Non-Current Liabilities

Long-Term Debt

Lennar Long-Term Debt increased by 40.2% to $5.87B in Q3 2025 compared to the prior quarter. Over 2 years (FY 2020 to FY 2025), Long-Term Debt shows a downward trend with a -11.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2016
Last reportedQ1 2026

How to read this metric

An increase indicates higher leverage and interest expense, while a decrease suggests debt repayment or deleveraging.

Detailed definition

This represents the total value of debt obligations, such as bonds or loans, that are due for repayment beyond the curre...

Peer comparison

Varies significantly by industry; capital-intensive sectors like healthcare often carry higher long-term debt.

Metric ID: long_term_debt

Historical Data

4 periods
 Q1 '21Q2 '21Q3 '24Q3 '25
Value$6.82B$6.65B$4.19B$5.87B
QoQ Change-2.5%-37.0%+40.2%
YoY Change+40.2%
Range$4.19B$6.82B
Avg YoY Growth+40.2%
Median YoY Growth+40.2%

Business Segments

View all
SegmentQ4 '21Q2 '22Q3 '22Q2 '23Q3 '23Q4 '24Q4 '25Q1 '26
Lennar Financial Services$1.73B$1.32B$1.49B$1.16B$1.15B$1.93B$1.79B$1.19B
Lennar Other$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Multifamily$0.00$16.63M$16.68M$16.91M$3.48M$0.00$0.00$0.00
Total$4.19B$5.87B

Frequently Asked Questions

What is Lennar's long-term debt?
Lennar (LEN) reported long-term debt of $5.87B in Q3 2025.
What is the long-term trend for Lennar's long-term debt?
Over 2 years (2020 to 2025), Lennar's long-term debt has grown at a -11.0% compound annual growth rate (CAGR), from $7.42B to $5.87B.
What does long-term debt mean?
The total amount of debt that is not due for repayment within the next year.