Lennar Corporation (LEN)

Working capital turnover

Nov 30, 2025 Nov 30, 2024 Nov 30, 2023 Nov 30, 2022 Nov 30, 2021
Revenue US$ in thousands 34,186,900 35,476,700 34,233,400 33,671,000 27,130,700
Total current assets US$ in thousands 17,142,900 26,955,200 27,164,800 26,745,200 21,962,700
Total current liabilities US$ in thousands 5,496,030 7,834,560 6,726,060 1,616,130 1,321,250
Working capital turnover 2.94 1.86 1.67 1.34 1.31

November 30, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $34,186,900K ÷ ($17,142,900K – $5,496,030K)
= 2.94