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Lennar LEN Multifamily — Senior notes and other debts payable, net

Other segment segments

Lennar Financial Services
$1.96B
Lennar Other
$0

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OPFISenior unsecured notes, net
$284.26M-1.3%

Other financials

Income statement

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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

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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×

Where this comes from

Reported directly by Lennar in its filing.

Tagged under the XBRL concept us-gaap:LongTermDebt.

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 — senior notes and other debts payable, net?
Lennar (LEN) reported multifamily — senior notes and other debts payable, net of $0 in Q1 2026.
What does multifamily — senior notes and other debts payable, net mean?
This represents the total outstanding principal amount of debt obligations specifically allocated to the multifamily segment, net of unamortized discounts or issuance costs. It reflects the segment's leverage and its reliance on external financing to fund development projects. It is a key indicator of the segment's financial burden.