Lennar Balance Sheet

Financials in millions USD. Fiscal year is December - November.

Millions USD. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Cash & Equivalents	2,085	3,497	4,734	6,315	4,639	2,755
Short-Term Investments	6,825	6,384	3,625	2,002	1,734	-
Cash & Short-Term Investments	8,910	9,881	8,360	8,317	6,373	2,755
Cash Growth	18.98%	18.20%	0.51%	30.50%	131.35%	0.29%
Accounts Receivable	960.91	879.63	952.49	730.06	602.38	340.88
Receivables	960.91	1,041	1,107	980.13	788.11	588.68
Inventory	12,122	11,841	20,312	18,898	20,100	19,169
Finance Div. Loans and Leases	-	2,642	2,857	2,858	2,648	2,389
Finance Div. Other Current Assets	-	307.37	244.13	242.45	153.38	179.03
Restricted Cash	27.54	25.93	11.8	13.48	23.05	21.93
Total Current Assets	22,021	25,739	32,892	31,309	30,086	25,103
Property, Plant & Equipment	-	642.84	516.2	404.79	355.1	339.91
Long-Term Investments	1,480	2,806	2,616	2,355	2,564	3,021
Goodwill	3,442	3,442	3,442	3,442	3,442	3,442
Long-Term Deferred Tax Assets	-	119.76	218.35	218.7	180.82	148.45
Other Long-Term Assets	3,459	1,253	1,213	1,038	903.31	757.34
Total Assets	33,210	34,430	41,313	39,234	37,984	33,208
Accounts Payable	1,738	1,812	1,839	1,631	1,616	1,321
Short-Term Debt	-	-	-	3.74	16.75	-
Current Portion of Long-Term Debt	-	453.06	-	-	-	-
Current Portion of Leases	-	86.9	-	-	-	-
Finance Div. Debt Current	-	1,667	-	-	-	-
Other Current Liabilities	-	400.59	446.24	414.8	418.02	377.02
Total Current Liabilities	1,738	4,420	2,286	2,050	2,051	1,698
Long-Term Debt	4,065	3,632	2,258	2,816	4,047	4,652
Finance Div. Debt Long-Term	1,390	123.11	1,931	2,164	2,135	1,726
Finance Div. Other Long-Term Liabilities	-	220.29	209.75	283.23	218.81	180.32
Long-Term Leases	-	177.26	-	-	-	-
Other Long-Term Liabilities	3,985	3,717	6,607	5,219	5,292	3,955
Total Liabilities	11,178	12,290	13,292	12,532	13,744	12,211
Common Stock	29.98	29.82	29.66	29.51	29.27	33.99
Additional Paid-In Capital	5,994	5,910	5,729	5,570	5,418	8,808
Retained Earnings	22,577	22,471	25,753	22,369	18,861	14,685
Treasury Stock	-6,727	-6,458	-3,650	-1,393	-210.39	-2,709
Comprehensive Income & Other	5.61	6.01	7.53	4.88	2.41	-1.34
Total Common Equity	21,879	21,959	27,870	26,581	24,101	20,816
Minority Interest	152.89	181.19	151.09	121.3	139.87	179.86
Shareholders' Equity	22,032	22,141	28,021	26,702	24,240	20,996
Total Liabilities & Equity	33,210	34,430	41,313	39,234	37,984	33,208
Total Debt	5,456	6,139	4,189	4,984	6,199	6,378
Net Cash (Debt)	3,455	3,742	4,170	3,333	173.93	-3,624
Net Cash Growth	-4.69%	-10.27%	25.12%	1816.35%	-	-
Net Cash Per Share	13.65	14.52	15.33	11.76	0.60	-11.82
Filing Date Shares Outstanding	244.44	246.99	265.52	280.82	289.7	298.88
Total Common Shares Outstanding	244.44	246.99	268.23	280.95	289.81	299.43
Working Capital	20,283	21,319	30,607	29,259	28,035	23,405
Book Value Per Share	89.51	88.91	103.90	94.61	83.16	69.52
Tangible Book Value	18,437	18,327	24,238	22,949	20,468	17,184
Tangible Book Value Per Share	75.43	74.20	90.36	81.68	70.63	57.39
Machinery	-	390.39	371.57	297.28	207.22	172.77
Leasehold Improvements	-	75.92	77.92	72.99	68.95	56.62
Order Backlog	-	5,158	5,309	-	-	-

Updated Feb 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q