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Consolidated Balance Sheets

In millions of USD, except per-share amounts
Q3 FY2026
As of Aug 31, 2026
Q2 FY2026
As of May 31, 2026
Q1 FY2026
As of Feb 28, 2026
Q4 FY2025
As of Nov 30, 2025
Q3 FY2025
As of Aug 31, 2025
Q2 FY2025
As of May 31, 2025
Q1 FY2025
As of Feb 28, 2025
Q4 FY2024
As of Nov 30, 2024
Q3 FY2024
As of Aug 31, 2024
Q2 FY2024
As of May 31, 2024
Q1 FY2024
As of Feb 29, 2024
Q4 FY2023
As of Nov 30, 2023
Q3 FY2023
As of Aug 31, 2023
Q2 FY2023
As of May 31, 2023
Q1 FY2023
As of Feb 28, 2023
Q4 FY2022
As of Nov 30, 2022
Q3 FY2022
As of Aug 31, 2022
Q2 FY2022
As of May 31, 2022
Q1 FY2022
As of Feb 28, 2022
Q4 FY2021
As of Nov 30, 2021
ASSETS
Cash and cash equivalents
Operating Segments
Homebuilding
Lennar Financial Services
Multifamily
Lennar Other
Total cash and cash equivalents
Restricted cash
Operating Segments
Homebuilding
Lennar Financial Services
Multifamily
Lennar Other
Total restricted cash
Receivables, net
Operating Segments
Homebuilding
Lennar Financial Services
Multifamily
Lennar Other
Total receivables, net
Inventories:
Finished homes and construction in progress
Land and land under development
Inventory owned
Homebuilding
Total inventory owned
Consolidated inventory not owned
Inventory owned and consolidated inventory not owned
Operating Segments
Homebuilding
Lennar Financial Services
Multifamily
Lennar Other
Total inventory owned and consolidated inventory not owned
Deposits and pre-acquisition costs on real estate
Operating Segments
Homebuilding
Lennar Financial Services
Multifamily
Lennar Other
Total deposits and pre-acquisition costs on real estate
Investments in unconsolidated entities
Operating Segments
Homebuilding
Lennar Financial Services
Multifamily
Lennar Other
Total investments in unconsolidated entities
Goodwill
Operating Segments
Homebuilding
Lennar Financial Services
Multifamily
Lennar Other
Total goodwill
Other assets
Operating Segments
Homebuilding
Lennar Financial Services
Multifamily
Lennar Other
Total other assets
Operating Segments
Homebuilding
Lennar Financial Services
Multifamily
Lennar Other
Total assets
LIABILITIES AND EQUITY
Accounts payable
Liabilities related to consolidated inventory not owned
Operating Segments
Homebuilding
Lennar Financial Services
Multifamily
Lennar Other
Total liabilities related to consolidated inventory not owned
Senior notes and other debts payable, net
Operating Segments
Homebuilding
Lennar Financial Services
Multifamily
Lennar Other
Total senior notes and other debts payable, net
Other liabilities
Stockholders' equity:
Preferred stock
Common stock
Common Class A
Common Class B
Additional paid-in capital
Retained earnings
Treasury stock at cost
Accumulated other comprehensive income
Total stockholders’ equity
Noncontrolling interests
Total equity
Liabilities
Operating Segments
Homebuilding
Lennar Financial Services
Multifamily
Lennar Other
Total liabilities
Total liabilities and equity

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