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Lennar LEN West — Total Costs & Expenses

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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:CostsAndExpenses.

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 west — total costs & expenses?
Lennar (LEN) reported west — total costs & expenses of $2.63B in Q1 2026.
How has Lennar's west — total costs & expenses changed year-over-year?
Lennar's west — total costs & expenses increased by 1.6% year-over-year, from $2.59B to $2.63B.
What does west — total costs & expenses mean?
The aggregate of all direct and indirect costs associated with the West segment's homebuilding operations, including cost of sales and operational overhead. This represents the total cost burden of the regional business unit.