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Lennar LEN Multifamily — Total Costs & Expenses

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DEIMultifamily rental — Operating Expenses
$16.56M0.0%

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 multifamily — total costs & expenses?
Lennar (LEN) reported multifamily — total costs & expenses of $72.79M in Q1 2026.
How has Lennar's multifamily — total costs & expenses changed year-over-year?
Lennar's multifamily — total costs & expenses decreased by 71.4% year-over-year, from $254.68M to $72.79M.
What does multifamily — total costs & expenses mean?
Represents the total operating costs and ancillary expenses incurred by the multifamily development segment. This includes construction costs, development overhead, and operational expenditures required to deliver multifamily housing projects.