Company: LEN
Filing Date: 2025-01-23
Form Type: 10-K
Source: 0001628280-25-002404
Chunk: 143

Company: LENNAR CORP /NEW/
Filing Date: 2025-01-23
Form: 10-K
Item: Item 7
Chunk 143
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 Earnings (loss) before income taxes$5,342,252 577,184 42,635 (47,967)(729,196)5,184,908 

28

Year ended November 30, 2023(In thousands)HomebuildingFinancial ServicesMultifamilyLennar OtherCorporateTotalRevenues:Sales of homes$32,459,129 — — — — 32,459,129 Sales of land109,963 — — — — 109,963 Other revenues91,895 976,859 573,485 22,035 — 1,664,274 Total revenues32,660,987 976,859 573,485 22,035 — 34,233,366 Costs and expenses:Costs of homes sold24,900,470 — — — — 24,900,470 Costs of land sold92,142 — — — — 92,142 Selling, general and administrative2,231,033 — — — — 2,231,033 Other costs and expenses— 467,398 573,658 27,681 — 1,068,737 Total costs and expenses27,223,645 467,398 573,658 27,681 — 28,292,382 Equity in losses from unconsolidated entities(3,886)— (52,073)(88,651)— (144,610)Other income (expense), net and other gains (losses)94,251 — 1,595 (65,329)— 30,517 Lennar Other unrealized losses from technology investments— — — (50,162)— (50,162)Operating earnings (loss)5,527,707 509,461 (50,651)(209,788)— 5,776,729 Corporate general and administrative expenses— — — — 501,338 501,338 Charitable foundation contribution— — — — 73,087 73,087 Earnings (loss) before income taxes$5,527,707 509,461 (50,651)(209,788)(574,425)5,202,304 

2024 versus 2023

Revenues from