Capital Expenditures for Lennar (LEN)
According to Lennar's latest reported financial statements, the company's current capital expenditures (TTM) is $162.58M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

LEN
Currently viewingCapital ExpendituresSwitch metric
Latest period
$162.58M
YoY change
+10.0%
5Y CAGR
+21.0%
Peak year (1998)
$203.70M
Cumulative capital expenditures
$1.77B
CapEx history chart for Lennar (LEN) from 1989 to 2025
CapEx history table for Lennar (LEN) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $188.63M | +10.0% | ||
| 2024 | $171.50M | +71.8% | ||
| 2023 | $99.80M | +74.4% | ||
| 2022 | $57.21M | -12.2% | ||
| 2021 | $65.17M | -10.4% | ||
| 2020 | $72.75M | -15.9% | ||
| 2019 | $86.50M | -33.7% | ||
| 2018 | $130.44M | +16.7% | ||
| 2017 | $111.77M | +46.2% | ||
| 2016 | $76.44M | -16.3% | ||
| 2015 | $91.36M | +304.2% | ||
| 2014 | $22.60M | +178.1% | ||
| 2013 | $8.13M | +188.0% | ||
| 2012 | $2.82M | -71.6% | ||
| 2011 | $9.94M | +96.3% | ||
| 2010 | $5.06M | — | ||
| 2009 | $0 | — | ||
| 2008 | $0 | — | ||
| 2007 | $0 | -100.0% | ||
| 2006 | $26.78M | +23.2% | ||
| 2005 | $21.75M | -20.6% | ||
| 2004 | $27.39M | +45.3% | ||
| 2003 | $18.85M | +361.4% | ||
| 2002 | $4.08M | -68.8% | ||
| 2001 | $13.11M | -18.2% | ||
| 2000 | $16.02M | -54.4% | ||
| 1999 | $35.10M | -82.8% | ||
| 1998 | $203.70M | +187.7% | ||
| 1997 | $70.80M | +169.2% | ||
| 1996 | $26.30M | +160.4% | ||
| 1995 | $10.10M | -81.7% | ||
| 1994 | $55.10M | +157.5% | ||
| 1993 | $21.40M | +82.9% | ||
| 1992 | $11.70M | +160.0% | ||
| 1991 | $4.50M | +12.5% | ||
| 1990 | $4.00M | — | ||
| 1989 | $0 | — |
CapEx values are taken from Lennar's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Lennar (LEN) capital expenditures totalled $188.63M – grew 10.0% year-over-year.
Through 2020–2025 (5 years), Lennar capital expenditures delivered a +21.0% annualised rate; sustaining 3 straight years of year-over-year growth.
Lennar capital expenditures peaked at $203.70M in 1998; the latest annual figure is $188.63M in 2025 (7.4% below peak).
The highest annual capital expenditures of $203.70M was reported in 1998. The lowest in the available history was $0 in 1989.
Among 8 Consumer Cyclical peers, Lennar (LEN) ranks 8th; the peer median for capital expenditures is $3.52B.
Lennar Capital Expenditures by Year
Lennar Capital Expenditures 2025: $188.63M
Lennar capital expenditures in 2025 was $188.63M, grew 10.0% from 2024.
Lennar Capital Expenditures 2024: $171.50M
Lennar capital expenditures in 2024 was $171.50M, surged 71.8% from 2023.
Lennar Capital Expenditures 2023: $99.80M
Lennar capital expenditures in 2023 was $99.80M, surged 74.4% from 2022.
Lennar Capital Expenditures 2022: $57.21M
Lennar capital expenditures in 2022 was $57.21M, declined 12.2% below 2021.
Lennar Capital Expenditures 2021: $65.17M
Lennar capital expenditures in 2021 was $65.17M.
See more financial history for Lennar (LEN).
Sector peers — CapEx
Companies in the same sector as Lennar, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | $131.82B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | $86.66B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $8.53B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $3.68B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $3.37B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $1.96B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $322.00M | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $0 | Consumer Cyclical |
Frequently asked questions
What is Lennar's capital expenditures?
- Latest reported capital expenditures for Lennar (LEN) is $162.58M (period ending February 28, 2026).
How has Lennar capital expenditures changed year-over-year?
- Lennar (LEN) capital expenditures changed +10.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Lennar capital expenditures?
- Lennar (LEN) capital expenditures compound annual growth rate is +21.0% over the most recent 5 years available.
When did Lennar capital expenditures hit its highest annual value?
- Lennar capital expenditures reached its highest annual value of $203.70M in 1998.
What was Lennar capital expenditures in 2024?
- Lennar (LEN) capital expenditures in 2024 was $171.50M.
What was Lennar capital expenditures in 2025?
- Lennar (LEN) capital expenditures in 2025 was $188.63M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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