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%
Peer comparison
Nov 30, 2025
Company name
Symbol
Operating ROA
Lennar Corporation
LEN
7.99%
DR Horton Inc
DHI
12.47%
KB Home
KBH
7.82%
M/I Homes Inc
MHO
10.60%
Meritage Corporation
MTH
7.05%
NVR Inc
NVR
31.15%
PulteGroup Inc
PHM
16.61%
Toll Brothers Inc
TOL
11.85%