Business Segments Lennar Corporation

Equities

LEN

US5260571048

Homebuilding

Market Closed - Nyse Other stock markets 21:00:02 12/05/2026 BST			5-day change	1st Jan Change
85.86 ^USD	-1.41%		-0.39%	-16.48%

05-05	Lennar Corporation Debuts Vinova Luxury Community in Rancho Cucamonga	CI
05-04	Lennar Corp to open over 40 new communities in Northeast in 2026	RE

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Gross Profit: Breakdown by Business Segment

Breakdown by Business Segment (USD)

Fiscal Period: November	2021	2022	2023	2024	2025
Residential Construction, General Contractors and Operative Builders
Homebuilding - West	10.56B	12.57B	12.09B	12.96B	11.91B
Total Assets	11.17B	12.18B	11.3B	12.15B	9.52B
Interest Expense	-177M	-140M	-116M	-84.61M	-72.25M
CAPEX	-26.38M	-1.41M	-1.18M	-3.8M	-9.88M
EBT	2.19B	2.77B	1.71B	1.86B	1.12B
Gross Profit	-	-	-	-	-
D&A	49.69M	54.06M	62.37M	58.37M	57.21M
Homebuilding - Central (Incl. Homebuilding Houston)	4.83B	5.85B	6.18B	7.64B	7.76B
Total Assets	3.78B	4.01B	3.87B	5.37B	4.7B
Interest Expense	-58.9M	-54.55M	-41.43M	-28.93M	-34.56M
CAPEX	-239K	-363K	-1.14M	-3.61M	-2.85M
EBT	720M	889M	950M	1.08B	668M
Gross Profit	-	-	-	-	-
D&A	16.12M	15.22M	23.64M	27.76M	30.59M
Homebuilding - East (Inc. Homebuilding Southeast Florida)	6.87B	9.27B	9.65B	8.49B	6.97B
Total Assets	5.85B	6.88B	7.21B	7.17B	5.28B
Interest Expense	-90.31M	-78.34M	-60.34M	-40.04M	-35.41M
CAPEX	-219K	-2.65M	-1.02M	-734K	-297K
EBT	1.46B	2.24B	2.15B	1.6B	704M
Gross Profit	-	-	-	-	-
D&A	24.53M	24.89M	36.72M	32.1M	27.68M
Homebuilding - South Central	3.24B	4.23B	4.71B	4.79B	5.6B
Total Assets	2.8B	3.74B	3.34B	4.24B	4.2B
Interest Expense	-28.76M	-29.44M	-29.75M	-13.97M	-21.73M
CAPEX	9K	-136K	-679K	-2.05M	-1.74M
EBT	730M	929M	789M	754M	493M
Gross Profit	-	-	-	-	-
D&A	9.82M	9.35M	10.23M	10.62M	11.34M
Homebuilding - Other	42.69M	40.14M	38.82M	33.49M	26.82M
Total Assets	1.44B	1.38B	1.51B	1.73B	1.69B
Interest Expense	-10.76M	-10.38M	-10.47M	-12.45M	-10.87M
CAPEX	-14.95M	-6.54M	-45.75M	-54.2M	-69.25M
EBT	-67M	-55M	-70.68M	47.9M	34M
Gross Profit	-	-	-	-	-
D&A	1.24M	774K	286K	346K	14.21M
Interest Expense	-	-	-	-	-
Gross Profit	-	8.77B	7.62B	7.52B	5.65B
Mortgage Bankers and Loan Correspondents
Financial Services (Incl. Rialto)	899M	810M	977M	1.11B	1.2B
Total Assets	2.96B	3.25B	3.57B	3.52B	3.38B
CAPEX	-	-	-	-	-
EBT	491M	383M	509M	577M	612M
D&A	-	-	-	-	-
Real Estate Operators And Lessors
Multifamily	665M	866M	573M	412M	681M
Total Assets	1.31B	1.26B	1.38B	1.31B	902M
CAPEX	-	-	-	-	-
EBT	21.45M	69.49M	-50.65M	42.64M	-75.46M
D&A	-	-	-	-	-
Investment Funds
Lennar Other	21.46M	44.39M	22.04M	14.23M	41.43M
Total Assets	1.46B	789M	658M	895M	898M
CAPEX	-	-	-	-	-
EBT	733M	-735M	-210M	-47.97M	-19.1M
D&A	-	-	-	-	-
EBT	-	-	-	-	-
EBT	-59.82M	-66.4M	-73.09M	-80.21M	-82.58M
EBT	-	-	-	-	-
EBT	-398M	-414M	-501M	-649M	-637M
D&A	-	-	-	-	-
CAPEX	-	-	-	-	-
Total Assets	2.41B	4.49B	6.41B	4.94B	3.87B

Geographical Revenue Distribution History

Geographical breakdown of sales (USD)

Fiscal Period: November	2021	2022	2023	2024	2025
United States	27.13B	33.67B	34.23B	35.44B	34.19B
Total Assets	33.21B	37.98B	39.23B	41.31B	34.43B
Interest Expense	-20.14M	-19.13M	-15.43M	-18.77M	-13.87M
Income Tax Expense	1.36B	1.37B	1.24B	1.22B	706M
D&A	85.95M	87.08M	110M	116M	134M
CAPEX	-65.17M	-57.21M	-99.8M	-172M	-189M
Net Income	4.43B	4.61B	3.94B	3.93B	2.08B
EBT	5.82B	6.01B	5.2B	5.18B	2.81B