Lennar Corporation (LEN) quarterly balance sheet — complete assets, liabilities & equity history
Lennar Corporation (LEN) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 15.05B | 18.33B | 13.52B | 17.14B | 17.01B | 17.47B | 18.37B | 26.96B | 26.56B | 25.98B | 26.49B | 27.16B | 28.02B | 27.57B | 27.34B | 28.29B | 25.77B | 25.16B | 23.51B | 23.42B |
| Cash & Short-Term Investments | 1.15B | 1.82B | 2.09B | 3.8B | 1.73B | 1.46B | 2.57B | 4.98B | 4.3B | 3.91B | 5.25B | 6.56B | 4.11B | 4.3B | 4.25B | 4.79B | 1.52B | 1.52B | 1.58B | 2.93B |
| Cash Only | 1.15B | 1.82B | 2.09B | 3.8B | 1.73B | 1.46B | 2.57B | 4.98B | 4.3B | 3.91B | 5.25B | 6.56B | 4.11B | 4.3B | 4.25B | 4.79B | 1.52B | 1.52B | 1.58B | 2.93B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 924.86M | 978.8M | 960.91M | 1.47B | 1.55B | 1.47B | 1.53B | 1.65B | 1.61B | 1.55B | 1.28B | 1.7B | 1.32B | 1.09B | 999.97M | 1.61B | 1.38B | 1.11B | 916.38M | 1.3B |
| Days Sales Outstanding | 10.88 | 11.24 | 16.53 | 14.67 | 15.77 | 16.5 | 18.79 | 14.91 | 15.44 | 14.89 | 18.55 | 12.51 | 12.7 | 11.95 | 18.13 | 13.39 | 12.83 | 11.16 | 16.05 | 11.71 |
| Inventory | 12.94B | 12.38B | 10.48B | 11.84B | 13.7B | 14.52B | 14.25B | 20.31B | 20.64B | 20.51B | 19.94B | 18.9B | 22.58B | 22.17B | 22.07B | 21.86B | 22.84B | 22.49B | 20.99B | 19.17B |
| Days Inventory Outstanding | 173.54 | 141.16 | 161.23 | 136.1 | 163.93 | 174.75 | 229.73 | 222.07 | 238.29 | 252.48 | 283.32 | 229.21 | 288.84 | 303.22 | 357.2 | 247.21 | 304.03 | 313.24 | 361.64 | 268.03 |
| Other Current Assets | 34.09M | 3.12B | 0 | 25.93M | 29.93M | 23.99M | 22.49M | 11.8M | 12.6M | 11.57M | 12.63M | 13.48M | 16.2M | 19M | 22.5M | 23.05M | 32.58M | 28.44M | 27.02M | 21.93M |
| Total Non-Current Assets | 18.33B | 15.37B | 3.44B | 17.29B | 17.87B | 16.91B | 16.61B | 14.36B | 13.18B | 12.68B | 12.46B | 12.07B | 9.41B | 9.29B | 9.23B | 9.69B | 9.57B | 9.15B | 9.13B | 9.79B |
| Property, Plant & Equipment | 0 | 0 | 0 | 911.85M | 285.19M | 277.13M | 270.68M | 791.45M | 223.61M | 151.6M | 104.78M | 550.6M | 137.82M | 138.75M | 143.46M | 505.06M | 151.97M | 149.77M | 152.07M | 495.52M |
| Fixed Asset Turnover | - | - | - | 15.65x | 31.34x | 30.59x | 14.37x | 19.60x | 50.19x | 68.38x | 22.32x | 31.86x | 63.13x | 57.02x | 20.02x | 30.97x | 59.22x | 55.39x | 19.16x | 25.84x |
| Goodwill | 3.44B | 3.44B | 3.44B | 3.63B | 3.63B | 3.63B | 3.63B | 3.63B | 3.63B | 3.63B | 3.63B | 3.63B | 3.63B | 3.63B | 3.63B | 3.63B | 3.63B | 3.63B | 3.63B | 3.63B |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1.47B | 1.48B | 1.48B | 9.34B | 10.03B | 9.31B | 9.14B | 6.47B | 5.8B | 5.49B | 5.05B | 4.59B | 2.7B | 2.69B | 2.72B | 2.75B | 2.86B | 2.84B | 2.96B | 3.22B |
| Other Non-Current Assets | 13.41B | 10.45B | -1.48B | 3.4B | 3.92B | 3.69B | 3.57B | 3.46B | 3.53B | 3.41B | 3.67B | 3.3B | 2.95B | 2.83B | 2.73B | 2.8B | 2.92B | 2.53B | 2.38B | 2.44B |
| Total Assets | 33.38B | 33.7B | 33.21B | 34.43B | 34.88B | 34.37B | 34.99B | 41.31B | 39.74B | 38.67B | 38.95B | 39.23B | 37.44B | 36.86B | 36.57B | 37.98B | 35.34B | 34.31B | 32.64B | 33.21B |
| Asset Turnover | 0.24x | 0.24x | 0.20x | 0.27x | 0.25x | 0.24x | 0.20x | 0.25x | 0.24x | 0.23x | 0.19x | 0.29x | 0.23x | 0.22x | 0.17x | 0.28x | 0.26x | 0.25x | 0.19x | 0.26x |
| Asset Growth % | -4.3% | -1.96% | -5.08% | -16.66% | -12.24% | -11.1% | -10.18% | 5.3% | 6.15% | 4.91% | 6.5% | 3.29% | 5.94% | 7.44% | 12.07% | 14.38% | 7.93% | 9.87% | 6.82% | 10.93% |
| Total Current Liabilities | 1.8B | 3.94B | 3.61B | 5.5B | 3.77B | 4.74B | 5.54B | 7.83B | 5.16B | 4.98B | 6.21B | 6.73B | 5.19B | 4.91B | 4.57B | 5.86B | 3.22B | 2.99B | 2.39B | 4.63B |
| Accounts Payable | 1.8B | 1.78B | 1.74B | 1.81B | 1.52B | 2.13B | 1.93B | 1.84B | 1.79B | 1.73B | 1.57B | 1.63B | 1.72B | 1.7B | 1.49B | 1.62B | 1.55B | 1.56B | 1.32B | 1.32B |
| Days Payables Outstanding | 24.54 | 21.75 | 25.65 | 17.76 | 21.19 | 24.61 | 25.03 | 19.67 | 20.36 | 20.55 | 23.32 | 18.53 | 22.09 | 21.88 | 25.26 | 17.52 | 20.84 | 20.72 | 23.8 | 17.71 |
| Short-Term Debt | 0 | 2.15B | 428.98M | 2.21B | 265.5M | 296.52M | 577.58M | 2.43B | 24.06M | 28.7M | 1.6B | 2.55B | 1.17B | 1.19B | 1.21B | 2.28B | 8.52M | 17.59M | 26.9M | 2.33B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 1.45B | 1.48B | 1.99B | 2.32B | 3.04B | 3.56B | 3.34B | 3.23B | 3.04B | 2.54B | 2.3B | 2.01B | 1.87B | 1.97B | 1.66B | 1.41B | 1.04B | 976.6M |
| Current Ratio | 8.38x | 4.66x | 3.74x | 3.12x | 4.51x | 3.68x | 3.32x | 3.44x | 5.15x | 5.21x | 4.27x | 4.04x | 5.40x | 5.62x | 5.98x | 4.83x | 8.00x | 8.42x | 9.85x | 5.06x |
| Quick Ratio | 1.17x | 1.51x | 0.84x | 0.96x | 0.88x | 0.62x | 0.74x | 0.85x | 1.15x | 1.10x | 1.05x | 1.23x | 1.05x | 1.10x | 1.15x | 1.10x | 0.91x | 0.89x | 1.06x | 0.92x |
| Cash Conversion Cycle | 159.88 | 130.64 | 152.11 | 133.01 | 158.52 | 166.63 | 223.49 | 217.31 | 233.37 | 246.81 | 278.54 | 223.19 | 279.45 | 293.3 | 350.06 | 243.08 | 296.02 | 303.68 | 353.9 | 262.04 |
| Total Non-Current Liabilities | 9.89B | 8B | 7.56B | 6.79B | 8.35B | 6.9B | 6.58B | 5.46B | 7.03B | 6.67B | 5.97B | 5.81B | 6.46B | 6.79B | 7.45B | 7.88B | 8.99B | 9.53B | 9.4B | 7.58B |
| Long-Term Debt | 4.3B | 4.05B | 3.67B | 3.93B | 5.15B | 3.96B | 3.11B | 1.86B | 3.81B | 3.65B | 2.83B | 2.46B | 3.32B | 3.85B | 4.03B | 3.96B | 5.56B | 5.98B | 5.85B | 4.09B |
| Capital Lease Obligations | 0 | 0 | 221.17M | 177.26M | 249.71M | 217.65M | 178.4M | 163.98M | 208.63M | 133.87M | 78.41M | 120.38M | 137.51M | 129.81M | 126.28M | 124.67M | 143.46M | 140.99M | 134.31M | 123.13M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 5.59B | 3.95B | 3.68B | 2.68B | 2.96B | 2.72B | 3.29B | 3.44B | 3.01B | 2.88B | 3.06B | 3.22B | 3B | 2.81B | 3.29B | 3.8B | 3.28B | 3.4B | 3.41B | 3.37B |
| Total Liabilities | 11.68B | 11.94B | 11.18B | 12.29B | 12.13B | 11.64B | 12.12B | 13.29B | 12.18B | 11.65B | 12.17B | 12.53B | 11.65B | 11.7B | 12.02B | 13.74B | 12.21B | 12.52B | 11.79B | 12.21B |
| Total Debt | 4.3B | 6.2B | 4.32B | 6.32B | 5.66B | 4.47B | 3.86B | 4.45B | 4.04B | 3.81B | 4.51B | 5.14B | 4.62B | 5.17B | 5.37B | 6.36B | 5.71B | 6.14B | 6.01B | 6.54B |
| Net Debt | 3.15B | 4.38B | 2.23B | 2.51B | 3.94B | 3.02B | 1.3B | -527.05M | -257.18M | -95.63M | -741.54M | -1.42B | 515.93M | 876.59M | 1.12B | 1.57B | 4.2B | 4.62B | 4.44B | 3.61B |
| Debt / Equity | 0.20x | 0.28x | 0.20x | 0.29x | 0.25x | 0.20x | 0.17x | 0.16x | 0.15x | 0.14x | 0.17x | 0.19x | 0.18x | 0.21x | 0.22x | 0.26x | 0.25x | 0.28x | 0.29x | 0.31x |
| Debt / EBITDA | 9.63x | 16.15x | 16.20x | 9.00x | 7.50x | 6.56x | 5.19x | 3.14x | 3.02x | 3.01x | 4.77x | 2.65x | 3.03x | 4.19x | 6.32x | 3.35x | 2.89x | 3.25x | 5.40x | 3.65x |
| Net Debt / EBITDA | 7.05x | 11.42x | 8.37x | 3.58x | 5.21x | 4.42x | 1.74x | -0.37x | -0.19x | -0.08x | -0.78x | -0.73x | 0.34x | 0.71x | 1.32x | 0.83x | 2.12x | 2.45x | 3.99x | 2.01x |
| Interest Coverage | 7.54x | 8.47x | - | - | - | - | - | 327.01x | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 21.7B | 21.77B | 22.03B | 22.14B | 22.75B | 22.73B | 22.87B | 28.02B | 27.56B | 27.02B | 26.78B | 26.7B | 25.79B | 25.16B | 24.56B | 24.24B | 23.13B | 21.79B | 20.85B | 21B |
| Equity Growth % | -4.64% | -4.25% | -3.65% | -20.99% | -17.44% | -15.86% | -14.6% | 4.94% | 6.86% | 7.37% | 9.05% | 10.15% | 11.51% | 15.47% | 17.79% | 15.45% | 11.3% | 10.6% | 9.62% | 16.01% |
| Book Value per Share | 91.25 | 89.72 | 90.13 | 87.73 | 89.01 | 86.93 | 87.04 | 104.85 | 102.00 | 98.70 | 96.69 | 95.56 | 91.17 | 88.31 | 85.84 | 84.35 | 80.27 | 75.16 | 70.93 | 69.70 |
| Total Shareholders' Equity | 21.56B | 21.62B | 21.88B | 21.96B | 22.57B | 22.58B | 22.73B | 27.87B | 27.41B | 26.88B | 26.65B | 26.58B | 25.66B | 25.02B | 24.42B | 24.1B | 22.98B | 21.6B | 20.68B | 20.82B |
| Common Stock | 29.97M | 29.97M | 29.98M | 29.82M | 29.81M | 29.8M | 29.79M | 29.66M | 29.66M | 29.66M | 29.64M | 29.51M | 29.5M | 29.5M | 29.49M | 29.27M | 29.24M | 29.24M | 34.19M | 33.99M |
| Retained Earnings | 22.92B | 22.76B | 22.58B | 22.47B | 22.11B | 21.65B | 21.3B | 25.75B | 24.79B | 23.76B | 22.95B | 22.37B | 21.11B | 20.11B | 19.35B | 18.86B | 17.65B | 16.29B | 15.08B | 14.69B |
| Treasury Stock | -7.45B | -7.19B | -6.73B | -6.46B | -5.46B | -4.95B | -4.42B | -3.65B | -3.12B | -2.6B | -1.99B | -1.39B | -1.05B | -675.69M | -468.35M | -210.39M | -89.76M | -76.61M | -3.29B | -2.71B |
| Accumulated OCI | 5.75M | 5.68M | 5.61M | 6.01M | 6.02M | 6.02M | 7.35M | 7.53M | 7.04M | 6.6M | 5.24M | 4.88M | 4.04M | 3.83M | 3.26M | 2.41M | 2.09M | 1.75M | 1.69M | -1.34M |
| Minority Interest | 137.46M | 145.09M | 152.89M | 181.19M | 181.24M | 152.8M | 139.31M | 151.09M | 145.19M | 137.88M | 130.09M | 121.3M | 131.92M | 145.97M | 137.03M | 139.87M | 150.26M | 191.52M | 168.37M | 179.86M |