DHI SIGNAL · FILING RESEARCH

LEN Free cash flow

Free cash flow at Lennar fell to $28M in fiscal 2025, the lowest in the 5 years reported, from $2.2B in 2024.

Not a GAAP measure. Derived here as operating cash flow less capital expenditure, both as filed; the arithmetic is shown in the table.

SOURCE: us-gaap:NetCashProvidedByUsedInOperatingActivities + us-gaap:PaymentsToAcquirePropertyPlantAndEquipment · EDGAR CompanyFacts · CIK 920760 · EDGAR ↗ · FY2021–FY2025 · ANNUAL

FY2025$28M
FY2024 $2.2B
HIGH$5.1B FY2023
LOW$28M FY2025

History AS FILED · DERIVATION SHOWN WHERE DERIVED

Fiscal yearOperating cash flowCapital expenditureFree cash flow
FY2025$217M−$189M$28M
FY2024$2.4B−$172M$2.2B
FY2023$5.2B−$100M$5.1B
FY2022$3.3B−$57M$3.2B
FY2021$2.5B−$65M$2.5B

More SAME DATA, OTHER VIEWS

Not investment advice. Every figure on this page is an XBRL fact from the issuer's own SEC filings or an arithmetic over such facts with the method shown. No forecast is made; no posture is expressed.