LEN · XBRL financial data
Lennar financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (LEN's year ends in late November)
| In millions of dollars | Nov 30, 2020 | Nov 30, 2021 | Nov 30, 2022 | Nov 30, 2023 | Nov 30, 2024 | Nov 30, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 22,489 | 27,131 | 33,671 | 34,233 | 35,441 | 34,187 |
| Selling, general and administrative | — | — | — | 2,231 | 2,480 | 2,678 |
| General and administrative | 358 | 398 | — | 501 | 649 | 637 |
| Operating income (loss) | 3,482 | — | — | — | — | — |
| Income tax expense (benefit) | 656 | 1,363 | 1,366 | 1,241 | 1,217 | 706 |
| Net income (loss) | 2,465 | 4,430 | 4,614 | 3,939 | 3,933 | 2,078 |
| Earnings per share, basic USD per share | 7.88 | 14.28 | 15.74 | 13.73 | 14.31 | 7.98 |
| Earnings per share, diluted USD per share | 7.85 | 14.27 | 15.72 | 13.73 | 14.31 | — |
| Weighted average shares, basic millions of shares | 309 | 307 | 290 | 283 | 272 | 258 |
| Weighted average shares, diluted millions of shares | 309 | 307 | 290 | 283 | 272 | — |
Balance sheet
CSVFiscal years (LEN's year ends in late November)
| In millions of dollars | Nov 30, 2020 | Nov 30, 2021 | Nov 30, 2022 | Nov 30, 2023 | Nov 30, 2024 | Nov 30, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2,863 | 2,956 | 4,816 | 6,571 | 4,910 | 3,756 |
| Property and equipment, net | 412 | 340 | 355 | 405 | 516 | 643 |
| Right-of-use asset | 113 | 156 | 150 | 146 | 275 | 269 |
| Goodwill | 3,632 | — | — | — | 3,632 | 3,632 |
| Total assets | 29,935 | 33,208 | 37,984 | 39,234 | 41,313 | 34,430 |
| Total liabilities | 11,836 | 12,211 | 13,744 | 12,532 | 13,292 | 12,290 |
| Retained earnings | 10,565 | 14,685 | 18,861 | 22,369 | 25,753 | 22,471 |
| Total stockholders' equity | 17,995 | 20,816 | 24,101 | 26,581 | 27,870 | 21,959 |
| Total liabilities and equity | 29,935 | 33,208 | 37,984 | 39,234 | 41,313 | 34,430 |
Cash flows
CSVFiscal years (LEN's year ends in late November)
| In millions of dollars | Nov 30, 2020 | Nov 30, 2021 | Nov 30, 2022 | Nov 30, 2023 | Nov 30, 2024 | Nov 30, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 2,465 | 4,430 | 4,614 | 3,939 | 3,933 | 2,078 |
| Stock-based compensation | 107 | 135 | 184 | 161 | 177 | 163 |
| Net cash from operating activities | 4,191 | 2,533 | 3,266 | 5,180 | 2,403 | 217 |
| Purchases of property and equipment | 73 | 65 | 57 | 100 | 172 | 189 |
| Net cash from investing activities | (280) | (105) | (128) | (177) | (303) | 222 |
| Proceeds from issuing common stock | 0 | 0 | — | — | — | — |
| Share repurchases | 322 | 1,430 | 1,039 | 1,183 | 2,256 | 1,808 |
| Dividends paid | 195 | 310 | 438 | 431 | 549 | 521 |
| Net cash from financing activities | (2,447) | (2,405) | (1,277) | (3,248) | (3,682) | (1,598) |
| Net change in cash | 1,464 | 23 | 1,860 | 1,755 | (1,581) | (1,159) |
Compare with peers
SIC 1520 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.
How peers are chosen
- SIC 1520 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Fewer than three companies fall in that range, so the list adds same-SIC (1520) companies nearest in public float, each marked “added: same SIC”.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
- A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Lennar | 1,499 | 8,046 | (104)* | not reported | — | 10-QAug 31, 2026 |
| Installed Building Productsadded: same SIC | 395 | 778 | 69* | 26.6M | — | 10-QJun 30, 2026 |
| Geo Groupadded: same SIC | 55 | 732 | 80* | 131.6M | — | 10-QJun 30, 2026 |
| BOXABLadded: same SIC | 0.1 | not reported | (0.9)* | 2.3M | 0.1 quarters | 10-QJun 30, 2026 |
| Eline Entertainment Groupadded: same SIC | 0 | 0 | (0)* | 8.5B | — | 10-QJun 30, 2026 |
| Blackwell 3D Constructionadded: same SIC | 0 | 0 | (0)* | 42.5M | 0.0 quarters | 10-QNov 30, 2025 |
| Amatuhi Holdingsadded: same SIC | not reported | not reported | not reported | not reported | — | — |
| FBS Globaladded: same SIC | 5.3 | year only | year only | 13.5M | — | 20-FDec 31, 2025 |
| Gafisaadded: same SIC | not reported | not reported | not reported | not reported | — | — |
Not investment advice. Not affiliated with the U.S. SEC.
