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Lennar LEN Purchases of inventories financed by sellers

Purchases of inventories financed by sellers at other companies

Dream Finders Homes logo
Dream Finders HomesDFH
$15.66M
Mosaic logo
MosaicMOS
$401.3M-0.1%
Insight Enterprises logo
Insight EnterprisesNSIT
$34.98M-18.1%
Custom Truck One Source logo
Custom Truck One SourceCTOS
$135.75M+8.2%
Accel Entertainment logo
Accel EntertainmentACEL
$1.19M+728%
enCore Energy logo
enCore EnergyEU
$0-100%

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 len:NoncashorPartNoncashAcquisitionInventoryLandUnderDevelopmentandOtherAssetsFinancedbySellers.

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 purchases of inventories financed by sellers?
Lennar (LEN) reported purchases of inventories financed by sellers of $80K in Q3 2025.
How has Lennar's purchases of inventories financed by sellers changed year-over-year?
Lennar's purchases of inventories financed by sellers decreased by 99.1% year-over-year, from $8.82M to $80K.
What is the long-term trend for Lennar's purchases of inventories financed by sellers?
Over 4 years (2021 to 2025), Lennar's purchases of inventories financed by sellers has grown at a -78.2% compound annual growth rate (CAGR), from $141.32M to $320K.
What does purchases of inventories financed by sellers mean?
This metric tracks the acquisition of land or inventory where the payment is financed by the seller rather than through cash or traditional bank debt. It represents a form of off-balance-sheet or vendor-provided financing that allows the company to control land without immediate cash outlay. It is critical for understanding the true scale of inventory expansion.