%-33.6%+23.0%-9.7%-23.5%+3.6%-9.5%-6.6%+1.6%-23.0%+80.7%-44.8%-28.0%+247.1%-6.2%-23.3%-50.6%
YoY Change+3.7%+23.5%+9.1%-43.5%-11.9%-35.1%-32.9%-10.9%-33.8%+32.2%-22.0%-44.7%+149.2%+29.3%+79.8%+23.2%
Range$73.38M$263.74M
CAGR-12.3%
Avg YoY Growth+7.2%
Median YoY Growth-3.6%
Current Streak3 quarters decline

Frequently Asked Questions

What is Lennar's multifamily — cost and expenses?
Lennar (LEN) reported multifamily — cost and expenses of $90.43M in Q4 2025.
How has Lennar's multifamily — cost and expenses changed year-over-year?
Lennar's multifamily — cost and expenses increased by 23.2% year-over-year, from $73.38M to $90.43M.
What is the long-term trend for Lennar's multifamily — cost and expenses?
Over 4 years (2021 to 2025), Lennar's multifamily — cost and expenses has grown at a 3.5% compound annual growth rate (CAGR), from $652.81M to $750.01M.
What does multifamily — cost and expenses mean?
The total costs and operating expenses required to run the multifamily business segment.