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Complete financial analysis of Lennar Corporation (LEN-B) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Lennar Corporation, a leading company in the Residential Construction industry within the Consumer Cyclical sector.
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Lennar Corporation (LEN-B)
About Lennar Corporation
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 35.44B | 34.23B | 33.67B | 27.13B | 22.49B | 22.26B | 20.57B | 12.65B | 10.95B | 9.47B | 7.78B | 5.94B | 4.10B | 3.10B | 3.07B | 3.12B | 4.58B | 10.19B | 16.27B | 13.87B | 10.50B | 8.91B | 7.32B | 6.03B | 4.71B | 3.12B | 2.42B | 1.30B | 1.18B | 870.50M | 817.90M | 666.90M | 429.40M | 325.70M | 350.90M | 440.30M | 380.50M | 331.40M | 222.60M | 232.00M |
| Cost of Revenue | 0.00 | 26.06B | 23.20B | 20.85B | 19.01B | 17.74B | 16.63B | 11.02B | 8.56B | 7.34B | 5.97B | 4.54B | 3.22B | 193.23M | 2.86B | 3.46B | 4.89B | 12.64B | 15.17B | 11.64B | 8.99B | 7.69B | 6.21B | 5.15B | 4.12B | 2.70B | 2.08B | 1.14B | 981.40M | 714.90M | 672.00M | 546.80M | 345.40M | 268.10M | 302.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 35.44B | 8.17B | 10.47B | 6.28B | 3.48B | 4.52B | 3.94B | 1.62B | 2.39B | 2.13B | 1.81B | 1.39B | 888.24M | 2.90B | 218.29M | -340.12M | -309.83M | -2.45B | 1.10B | 2.23B | 1.51B | 1.21B | 1.11B | 874.76M | 582.92M | 419.60M | 341.10M | 164.80M | 199.80M | 155.60M | 145.90M | 120.10M | 84.00M | 57.60M | 48.20M | 440.30M | 380.50M | 331.40M | 222.60M | 232.00M |
| Gross Profit Ratio | 100.00% | 23.87% | 31.11% | 23.14% | 15.48% | 20.29% | 19.16% | 12.85% | 21.86% | 22.52% | 23.32% | 23.44% | 21.64% | 93.76% | 7.10% | -10.90% | -6.77% | -24.08% | 6.73% | 16.09% | 14.39% | 13.64% | 15.13% | 14.51% | 12.38% | 13.46% | 14.11% | 12.65% | 16.92% | 17.87% | 17.84% | 18.01% | 19.56% | 17.68% | 13.74% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 648.99M | 501.34M | 2.38B | 398.38M | 358.42M | 2.06B | 1.95B | 285.89M | 1.13B | 1.05B | 891.98M | 705.52M | 566.07M | 95.26M | 93.93M | 129.75M | 129.75M | 173.20M | 193.31M | 187.26M | 141.72M | 111.49M | 85.96M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 2.23B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -9.66M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 648.99M | 2.73B | 2.38B | 398.38M | 358.42M | 2.06B | 1.95B | 285.89M | 1.13B | 1.05B | 891.98M | 705.52M | 566.07M | 95.26M | 93.93M | 120.09M | 129.75M | 173.20M | 193.31M | 187.26M | 141.72M | 111.49M | 85.96M | 75.83M | 50.16M | 37.60M | 29.00M | 15.90M | 12.40M | 10.50M | 10.30M | 28.10M | 20.40M | 17.30M | 20.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | 0.00 | 1.27B | -59.83M | -16.98M | -40.28M | 143.78M | 8.35M | 17.53M | 30.87M | 10.92M | 44.13M | -20.52M | 0.00 | 0.00 | 0.00 | 0.00 | 1.09B | 0.00 | 6.86B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 648.99M | 2.73B | 3.65B | 398.38M | 358.42M | 2.06B | 1.95B | 285.89M | 1.13B | 1.05B | 891.98M | 705.52M | 566.07M | 95.26M | 93.93M | 120.09M | 129.75M | 173.20M | 193.31M | 187.26M | 141.72M | 111.49M | 85.96M | 75.83M | 108.69M | 85.30M | 53.40M | 24.90M | 24.40M | 20.80M | 18.70M | 38.10M | 31.00M | 24.60M | 27.00M | 397.80M | 339.90M | 294.30M | 199.50M | 210.40M |
| Cost & Expenses | 30.10B | 28.79B | 26.85B | 21.25B | 19.37B | 19.80B | 18.58B | 11.31B | 9.69B | 8.39B | 6.86B | 5.25B | 3.78B | 288.49M | 2.95B | 3.58B | 5.02B | 12.81B | 15.36B | 11.82B | 9.14B | 7.80B | 6.30B | 5.23B | 4.23B | 2.78B | 2.13B | 1.16B | 1.01B | 735.70M | 690.70M | 584.90M | 376.40M | 292.70M | 329.70M | 397.80M | 339.90M | 294.30M | 199.50M | 210.40M |
| Interest Income | 0.00 | 0.00 | 34.38M | 20.14M | 22.40M | 17.62M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 28.91M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 179.99M | 257.89M | 1.48B | 365.37M | 22.40M | 17.62M | 11.26M | 7.16M | 4.63M | 12.45M | 36.55M | 93.91M | 94.35M | 90.65M | 70.43M | 70.85M | 4.10M | 1.93M | 13.42M | 45.03M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 0.00 | 110.16M | 87.08M | 85.95M | 94.55M | 92.20M | 91.18M | 66.32M | 50.22M | 43.67M | 38.54M | 30.35M | 28.08M | 21.50M | 13.52M | 19.91M | 32.40M | 56.76M | 50.01M | 79.56M | 73.29M | 75.91M | 72.39M | 68.67M | 58.53M | 47.70M | 24.40M | 9.00M | 12.00M | 10.30M | 8.40M | 10.00M | 10.60M | 7.30M | 6.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 5.34B | 5.55B | 7.55B | 5.88B | 3.12B | 2.46B | 1.85B | 1.41B | 1.31B | 1.16B | 990.84M | 754.34M | 344.55M | 210.12M | 178.67M | -669.65M | -533.23M | -2.57B | 951.98M | 2.27B | 1.41B | 1.18B | 872.13M | 867.60M | 532.77M | 382.00M | 312.10M | 178.10M | 187.40M | 145.10M | 135.60M | 92.00M | 71.20M | 40.30M | 27.70M | 42.50M | 40.60M | 37.10M | 23.10M | 21.60M |
| EBITDA Ratio | 15.07% | 16.21% | 22.41% | 21.67% | 13.89% | 11.06% | 8.98% | 11.67% | 12.19% | 12.90% | 12.94% | 13.07% | 7.71% | 90.68% | 4.63% | -17.39% | -7.44% | -24.33% | 5.44% | 15.12% | 13.18% | 12.99% | 14.94% | 14.39% | 11.32% | 12.25% | 12.91% | 13.67% | 15.87% | 16.67% | 16.58% | 13.80% | 16.58% | 12.37% | 7.89% | 9.65% | 10.67% | 11.19% | 10.38% | 9.31% |
| Operating Income | 5.34B | 5.44B | 7.46B | 5.79B | 3.03B | 2.37B | 1.76B | 1.48B | 1.26B | 1.07B | 885.49M | 745.51M | 227.82M | 109.04M | 100.06M | -30.99M | -400.79M | -2.91B | 901.97M | 2.04B | 8.70B | 7.48B | 6.13B | 798.93M | 474.24M | 334.30M | 287.70M | 169.10M | 175.40M | 134.80M | 127.20M | 82.00M | 60.60M | 33.00M | 21.20M | 42.50M | 40.60M | 37.10M | 23.10M | 21.60M |
| Operating Income Ratio | 15.07% | 15.89% | 22.15% | 21.35% | 13.47% | 10.64% | 8.53% | 11.67% | 11.49% | 11.33% | 11.38% | 12.56% | 5.55% | 3.52% | 3.26% | -0.99% | -8.76% | -28.61% | 5.54% | 14.74% | 82.84% | 83.95% | 83.70% | 13.25% | 10.08% | 10.72% | 11.90% | 12.98% | 14.85% | 15.49% | 15.55% | 12.30% | 14.11% | 10.13% | 6.04% | 9.65% | 10.67% | 11.19% | 10.38% | 9.31% |
| Total Other Income/Expenses | -157.34M | -237.34M | -773.08M | -458.21M | 94.55M | -46.82M | -15.48B | -149.38M | -7.81B | 123.60M | 47.75M | -3.90M | -94.18M | -5.50M | -29.64M | -300.19M | -121.94M | -455.17M | 348.78M | 815.28M | 188.42M | -6.27B | -5.25B | -119.50M | -98.60M | -48.80M | -47.60M | -54.20M | -23.00M | -19.40M | -15.40M | 0.00 | -7.70M | 0.00 | -100.00K | 100.00K | 0.00 | 0.00 | 100.00K | 100.00K |
| Income Before Tax | 5.18B | 5.20B | 6.01B | 5.82B | 3.12B | 2.43B | 2.26B | 1.19B | 1.33B | 1.21B | 969.78M | 681.94M | 222.11M | 97.97M | 94.73M | -731.49M | -561.53M | -3.08B | 942.65M | 2.16B | 1.52B | 1.21B | 875.71M | 679.42M | 375.64M | 285.50M | 240.10M | 85.70M | 144.30M | 115.40M | 111.80M | 82.00M | 45.30M | 33.00M | 21.10M | 42.60M | 40.60M | 37.10M | 23.20M | 21.70M |
| Income Before Tax Ratio | 14.63% | 15.20% | 17.86% | 21.45% | 13.89% | 10.94% | 11.00% | 9.41% | 12.15% | 12.77% | 12.47% | 11.49% | 5.41% | 3.17% | 3.08% | -23.45% | -12.27% | -30.25% | 5.79% | 15.57% | 14.46% | 13.55% | 11.96% | 11.27% | 7.98% | 9.16% | 9.93% | 6.58% | 12.22% | 13.26% | 13.67% | 12.30% | 10.55% | 10.13% | 6.01% | 9.68% | 10.67% | 11.19% | 10.42% | 9.35% |
| Income Tax Expense | -1.22B | 1.24B | 1.37B | 1.36B | 656.24M | 592.17M | 545.17M | 417.86M | 417.38M | 390.42M | 341.09M | 177.02M | -435.22M | -14.57M | -25.73M | -314.35M | 547.56M | -1.14B | 348.78M | 815.28M | 573.45M | 455.66M | 330.58M | 261.58M | 146.50M | 112.80M | 96.00M | 35.10M | 56.30M | 45.00M | 43.60M | 29.50M | 16.20M | 11.90M | 7.40M | 14.50M | 13.00M | 14.10M | 10.70M | 10.00M |
| Net Income | 3.93B | 3.94B | 4.61B | 4.43B | 2.47B | 1.85B | 1.70B | 810.48M | 911.84M | 802.89M | 638.92M | 479.67M | 679.12M | 92.20M | 95.26M | -417.15M | -1.11B | -1.94B | 593.87M | 1.36B | 945.62M | 751.39M | 545.13M | 417.85M | 229.14M | 172.70M | 144.10M | 84.40M | 88.00M | 70.40M | 69.20M | 52.50M | 29.10M | 21.10M | 13.70M | 28.10M | 27.60M | 23.00M | 12.50M | 11.70M |
| Net Income Ratio | 11.10% | 11.50% | 13.70% | 16.33% | 10.96% | 8.31% | 8.24% | 6.41% | 8.33% | 8.47% | 8.21% | 8.08% | 16.55% | 2.98% | 3.10% | -13.37% | -24.24% | -19.05% | 3.65% | 9.77% | 9.00% | 8.44% | 7.45% | 6.93% | 4.87% | 5.54% | 5.96% | 6.48% | 7.45% | 8.09% | 8.46% | 7.87% | 6.78% | 6.48% | 3.90% | 6.38% | 7.25% | 6.94% | 5.62% | 5.04% |
| EPS | 14.46 | 13.73 | 15.74 | 14.28 | 7.88 | 5.76 | 5.51 | 3.38 | 4.05 | 3.79 | 3.06 | 2.43 | 3.51 | 0.48 | 0.50 | -2.40 | -6.86 | -12.07 | 3.69 | 8.43 | 5.97 | 5.00 | 3.80 | 2.97 | 1.78 | 1.32 | 1.27 | 1.10 | 1.20 | 0.96 | 0.94 | 0.74 | 0.47 | 0.34 | 0.22 | 0.46 | 0.46 | 0.41 | 0.24 | 0.21 |
| EPS Diluted | 14.46 | 13.73 | 15.72 | 14.27 | 7.85 | 5.74 | 5.50 | 3.38 | 3.85 | 3.39 | 2.75 | 2.11 | 3.05 | 0.47 | 0.50 | -2.40 | -6.86 | -12.07 | 3.62 | 8.07 | 5.59 | 4.56 | 3.44 | 2.68 | 1.62 | 1.22 | 1.22 | 1.09 | 1.19 | 0.96 | 0.94 | 0.74 | 0.47 | 0.34 | 0.22 | 0.46 | 0.46 | 0.41 | 0.24 | 0.21 |
| Weighted Avg Shares Out | 272.02M | 283.32M | 289.82M | 306.61M | 309.41M | 318.42M | 307.97M | 237.16M | 222.79M | 209.29M | 206.25M | 194.28M | 190.40M | 188.23M | 186.62M | 173.95M | 161.56M | 160.84M | 161.10M | 157.90M | 158.38M | 150.28M | 143.31M | 140.58M | 128.55M | 130.48M | 113.50M | 76.52M | 73.27M | 73.65M | 73.53M | 70.93M | 62.49M | 61.49M | 62.11M | 61.20M | 60.54M | 56.53M | 53.13M | 55.51M |
| Weighted Avg Shares Out (Dil) | 272.02M | 283.32M | 289.82M | 306.61M | 309.41M | 318.42M | 308.57M | 237.16M | 235.33M | 235.43M | 232.80M | 230.44M | 223.07M | 199.09M | 192.63M | 173.95M | 161.56M | 160.84M | 164.16M | 167.95M | 169.22M | 164.82M | 158.41M | 156.12M | 141.26M | 141.44M | 118.06M | 77.21M | 73.88M | 73.65M | 73.53M | 70.93M | 62.49M | 61.49M | 62.11M | 61.20M | 60.54M | 56.53M | 53.13M | 55.51M |
Lennar and Base Power to Provide Homeowners a Battery-Powered Home Energy Service in Key Texas Markets
DALLAS , Dec. 5, 2024 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, today announced plans to equip select Lennar communities in the Austin and Dallas-Fort Worth area with home backup battery systems by Base Power. Through this collaboration,...
Lennar (LEN) Outperforms Broader Market: What You Need to Know
Lennar (LEN) closed at $173.58 in the latest trading session, marking a +0.06% move from the prior day.
Giant homebuilders are taking over the housing market—just look at Lennar
Want more housing market stories from Lance Lambert's ResiClub in your inbox? Subscribe to the ResiClub newsletter.
The Zacks Analyst Blog Dream Finders, Taylor Morrison, KB Home and Lennar
Dream Finders, Taylor Morrison, KB Home and Lennar are included in this Analyst Blog.
Lennar (LEN) Ascends While Market Falls: Some Facts to Note
In the most recent trading session, Lennar (LEN) closed at $174.10, indicating a +0.4% shift from the previous trading day.
Lennar: A Solid Investment With Its Land-Light Strategy
Lennar Corporation's asset-light strategy aims to improve shareholder value. Has expansion catalyst, and potential boosts from the administration's plan. Lennar's strong financial health is evident through planned $2 billion stock buybacks, signaling management's confidence.
Lennar to Expand in New & Existing Markets With Rausch Coleman Buyout
LEN benefits from accretive business strategies, operational excellence, land strategy and cash flow.
Lennar (LEN) Outperforms Broader Market: What You Need to Know
In the closing of the recent trading day, Lennar (LEN) stood at $168.75, denoting a +0.49% change from the preceding trading day.
Lennar (LEN) Beats Stock Market Upswing: What Investors Need to Know
Lennar (LEN) closed the most recent trading day at $166.33, moving +0.09% from the previous trading session.
Lennar (LEN) Exceeds Market Returns: Some Facts to Consider
Lennar (LEN) closed the most recent trading day at $171.41, moving +1.61% from the previous trading session.
Source: https://incomestatements.info
Category: Stock Reports