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	2,142	3,497	4,734	6,315	4,639	2,755
Short-Term Investments	6,833	6,399	3,658	2,002	1,734	-
Cash & Short-Term Investments	8,975	9,896	8,392	8,317	6,373	2,755
Cash Growth	19.67%	17.92%	0.90%	30.50%	131.35%	0.29%
Accounts Receivable	1,001	879.63	952.49	730.06	602.38	340.88
Receivables	1,001	1,041	1,107	980.13	788.11	588.68
Inventory	12,335	11,841	20,312	18,898	20,100	19,169
Finance Div. Loans and Leases	2,153	2,642	2,857	2,858	2,648	2,389
Finance Div. Other Current Assets	224.77	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	24,716	25,754	32,925	31,309	30,086	25,103
Property, Plant & Equipment	-	642.84	516.2	404.79	355.1	339.91
Long-Term Investments	2,577	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	2,045	1,238	1,180	1,038	903.31	757.34
Total Assets	33,210	34,430	41,313	39,234	37,984	33,208
Accounts Payable	1,921	2,026	2,127	1,631	1,616	1,321
Short-Term Debt	-	-	-	3.74	16.75	-
Current Portion of Long-Term Debt	400.3	453.06	-	-	-	-
Current Portion of Leases	65.38	86.9	-	-	-	-
Finance Div. Debt Current	-	1,667	-	-	-	-
Finance Div. Other Current Liabilities	199.27	220.29	209.75	-	-	-
Other Current Liabilities	381.67	400.59	446.24	414.8	418.02	377.02
Total Current Liabilities	2,968	4,854	2,783	2,050	2,051	1,698
Long-Term Debt	3,665	3,632	2,258	2,816	4,047	4,652
Finance Div. Debt Long-Term	1,191	123.11	1,931	2,164	2,135	1,726
Finance Div. Other Long-Term Liabilities	-	-	-	283.23	218.81	180.32
Long-Term Leases	184.47	177.26	-	-	-	-
Other Long-Term Liabilities	3,170	3,504	6,319	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	5,506	6,139	4,189	4,984	6,199	6,378
Net Cash (Debt)	3,469	3,757	4,203	3,333	173.93	-3,624
Net Cash Growth	-4.58%	-10.61%	26.10%	1816.35%	-	-
Net Cash Per Share	13.70	14.58	15.45	11.76	0.60	-11.82
Filing Date Shares Outstanding	246.3	246.99	265.52	280.82	289.7	298.88
Total Common Shares Outstanding	246.3	246.99	268.23	280.95	289.81	299.43
Working Capital	21,748	20,900	30,142	29,259	28,035	23,405
Book Value Per Share	88.83	88.91	103.90	94.61	83.16	69.52
Tangible Book Value	18,247	18,327	24,238	22,949	20,468	17,184
Tangible Book Value Per Share	74.09	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