Lead (Pb) is a toxic stressor in the soil, which affects plant morphological and physiological events differently. A pot study was initiated to characterize the effect of calcium (Ca) application (20 and 40 mM) on Ulmus umbraculifera L. under Pb treatment (200 and 400 µM). The results revealed that higher levels of Pb significantly reduced plant height (48.3%), total dry weight (44.7%), leaf area index (45%), chlorophyll a (53.7%), chlorophyll b (51.4%), carotenoids (37.8%), and Fv/Fm ratio (20.4%) compared to untreated plants. However, the Ca application improved the aforementioned physiological features. Additionally, Pb toxicity disrupted oxidative status in the plants by increasing malondialdehyde (MDA), methylglyoxal, superoxide anion, and H₂O₂, which also induced the activities of SOD, GR, APX, and CAT. In contrast, Ca decreased MDA, methylglyoxal, superoxide anion, and H₂O₂ by enhancing SOD, CAT, GR, and APX activities compared to the control. Notably, ascorbate (AsA), dehydroascorbic acid (DHA), glutathione (GSH), oxidized glutathione (GSSG) levels, and AsA-DHA and GSH-GSSG ratios changed significantly with Pb and Pb + Ca treatments. According to our findings, monodehydroascorbate reductase (MDHAR), dehydroascorbate reductase (DHAR), glyoxalase (Gly) I, and Gly II activities increased with Pb treatment; however, Ca application further promoted their activities. Furthermore, Pb treatment significantly suppressed the uptake of mineral nutrients and increased Pb accumulation, whereas Ca application improved the uptake of these elements and lowered Pb content. These observations confirmed that the positive effects of Ca application on photosynthetic efficiency, nutrient absorption, and enzymatic and non-enzymatic antioxidants enhanced plant tolerance under Pb toxicity.