LENNAR CORP /NEW/ — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that LENNAR CORP /NEW/ filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | $34.19B | Jan 28, 2026 |
| FY2025 | Nov 30, 2024 | $35.44B | Jan 28, 2026 |
| FY2025 | Nov 30, 2023 | $34.23B | Jan 28, 2026 |
| FY2024 | Nov 30, 2022 | $33.67B | Jan 23, 2025 |
| FY2023 | Nov 30, 2021 | $27.13B | Jan 26, 2024 |
| FY2020 | Nov 30, 2020 | $6.83B | Jan 22, 2021 |
| FY2020 | Aug 31, 2020 | $5.87B | Jan 22, 2021 |
| FY2020 | May 31, 2020 | $5.29B | Jan 22, 2021 |
| FY2020 | Feb 29, 2020 | $4.51B | Jan 22, 2021 |
| FY2020 | Nov 30, 2019 | $6.97B | Jan 22, 2021 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Nov 30, 2020 | $1.57B | Jan 22, 2021 |
| FY2020 | Aug 31, 2020 | $1.26B | Jan 22, 2021 |
| FY2020 | May 31, 2020 | $1.06B | Jan 22, 2021 |
| FY2020 | Feb 29, 2020 | $848.99M | Jan 22, 2021 |
| FY2020 | Nov 30, 2019 | $1.39B | Jan 22, 2021 |
| FY2020 | Aug 31, 2019 | $1.09B | Jan 22, 2021 |
| FY2020 | May 31, 2019 | $1.04B | Jan 22, 2021 |
| FY2020 | Feb 28, 2019 | $726.08M | Jan 22, 2021 |
| FY2019 | Nov 30, 2018 | $1.27B | Jan 27, 2020 |
| FY2019 | Aug 31, 2018 | $1.06B | Jan 27, 2020 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | $2.08B | Jan 28, 2026 |
| FY2025 | Nov 30, 2024 | $3.93B | Jan 28, 2026 |
| FY2025 | Nov 30, 2023 | $3.94B | Jan 28, 2026 |
| FY2024 | Nov 30, 2022 | $4.61B | Jan 23, 2025 |
| FY2023 | Nov 30, 2021 | $4.43B | Jan 26, 2024 |
| FY2020 | Nov 30, 2020 | $882.76M | Jan 22, 2021 |
| FY2020 | Aug 31, 2020 | $666.42M | Jan 22, 2021 |
| FY2020 | May 31, 2020 | $517.41M | Jan 22, 2021 |
| FY2020 | Feb 29, 2020 | $398.45M | Jan 22, 2021 |
| FY2020 | Nov 30, 2019 | $674.30M | Jan 22, 2021 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Nov 30, 2020 | $3.48B | Jan 22, 2021 |
| FY2020 | Nov 30, 2019 | $2.78B | Jan 22, 2021 |
| FY2020 | Nov 30, 2018 | $2.46B | Jan 22, 2021 |
| FY2019 | Nov 30, 2017 | $1.48B | Jan 27, 2020 |
| FY2018 | Nov 30, 2016 | $1.56B | Jan 28, 2019 |
| FY2017 | Nov 30, 2015 | $1.43B | Jan 25, 2018 |
| FY2016 | Nov 30, 2014 | $1.15B | Jan 20, 2017 |
| FY2015 | Nov 30, 2013 | $828.00M | Jan 22, 2016 |
| FY2014 | Nov 30, 2012 | $349.45M | Jan 23, 2015 |
| FY2013 | Nov 30, 2011 | $193.23M | Jan 28, 2014 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | $2.68B | Jan 28, 2026 |
| FY2025 | Nov 30, 2024 | $2.48B | Jan 28, 2026 |
| FY2025 | Nov 30, 2023 | $2.23B | Jan 28, 2026 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | $216.81M | Jan 28, 2026 |
| FY2025 | Nov 30, 2024 | $2.40B | Jan 28, 2026 |
| FY2025 | Nov 30, 2023 | $5.18B | Jan 28, 2026 |
| FY2024 | Nov 30, 2022 | $3.27B | Jan 23, 2025 |
| FY2023 | Nov 30, 2021 | $2.53B | Jan 26, 2024 |
| FY2022 | Nov 30, 2020 | $4.19B | Jan 26, 2023 |
| FY2021 | Nov 30, 2019 | $1.48B | Jan 28, 2022 |
| FY2020 | Nov 30, 2018 | $1.69B | Jan 22, 2021 |
| FY2019 | Nov 30, 2017 | $982.37M | Jan 27, 2020 |
| FY2018 | Nov 30, 2016 | $507.80M | Jan 28, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | $188.63M | Jan 28, 2026 |
| FY2025 | Nov 30, 2024 | $171.50M | Jan 28, 2026 |
| FY2025 | Nov 30, 2023 | $99.80M | Jan 28, 2026 |
| FY2024 | Nov 30, 2022 | $57.21M | Jan 23, 2025 |
| FY2023 | Nov 30, 2021 | $65.17M | Jan 26, 2024 |
| FY2022 | Nov 30, 2020 | $72.75M | Jan 26, 2023 |
| FY2021 | Nov 30, 2019 | $86.50M | Jan 28, 2022 |
| FY2020 | Nov 30, 2018 | $130.44M | Jan 22, 2021 |
| FY2019 | Nov 30, 2017 | $111.77M | Jan 27, 2020 |
| FY2018 | Nov 30, 2016 | $76.44M | Jan 28, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | $34.43B | Jan 28, 2026 |
| FY2025 | Nov 30, 2024 | $41.31B | Jan 28, 2026 |
| FY2024 | Nov 30, 2023 | $39.23B | Jan 23, 2025 |
| FY2023 | Nov 30, 2022 | $37.98B | Jan 26, 2024 |
| FY2022 | Nov 30, 2021 | $33.21B | Jan 26, 2023 |
| FY2021 | Nov 30, 2020 | $29.94B | Jan 28, 2022 |
| FY2020 | Nov 30, 2019 | $29.36B | Jan 22, 2021 |
| FY2019 | Nov 30, 2018 | $28.57B | Jan 27, 2020 |
| FY2019 | Nov 30, 2017 | $18.75B | Jan 27, 2020 |
| FY2018 | Nov 30, 2016 | $15.36B | Jan 28, 2019 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | $12.29B | Jan 28, 2026 |
| FY2025 | Nov 30, 2024 | $13.29B | Jan 28, 2026 |
| FY2024 | Nov 30, 2023 | $12.53B | Jan 23, 2025 |
| FY2023 | Nov 30, 2022 | $13.74B | Jan 26, 2024 |
| FY2022 | Nov 30, 2021 | $12.21B | Jan 26, 2023 |
| FY2021 | Nov 30, 2020 | $11.84B | Jan 28, 2022 |
| FY2020 | Nov 30, 2019 | $13.33B | Jan 22, 2021 |
| FY2019 | Nov 30, 2018 | $13.88B | Jan 27, 2020 |
| FY2018 | Nov 30, 2017 | $10.76B | Jan 28, 2019 |
| FY2017 | Nov 30, 2016 | $8.15B | Jan 25, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | $21.96B | Jan 28, 2026 |
| FY2025 | Nov 30, 2024 | $27.87B | Jan 28, 2026 |
| FY2024 | Nov 30, 2023 | $26.58B | Jan 23, 2025 |
| FY2023 | Nov 30, 2022 | $24.10B | Jan 26, 2024 |
| FY2022 | Nov 30, 2021 | $20.82B | Jan 26, 2023 |
| FY2021 | Nov 30, 2020 | $17.99B | Jan 28, 2022 |
| FY2020 | Nov 30, 2019 | $15.95B | Jan 22, 2021 |
| FY2019 | Nov 30, 2018 | $14.58B | Jan 27, 2020 |
| FY2018 | Nov 30, 2017 | $7.87B | Jan 28, 2019 |
| FY2017 | Nov 30, 2016 | $7.03B | Jan 25, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | $3.63B | Jan 28, 2026 |
| FY2025 | Nov 30, 2024 | $3.63B | Jan 28, 2026 |
| FY2020 | Nov 30, 2020 | $3.63B | Jan 22, 2021 |
| FY2020 | Nov 30, 2019 | $3.66B | Jan 22, 2021 |
| FY2014 | Nov 30, 2014 | $44.25M | Jan 23, 2015 |
| FY2014 | Nov 30, 2013 | $34.05M | Jan 23, 2015 |
| FY2011 | Nov 30, 2011 | $34.00M | Jan 30, 2012 |
| FY2011 | Nov 30, 2010 | $34.00M | Jan 30, 2012 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | $22.47B | Jan 28, 2026 |
| FY2025 | Nov 30, 2024 | $25.75B | Jan 28, 2026 |
| FY2024 | Nov 30, 2023 | $22.37B | Jan 23, 2025 |
| FY2023 | Nov 30, 2022 | $18.86B | Jan 26, 2024 |
| FY2022 | Nov 30, 2021 | $14.69B | Jan 26, 2023 |
| FY2021 | Nov 30, 2020 | $10.56B | Jan 28, 2022 |
| FY2020 | Nov 30, 2019 | $8.30B | Jan 22, 2021 |
| FY2019 | Nov 30, 2018 | $6.49B | Jan 27, 2020 |
| FY2018 | Nov 30, 2017 | $4.84B | Jan 28, 2019 |
| FY2017 | Nov 30, 2016 | $4.31B | Jan 25, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | $3.76B | Jan 28, 2026 |
| FY2025 | Nov 30, 2024 | $4.91B | Jan 28, 2026 |
| FY2020 | Nov 30, 2020 | $2.86B | Jan 22, 2021 |
| FY2020 | Nov 30, 2019 | $1.45B | Jan 22, 2021 |
| FY2018 | Nov 30, 2018 | $1.56B | Jan 28, 2019 |
| FY2018 | Nov 30, 2017 | $2.65B | Jan 28, 2019 |
| FY2018 | Nov 30, 2016 | $1.33B | Jan 28, 2019 |
| FY2018 | Nov 30, 2015 | $1.16B | Jan 28, 2019 |
| FY2017 | Nov 30, 2014 | $1.28B | Jan 25, 2018 |
| FY2016 | Nov 30, 2013 | $970.51M | Jan 20, 2017 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | $5.87B | Jan 28, 2026 |
| FY2025 | Nov 30, 2024 | $4.19B | Jan 28, 2026 |
| FY2020 | Nov 30, 2020 | $7.42B | Jan 22, 2021 |
| FY2020 | Nov 30, 2019 | $9.57B | Jan 22, 2021 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | 7 | Jan 28, 2026 |
| FY2025 | Nov 30, 2024 | 14 | Jan 28, 2026 |
| FY2025 | Nov 30, 2023 | 13 | Jan 28, 2026 |
| FY2024 | Nov 30, 2022 | 15 | Jan 23, 2025 |
| FY2023 | Nov 30, 2021 | 14 | Jan 26, 2024 |
| FY2020 | Nov 30, 2020 | 2 | Jan 22, 2021 |
| FY2020 | Aug 31, 2020 | 2 | Jan 22, 2021 |
| FY2020 | May 31, 2020 | 1 | Jan 22, 2021 |
| FY2020 | Feb 29, 2020 | 1 | Jan 22, 2021 |
| FY2020 | Nov 30, 2019 | 2 | Jan 22, 2021 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Nov 30, 2024 | 14 | Jan 23, 2025 |
| FY2024 | Nov 30, 2023 | 13 | Jan 23, 2025 |
| FY2024 | Nov 30, 2022 | 15 | Jan 23, 2025 |
| FY2023 | Nov 30, 2021 | 14 | Jan 26, 2024 |
| FY2020 | Nov 30, 2020 | 2 | Jan 22, 2021 |
| FY2020 | Aug 31, 2020 | 2 | Jan 22, 2021 |
| FY2020 | May 31, 2020 | 1 | Jan 22, 2021 |
| FY2020 | Feb 29, 2020 | 1 | Jan 22, 2021 |
| FY2020 | Nov 30, 2019 | 2 | Jan 22, 2021 |
| FY2020 | Aug 31, 2019 | 1 | Jan 22, 2021 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Nov 30, 2025 | $520.96M | Jan 28, 2026 |
| FY2025 | Nov 30, 2024 | $548.82M | Jan 28, 2026 |
| FY2025 | Nov 30, 2023 | $430.56M | Jan 28, 2026 |
| FY2024 | Nov 30, 2022 | $438.04M | Jan 23, 2025 |
| FY2023 | Nov 30, 2021 | $309.78M | Jan 26, 2024 |
| FY2022 | Nov 30, 2020 | $195.04M | Jan 26, 2023 |
| FY2021 | Nov 30, 2019 | $51.45M | Jan 28, 2022 |
| FY2020 | Nov 30, 2018 | $49.16M | Jan 22, 2021 |
| FY2019 | Nov 30, 2017 | $37.61M | Jan 27, 2020 |
| FY2018 | Nov 30, 2016 | $35.32M | Jan 28, 2019 |