LEN Lennar
FY2025 10-K
Lennar (LEN) filed its fiscal year 2025 10-K annual report with the SEC on Jan 28, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.
AI Filing AnalysisFY2025 10-K
Business Overview
- • Core business model: U.S.-based homebuilding, mortgage origination, title services, multifamily rental development, fund sponsorship and technology investments
- • New emphasis on multifamily and single-family rental property fund sponsorship and management
Management Discussion & Analysis
- • Revenue $34.2B in 2025, down 3.6% YoY from $35.4B in 2024; home sales revenue down 5% to $32.1B from $33.8B
- • Homebuilding gross margin 17.7% in 2025 vs 22.3% in 2024; operating earnings $3.0B vs $5.3B prior year
Risk Factors
- • Key-person risk from interim CTO appointed May 2025 after prior CTO retirement, responsible for cybersecurity risk management
- • Cybersecurity risk oversight by Audit Committee, with CTO reports at least quarterly including incident response plans
Financial SummaryXBRL
Revenue
$34.2B
Net Income
$2.1B
Net Margin
6.1%
ROE
9.5%
Total Assets
$34.4B
EPS (Diluted)
$7.98
Operating Cash Flow
$217M
Source: XBRL data from Lennar FY2025 10-K filing on SEC EDGAR. All figures in USD.
Get deeper insights on Lennar
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.