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Lennar LEN West — D&A

Other segment segments

Central
$30.59M+5.4%
East
$27.68M-10.2%
Other
$14.21M+4,007%
South Central
$11.34M

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$328K-40.1%
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AOSRest of World — D&A
$4.5M-10.0%
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AEBINorth America — D&A
$12.22M+138%

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:DepreciationAmortizationAndAccretionNet.

The official record: Lennar’s 10-K, filed January 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lennar's west — D&A?
Lennar (LEN) reported west — D&A of $14.3M in Q3 2025.
How has Lennar's west — D&A changed year-over-year?
Lennar's west — D&A decreased by 2.0% year-over-year, from $14.59M to $14.3M.
What is the long-term trend for Lennar's west — D&A?
Over 4 years (2021 to 2025), Lennar's west — D&A has grown at a 3.6% compound annual growth rate (CAGR), from $49.69M to $57.21M.
What does west — D&A mean?
The non-cash expense allocated to the West segment for the wear and tear of physical assets and the amortization of intangible assets. This reflects the systematic allocation of asset costs over their useful lives.