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Lennar LEN Debt-to-assets

Debt-to-assets at other companies

Pultegroup logo
PultegroupPHM
0.0×
D.R. Horton logo
D.R. HortonDHI
0.0×
NVR logo
NVRNVR
0.0×
Equity Residential logo
Equity ResidentialEQR
0.0×
Invitation Homes logo
Invitation HomesINVH
0.5×+0.1×
Ladder Capital logo
Ladder CapitalLADR
0.0×

Other financials

Income statement

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Revenue$6.6B-13.3%
Net income$229.4M-55.9%

Balance sheet

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Cash & equivalents$2.4B-7.5%
Total debt$249.9M-2.4%
Total equity$21.9B-3.7%
Total assets$33.2B-5.1%

Cash flow

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Operating cash flow-$433.5M-50.0%
CapEx$30.0M-46.5%
Free cash flow-$463.5M-34.3%

Valuation

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Market cap$22.1B-10.7%
Enterprise value$19.96B-10.9%
P/E12.4×+5.7×
P/S0.7×0.0×

Profitability

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Net margin5.4%-5.0pp

Returns & leverage

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Return on equity8%-7.1pp
Debt / equity0.0×

Where this comes from

Calculated from Lennar’s reported figures.

Based on the most recent quarter.

The official record: Lennar’s 10-Q, filed April 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lennar's debt-to-assets?
Lennar (LEN) reported debt-to-assets of 0× in Q4 2025.
How has Lennar's debt-to-assets changed year-over-year?
Lennar's debt-to-assets increased by 2.7% year-over-year, from 0× to 0×.
What is the long-term trend for Lennar's debt-to-assets?
Over 4 years (2021 to 2025), Lennar's debt-to-assets has grown at a -26.0% compound annual growth rate (CAGR), from 0.7× to 0.2×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.