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Income Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Revenue | 34,186,934 | 35,441,452 | -3.5% |
Show Product Lines breakouts |
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| General Contractor · Multifamily | 149,987 | 302,712 | -50.5% |
| Land | 130,232 | 93,384 | +39.5% |
| Land · Central | 2,935 | 16,110 | -81.8% |
| Land · East | 60,468 | 44,334 | +36.4% |
| Land · Homebuilding | 247,025 | 192,237 | +28.5% |
| Land · Homebuilding | 130,232 | 93,384 | +39.5% |
| Land · Multifamily | 162,447 | 36,237 | +348.3% |
| Land · South Central | 22,540 | 21,148 | +6.6% |
| Land · West | 44,289 | 11,792 | +275.6% |
| Management Service · Homebuilding | 19,753 | 12,969 | +52.3% |
| Management Service · Multifamily | 23,691 | 49,419 | -52.1% |
| Other revenues | 1,959,457 | 1,569,919 | +24.8% |
| Other revenues · Central | 5,289 | 3,636 | +45.5% |
| Other revenues · East | 12,840 | 11,264 | +14.0% |
| Other revenues · Financial Services | 1,198,197 | 1,109,263 | +8.0% |
| Other revenues · Homebuilding | 39,203 | 34,893 | +12.4% |
| Other revenues · Lennar Other | 41,430 | 14,226 | +191.2% |
| Other revenues · Multifamily | 680,627 | 411,537 | +65.4% |
| Other revenues · Other | 11,282 | 11,680 | -3.4% |
| Other revenues · South Central | 2,854 | 2,355 | +21.2% |
| Other revenues · West | 6,938 | 5,958 | +16.4% |
| Real Estate Other | 32,097,245 | 33,778,149 | -5.0% |
| Real Estate Other · Central | 7,747,913 | 7,855,610 | -1.4% |
| Real Estate Other · East | 6,896,901 | 8,199,004 | -15.9% |
| Real Estate Other · Homebuilding | 32,097,245 | 33,778,149 | -5.0% |
| Real Estate Other · Other | 15,543 | 21,810 | -28.7% |
| Real Estate Other · South Central | 5,579,035 | 4,763,622 | +17.1% |
| Real Estate Other · West | 11,857,853 | 12,938,103 | -8.3% |
Show Business Segments breakouts |
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| Central | 7,756,137 | 7,875,356 | -1.5% |
| East | 6,970,209 | 8,254,602 | -15.6% |
| Financial Services | 1,198,197 | 1,109,263 | +8.0% |
| Homebuilding | 32,266,680 | 33,906,426 | -4.8% |
| Lennar Other | 41,430 | 14,226 | +191.2% |
| Multifamily | 680,627 | 411,537 | +65.4% |
| Other | 26,825 | 33,490 | -19.9% |
| South Central | 5,604,429 | 4,787,125 | +17.1% |
| West | 11,909,080 | 12,955,853 | -8.1% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 1,354,606 | 1,719,012 | -21.2% |
| Cost of Revenue (FY) | — | — | — |
Show Business Segments breakouts |
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| Financial Services | 585,731 | 532,079 | +10.1% |
| Homebuilding | 29,284,622 | 28,809,464 | +1.6% |
| Lennar Other | 179,445 | 79,495 | +125.7% |
| Multifamily | 750,011 | 521,455 | +43.8% |
| General & Administrative | 636,718 | 648,986 | -1.9% |
| Contribution Expense | 82,583 | 80,210 | +3.0% |
| Total Costs & Expenses | 31,519,110 | 30,671,689 | +2.8% |
Show Business Segments breakouts |
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| Central | 7,094,157 | 6,825,252 | +3.9% |
| East | 6,247,705 | 6,755,564 | -7.5% |
| Financial Services | 585,731 | 532,079 | +10.1% |
| Homebuilding | 29,284,622 | 28,809,464 | +1.6% |
| Lennar Other | 179,445 | 79,495 | +125.7% |
| Multifamily | 750,011 | 521,455 | +43.8% |
| Other | 50,604 | 47,873 | +5.7% |
| South Central | 5,105,035 | 4,043,049 | +26.3% |
| West | 10,787,121 | 11,137,726 | -3.1% |
| Income Loss From Equity Method Investments And Other Nonoperating Income Expense | 78,225 | 164,099 | -52.3% |
Show Business Segments breakouts |
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| Central | 176 | 1,727 | -89.8% |
| East | 33,974 | 31,039 | +9.5% |
| Homebuilding | 83,652 | 66,448 | +25.9% |
| Lennar Other | 13,328 | -53,102 | +125.1% |
| Multifamily | -18,755 | 150,753 | -112.4% |
| Other | 47,515 | 28,337 | +67.7% |
| South Central | -17 | -17 | 0.0% |
| West | 2,004 | 5,362 | -62.6% |
| Non-Operating Income (Expense) | -62,352 | 225,866 | -127.6% |
Show Business Segments breakouts |
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| Central | 5,899 | 31,007 | -81.0% |
| East | -52,647 | 69,843 | -175.4% |
| Homebuilding | -50,458 | 178,842 | -128.2% |
| Lennar Other | -24,578 | 45,224 | -154.3% |
| Multifamily | 12,684 | 1,800 | +604.7% |
| Other | 10,259 | 33,948 | -69.8% |
| South Central | -6,263 | 9,663 | -164.8% |
| West | -7,706 | 34,381 | -122.4% |
| Unrealized Gain Loss On Investments | 130,166 | 25,180 | +416.9% |
Show Business Segments breakouts |
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| Financial Services · Forward Contracts | 9,346 | 61,270 | -84.7% |
| Financial Services · Loans held-for-sale | 26,618 | -52,482 | +150.7% |
| Financial Services · Mortgage loan commitments | 19,930 | -44,106 | +145.2% |
| Lennar Other | 130,166 | 25,180 | +416.9% |
| Lennar Other · Equity Securities | 130,166 | 25,180 | +416.9% |
| Lennar Other · Operating Segments | 130.2 | — | — |
| Income Before Taxes | 2,813,863 | 5,184,908 | -45.7% |
Show Business Segments breakouts |
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| Central | 668,055 | 1,082,838 | -38.3% |
| East | 703,831 | 1,599,920 | -56.0% |
| Financial Services | 612,466 | 577,184 | +6.1% |
| Homebuilding | 3,015,252 | 5,342,252 | -43.6% |
| Lennar Other | -19,099 | -47,967 | +60.2% |
| Multifamily | -75,455 | 42,635 | -277.0% |
| Other | 33,995 | 47,902 | -29.0% |
| South Central | 493,114 | 753,722 | -34.6% |
| West | 1,116,257 | 1,857,870 | -39.9% |
| Income Tax Expense (Benefit) | -705,563 | -1,217,253 | +42.0% |
| Net Income | 2,108,300 | 3,967,655 | -46.9% |
Show Equity Components breakouts |
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| Noncontrolling Interest | 30,121 | 35,122 | -14.2% |
| Retained Earnings | 2,078,179 | 3,932,533 | -47.2% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 256,782 | 486,029 | -47.2% |
| Net Income Loss Attributable To Noncontrolling Interest | 30,121 | 35,122 | -14.2% |
| Net Income | 2,078,179 | 3,932,533 | -47.2% |
| Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax | -1,518 | 2,650 | -157.3% |
Show Business Segments breakouts |
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| Lennar Other · Availableforsale Securities | -1,518 | 2,650 | -157.3% |
| Other Comprehensive Income | -1,518 | 2,650 | -157.3% |
| Comprehensive Income | 2,076,661 | 3,935,183 | -47.2% |
| Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest | 30,121 | 35,122 | -14.2% |
| EPS (Basic) | 7.98 | 14.31 | -44.2% |
| Cost of Revenue (FY) | — | — | — |
Show Product Lines breakouts |
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| General Contractor · Multifamily | 145,835 | 286,991 | -49.2% |
| Selling, General & Administrative | 2,678,337 | 2,480,309 | +8.0% |
Show Business Segments breakouts |
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| Central | 703,944 | 638,447 | +10.3% |
| East | 651,404 | 690,161 | -5.6% |
| Homebuilding | 2,678,337 | 2,480,309 | +8.0% |
| Other | 30,100 | 18,362 | +63.9% |
| South Central | 461,890 | 370,936 | +24.5% |
| West | 830,999 | 762,403 | +9.0% |
| Interest Expense (FY) | — | — | — |
Show Business Segments breakouts |
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| Central · Operating Segments | 34,557 | 29,978 | +15.3% |
| East · Operating Segments | 35,411 | 38,992 | -9.2% |
| Homebuilding | 174,818 | 179,992 | -2.9% |
| Homebuilding · Operating Segments | 174,818 | 179,992 | -2.9% |
| Other · Operating Segments | 10,873 | 12,446 | -12.6% |
| South Central · Operating Segments | 21,729 | 13,967 | +55.6% |
| West · Operating Segments | 72,248 | 84,609 | -14.6% |
| Wtd Avg Shares (Basic) | 257,746 | 272,019 | -5.2% |
| Net Income Loss Available To Common Stockholders Basic | 2,058,083 | 3,893,710 | -47.1% |
Balance Sheet
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 3,756,305 | 4,909,664 | -23.5% |
Show Business Segments breakouts |
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| Financial Services | 258,873 | 175,382 | +47.6% |
| Homebuilding | 3,441,324 | 4,662,643 | -26.2% |
| Homebuilding · Variable Interest Entity Primary Beneficiary | 61.1 | 67 | -8.8% |
| Lennar Other | 21,936 | 40,691 | -46.1% |
| Multifamily | 34,172 | 30,948 | +10.4% |
| Non-Current Assets | |||
| Goodwill | 3,632,058 | 3,632,058 | 0.0% |
Show Business Segments breakouts |
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| Financial Services | 189,699 | 189,699 | 0.0% |
| Homebuilding | 3,442,359 | 3,442,359 | 0.0% |
| Total Assets | 34,430,437 | 41,312,781 | -16.7% |
Show Business Segments breakouts |
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| Central · Operating Segments | 4,695,588 | 5,567,451 | -15.7% |
| East · Operating Segments | 5,284,111 | 6,967,571 | -24.2% |
| Financial Services | 3,377,413 | 3,516,550 | -4.0% |
| Financial Services · Variable Interest Entity Not Primary Beneficiary | 135,396 | 135,646 | -0.2% |
| Homebuilding | 29,253,256 | 35,594,469 | -17.8% |
| Homebuilding · Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 6,967,116 | 7,232,708 | -3.7% |
| Homebuilding · Operating Segments | 29,253,256 | 35,594,469 | -17.8% |
| Homebuilding · Variable Interest Entity Not Primary Beneficiary | 824,241 | 802,901 | +2.7% |
| Lennar Other | 897,632 | 894,944 | +0.3% |
| Lennar Other · Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 2,162,391 | 2,457,506 | -12.0% |
| Lennar Other · Variable Interest Entity Not Primary Beneficiary | 105,151 | 119,258 | -11.8% |
| Multifamily | 902,136 | 1,306,818 | -31.0% |
| Multifamily · Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 5,615,674 | 6,133,294 | -8.4% |
| Multifamily · Variable Interest Entity Not Primary Beneficiary | 167,873 | 136,158 | +23.3% |
| Multifamily · Variable Interest Entity Primary Beneficiary | 25 | 33.9 | -26.3% |
| Other · Operating Segments | 1,692,453 | 1,729,407 | -2.1% |
| South Central · Operating Segments | 4,195,858 | 4,238,587 | -1.0% |
| West · Operating Segments | 9,519,804 | 12,148,434 | -21.6% |
Show Consolidated Entities breakouts |
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| Variable Interest Entity Not Primary Beneficiary | 1,232,661 | 1,193,963 | +3.2% |
| Variable Interest Entity Primary Beneficiary | 1.5 | 3.7 | -59.5% |
| Variable Interest Entity Primary Beneficiary · Disposal Group Held For Sale Or Disposed Of By Sale Not Discontinued Operations | 412.4 | — | — |
Show Consolidation Items breakouts |
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| Corporate Non Segment | 3,865,442 | 4,943,019 | -21.8% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 14,745,181 | 15,823,508 | -6.8% |
| Property, Plant & Equipment | 642,838 | 516,198 | +24.5% |
| Operating Lease Right-of-Use Assets | 269,011 | — | — |
| Other Assets | |||
| Restricted Cash And Cash Equivalents | 74,429 | 80,546 | -7.6% |
Show Business Segments breakouts |
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| Financial Services | 48,499 | 68,747 | -29.5% |
| Homebuilding | 25,930 | 11,799 | +119.8% |
| Accounts Receivable Net | 1,470,862 | 1,652,558 | -11.0% |
Show Business Segments breakouts |
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| Financial Services | 429,560 | 545,752 | -21.3% |
| Homebuilding | 1,002,629 | 1,053,211 | -4.8% |
| Homebuilding · Variable Interest Entity Primary Beneficiary | 2 | 6 | -66.7% |
| Multifamily | 38,673 | 53,595 | -27.8% |
| Inventory Homesunder Constructionand Finished Homes (Q) | — | — | — |
Show Business Segments breakouts |
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| Homebuilding | 8,822,271 | 10,884,861 | -18.9% |
| Homebuilding · Variable Interest Entity Primary Beneficiary | 45.6 | 9.7 | +370.1% |
| Inventory Real Estate Land And Land Development Costs (Q) | — | — | — |
Show Business Segments breakouts |
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| Homebuilding | 1,098,961 | 4,750,025 | -76.9% |
| Homebuilding · Variable Interest Entity Primary Beneficiary | 300.3 | 602.9 | -50.2% |
| Inventory Owned | 9,921,232 | 15,634,886 | -36.5% |
| Inventory Operative Builders | 11,841,255 | 20,312,430 | -41.7% |
Show Business Segments breakouts |
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| Homebuilding | 11,617,633 | 19,719,551 | -41.1% |
| Multifamily | 223,622 | 592,879 | -62.3% |
| Deposits And Pre Acquisition Costs | 6,398,729 | 3,658,015 | +74.9% |
Show Business Segments breakouts |
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| Homebuilding | 6,383,633 | 3,625,372 | +76.1% |
| Homebuilding · Land Bank | 2.2 | — | — |
| Multifamily | 15,096 | 32,643 | -53.8% |
| Equity Method Investments | 2,422,436 | 2,227,574 | +8.7% |
Show Business Segments breakouts |
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| Financial Services | 2,528 | — | — |
| Homebuilding | 1,545,370 | 1,344,836 | +14.9% |
| Homebuilding · FivePoint Unconsolidated Entity | 585.2 | 470.8 | +24.3% |
| Homebuilding · Variable Interest Entity Primary Beneficiary | 0.3 | 0.3 | 0.0% |
| Lennar Other | 367,965 | 379,435 | -3.0% |
| Lennar Other · Rialto Funds and Investment Vehicles | 133 | 140.1 | -5.1% |
| Lennar Other · Strategic Technology Investments | 235 | 239.3 | -1.8% |
| Multifamily | 506,573 | 503,303 | +0.6% |
| Multifamily · Lennar Multifamily Fund | 28 | — | — |
| Multifamily · LMV I | 107,475 | — | — |
| Multifamily · LMV II | 198,127 | — | — |
| Multifamily · TPG Fund | 48 | — | — |
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts |
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| Other Investees | 2.4 | 2.2 | +9.1% |
| Upward America Venture | 13.8 | 20.8 | -33.7% |
| Other Assets | 2,102,991 | 2,004,215 | +4.9% |
Show Business Segments breakouts |
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| Financial Services | 102,762 | 89,637 | +14.6% |
| Homebuilding | 1,794,378 | 1,734,698 | +3.4% |
| Homebuilding · Variable Interest Entity Primary Beneficiary | 8.9 | 42.3 | -79.0% |
| Lennar Other | 121,851 | 86,430 | +41.0% |
| Multifamily | 84,000 | 93,450 | -10.1% |
| Non-Current Liabilities | |||
| Accounts Payable Current And Noncurrent (Q) | — | — | — |
Show Business Segments breakouts |
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| Homebuilding | 1,812,484 | 1,839,440 | -1.5% |
Show Consolidated Entities breakouts |
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| Variable Interest Entity Primary Beneficiary | 23.8 | 67.3 | -64.6% |
| Long-Term Debt | 5,874,995 | 4,189,239 | +40.2% |
Show Business Segments breakouts |
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| Financial Services | 1,790,309 | 1,930,956 | -7.3% |
| Financial Services · Financing Agreement to Purchase Commercial Mortgage Backed Securities | 123,106 | 126,164 | -2.4% |
| Homebuilding | 4,084,686 | 2,258,283 | +80.9% |
| Homebuilding · 4.75% senior notes due 2027 | 698,845 | 698,266 | +0.1% |
| Homebuilding · 5.00% senior notes due 2027 | 350,590 | 350,974 | -0.1% |
| Homebuilding · 5.25% senior notes due 2026 | 400,608 | 401,824 | -0.3% |
| Homebuilding · Five Point Two Zero Percent Senior Notes Due Twenty Thirty | 694,165 | — | — |
| Homebuilding · Mortgage notes on land and other debt | 230,478 | 307,440 | -25.0% |
Show Consolidated Entities breakouts |
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| Variable Interest Entity Primary Beneficiary | 6 | 6 | 0.0% |
Show Credit Facility breakouts |
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| Revolving Credit Facility · Delayed Draw Term Loan | 1,710,000 | — | — |
| Total Liabilities | 12,289,828 | 13,291,556 | -7.5% |
Show Business Segments breakouts |
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| Financial Services | 2,010,598 | 2,140,708 | -6.1% |
| Homebuilding | 10,065,422 | 10,863,209 | -7.3% |
| Lennar Other | 100,447 | 105,756 | -5.0% |
| Multifamily | 113,361 | 181,883 | -37.7% |
| Multifamily · Variable Interest Entity Primary Beneficiary | 1 | 1 | 0.0% |
Show Consolidated Entities breakouts |
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| Variable Interest Entity Primary Beneficiary | 962.4 | 2.7 | +35544.4% |
| Variable Interest Entity Primary Beneficiary · Disposal Group Held For Sale Or Disposed Of By Sale Not Discontinued Operations | 100.1 | — | — |
| Other Liabilities | |||
| Liabilitiesfor Land Under Purchase Options Recorded | 1,476,376 | 3,563,934 | -58.6% |
Show Business Segments breakouts |
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| Homebuilding | 1,476,376 | 3,563,934 | -58.6% |
| Homebuilding · Land Bank | 257.9 | — | — |
| Homebuilding · Variable Interest Entity Primary Beneficiary | 930.1 | 2.6 | +35673.1% |
| Other Liabilities (Q) | — | — | — |
Show Business Segments breakouts |
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| Homebuilding | 2,691,876 | 3,201,552 | -15.9% |
| Homebuilding · Variable Interest Entity Primary Beneficiary | 1.5 | 45.8 | -96.7% |
| Stockholders' Equity | |||
| Common Stock (Q) | — | — | — |
Show Statement Class Of Stock breakouts |
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| Common Class A | 26,158 | 25,998 | +0.6% |
| Common Class B | 3,660 | 3,660 | 0.0% |
| Additional Paid-In Capital | 5,909,726 | 5,729,434 | +3.1% |
| Retained Earnings | 22,471,471 | 25,753,078 | -12.7% |
| Treasury Stock Value | -6,457,609 | -3,649,564 | -76.9% |
| Accumulated Other Comprehensive Income | 6,011 | 7,529 | -20.2% |
| Total Stockholders' Equity | 21,959,417 | 27,870,135 | -21.2% |
| Minority Interest | 181,192 | 151,090 | +19.9% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 22,140,609 | 28,021,225 | -21.0% |
Show Business Segments breakouts |
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| Homebuilding · Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 4,793,294 | 4,934,039 | -2.9% |
| Lennar Other · Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 2,020,007 | 2,047,437 | -1.3% |
| Multifamily · Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 2,962,186 | 3,087,381 | -4.1% |
Show Equity Components breakouts |
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| Accumulated Other Comprehensive Income | 6,011 | 7,529 | -20.2% |
| Additional Paid In Capital | 5,909,726 | 5,729,434 | +3.1% |
| Common Stock · Common Class A | 26,158 | 25,998 | +0.6% |
| Common Stock · Common Class B | 3,660 | 3,660 | 0.0% |
| Noncontrolling Interest | 181,192 | 151,090 | +19.9% |
| Parent | 21,959,417 | 27,870,135 | -21.2% |
| Retained Earnings | 22,471,471 | 25,753,078 | -12.7% |
| Treasury Stock Common | -6,457,609 | -3,649,564 | -76.9% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 9,775,487 | 10,068,857 | -2.9% |
| Total Liabilities & Equity | 34,430,437 | 41,312,781 | -16.7% |
Show Business Segments breakouts |
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| Homebuilding · Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 6,967,116 | 7,232,708 | -3.7% |
| Lennar Other · Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 2,162,391 | 2,457,506 | -12.0% |
| Multifamily · Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 5,615,674 | 6,133,294 | -8.4% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 14,745,181 | 15,823,508 | -6.8% |
| Land Under Purchase Options Recorded (Q) | — | — | — |
Show Business Segments breakouts |
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| Homebuilding | 1,696,401 | 4,084,665 | -58.5% |
| Homebuilding · Land Bank | 302.6 | — | — |
| Homebuilding · Variable Interest Entity Primary Beneficiary | 984.4 | 2.8 | +35057.1% |
Show Consolidated Entities breakouts |
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| Variable Interest Entity Not Primary Beneficiary | 984.4 | — | — |
Cash Flow Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation Amortization And Accretion Net | 134,310 | 115,528 | +16.3% |
Show Business Segments breakouts |
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| Central · Operating Segments | 30,593 | 29,036 | +5.4% |
| East · Operating Segments | 27,676 | 30,823 | -10.2% |
| Homebuilding · Operating Segments | 141,027 | 129,196 | +9.2% |
| Other · Operating Segments | 14,209 | 346 | +4006.6% |
| South Central · Operating Segments | 11,338 | 10,623 | +6.7% |
| West · Operating Segments | 57,211 | 58,368 | -2.0% |
| Amortization Of Debt Discount Premium | 88 | 148 | -40.5% |
| Income Loss From Equity Method Investments | -78,225 | -164,099 | +52.3% |
| Equity Method Investment Dividends Or Distributions | 36,578 | 155,565 | -76.5% |
Show Business Segments breakouts |
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| Multifamily · LMV I | 19,690 | — | — |
| Multifamily · LMV II | 770 | — | — |
| Stock-Based Compensation | 163,494 | 176,676 | -7.5% |
| Deferred Income Taxes And Tax Credits | 77,295 | 60,426 | +27.9% |
| Unrealized Gain Loss On Financing Receivables Held For Sale | -26,618 | 52,482 | -150.7% |
| Disposal Group Not Discontinued Operation Gain Loss On Disposal | 156,076 | — | — |
| Equity Method Investment Realized Gain Loss On Disposal (FY) | — | — | — |
Show Business Segments breakouts |
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| Homebuilding | -35,900 | — | — |
| Unrealized Gain Loss On Investments And Other Gain Loss (FY) | — | — | — |
Show Business Segments breakouts |
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| Lennar Other | -100,159 | -67,226 | -49.0% |
| Gain Loss On Sale Of Property Plant Equipment | -77,737 | -38,837 | -100.2% |
| Valuation Adjustmentsand Writeoffsof Option Deposits Preacquisitions Costsand Other Assets | 246,220 | 143,265 | +71.9% |
| Increase Decrease In Receivables | 66,764 | -129,212 | +151.7% |
| Change in Inventory | -150,921 | -285,095 | +47.1% |
| Increase In Deposits And Pre Acquisition Costs On Real Estate | -1,549,664 | -1,631,783 | +5.0% |
| Increase Decrease In Other Operating Assets | -186,071 | -113,276 | -64.3% |
| Increase Decrease In Loans Held For Sale | 123,733 | -218,393 | +156.7% |
| Increase Decrease In Accounts Payable And Accrued Liabilities | -690,751 | 380,380 | -281.6% |
| Net Cash from Operations | 216,812 | 2,403,379 | -91.0% |
| Deferred Income Taxes | 77,295 | 60,426 | +27.9% |
| Investing Activities | |||
| Capital Expenditures | -188,629 | -171,503 | -10.0% |
| Proceedsfrom Saleof Other Assets Property Plantand Equipmentand Mortgage Backed Securities | 150,824 | 61,441 | +145.5% |
| Proceeds From Divestiture Of Interest In Joint Venture | 258,672 | — | — |
| Proceeds From Sale Of Equity Method Investments | 100,330 | — | — |
| Payments To Acquire Equity Method Investments | -253,713 | -425,562 | +40.4% |
| Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital | 281,536 | 231,096 | +21.8% |
| Proceeds From Sale Of Loans Receivable | 114,661 | — | — |
| Payments To Acquire Businesses Net Of Cash Acquired | -254,492 | — | — |
| Payments For Proceeds From Loans And Leases | 11,580 | -734 | +1677.7% |
| Payments To Acquire Marketable Securities | -3,456 | -4,519 | +23.5% |
| Proceeds From Sale And Maturity Of Marketable Securities | 4,255 | 7,224 | -41.1% |
| Net Cash from Investing | 221,568 | -302,557 | +173.2% |
| Noncashor Part Noncash Acquisition Inventory Land Under Developmentand Other Assets Financedby Sellers | 320 | 35,292 | -99.1% |
| Noncashor Part Noncash Contribution Amount | 162,454 | 23,354 | +595.6% |
| Financing Activities | |||
| Proceeds From Lines Of Credit (FY) | — | — | — |
Show Credit Facility breakouts |
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| Term Loan Facility | 1,710,000 | — | — |
| Repayments Of Lines Of Credit (FY) | — | — | — |
Show Credit Facility breakouts |
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| Secured Debt | -140,648 | -232,848 | +39.6% |
| Proceeds From Issuance Of Senior Long Term Debt | 700,000 | — | — |
Show Business Segments breakouts |
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| Homebuilding · Five Point Two Zero Percent Senior Notes Due Twenty Thirty | 695,583 | — | — |
| Repayments Of Senior Debt | -500,000 | -553,865 | +9.7% |
| Repayments Of Other Debt | -57,860 | -43,524 | -32.9% |
Show Business Segments breakouts |
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| Homebuilding · Mortgage notes on land and other debt | -57,860 | -46,005 | -25.8% |
| Cash Divested From Deconsolidation Financing | -416,006 | — | — |
| Proceeds From Liabilities Related To Consolidated Inventory Not Owned | 2,118 | 195,524 | -98.9% |
| Payments For Turn Of Inventory Not Owned Financing Activities | -566,173 | -209,333 | -170.5% |
| Payments To Other Liabilities | -5,684 | -5,684 | 0.0% |
| Proceeds From Minority Shareholders | 32,105 | 20,117 | +59.6% |
| Payments To Minority Shareholders | -19,878 | -46,650 | +57.4% |
| Debt Issuance Costs | -6,502 | — | — |
| Share Repurchases | -1,808,369 | -2,256,464 | +19.9% |
| Payments Of Dividends Common Stock | -520,959 | -548,823 | +5.1% |
| Net Cash from Financing | -1,597,856 | -3,681,550 | +56.6% |
| Supplemental | |||
| Interest Paid | 50,137 | 54,921 | -8.7% |
| Income Taxes Paid | 988,544 | 790,476 | +25.1% |
| Other Cash Flow | |||
| Net Change in Cash | -1,159,476 | -1,580,728 | +26.6% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 3,830,734 | 4,990,210 | -23.2% |
Values in thousands USD. Source: SEC EDGAR 10-K filing.