What is Lennar's south central — SG&A?

Lennar (LEN) reported south central — SG&A of $135.09M in Q1 2026.

How has Lennar's south central — SG&A changed year-over-year?

Lennar's south central — SG&A increased by 7.3% year-over-year, from $125.91M to $135.09M.

What does south central — SG&A mean?

Operating expenses incurred to support the South Central segment's homebuilding activities, excluding direct construction costs. This includes regional management salaries, marketing, office overhead, and administrative support functions.

Lennar LEN South Central — SG&A

Other segment segments

West

$210.42M-3.1%

Central

$178.48M+7.6%

East

$169.06M+1.0%

Other

$5.35M-57.7%

Similar metrics at other companies

TOLSouth — SG&A

$59.78M+1.7%

SDHCCentral — Selling, general and administrative costs

$9.06M+5.3%

KNFCentral — Selling, general and administrative expenses

$23.27M+26.0%

KLXESouthwest — SG&A

$3.1M-8.8%

CCSSoutheast — Selling General And Administrative Expense

$14.54M-2.8%

NVRSouth East — Selling, General, And Administrative Expense, Adjusted

$36.86M-3.0%

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

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:SellingGeneralAndAdministrativeExpense.

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 south central — SG&A?: Lennar (LEN) reported south central — SG&A of $135.09M in Q1 2026.
How has Lennar's south central — SG&A changed year-over-year?: Lennar's south central — SG&A increased by 7.3% year-over-year, from $125.91M to $135.09M.
What does south central — SG&A mean?: Operating expenses incurred to support the South Central segment's homebuilding activities, excluding direct construction costs. This includes regional management salaries, marketing, office overhead, and administrative support functions.