Lennar Balance Sheet Health
Financial Health criteria checks 6/6
Lennar has a total shareholder equity of $22.9B and total debt of $3.6B, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are $35.0B and $12.1B respectively. Lennar's EBIT is $4.9B making its interest coverage ratio 259.1. It has cash and short-term investments of $7.5B.
Key information
15.78%
Debt to equity ratio
US$3.61b
Debt
| Interest coverage ratio | 259.1x |
| Cash | US$7.49b |
| Equity | US$22.87b |
| Total liabilities | US$12.12b |
| Total assets | US$34.99b |
Recent financial health updates
Is Lennar (NYSE:LEN) Using Too Much Debt?
Nov 15
Lennar (NYSE:LEN) Seems To Use Debt Quite Sensibly
Jul 30Recent updates
Lennar: Rating Downgrade As Various Indicators Point To Poor Earnings Outlook In 2025
Mar 26Lennar Q1 Earnings Preview: Caution About The Outlook Is Merited
Mar 10Lennar (NYSE:LEN) Will Pay A Dividend Of $0.50
Jan 20
The Future of Lennar and Homebuilding Faces Short Term Challenges with Potential for Long Term Growth
Jan 191y Price Target: $149.57, a 13.7% increase from 131.58, 10.5% below analysts’ 23.3% consensus because I believe earnings will grow from 2024’s $3.9B to $4B, with a slightly elevated PE ratio from todaEarnings Working Against Lennar Corporation's (NYSE:LEN) Share Price
Jan 16A Look At The Intrinsic Value Of Lennar Corporation (NYSE:LEN)
Jan 02Lennar: Weak Q4 Results Significantly Dampen The 2025 Outlook (Rating Downgrade)
Dec 19There's Been No Shortage Of Growth Recently For Lennar's (NYSE:LEN) Returns On Capital
Dec 15Is There Now An Opportunity In Lennar Corporation (NYSE:LEN)?
Nov 29Lennar: A Solid Investment With Its Land-Light Strategy
Nov 23Is Lennar (NYSE:LEN) Using Too Much Debt?
Nov 15Lennar Stock: Heading In The Right Direction, But Economic Uncertainties Remain
Oct 16
Asset-Light Shift And Tech Efficiency Boost Real Estate Giant's Growth Prospects
Sep 24 Transition to an asset-light model and strategic reductions in construction costs indicate potential for improved operational efficiency and higher profitability.Lennar Corporation (NYSE:LEN) Doing What It Can To Lift Shares
Sep 23Lennar Stock: A Sell After Disappointing Q3 Earnings And A Changing Environment?
Sep 22Lennar Q3 2024 Preview: Asset-Light Shift Boosts Outlook, But Valuation Is Stretched
Sep 13Calculating The Intrinsic Value Of Lennar Corporation (NYSE:LEN)
Sep 09Lennar: Further Upside As Mortgage Rates Begin Their Decline
Sep 02Lennar (NYSE:LEN) Is Looking To Continue Growing Its Returns On Capital
Aug 13Lennar (NYSE:LEN) Seems To Use Debt Quite Sensibly
Jul 30Is Now The Time To Look At Buying Lennar Corporation (NYSE:LEN)?
Jul 16Results: Lennar Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Jun 21Is Lennar's Future Built On Shifting Sands?
Jun 183 Reasons To Avoid Lennar Corporation Stock
Jun 10Is Lennar Corporation (NYSE:LEN) Trading At A 24% Discount?
Jun 10A Piece Of The Puzzle Missing From Lennar Corporation's (NYSE:LEN) Share Price
May 27Lennar Corporation: Rating Downgrade As Upside Looks Priced In Already
Apr 03Financial Position Analysis
Short Term Liabilities: LEN's short term assets ($25.4B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: LEN's short term assets ($25.4B) exceed its long term liabilities ($9.2B).
Debt to Equity History and Analysis
Debt Level: LEN has more cash than its total debt.
Reducing Debt: LEN's debt to equity ratio has reduced from 56.4% to 15.8% over the past 5 years.
Debt Coverage: LEN's debt is well covered by operating cash flow (48.4%).
Interest Coverage: LEN's interest payments on its debt are well covered by EBIT (259.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/12 18:39 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2025/02/28 |
| Annual Earnings | 2024/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Lennar Corporation is covered by 43 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Stephen Kim | Barclays |
| Matthew Bouley | Barclays |