Lennar annual debt-to-assets ratio
2019
2020
2021
2022
2023
2024
2025
Lennar's debt-to-assets ratio was 0.18 for fiscal 2025.
View full Lennar company overview| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-11-30 | 0.18 | 0.07 | +65.48% |
| 2024 | 2024-11-30 | 0.11 | 0.10 | +2640.25% |
| 2023 | 2023-11-30 | 0.00 | −0.00 | −5.97% |
| 2022 | 2022-11-30 | 0.00 | −0.00 | −15.08% |
| 2021 | 2021-11-30 | 0.00 | −0.25 | −98.05% |
| 2020 | 2020-11-30 | 0.25 | −0.07 | −22.71% |
| 2019 | 2019-11-30 | 0.33 | — | — |
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-05-31 | 0.01 | −0.00 | −10.45% |
| Q1 2026 | 2026-02-28 | 0.01 | 0.00 | +2.78% |
| Q4 2025 | 2025-11-30 | 0.18 | 0.07 | +65.48% |
| Q3 2025 | 2025-08-31 | 0.01 | 0.00 | +34.95% |
| Q2 2025 | 2025-05-31 | 0.01 | 0.00 | +84.24% |
| Q1 2025 | 2025-02-28 | 0.01 | 0.00 | +153.04% |
| Q4 2024 | 2024-11-30 | 0.11 | 0.10 | +2640.25% |
| Q3 2024 | 2024-08-31 | 0.01 | 0.00 | +50.14% |
| Q2 2024 | 2024-05-31 | 0.00 | 0.00 | +5.26% |
| Q1 2024 | 2024-02-29 | 0.00 | −0.00 | −30.47% |
| Q4 2023 | 2023-11-30 | 0.00 | −0.00 | −5.97% |
| Q3 2023 | 2023-08-31 | 0.00 | −0.00 | −14.19% |
| Q2 2023 | 2023-05-31 | 0.00 | −0.00 | −13.59% |
| Q1 2023 | 2023-02-28 | 0.00 | −0.00 | −15.78% |
| Q4 2022 | 2022-11-30 | 0.00 | −0.00 | −15.08% |
| Q3 2022 | 2022-08-31 | 0.00 | −0.20 | −97.82% |
| Q2 2022 | 2022-05-31 | 0.00 | −0.22 | −97.94% |
| Q1 2022 | 2022-02-28 | 0.00 | −0.23 | −97.88% |
| Q4 2021 | 2021-11-30 | 0.00 | −0.25 | −98.05% |
| Q3 2021 | 2021-08-31 | 0.21 | −0.07 | −26.21% |
| Q2 2021 | 2021-05-31 | 0.22 | −0.09 | −27.70% |
| Q1 2021 | 2021-02-28 | 0.23 | −0.08 | −26.72% |
| Q4 2020 | 2020-11-30 | 0.25 | −0.07 | −22.71% |
| Q3 2020 | 2020-08-31 | 0.28 | — | — |
| Q2 2020 | 2020-05-31 | 0.31 | — | — |
| Q1 2020 | 2020-02-29 | 0.32 | — | — |
| Q4 2019 | 2019-11-30 | 0.33 | — | — |
Over the last five fiscal years, Lennar's debt-to-assets ratio decreased from 0.25 to 0.18, a change of −0.07. The latest reported quarter, Q2 2026, shows 0.01.
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Lennar source filings ↗