Company: LEN
Filing Date: 2025-04-04
Form Type: 10-Q
Source: 0001628280-25-016792
Chunk: 119

Company: LENNAR CORP /NEW/
Filing Date: 2025-04-04
Form: 10-Q
Item: Item 8
Chunk 119
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 1,278,646 21.5 %188,049 72 2,735 6,638 25,128 222,622 Central1,557,554 1,269,983 18.5 %134,263 (1,901)854 (3)2,239 135,452 South Central1,160,523 946,529 18.4 %119,172 2,664 701 (2)(452)122,083 West2,888,685 2,386,679 17.4 %299,625 (1,586)1,248 (28)(478)298,781 Other (2)5,887 6,307 (7.1)%(4,446)— 2,460 28,399 3,922 30,335 Totals$7,240,546 5,888,144 18.7 %736,663 (751)7,998 35,004 30,359 809,273 Three Months Ended February 29, 2024Gross MarginsOperating Earnings (Loss)($ in thousands)Sales of Homes RevenueCosts of Sales of HomesGross Margin %Net Margins (Loss) on Sales of Homes (1)Gross Margins (Loss) on Sales of LandOther RevenuesEquity in Earnings from Unconsolidated EntitiesOther Income (Expense), netOperating Earnings East$1,862,885 1,342,969 27.9 %346,339 5,263 2,311 7,097 15,899 376,909 Central1,440,429 1,155,758 19.8 %150,334 (421)886 16 10,808 161,623 South Central1,070,159 831,873 22.3 %161,594 1,042 612 — 5,335 168,583 West2,521,491 2,055,622 18.5 %287,062 851 1,644 2,477 16,753 308,787 Other (2)6,817 9,310 (36.6)%(7,067)— 3,005 3,712 13,244 12,894