LENNAR CORP /NEW/

Lennar Corporation constructs and sells single-family attached and detached residential homes, develops residential land, and develops multifamily rental housing. Beyond residential construction, the firm provides commercial mortgage originations, residential mortgage financing, and title insurance and closing services. It also sponsors and oversees investment funds and joint ventures that develop or hold multifamily and single-family rental assets, while investing in real estate and financial technologies. The enterprise operates across reportable business segments comprising Homebuilding, Financial Services, Multifamily, and Lennar Other, primarily serving prospective homebuyers ranging from first-time, move-up, and active adult purchasers to luxury and multi-generational clients.

Headquartered in Miami, Florida, the builder conducts homebuilding operations across multiple regions in the United States, including the East, Central, South Central, and West. Its operational reach spans dozens of states such as Florida, Texas, California, Arizona, North Carolina, and Pennsylvania. As of late 2025, the company engaged in active construction and sales across 1,708 communities.

Summary of the business section of Lennar's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“At November 30, 2025, we employed 12,532 individuals of whom 10,182 were involved in the Homebuilding operations, 2,132 were involved in the Financial Services operations and 218 were involved in the Multifamily operations, compared to November 30, 2024, when we employed 13,265 individuals of whom 10,653 were involved in the Homebuilding operations, ”