Lennar Corporation (0JU0.L)

Name: Lennar Corporation Financial Statements
Creator: Quarter Results

Consumer Cyclical | Apparel Retail

Latest reporting period: 2026-02-28

Latest Quarter

2026-02-28

Revenue

$6.6B

Net Income

$229M

Operating Margin

3.5%

Free Cash Flow

$28.2M

Debt / Assets

35.7%

Values are in USD and rounded to the nearest whole number unless noted.

Swipe horizontally to view all columns.

Income statement quarterly history for Lennar Corporation (0JU0.L).
Income Statement (Quarterly)	2026-02-28	2025-11-30	2025-08-31	2025-05-31
Revenue	6,619,476,000	9,367,609,000	8,795,322,000	8,353,356,000
Cost of Revenue	5,611,279,000	7,841,300,000	7,241,192,000	6,884,225,000
Gross Profit	1,008,197,000	1,526,309,000	1,554,130,000	1,469,131,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	775,133,000	162,090,000	869,472,000	864,831,000
Operating Expenses	775,133,000	859,350,000	869,472,000	864,831,000
Operating Income	233,064,000	666,959,000	684,658,000	604,300,000
Interest Expense	0	0	0	0
Income Before Tax	302,453,000	683,041,000	790,703,000	641,881,000
Income Tax Expense	69,092,000	185,085,000	190,892,000	160,061,000
Net Income	229,383,000	490,237,000	590,967,000	477,449,000
Per Share
EPS	0.94	1.93	2.29	1.81
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Lennar Corporation (0JU0.L).
Income Statement (Annual)	2025-11-30	2024-11-30	2023-11-30	2022-11-30
Revenue	34,186,934,000	35,476,668,000	34,233,366,000	33,709,392,000
Cost of Revenue	28,121,472,000	27,462,184,000	28,292,382,000	24,504,623,000
Gross Profit	6,065,462,000	8,014,484,000	5,940,984,000	9,204,769,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	2,678,337,000	3,209,505,000	501,338,000	2,445,140,000
Operating Expenses	3,315,055,000	3,209,505,000	501,338,000	2,445,140,000
Operating Income	2,750,407,000	4,804,979,000	5,439,646,000	6,759,629,000
Interest Expense	13,874,000	18,771,000	0	230,828,000
Income Before Tax	2,813,863,000	5,184,908,000	5,202,304,000	6,014,566,000
Income Tax Expense	705,563,000	1,217,253,000	1,241,013,000	1,366,065,000
Net Income	2,058,083,000	3,932,533,000	3,938,511,000	4,562,145,000
Per Share
EPS	7.98	14.31	13.73	15.74
EPS Diluted	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Lennar Corporation (0JU0.L).
Balance Sheet (Quarterly)	2025-11-30	2024-11-30	2023-11-30	2022-11-30
Assets
Cash and Cash Equivalents	3,804,804,000	4,978,411,000	6,474,497,000	4,792,724,000
Short Term Investments	0	0	37,953,000	0
Net Receivables	1,470,862,000	1,652,558,000	1,696,205,000	1,614,277,000
Inventory	11,841,255,000	20,312,430,000	18,897,670,000	21,862,453,000
Total Current Assets	17,142,851,000	26,955,198,000	31,323,792,000	28,292,500,000
Property Plant Equipment	911,849,000	791,446,000	404,789,000	505,061,000
Goodwill and Intangibles	3,632,058,000	3,632,058,000	3,632,058,000	3,442,359,000
Total Assets	34,430,437,000	41,312,781,000	39,234,303,000	37,984,295,000
Liabilities
Account Payables	1,812,484,000	1,839,440,000	1,631,401,000	1,616,128,000
Short Term Debt	2,207,166,000	2,431,184,000	0	2,275,856,000
Total Current Liabilities	5,496,026,000	7,834,558,000	1,631,401,000	5,859,535,000
Long Term Debt	4,109,244,000	2,020,174,000	4,984,028,000	3,957,447,000
Total Liabilities	12,289,828,000	13,291,556,000	12,532,337,000	13,743,928,000
Shareholders Equity
Retained Earnings	22,471,471,000	25,753,078,000	22,369,368,000	18,861,417,000
Total Shareholders Equity	21,959,417,000	27,870,135,000	26,580,664,000	24,100,500,000

Balance sheet annual history for Lennar Corporation (0JU0.L).
Balance Sheet (Annual)	2025-11-30	2024-11-30	2023-11-30	2022-11-30
Assets
Cash and Cash Equivalents	3,804,804,000	4,978,411,000	6,474,497,000	4,792,724,000
Short Term Investments	0	0	37,953,000	0
Net Receivables	1,470,862,000	1,652,558,000	1,696,205,000	1,614,277,000
Inventory	11,841,255,000	20,312,430,000	18,897,670,000	21,862,453,000
Total Current Assets	17,142,851,000	26,955,198,000	31,323,792,000	28,292,500,000
Property Plant Equipment	911,849,000	791,446,000	404,789,000	505,061,000
Goodwill and Intangibles	3,632,058,000	3,632,058,000	3,632,058,000	3,442,359,000
Total Assets	34,430,437,000	41,312,781,000	39,234,303,000	37,984,295,000
Liabilities
Account Payables	1,812,484,000	1,839,440,000	1,631,401,000	1,616,128,000
Short Term Debt	2,207,166,000	2,431,184,000	0	2,275,856,000
Total Current Liabilities	5,496,026,000	7,834,558,000	1,631,401,000	5,859,535,000
Long Term Debt	4,109,244,000	2,020,174,000	4,984,028,000	3,957,447,000
Total Liabilities	12,289,828,000	13,291,556,000	12,532,337,000	13,743,928,000
Shareholders Equity
Retained Earnings	22,471,471,000	25,753,078,000	22,369,368,000	18,861,417,000
Total Shareholders Equity	21,959,417,000	27,870,135,000	26,580,664,000	24,100,500,000

Cash flow quarterly history for Lennar Corporation (0JU0.L).
Cash Flow Statement (Quarterly)	2025-11-30	2024-11-30	2023-11-30	2022-11-30
Operating Activities
Net Income	2,108,300,000	3,967,655,000	3,961,291,000	4,562,145,000
Depreciation & Amortization	134,310,000	115,528,000	110,164,000	87,075,000
Stock Based Compensation	163,494,000	176,676,000	160,720,000	184,086,000
Change in Working Capital	-2,386,909,000	-1,997,379,000	571,536,000	-2,321,356,000
Operating Cash Flow	216,812,000	2,403,379,000	5,179,738,000	3,664,091,000
Investing Activities
Capital Expenditure	-188,629,000	-171,503,000	-99,799,000	-57,214,000
Investments	-188,629,000	-171,503,000	-99,799,000	-57,214,000
Investing Cash Flow	221,568,000	-302,557,000	-176,981,000	-576,238,000
Financing Activities
Debt Repayment	1,569,352,000	-830,237,000	-1,197,539,000	-214,012,000
Common Stock Issued/Repurchased	-1,808,369,000	-2,256,464,000	-1,182,711,000	623,079,000
Dividends Paid	-520,959,000	-548,823,000	-430,560,000	-438,038,000
Financing Cash Flow	-1,597,856,000	-3,681,550,000	-3,247,589,000	-1,227,766,000
Summary
Free Cash Flow	28,183,000	2,231,876,000	5,079,939,000	3,606,877,000
Net Change in Cash	-1,159,476,000	-1,580,728,000	1,755,168,000	1,858,968,000

Cash flow annual history for Lennar Corporation (0JU0.L).
Cash Flow Statement (Annual)	2025-11-30	2024-11-30	2023-11-30	2022-11-30
Operating Activities
Net Income	2,108,300,000	3,967,655,000	3,961,291,000	4,562,145,000
Depreciation & Amortization	134,310,000	115,528,000	110,164,000	87,075,000
Stock Based Compensation	163,494,000	176,676,000	160,720,000	184,086,000
Change in Working Capital	-2,386,909,000	-1,997,379,000	571,536,000	-2,321,356,000
Operating Cash Flow	216,812,000	2,403,379,000	5,179,738,000	3,664,091,000
Investing Activities
Capital Expenditure	-188,629,000	-171,503,000	-99,799,000	-57,214,000
Investments	-188,629,000	-171,503,000	-99,799,000	-57,214,000
Investing Cash Flow	221,568,000	-302,557,000	-176,981,000	-576,238,000
Financing Activities
Debt Repayment	1,569,352,000	-830,237,000	-1,197,539,000	-214,012,000
Common Stock Issued/Repurchased	-1,808,369,000	-2,256,464,000	-1,182,711,000	623,079,000
Dividends Paid	-520,959,000	-548,823,000	-430,560,000	-438,038,000
Financing Cash Flow	-1,597,856,000	-3,681,550,000	-3,247,589,000	-1,227,766,000
Summary
Free Cash Flow	28,183,000	2,231,876,000	5,079,939,000	3,606,877,000
Net Change in Cash	-1,159,476,000	-1,580,728,000	1,755,168,000	1,858,968,000