Lennar Corporation (LEN)

Operating return on assets (Operating ROA)

Nov 30, 2025 Nov 30, 2024 Nov 30, 2023 Nov 30, 2022 Nov 30, 2021
Operating income US$ in thousands 2,750,410 4,804,980 5,527,710 6,721,250 5,078,430
Total assets US$ in thousands 34,430,400 41,312,800 39,234,300 37,984,300 33,207,800
Operating ROA 7.99% 11.63% 14.09% 17.69% 15.29%

November 30, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $2,750,410K ÷ $34,430,400K
= 7.99%