Lennar is one of the largest U.S. homebuilders by deliveries, revenues, and net earnings, with homebuilding generating approximately $32 billion or 94% of consolidated revenues in fiscal 2025. The company also originates residential and commercial mortgage loans, provides title insurance and closing services, and develops multifamily rental properties through sponsored funds and joint ventures.
Homebuilding operations are organized into four reportable segments — East, Central, South Central, and West — covering more than 20 states, with an Other segment for urban divisions. Lennar pursues efficiency through technology and a construction playbook targeting lower costs and reduced customer acquisition expenses. In February 2025, the company acquired Rausch Coleman Homes, expanding into new markets in Arkansas, Oklahoma, Alabama, and Kansas/Missouri.
Lennar Homebuilding East Central West Houstonand Other 49% · Homebuilding West 18% · Homebuilding Central 12% · Homebuilding East 10% · …
business segments · FY2025 (ended Nov 2025) · share of tagged segment revenue (10-K XBRL, as filed)
