Lennar Balance Sheet (2009-2025) | LEN

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Balance Sheet	Aug2009	Nov2009	Feb2010	May2010	Aug2010	Nov2010	Feb2011	May2011	Aug2011	Nov2011	Feb2012	May2012	Aug2012	Nov2012	Feb2013	May2013	Aug2013	Nov2013	Feb2014	May2014	Aug2014	Nov2014	Feb2015	May2015	Aug2015	Nov2015	Feb2016	May2016	Aug2016	Nov2016	Feb2017	May2017	Aug2017	Nov2017	Feb2018	May2018	Aug2018	Nov2018	Feb2019	May2019	Aug2019	Nov2019	Feb2020	May2020	Aug2020	Nov2020	Feb2021	May2021	Aug2021	Nov2021	Feb2022	May2022	Aug2022	Nov2022	Feb2023	May2023	Aug2023	Nov2023	Feb2024	May2024	Aug2024	Nov2024	Feb2025	May2025	Aug2025	Nov2025
Assets
Current Assets
Cash & Equivalents	1.48B	1.46B	0.91B	1.26B	1.04B	1.39B	1.21B	1.13B	0.93B	1.16B	0.92B	0.83B	0.85B	1.31B	1.24B	0.89B	0.57B	0.97B	0.87B	0.96B	0.83B	1.28B	0.82B	0.92B	0.81B	1.16B	0.72B	0.82B	0.82B	1.33B	0.93B	0.98B	0.84B	2.65B	0.73B	0.93B	0.83B	1.34B	0.85B	0.80B	0.80B	1.20B	0.78B	1.40B	1.97B	2.70B	2.42B	2.58B	2.62B	2.74B	1.37B	1.31B	1.31B	4.62B	4.06B	4.00B	3.89B	6.27B	4.95B	3.60B	4.04B	4.91B	2.52B	1.41B	1.66B	3.76B
Short-term Investments																										0.01B		0.02B	0.02B	0.03B	0.01B	0.02B	0.02B	0.01B	0.01B	0.03B	0.02B	0.02B	0.02B	0.03B	0.03B	0.02B	0.03B	0.04B	0.04B	0.07B		0.46B	1.09B	1.01B	0.50B	0.40B	0.31B	0.39B	0.19B	0.23B	0.21B	0.30B	0.17B	0.15B	0.19B	0.35B	0.11B	0.08B	0.17B	0.35B
Cash & Current Investments	1.48B	1.46B	0.91B	1.26B	1.04B	1.39B	1.21B	1.13B	0.93B	1.16B	0.92B	0.83B	0.85B	1.31B	1.24B	0.89B	0.57B	0.97B	0.87B	0.96B	0.83B	1.28B	0.82B	0.92B	0.81B	1.17B	0.72B	0.83B	0.84B	1.36B	0.94B	1.00B	0.86B	2.66B	0.75B	0.96B	0.85B	1.35B	0.87B	0.83B	0.82B	1.22B	0.82B	1.44B	2.01B	2.77B	2.42B	3.04B	3.71B	3.74B	1.87B	1.72B	1.62B	5.01B	4.25B	4.23B	4.10B	6.57B	5.12B	3.75B	4.23B	5.26B	2.63B	1.49B	1.83B	4.10B
Receivables - Net		0.00B					0.06B	0.07B	0.10B	0.22B	0.11B	0.13B	0.13B	0.17B	0.17B	0.15B	0.12B	0.13B	0.08B	0.13B	0.12B	0.15B	0.11B	0.30B	0.27B	0.07B	0.15B	0.22B	0.37B	0.41B	0.21B	0.42B	0.29B	0.31B	0.37B	0.31B	0.39B	0.73B	0.35B	0.30B	0.30B	0.91B	0.67B	0.98B	0.70B	0.30B	0.89B	0.89B	0.87B	0.49B	0.92B	1.11B	1.38B	1.61B	1.00B	1.09B	1.32B	1.70B	1.28B	1.55B	1.61B	1.65B	1.53B	1.47B	1.55B	1.47B
Receivables - Other						0.02B			0.02B	0.03B	0.01B	0.12B	0.12B	0.19B	0.13B	0.16B	0.16B	0.17B	0.19B	0.21B	0.24B	0.26B	0.28B	0.34B	0.26B	0.41B	0.30B	0.36B	0.28B	0.46B	0.32B	0.27B	0.28B	0.57B	0.44B	0.70B	0.58B	0.93B	0.65B	0.48B	0.49B	0.57B	0.50B	0.53B	0.40B	0.31B	0.75B	0.68B	0.67B	0.94B	0.89B	0.86B	0.66B	1.00B	0.49B	0.23B	0.36B	0.59B	0.51B	0.48B	0.88B	0.27B	0.52B	0.52B	0.67B	0.15B
Receivables		0.00B				0.02B	0.06B	0.07B	0.11B	0.25B	0.12B	0.24B	0.25B	0.37B	0.31B	0.30B	0.29B	0.30B	0.28B	0.34B	0.36B	0.42B	0.39B	0.64B	0.53B	0.49B	0.45B	0.58B	0.65B	0.87B	0.53B	0.69B	0.57B	0.88B	0.80B	1.00B	0.96B	1.66B	1.01B	0.78B	0.79B	1.47B	1.18B	1.51B	1.10B	0.61B	1.64B	1.57B	1.54B	1.43B	1.81B	1.97B	2.04B	2.61B	1.49B	1.32B	1.68B	2.29B	1.80B	2.03B	2.49B	1.92B	2.06B	1.99B	2.22B	1.62B
Raw Materials		1.99B			2.17B	2.22B	2.23B	2.35B	2.43B	2.64B	2.86B	2.87B	3.02B	3.09B	3.34B	3.39B	3.73B	3.87B	4.17B	4.45B	4.51B	4.60B	4.87B	4.98B	4.89B	4.72B	5.11B	5.25B	5.19B	5.11B	5.64B	5.62B	5.50B	5.79B	7.91B	7.62B	7.83B	8.18B	8.16B	8.33B	8.24B	8.27B	8.12B	7.94B	7.99B	7.50B	7.56B	7.09B	7.21B	7.11B	7.76B	7.59B	7.85B	5.65B	7.46B	7.11B	6.99B	4.90B	4.73B	4.42B	4.87B	4.75B	1.06B	1.27B	1.07B	1.10B
Work In Process		1.50B			1.64B	1.49B	1.63B	1.52B	1.44B	1.33B	1.43B	1.56B	1.69B	1.63B	1.95B	2.13B	2.32B	2.27B	2.58B	2.88B	3.16B	3.08B	3.49B	3.72B	4.01B	3.96B	4.23B
Inventory		4.09B			0.05B	4.17B	4.30B	4.30B		4.36B	4.67B			5.05B	5.61B			6.60B								8.74B	9.37B			9.18B				10.86B								18.09B	19.00B	18.28B	18.01B	17.18B	17.98B	18.74B	19.46B	19.17B	20.99B	22.49B	23.27B	20.10B	22.07B	22.17B	22.58B	18.90B	19.94B	20.51B	20.64B	20.31B	14.25B	14.52B	13.70B	11.84B
Non-Current Assets
Long-Term Investments		-0.04B			0.66B	-4.15B	0.00B	0.03B	0.03B	0.03B	-3.96B			0.56B	0.58B			0.72B								0.74B	-4.09B			0.81B				0.86B								1.97B	1.94B	2.05B	2.05B	2.06B	2.10B	2.08B	2.05B	0.10B	0.17B	0.18B	0.18B	0.18B	0.18B	0.18B	0.19B	0.12B	0.12B	0.14B	0.15B	2.23B	0.13B	0.13B	0.12B	2.42B
Goodwill						0.03B			0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.01B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.14B	0.14B	0.14B	0.14B	3.43B	3.45B	3.46B	3.44B	3.44B	3.44B	3.44B	3.66B	3.66B	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	3.63B	3.63B	3.63B	3.63B	3.63B	3.63B
Intangibles																		0.01B		0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B		0.02B	0.02B	0.02B	0.03B	0.03B	0.03B	0.03B	0.04B	0.03B	0.04B	0.04B	0.04B	0.03B	0.02B	0.02B	0.01B	0.00B	0.00B	0.00B
Goodwill & Intangibles						0.03B			0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.05B	0.01B	0.06B	0.06B	0.06B	0.06B	0.06B	0.06B	0.06B	0.04B	0.06B	0.06B	0.06B	0.17B	0.16B	0.17B	0.17B	3.47B	3.49B	3.49B	3.48B	3.48B	3.47B	3.47B	3.68B	3.67B	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	3.63B	3.63B	3.63B	3.63B	3.63B	3.63B
Other Non-Current Assets		0.26B			0.30B	0.25B	0.32B	0.51B	0.62B	0.14B	0.10B	0.11B	0.12B	0.13B	0.18B	0.20B	0.20B	0.75B	0.71B	0.65B	0.70B	0.19B	0.19B	0.59B	0.61B	0.61B	0.60B	0.65B	0.64B	0.65B	0.90B	0.89B	0.94B	0.86B	0.02B	0.02B	0.01B	0.02B	1.26B	1.20B	1.16B	0.01B	1.34B	0.01B	0.01B	0.05B	0.02B	0.04B	0.02B	0.02B	0.03B	0.03B	0.03B	0.02B	0.02B	0.02B	0.02B	0.08B	0.04B	0.04B	0.05B	2.00B	2.01B	2.08B	2.13B	2.10B
Assets		7.31B			8.28B	8.79B	8.58B	8.70B	8.72B	9.15B	8.87B	9.35B	9.72B	10.36B	10.43B	10.49B	11.02B	11.24B	11.53B	11.99B	12.29B	12.92B	13.12B	13.90B	14.17B	14.42B	14.20B	14.85B	15.00B	15.36B	16.23B	16.75B	16.94B	18.75B	27.94B	28.35B	28.29B	28.57B	28.75B	29.58B	29.46B	29.36B	29.17B	29.31B	29.32B	29.94B	30.55B	31.22B	32.74B	33.21B	32.64B	34.31B	35.34B	37.98B	36.57B	36.86B	37.44B	39.23B	38.95B	38.67B	39.74B	41.31B	34.99B	34.37B	34.88B	34.43B
Liabilities
Current Liabilities
Accounts Payables		0.17B			0.20B	0.86B		0.17B	0.82B	0.80B	0.73B			0.22B	0.23B			0.27B				0.41B				0.48B	0.44B			1.32B				1.92B																1.32B				1.62B				1.63B				1.84B
Notes Payables		2.76B			2.84B	3.13B		3.10B	3.13B	3.36B	3.47B			4.01B	4.51B			4.19B				4.66B				0.86B	5.33B	0.85B	0.91B	1.10B	0.56B	0.79B	0.72B	0.94B	0.77B	0.94B	0.97B	1.56B	1.07B	1.21B	1.16B	1.75B
Payables		2.93B			3.04B	3.99B		3.27B	3.95B	4.17B	4.21B			4.22B	4.74B			4.47B				5.07B				1.33B	5.78B	0.85B	0.91B	2.42B	0.56B	0.79B	0.72B	2.86B	0.77B	0.94B	0.97B	1.56B	1.07B	1.21B	1.16B	1.75B								1.32B				1.62B				1.63B				1.84B
Short term Debt																										0.86B		0.85B	0.91B	1.10B	0.56B	0.79B	0.72B	0.94B	0.77B	0.94B	0.97B	1.56B	1.07B	1.21B	1.16B	1.75B
Non-Current Liabilities
Non-Current Debt										0.50B				0.50B				0.57B
Minority Interest						0.59B		0.61B		0.61B				0.59B	0.57B			0.46B				0.42B				0.30B	0.27B			0.19B				0.11B																0.18B				0.14B				0.12B				0.15B
Other Non-Current Liabilities		0.86B			0.75B	0.69B		0.64B	0.62B	0.60B	0.08B	0.60B	0.61B	0.64B	0.60B	0.66B	0.71B	0.71B	0.66B	0.72B	0.77B	0.86B	0.69B	0.80B	0.80B	0.10B	0.75B	0.84B	0.87B	0.84B	0.99B	0.90B	1.07B	0.09B	1.62B	1.69B	1.84B	0.10B	1.76B	1.80B	1.83B	1.97B	3.86B	3.74B	3.90B	2.23B				2.92B				3.35B				2.74B				3.20B				2.69B
Total Non-Current Liabilities		3.86B			4.46B	4.90B		4.80B	4.82B	5.25B	5.47B	4.97B	5.25B	5.73B	5.76B	5.79B	6.14B	5.93B	6.16B	6.38B	6.48B	6.81B	7.12B	7.62B	7.70B	8.37B	7.35B	7.65B	7.37B	7.31B	7.98B	8.42B	8.21B	10.67B	13.15B	12.96B	12.34B	13.78B	12.09B	12.53B	12.16B	11.36B	9.12B	8.94B	8.14B	9.61B				9.29B				10.40B				9.79B				10.09B				9.60B
Total Liabilities		4.73B			5.21B	5.59B		5.44B	5.44B	5.85B	5.54B	5.57B	5.86B	6.36B	6.36B	6.45B	6.84B	6.65B	6.83B	7.10B	7.25B	7.67B	7.81B	8.42B	8.49B	8.47B	8.10B	8.48B	8.24B	8.15B	8.97B	9.32B	9.28B	10.76B	14.77B	14.65B	14.17B	13.88B	13.86B	14.34B	13.99B	13.33B	12.98B	12.68B	12.03B	11.84B	11.53B	11.52B	11.96B	12.21B	11.79B	12.52B	12.21B	13.74B	12.02B	11.70B	11.65B	12.53B	12.17B	11.65B	12.18B	13.29B	12.12B	11.64B	12.13B	12.29B
Shareholder's Equity
Total Debt										0.50B				0.50B				0.57B								0.86B		0.85B	0.91B	1.10B	0.56B	0.79B	0.72B	0.94B	0.77B	0.94B	0.97B	1.56B	1.07B	1.21B	1.16B	1.75B
Common Equity		2.21B				2.31B		3.26B	3.28B	2.34B	3.32B	3.78B	3.86B	2.42B	4.07B	4.04B	4.17B	2.72B	4.70B	4.89B	5.04B	2.66B	5.31B	5.48B	5.67B	3.43B	6.09B	6.36B	6.76B	7.21B	7.26B	7.44B	7.66B	7.99B	13.17B	13.70B	14.12B	14.68B				16.03B	16.19B	16.63B	17.28B	18.10B	19.02B	19.70B	20.78B	21.00B	20.85B	21.79B	23.13B	24.24B	24.56B	25.16B	25.79B	26.70B	26.78B	27.02B	27.56B	28.02B
Shareholder's Equity		2.21B				2.31B		3.26B	3.28B	2.34B	3.32B	3.78B	3.86B	2.42B	4.07B	4.04B	4.17B	2.72B	4.70B	4.89B	5.04B	2.66B	5.31B	5.48B	5.67B	3.43B	6.09B	6.36B	6.76B	7.21B	7.26B	7.44B	7.66B	7.99B	13.17B	13.70B	14.12B	14.68B				16.03B	16.19B	16.63B	17.28B	18.10B	19.02B	19.70B	20.78B	21.00B	20.85B	21.79B	23.13B	24.24B	24.56B	25.16B	25.79B	26.70B	26.78B	27.02B	27.56B	28.02B
Liabilities and Shareholders Equity		7.31B			8.28B	8.79B	8.58B	8.70B	8.72B	9.15B	8.87B	9.35B	9.72B	10.36B	10.43B	10.49B	11.02B	11.24B	11.53B	11.99B	12.29B	12.92B	13.12B	13.90B	14.17B	14.42B	14.20B	14.85B	15.00B	15.36B	16.23B	16.75B	16.94B	18.75B	27.94B	28.35B	28.29B	28.57B	28.75B	29.58B	29.46B	29.36B	29.17B	29.31B	29.32B	29.94B	30.55B	31.22B	32.74B	33.21B	32.64B	34.31B	35.34B	37.98B	36.57B	36.86B	37.44B	39.23B	38.95B	38.67B	39.74B	41.31B	34.99B	34.37B	34.88B	34.43B
Treasury Shares					0.01B		0.01B	0.01B																					0.00B		0.00B	0.00B	0.00B		0.00B	0.00B	0.00B	0.01B	0.00B	0.00B	0.01B	0.02B	0.00B	0.02B	0.02B	0.02B	0.02B	0.03B	0.00B	0.04B	0.00B	0.01B	0.01B	0.00B	0.00B	0.00B	0.01B	0.01B	0.01B	0.01B	0.01B	0.02B	0.03B	0.01B	0.04B	0.05B
Retained Earnings						0.89B		0.92B		0.96B				1.61B	1.65B			2.05B				2.66B			-0.00B	3.43B	3.57B			4.31B				4.84B																14.69B				18.86B				22.37B				25.75B

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Lennar Balance Sheet (2009-2025) | LEN

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