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Lennar LEN Multifamily — Equity in earnings from unconsolidated entities

Other segment segments

East
$4.98M-40.0%
Lennar Other
$4.18M+1,364%
Other
-$2.96M-135%
West
$676K-34.9%
Central
-$18K-1,700%
South Central
-$10K-66.7%
Financial Services
$0

Similar metrics at other companies

PRA
PRAEquity in earnings (loss) of unconsolidated subsidiaries
$2.94M-26.8%
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PHMEquity in income of investees
$879K+75.1%
PRA
PRAEquity in earnings (loss) of unconsolidated subsidiaries
$2.94M-26.8%
Tejon Ranch logo
TRCMultifamily — Operating results from commercial/industrial and unconsolidated joint ventures
-$328K-70.8%
KBR logo
KBRCorporate — Equity in earnings of unconsolidated affiliates
$0
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PWREquity in earnings of integral unconsolidated affiliates
$14.47M+11.9%

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×

Where this comes from

Reported directly by Lennar in its filing.

Tagged under the XBRL concept len:IncomeLossFromEquityMethodInvestmentsAndOtherNonoperatingIncomeExpense.

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 — equity in earnings from unconsolidated entities?
Lennar (LEN) reported multifamily — equity in earnings from unconsolidated entities of $27.23M in Q1 2026.
How has Lennar's multifamily — equity in earnings from unconsolidated entities changed year-over-year?
Lennar's multifamily — equity in earnings from unconsolidated entities increased by 616.9% year-over-year, from -$5.27M to $27.23M.
What does multifamily — equity in earnings from unconsolidated entities mean?
Reflects the company's proportional share of net income or loss from joint ventures and partnerships where it holds a non-controlling interest. This captures the performance of multifamily projects developed through co-investment vehicles.