What is Lennar's multifamily — restricted cash?

Lennar (LEN) reported multifamily — restricted cash of $0 in Q1 2026.

What does multifamily — restricted cash mean?

Cash held by the multifamily segment that is legally or contractually restricted for specific purposes, such as escrow accounts, collateral for debt, or project-specific reserves. These funds are not available for general operating purposes.

Lennar LEN Multifamily — Restricted Cash

Other segment segments

Lennar Financial Services

$52.88M—

Lennar Other

$0—

Similar metrics at other companies

RITMCommercial Real Estate — Restricted Cash

$262.51M—

CHMIRestricted Cash

$33.41M+1,566%

RITMResidential Transitional Lending — Restricted Cash

$23.47M-32.3%

AVBRestricted Cash

$169.86M+2.4%

FRRestricted Cash

$0-100%

MIT

MITTRestricted Cash

$18.42M+34.7%

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

See full

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

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:RestrictedCashAndCashEquivalents.

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 — restricted cash?: Lennar (LEN) reported multifamily — restricted cash of $0 in Q1 2026.
What does multifamily — restricted cash mean?: Cash held by the multifamily segment that is legally or contractually restricted for specific purposes, such as escrow accounts, collateral for debt, or project-specific reserves. These funds are not available for general operating purposes.