Lennar Corporation (LEN)

Financial leverage ratio

Nov 30, 2025 Nov 30, 2024 Nov 30, 2023 Nov 30, 2022 Nov 30, 2021
Total assets US$ in thousands 34,430,400 41,312,800 39,234,300 37,984,300 33,207,800
Total stockholders’ equity US$ in thousands 21,959,400 27,870,100 26,580,700 24,100,500 20,816,400
Financial leverage ratio 1.57 1.48 1.48 1.58 1.60

November 30, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $34,430,400K ÷ $21,959,400K
= 1.57