Lennar (LEN) revenue breakdown

Consumer Cyclical · Residential Construction · Market cap $19.7B

By segment, West is the largest at 35% of fiscal 2025 revenue; South Central grew fastest, 9% a year over 2 years.

By product, Home is the largest at 94% of fiscal 2025 revenue; Other revenues grew fastest, 9% a year over 2 years.

Revenue by segment

Fiscal years, as Lennar reports them in its 10-K filings; fiscal 2025 total $34.2B.

Segments2016201720182019202020212022202320242025Share
West———————$12.1B$13.0B$11.9B 35%
Central———————$7.3B$7.9B$7.8B 23%
East———————$8.5B$8.3B$7.0B 20%
South Central———————$4.7B$4.8B$5.6B 16%
Financial Services$687M$892M$955M$825M$890M$899M$810M$977M$1.1B$1.2B 4%
Multifamily$287M$395M$421M$605M$576M$665M$866M$573M$412M$681M 2%
Lennar Other—$171M$118M$37M$41M$21M$44M$22M$14M$41M 0%
Other———————$39M$33M$27M 0%
Homebuilding$9.7B$11.2B$19.1B$20.8B$21.0B$25.5B$32.0B——— —
Rialto$234M————————— —

Revenue by product

Fiscal years, as Lennar reports them in its 10-K filings; fiscal 2025 total $34.2B.

Products202320242025Share
Home$32.5B$33.8B$32.1B 94%
Other revenues$1.7B$1.6B$2.0B 6%
Land sales revenues$110M$93M$130M 0%
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for LEN.
Open LEN in Investingly

Questions

Where does Lennar make its money?

In fiscal 2025, by segment: West $11.9B, Central $7.8B, East $7.0B, South Central $5.6B, Financial Services $1.2B.

From Lennar's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.