Lennar Corp. balance sheet
At the end of its fiscal year on Nov 30, 2025, Lennar Corp. reported total assets of $34.43B and shareholders' equity of $21.96B. That works out to liabilities equal to 36% of assets, long-term debt of 0.27× shareholders' equity.
Balance sheet at each fiscal year end
| Fiscal year ended | Nov 2016 | Nov 2017 | Nov 2018 | Nov 2019 | Nov 2020 | Nov 2021 | Nov 2022 | Nov 2023 | Nov 2024 | Nov 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $15.36B | $18.75B | $28.57B | $29.36B | $29.94B | $33.21B | $37.98B | $39.23B | $41.31B | $34.43B |
| Cash & equivalents | $1.33B | $2.65B | $1.56B | $1.45B | $2.86B | $2.96B | $4.82B | $6.57B | $4.91B | $3.76B |
| Total liabilities | $8.15B | $10.76B | $13.88B | $13.33B | $11.84B | $12.21B | $13.74B | $12.53B | $13.29B | $12.29B |
| Long-term debt | — | — | — | $9.57B | $7.42B | — | — | — | $4.19B | $5.87B |
| Shareholders' equity | $7.03B | $7.87B | $14.58B | $15.95B | $17.99B | $20.82B | $24.10B | $26.58B | $27.87B | $21.96B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 |
Balance-sheet figures are point-in-time values on the last day of each fiscal year. Some companies (for example banks and insurers) do not present current assets and liabilities; those cells show —.
Source: SEC EDGAR XBRL company facts for CIK 920760 (raw data). Most recent filing in this dataset: 10-Q filed Oct 2, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.