Lennar Corporation (LEN)

Return on total capital

Aug 31, 2025 May 31, 2025 Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 3,593,222 4,337,649 4,956,828 5,189,376 5,610,596 5,550,626 5,448,186 5,301,853 5,176,953 5,526,063 6,122,273 6,014,555 5,836,635 5,826,715 5,168,765 5,819,040 5,425,290 4,469,953 4,049,650 3,146,192
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 22,570,300 22,579,100 22,728,000 27,870,100 27,412,500 26,877,900 26,647,800 26,580,700 25,656,600 25,015,100 24,418,300 24,100,500 22,977,300 21,598,300 20,679,100 20,816,400 20,650,200 19,576,100 18,896,200 17,994,900
Return on total capital 15.92% 19.21% 21.81% 18.62% 20.47% 20.65% 20.45% 19.95% 20.18% 22.09% 25.07% 24.96% 25.40% 26.98% 25.00% 27.95% 26.27% 22.83% 21.43% 17.48%

August 31, 2025 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $3,593,222K ÷ ($—K + $22,570,300K)
= 15.92%


Peer comparison

Aug 31, 2025

Company name
Symbol
Return on total capital
Lennar Corporation
LEN
15.92%
DR Horton Inc
DHI
19.59%
KB Home
KBH
16.90%
Toll Brothers Inc
TOL
21.98%