What is Lennar's multifamily — inventories?

Lennar (LEN) reported multifamily — inventories of $0 in Q3 2025.

What does multifamily — inventories mean?

Tracks the value of multifamily projects currently under construction or held for sale, including land, materials, and labor costs. This metric is a vital indicator of the segment's production pipeline and future revenue potential. It reflects the level of activity in the development cycle.

Lennar LEN Multifamily — Inventories

Similar metrics at other companies

KBHHomebuilding — Inventories

$156.95M+4.3%

CCSInventory, Homes under Construction

$1.38B-9.2%

LGIHInventory, Homes under Construction

$321.5M-12.5%

SUIInventory of manufactured homes

$132.8M-23.0%

UMH

UMHInventory of manufactured homes

$44.4M+8.3%

SUIMH — Inventory of manufactured homes

$61.5M-19.9%

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

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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

See full

Net margin5.4%-5.0pp

FCF margin-0.3%-4.7pp

Returns & leverage

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Return on equity8%-7.1pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Lennar in its filing.

Tagged under the XBRL concept len:EquityMethodInvestmentSummarizedFinancialInformationInventories.

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

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What is Lennar's multifamily — inventories?: Lennar (LEN) reported multifamily — inventories of $0 in Q3 2025.
What does multifamily — inventories mean?: Tracks the value of multifamily projects currently under construction or held for sale, including land, materials, and labor costs. This metric is a vital indicator of the segment's production pipeline and future revenue potential. It reflects the level of activity in the development cycle.