LEN (Lennar) Equity-to-Asset: 0.64 (As of May. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LEN Lennar Corp LEN
68 GF Score
Price $87.30
GF Value $126.50
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Lennar Equity-to-Asset?

Lennar LEN +2.78% 68 Equity-to-Asset is 0.64 as of May. 2026, which is 2% above its 10-year median of 0.63. GuruFocus rates LEN with a GF Score™ of 68/100 and a GF Value™ of $126.50 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 95 Homebuilding & Construction companies, Lennar ranks better than 73.68% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lennar's Total Stockholders Equity for the quarter that ended in May. 2026 was $21,621 Mil. Lennar's Total Assets for the quarter that ended in May. 2026 was $33,701 Mil. Therefore, Lennar's Equity to Asset Ratio for the quarter that ended in May. 2026 was 0.64.

The historical rank and industry rank for Lennar's Equity-to-Asset or its related term are showing as below:

LEN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.63   Max: 0.7
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of Lennar was 0.70. The lowest was 0.42. And the median was 0.63.

LEN's Equity-to-Asset is ranked better than
73.68% of 95 companies
in the Homebuilding & Construction industry
Industry Median: 0.46 vs LEN: 0.64

Lennar  (NYSE:LEN) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Lennar Equity-to-Asset Related Terms


Lennar Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Lennar's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lennar Equity-to-Asset Chart

Lennar Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.63 0.68 0.68 0.64

Lennar Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.65 0.64 0.66 0.64

LEN vs NVR, PHM, TOL: Equity-to-Asset Comparison

For the Residential Construction subindustry, Lennar's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lennar Equity-to-Asset vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Lennar's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Lennar's Equity-to-Asset falls into.


LEN
68GF Score
Lennar Corp LEN
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lennar Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Lennar's Equity to Asset Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Equity to Asset (A: Nov. 2025 )=Total Stockholders Equity/Total Assets
=21959.417/34430.437
=0.64

Lennar's Equity to Asset Ratio for the quarter that ended in May. 2026 is calculated as

Equity to Asset (Q: May. 2026 )=Total Stockholders Equity/Total Assets
=21620.638/33701.455
=0.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.64 mean?
Lennar (LEN) has a Equity-to-Asset of 0.64 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Lennar and its competitors. This is near median its historical median of 0.63. Over the past decade, Lennar's Equity-to-Asset has ranged from 0.42 to 0.70. According to the industry distribution chart, Lennar ranks #25 out of 95 companies in the Homebuilding & Construction industry, placing it in the top 26.3%.
Is Lennar's Equity-to-Asset too high?
Lennar's current Equity-to-Asset of 0.64 is near median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.70. The Homebuilding & Construction industry median Equity-to-Asset is 0.46. Lennar's value of 0.64 is 39.1% above this industry median. Based on the distribution chart, Lennar ranks #25 out of 95 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, Lennar has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lennar's Equity-to-Asset compare to NVR and PHM?
According to the Homebuilding & Construction industry distribution chart, Lennar ranks #25 out of 95 companies for Equity-to-Asset. This puts Lennar in the upper half of its industry. The industry median Equity-to-Asset is 0.46. Lennar's value of 0.64 is 39.1% above this benchmark. Historically, Lennar's own Equity-to-Asset has ranged from 0.42 to 0.70 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.46, Lennar has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Homebuilding & Construction company?
The median Equity-to-Asset among Homebuilding & Construction companies is 0.46, based on 95 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lennar's current Equity-to-Asset of 0.64 is 39.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Lennar and its competitors. For the Homebuilding & Construction industry, the median Equity-to-Asset is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lennar's current Equity-to-Asset is 0.64, which is near median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lennar stock overvalued right now?
Based on GuruFocus' analysis, Lennar (LEN) is currently considered Possible Value Trap. The stock's GF Value™ is $126.50, compared to a current price of $87.30 — trading 31% below its estimated fair value. The current Equity-to-Asset is 0.64, which is near median its 10-year median of 0.63 and 39.1% above the Homebuilding & Construction industry median of 0.46. Lennar's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Lennar (LEN), the current Equity-to-Asset is 0.64 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lennar (LEN) Overvalued in 2026?

Based on GuruFocus' analysis, Lennar stock appears to be undervalued. The current stock price of $87.30 is trading 31% below its estimated GF Value™ of $126.50. GuruFocus considers Lennar to be Possible Value Trap.

Key valuation signals for LEN:

  • Equity-to-Asset: 0.64 (near median its 10-year median of 0.63)
  • GF Value™: $126.50 vs. price of $87.30 (31% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 39.1% above the Homebuilding & Construction median (#25 of 95)

No single metric tells the full story. See the LEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lennar Business Description

Address 5505 Waterford District Drive, Miami, FL, USA, 33126
Lennar is the second-largest public homebuilder in the United States, behind D.R. Horton, operating in 26 states. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups.
68GF Score

Get the complete analysis for LEN

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$87.30
Price
$126.50
GF Value