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Lennar LEN Multifamily — Revenue

Other segment segments

West
$2.77B-2.3%
East
$1.71B-1.1%
Central
$1.66B-4.7%
South Central
$1.47B-3.7%
Lennar Financial Services
$236.94M
Lennar Other
$23.06M
Other
$4.27M-49.1%

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TRCMultifamily — Total revenues
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CSRMultifamily — Revenue
$64.16M+8.0%
American Assets Trust logo
AATMultifamily — Property revenue
$18.2M+8.1%
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DEIMultifamily rental — Total revenues
$50.44M+2.0%

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

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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

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 us-gaap:Revenues.

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 — revenue?
Lennar (LEN) reported multifamily — revenue of $63.56M in Q1 2026.
How has Lennar's multifamily — revenue changed year-over-year?
Lennar's multifamily — revenue decreased by 72.4% year-over-year, from $230.31M to $63.56M.
What is the long-term trend for Lennar's multifamily — revenue?
Over 4 years (2021 to 2025), Lennar's multifamily — revenue has grown at a 0.6% compound annual growth rate (CAGR), from $665.23M to $680.63M.
What does multifamily — revenue mean?
The total gross income generated by the multifamily segment from its development, construction, and management activities. This reflects the top-line performance of the segment before accounting for construction costs and operating expenses.