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Lennar Corporation (LEN)
NYSE: LEN · Real-Time Price · USD
86.33
+1.22 (1.43%)
At close: Aug 28, 2026, 4:00 PM EDT
86.48
+0.15 (0.17%)
After-hours: Aug 28, 2026, 7:59 PM EDT

Lennar Cash Flow Statement

Millions USD. Fiscal year is Dec - Nov.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
May '26 Nov '25 Nov '24 Nov '23 Nov '22 Nov '21
Net Income
1,6152,0783,9333,9394,6144,430
Depreciation & Amortization
137.86134.31115.53110.1687.0885.95
Other Amortization
1.150.090.15-1.65-2.16-
Loss (Gain) From Sale of Assets
100.1651.7212.8210.0325.67-19.24
Asset Writedown & Restructuring Costs
264.81246.22143.27125.34110.6925.7
Loss (Gain) From Sale of Investments
-192.96-136.06-67.23112.54672.21-681.74
Loss (Gain) on Equity Investments
-62.67-41.65-8.53197.74107.6-3.01
Stock-Based Compensation
139.28163.49176.68160.72184.09134.62
Other Operating Activities
126.26107.4295.55-45.19-212.28211.29
Change in Accounts Receivable
125.6966.76-129.21-329.19-422.4-289.78
Change in Inventory
384.81-150.92-285.12,274-1,712-1,184
Change in Accounts Payable
-362.56-690.75380.38-625.86701.11881.31
Change in Other Net Operating Assets
-1,394-1,612-1,963-747.49-888.31-1,058
Operating Cash Flow
882.99216.812,4035,1803,2662,533
Operating Cash Flow Growth
115.53%-90.98%-53.60%58.61%28.94%-39.56%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
May '26 Nov '25 Nov '24 Nov '23 Nov '22 Nov '21
Capital Expenditures
-166.22-188.63-171.5-99.8-57.21-65.17
Sale of Property, Plant & Equipment
----24.6941.55
Cash Acquisitions
--254.49----
Divestitures
-----3.33
Investment in Securities
153.87387.62-191.76-104.73-116.66-114.21
Other Investing Activities
126.37150.8261.4413.221.40.02
Investing Cash Flow
116.13221.57-302.56-176.98-128.3-105.09

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
May '26 Nov '25 Nov '24 Nov '23 Nov '22 Nov '21
Long-Term Debt Issued
-2,410-28.71409.07276.08
Long-Term Debt Repaid
--698.51-830.24-1,226-623.08-1,355
Net Debt Issued (Repaid)
1,8151,711-830.24-1,198-214.01-1,079
Repurchase of Common Stock
-1,249-1,808-2,256-1,183-1,039-1,430
Common Dividends Paid
-502.26-520.96-548.82-430.56-438.04-309.78
Other Financing Activities
-368.24-980.02-46.03-436.78414.08414.24
Financing Cash Flow
-304.36-1,598-3,682-3,248-1,277-2,405

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
May '26 Nov '25 Nov '24 Nov '23 Nov '22 Nov '21
Net Cash Flow
694.76-1,159-1,5811,7551,86022.95

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
May '26 Nov '25 Nov '24 Nov '23 Nov '22 Nov '21
Free Cash Flow
716.7728.182,2325,0803,2082,468
Free Cash Flow Growth
157.22%-98.74%-56.06%58.33%30.02%-40.08%
Free Cash Flow Margin
2.19%0.08%6.30%14.84%9.53%9.10%
Free Cash Flow Per Share
2.890.118.2117.9311.078.05
Levered Free Cash Flow
1,0789,334866.384,0521,6821,313
Unlevered Free Cash Flow
1,0859,343877.964,0641,6961,326

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
May '26 Nov '25 Nov '24 Nov '23 Nov '22 Nov '21
Cash Interest Paid
50.1450.1454.9281.2267.8447.72
Cash Income Tax Paid
988.54988.54790.481,8651,2731,141
Change in Working Capital
-1,246-2,387-1,997571.54-2,321-1,651
SEC Filings: 10-K · 10-Q