See more : United Urban Investment Corporation (UUICF) Income Statement Analysis – Financial Results
Complete financial analysis of Lennar Corporation (LEN) 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.
You may be interested
- Charle Co.,Ltd. (CHRLF) Income Statement Analysis – Financial Results
- Triveni Engineering & Industries Limited (TRIVENI.BO) Income Statement Analysis – Financial Results
- Northern Oil and Gas, Inc. (NOG) Income Statement Analysis – Financial Results
- Halcyon Agri Corporation Limited (5VJ.SI) Income Statement Analysis – Financial Results
- Advent Technologies Holdings, Inc. (ADN) Income Statement Analysis – Financial Results
Lennar Corporation (LEN)
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 Continues Strategic Expansion Across New Jersey with Launch of Four New Communities This Fall
HAMILTON, N.J., Sept. 17, 2024 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, today underscored its commitment to the New Jersey market with the announcement of a strategic expansion that includes the opening of four new communities. "Lennar is...
Mortgage Rates Are Falling: A Boon for 2 Warren Buffett Stocks
A steady decline in mortgage rates on interest rate cut expectations would boost the stock price of Warren Buffett's beloved housing stocks NVR and Lennar.
Pre-Q3 Earnings Review: Buy, Sell or Hold Lennar Stock?
LEN's fiscal third-quarter performance is likely to have reflected higher deliveries amid lower gross margin and higher SG&A expenses.
Homebuilding Stock Hits Record Highs Before Earnings
Shares of homebuilder Lennar Corp (NYSE:LEN) are hitting record highs today, as they head for their sixth gain in the last seven days.
Stay Ahead of the Game With Lennar (LEN) Q3 Earnings: Wall Street's Insights on Key Metrics
Get a deeper insight into the potential performance of Lennar (LEN) for the quarter ended August 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Fed Meeting, FedEx and Lennar Earnings, and More to Watch
Plus, Bank of Japan's rate decision and earnings from Ferguson and General Mills.
Lennar Q3 2024 Preview: Asset-Light Shift Boosts Outlook, But Valuation Is Stretched
Lennar Corporation's stock has surged 40% since July 2023, outperforming the S&P 500, driven by strong demand and expanded earnings multiples despite growth deceleration. Lennar's Q3 earnings report will reveal interesting data. I am focusing on its asset-light transition, handling...
Top stocks to watch: FedEx, Lennar, FactSet, General Mills, VinFast
American stocks staged a strong recovery this week, erasing most of the losses made last week. The Dow Jones rose by almost 1% while the S&P 500 and Nasdaq 100 indices soared by over 1.8% and 2.58%, respectively.
3 Homebuilding Stock to Watch as Mortgage Rates Fall
Yesterday, mortgage rates fell for a sixth-straight week and hit their lowest level since February 2023, with the average contract interest rate for a 30-year fixed-rate mortgages with conforming loan balances dropping to 6.29%.
Lennar (LEN) Advances But Underperforms Market: Key Facts
In the latest trading session, Lennar (LEN) closed at $180.23, marking a +0.02% move from the previous day.
Source: https://incomestatements.info
Category: Stock Reports