What is Lennar's multifamily — liabilities and equity?

Lennar (LEN) reported multifamily — liabilities and equity of $5.62B in Q3 2025.

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

Lennar's multifamily — liabilities and equity decreased by 8.4% year-over-year, from $6.13B to $5.62B.

What does multifamily — liabilities and equity mean?

The total balance sheet footprint of the multifamily segment, representing the sum of all financial obligations and the total equity invested in the unit. This metric provides a comprehensive view of the total capital deployed to support multifamily operations.

Lennar LEN Multifamily — Liabilities and Equity

Other segment segments

Lennar Other

$2.16B-12.0%

Similar metrics at other companies

TRCMultifamily — Identifiable assets

$63.62M—

FRPHMultifamily — Total Assets

$325.14M-5.0%

TRCMultifamily — Multifamily expenses

$1.02M+433%

MAAReal Estate — Liabilities

$15.1M-27.4%

TCIMultifamily Segment — Revenue

$8.43M-3.8%

FRPHMultifamily — Number of consolidated joint ventures

2—

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:LiabilitiesAndStockholdersEquity.

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 — liabilities and equity?: Lennar (LEN) reported multifamily — liabilities and equity of $5.62B in Q3 2025.
How has Lennar's multifamily — liabilities and equity changed year-over-year?: Lennar's multifamily — liabilities and equity decreased by 8.4% year-over-year, from $6.13B to $5.62B.
What does multifamily — liabilities and equity mean?: The total balance sheet footprint of the multifamily segment, representing the sum of all financial obligations and the total equity invested in the unit. This metric provides a comprehensive view of the total capital deployed to support multifamily operations.