Company: LEN
Filing Date: 2025-01-23
Form Type: 10-K
Source: 0001628280-25-002404
Chunk: 142

Company: LENNAR CORP /NEW/
Filing Date: 2025-01-23
Form: 10-K
Item: Item 7
Chunk 142
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2024 were $3.8 billion, or $13.86 per diluted share. Excluding mark-to-market losses of $50.2 million on technology investments, a $65.0 million write-off of one of our non-public technology investments and other one-time items, net earnings attributable to Lennar in 2023 were $4.1 billion or $14.25 per diluted share.

Financial information relating to our operations was as follows:

Year ended November 30, 2024(In thousands)HomebuildingFinancial ServicesMultifamilyLennar OtherCorporateTotalRevenues:Sales of homes$33,778,149 — — — — 33,778,149 Sales of land93,384 — — — — 93,384 Other revenues34,893 1,109,263 411,537 14,226 — 1,569,919 Total revenues33,906,426 1,109,263 411,537 14,226 — 35,441,452 Costs and expenses:Costs of homes sold26,255,353 — — — — 26,255,353 Costs of land sold73,802 — — — — 73,802 Selling, general and administrative2,480,309 — — — — 2,480,309 Other costs and expenses— 532,079 521,455 79,495 — 1,133,029 Total costs and expenses28,809,464 532,079 521,455 79,495 — 29,942,493 Equity in earnings (losses) from unconsolidated entities66,448 — 150,753 (53,102)— 164,099 Other income, net and other gains178,842 — 1,800 45,224 — 225,866 Lennar Other unrealized gains from technology investments— — — 25,180 — 25,180 Operating earnings (loss)5,342,252 577,184 42,635 (47,967)— 5,914,104 Corporate general and administrative expenses— — — — 648,986 648,986 Charitable foundation contribution— — — — 80,210 80,210