Company: LEN
Filing Date: 2025-07-01
Form Type: 10-Q
Source: 0001628280-25-033777
Chunk: 183

Company: LENNAR CORP /NEW/
Filing Date: 2025-07-01
Form: 10-Q
Item: Item 2
Chunk 183
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ins (Losses) on Sales of LandOther RevenueEquity in Earnings (Losses) from Unconsolidated EntitiesOther Income (Expense), netOperating EarningsEast$3,317,027 2,646,520 20.2 %342,915 865 6,449 14,933 32,464 397,626 Central3,327,136 2,710,067 18.5 %297,005 (3,690)2,817 (4)3,163 299,291 South Central2,666,273 2,188,413 17.9 %257,127 1,249 1,759 (8)(1,355)258,772 West5,707,665 4,733,641 17.1 %554,488 (12,153)3,343 1,010 (2,483)544,205 Other (2)10,720 12,035 (12.3)%(17,976)— 6,022 36,789 12,778 37,613 Totals$15,028,821 12,290,676 18.2 %1,433,559 (13,729)20,390 52,720 44,567 1,537,507 

Six 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 RevenueEquity in Earnings (Losses) from Unconsolidated EntitiesOther Income, netOperating EarningsEast$3,986,022 2,898,873 27.3 %736,193 11,596 5,207 12,414 38,548 803,958 Central3,210,271 2,540,020 20.9 %377,889 (451)2,322 6 18,293 398,059 South Central2,264,683 1,744,100 23.0 %340,993 1,434 1,292 (3)9,441 353,157 West5,785,395