Lennar South Central — SG&A increased by 13.5% to $107.63M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.5%, from $94.82M to $107.63M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to revenue may signal declining operational efficiency or increased investment in regional sales infrastructure.
Operating expenses incurred to support the South Central segment's homebuilding activities, excluding direct constructio...
Commonly referred to as SG&A; peers typically track this as a percentage of segment revenue to measure cost control.
len_segment_south_central_selling_general_and_administrative| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $82.08M | $82.08M | $82.08M | $82.08M | $92.73M | $92.73M | $92.73M | $92.73M | $94.82M | $107.63M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +13.0% | +0.0% | +0.0% | +0.0% | +2.3% | +13.5% |
| YoY Change | — | — | — | — | +13.0% | +13.0% | +13.0% | +13.0% | +2.3% | +13.5% |