Company: LEN
Filing Date: 2025-07-01
Form Type: 10-Q
Source: 0001628280-25-033777
Chunk: 143

Company: LENNAR CORP /NEW/
Filing Date: 2025-07-01
Form: 10-Q
Item: Item 8
Chunk 143
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%(13,530)— 3,562 8,390 8,856 7,278 Totals$7,788,275 6,402,532 17.8 %696,896 (12,978)12,392 17,716 14,208 728,234 Three Months Ended May 31, 2024Gross MarginsOperating Earnings($ in thousands)Sales of Homes RevenueCosts of Sales of HomesGross Margin (Loss) %Net Margins (Losses) on Sales of Homes (1)Gross Margins (Losses) on Sales of LandOther RevenuesEquity in Earnings (Losses) from Unconsolidated EntitiesOther Income, netOperating Earnings East$2,123,136 1,555,904 26.7 %389,854 6,332 2,896 5,317 22,649 427,048 Central1,769,843 1,384,261 21.8 %227,555 (30)1,436 (10)7,485 236,436 South Central1,194,525 912,228 23.6 %179,400 393 680 (3)4,106 184,576 West3,263,903 2,609,981 20.0 %467,453 — 1,564 1,236 8,684 478,937 Other (2)6,343 7,578 (19.5)%(6,064)— 3,135 8,976 7,111 13,158 Totals$8,357,750 6,469,952 22.6 %1,258,198 6,695 9,711 15,516 50,035 1,340,155 

Six Months Ended May 31, 2025Gross MarginsOperating Earnings($ in thousands)Sales of Homes RevenueCosts of Sales of HomesGross Margin (Loss) %Net Margins (Losses) on Sales of Homes (1)Gross Margins (Losses) on Sales of LandOther RevenueEquity in Earnings (Losses) from Unconsolidated EntitiesOther Income (Expense), netOperating EarningsEast$3,317,027 2,646,520 20.2 %