What is Lennar's multifamily — equity?

Lennar (LEN) reported multifamily — equity of $2.96B in Q3 2025.

How has Lennar's multifamily — equity changed year-over-year?

Lennar's multifamily — equity decreased by 4.1% year-over-year, from $3.09B to $2.96B.

What does multifamily — equity mean?

Reflects the net investment value or capital stake held by the parent company within the multifamily segment. It represents the residual interest in the segment's assets after deducting all associated liabilities.

Lennar LEN Multifamily — Equity

Other segment segments

Lennar Other

$2.02B-1.3%

Similar metrics at other companies

KBHHomebuilding — Equity

$130.06M+12.4%

TRCMultifamily — Identifiable assets

$63.62M—

CSRMultifamily — Real Estate Investment Property, Net

$1.82B+0.2%

STWDCommercial and Residential Lending Segment — Equity, Attributable to Parent

$9.02B+27.0%

KBHFinancial services — Equity

$26.73M-27.1%

STWDCommercial and Residential Lending Segment — Equity, Including Portion Attributable to Noncontrolling Interest

$9.02B+27.0%

Other financials

Income statement

See full

Revenue$7.9B-5.2%

Net income$304.8M-36.2%

EPS (diluted)$2.57+24.8%

Balance sheet

See full

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

See full

Operating cash flow-$284.4M+74.0%

CapEx$18.9M+23.9%

Free cash flow-$303.2M+72.7%

Valuation

See full

Market cap$21.8B-26.6%

Enterprise value$19.86B-31.2%

P/E13.5×+3.4×

P/S0.7×-0.2×

Profitability

See full

Net margin5.4%-5.0pp

FCF margin-0.3%-4.7pp

Returns & leverage

See full

Return on equity8%-7.1pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Lennar in its filing.

Tagged under the XBRL concept us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest.

The official record: Lennar’s 10-K, filed January 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lennar's multifamily — equity?: Lennar (LEN) reported multifamily — equity of $2.96B in Q3 2025.
How has Lennar's multifamily — equity changed year-over-year?: Lennar's multifamily — equity decreased by 4.1% year-over-year, from $3.09B to $2.96B.
What does multifamily — equity mean?: Reflects the net investment value or capital stake held by the parent company within the multifamily segment. It represents the residual interest in the segment's assets after deducting all associated liabilities.