Lennar Financial Statements From 2010 to 2024

LEN Stock  USD 174.10  0.70  0.40%   
Lennar financial statements provide useful quarterly and yearly information to potential Lennar investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Lennar financial statements helps investors assess Lennar's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Lennar's valuation are summarized below:
Gross Profit
8.2 B
Profit Margin
0.1151
Market Capitalization
46.7 B
Enterprise Value Revenue
1.3065
Revenue
36.5 B
We have found one hundred twenty available fundamental ratios for Lennar, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Lennar's last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 28th of November 2024, Market Cap is likely to drop to about 388.4 M. In addition to that, Enterprise Value is likely to drop to about 801.6 M

Lennar Total Revenue

41.34 Billion

Check Lennar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lennar's main balance sheet or income statement drivers, such as Interest Expense of 311.4 M, Total Revenue of 41.3 B or Gross Profit of 41 B, as well as many indicators such as Price To Sales Ratio of 0.53, Dividend Yield of 0.0123 or PTB Ratio of 0.93. Lennar financial statements analysis is a perfect complement when working with Lennar Valuation or Volatility modules.
  
Check out the analysis of Lennar Correlation against competitors.
To learn how to invest in Lennar Stock, please use our How to Invest in Lennar guide.

Lennar Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets47.4 B45.1 B24.9 B
Slightly volatile
Short and Long Term Debt Total3.3 B3.4 BB
Very volatile
Total Stockholder Equity32.1 B30.6 B14.4 B
Slightly volatile
Retained Earnings27 B25.7 B10.2 B
Slightly volatile
Non Current Assets Total9.6 B9.1 BB
Slightly volatile
Common Stock Shares Outstanding178.5 M325.8 M251.3 M
Slightly volatile
Liabilities And Stockholders Equity47.4 B45.1 B24.9 B
Slightly volatile
Non Current Liabilities Total13.2 B12.5 B9.4 B
Slightly volatile
Other Stockholder EquityB4.8 B4.2 B
Slightly volatile
Total Liabilities15.1 B14.4 B10.4 B
Slightly volatile
Other Current Liabilities5.6 B5.3 B1.4 B
Slightly volatile
Total Current Liabilities8.1 B7.7 B2.1 B
Slightly volatile
Property Plant And Equipment Net488.8 M465.5 M286.9 M
Slightly volatile
Accounts PayableB1.9 B984.1 M
Slightly volatile
Cash7.8 B7.4 B2.9 B
Slightly volatile
Non Currrent Assets Other1.8 B1.6 B2.1 B
Slightly volatile
Cash And Short Term Investments7.9 B7.5 B2.9 B
Slightly volatile
Net ReceivablesBB978.4 M
Slightly volatile
Inventory22.8 B21.7 B13.6 B
Slightly volatile
Total Current Assets37.8 B36 B18.9 B
Slightly volatile
Property Plant And Equipment Gross809.8 M771.2 M384.2 M
Slightly volatile
Common Stock Total Equity35.3 M33.7 M26.7 M
Slightly volatile
Intangible Assets4.4 B4.2 B2.1 B
Slightly volatile
Common Stock22.5 M33.9 M25.9 M
Slightly volatile
Other Liabilities6.8 B6.5 B2.8 B
Slightly volatile
Other Assets15.9 M16.7 M1.5 B
Pretty Stable
Long Term Debt4.3 B3.2 B5.1 B
Very volatile
Good Will4.4 B4.2 BB
Slightly volatile
Property Plant EquipmentB989.2 M420.7 M
Slightly volatile
Short Term Debt532.2 M560.2 M1.2 B
Pretty Stable
Short Term Investments40.3 M43.6 M38.7 M
Very volatile
Net Tangible Assets27.9 B26.6 B12.6 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity200.9 M125.9 M248.8 M
Slightly volatile
Retained Earnings Total Equity22.8 B21.7 B9.5 B
Slightly volatile
Long Term Debt Total6.1 B4.7 B5.5 B
Pretty Stable
Capital Surpluse5.3 B6.2 BB
Slightly volatile
Long Term Investments1.5 B1.3 B1.4 B
Pretty Stable
Non Current Liabilities Other9.8 B9.3 B3.7 B
Slightly volatile
Short and Long Term Debt2.3 B1.7 B1.5 B
Pretty Stable
Cash And Equivalents2.8 B5.5 B2.5 B
Slightly volatile
Net Invested Capital27.4 B33.8 B22.1 B
Slightly volatile
Net Working Capital23.3 B29.8 B19.3 B
Slightly volatile
Capital Stock25.8 M26.6 M32 M
Slightly volatile

Lennar Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue41.3 B39.4 B19.5 B
Slightly volatile
Gross Profit41 B39.1 B10 B
Slightly volatile
Other Operating Expenses819.8 M862.9 M10.3 B
Pretty Stable
Operating Income6.7 B6.4 B2.9 B
Slightly volatile
EBIT6.7 B6.4 B2.9 B
Slightly volatile
EBITDA6.7 B6.4 BB
Slightly volatile
Total Operating Expenses547.7 M576.5 M5.3 B
Slightly volatile
Income Before Tax6.3 BB2.8 B
Slightly volatile
Net Income4.8 B4.5 B2.2 B
Slightly volatile
Depreciation And Amortization133 M126.7 M72.3 M
Slightly volatile
Cost Of Revenue272.1 M286.4 M9.5 B
Pretty Stable
Selling General Administrative463.4 M576.5 M757.4 M
Very volatile
Net Income Applicable To Common Shares4.8 B4.5 B2.2 B
Slightly volatile
Selling And Marketing Expenses2.7 B2.6 B2.1 B
Slightly volatile
Net Income From Continuing Ops2.5 B4.6 B2.4 B
Slightly volatile
Tax Provision854.2 M1.4 B722.1 M
Slightly volatile
Reconciled Depreciation98.6 M126.8 M83.4 M
Slightly volatile
Non Recurring122.4 M137.7 M149.9 M
Slightly volatile

Lennar Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow5.8 B5.5 B2.3 B
Slightly volatile
Dividends Paid519.9 M495.1 M179.4 M
Slightly volatile
Net Income4.8 B4.6 B2.2 B
Slightly volatile
End Period Cash Flow7.9 B7.6 BB
Slightly volatile
Depreciation133 M126.7 M72.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.530.38460.9357
Slightly volatile
Dividend Yield0.01230.00770.0079
Pretty Stable
PTB Ratio0.930.65321.3502
Slightly volatile
Days Sales Outstanding17.9519.251212.4143
Very volatile
Book Value Per Share18.349.491839.8701
Slightly volatile
Stock Based Compensation To Revenue0.00640.00540.0055
Slightly volatile
Capex To Depreciation1.622.19171.076
Slightly volatile
PB Ratio0.930.65321.3502
Slightly volatile
EV To Sales0.780.79371.1834
Slightly volatile
ROIC0.140.08880.0955
Slightly volatile
Inventory Turnover1.421.40241.027
Slightly volatile
Net Income Per Share2.121.2015.8375
Slightly volatile
Days Of Inventory On Hand437260388
Slightly volatile
Payables Turnover9.525.256613.3178
Very volatile
Sales General And Administrative To Revenue0.01250.01320.0632
Slightly volatile
Capex To Revenue0.01440.02230.0066
Slightly volatile
Cash Per Share0.340.36177.3274
Slightly volatile
Interest Coverage19.9318.9876.7032
Pretty Stable
Payout Ratio0.05060.03980.058
Pretty Stable
Days Payables Outstanding53.6769.43732.2952
Pretty Stable
ROE0.110.12650.1374
Pretty Stable
PE Ratio6.975.16249.9174
Slightly volatile
Return On Tangible Assets0.03790.04980.0709
Slightly volatile
Earnings Yield0.20.19370.1208
Slightly volatile
Intangibles To Total Assets0.08750.08330.0576
Slightly volatile
Current Ratio6.753.705811.3637
Pretty Stable
Tangible Book Value Per Share16.829.491835.1278
Slightly volatile
Receivables Turnover18.0118.959953.9211
Pretty Stable
Graham Number15.2116.015370.1529
Slightly volatile
Shareholders Equity Per Share17.899.491838.9949
Slightly volatile
Debt To Equity0.620.73290.6752
Slightly volatile
Capex Per Share0.320.35890.2569
Slightly volatile
Revenue Per Share31.116.120454.9233
Slightly volatile
Interest Debt Per Share10.956.956120.1425
Slightly volatile
Debt To Assets0.230.28860.2846
Slightly volatile
Enterprise Value Over EBITDA6.485.00269.6261
Slightly volatile
Price Earnings Ratio6.975.16249.9174
Slightly volatile
Operating Cycle450280401
Slightly volatile
Price Book Value Ratio0.930.65321.3502
Slightly volatile
Days Of Payables Outstanding53.6769.43732.2952
Pretty Stable
Dividend Payout Ratio0.05060.03980.058
Pretty Stable
Pretax Profit Margin0.06770.12220.1216
Slightly volatile
Ebt Per Ebit1.230.82271.0099
Very volatile
Operating Profit Margin0.170.14850.1315
Slightly volatile
Company Equity Multiplier2.762.53922.2198
Slightly volatile
Long Term Debt To Capitalization0.440.42290.3661
Slightly volatile
Total Debt To Capitalization0.440.42290.3749
Slightly volatile
Return On Capital Employed0.190.11290.1069
Slightly volatile
Debt Equity Ratio0.620.73290.6752
Slightly volatile
Ebit Per Revenue0.170.14850.1315
Slightly volatile
Quick Ratio0.40.41732.828
Pretty Stable
Net Income Per E B T0.620.60980.8535
Slightly volatile
Cash Ratio0.120.12451.1954
Very volatile
Cash Conversion Cycle411210369
Slightly volatile
Days Of Inventory Outstanding437260388
Slightly volatile
Days Of Sales Outstanding17.9519.251212.4143
Very volatile
Price To Book Ratio0.930.65321.3502
Slightly volatile
Fixed Asset Turnover5.075.337651.4151
Pretty Stable
Enterprise Value Multiple6.485.00269.6261
Slightly volatile
Debt Ratio0.230.28860.2846
Slightly volatile
Price Sales Ratio0.530.38460.9357
Slightly volatile
Return On Assets0.03660.04980.0665
Slightly volatile
Asset Turnover0.620.66890.6905
Slightly volatile
Net Profit Margin0.04570.07450.0948
Very volatile
Gross Profit Margin0.140.16920.2022
Very volatile
Price Fair Value0.930.65321.3502
Slightly volatile
Return On Equity0.110.12650.1374
Pretty Stable

Lennar Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap388.4 M408.9 M4.9 B
Slightly volatile
Enterprise Value801.6 M843.7 M4.5 B
Slightly volatile

Lennar Fundamental Market Drivers

Forward Price Earnings10.8108
Cash And Short Term Investments6.5 B

Lennar Upcoming Events

12th of March 2024
Upcoming Quarterly Report
View
12th of June 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
12th of December 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
30th of November 2023
Last Financial Announcement
View

About Lennar Financial Statements

Lennar investors utilize fundamental indicators, such as revenue or net income, to predict how Lennar Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-4.6 B-4.4 B
Total Revenue39.4 B41.3 B
Cost Of Revenue286.4 M272.1 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.01  0.01 
Capex To Revenue 0.02  0.01 
Revenue Per Share 16.12  31.10 
Ebit Per Revenue 0.15  0.17 

Pair Trading with Lennar

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lennar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lennar will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lennar Stock

Moving against Lennar Stock

  0.65DOGZ Dogness International Upward RallyPairCorr
  0.49RL Ralph Lauren CorpPairCorr
  0.49KTB Kontoor BrandsPairCorr
  0.43UAA Under Armour A Aggressive PushPairCorr
  0.37FOSL Fossil GroupPairCorr
The ability to find closely correlated positions to Lennar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lennar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lennar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lennar to buy it.
The correlation of Lennar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lennar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lennar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lennar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Lennar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lennar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lennar Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lennar Stock:
Check out the analysis of Lennar Correlation against competitors.
To learn how to invest in Lennar Stock, please use our How to Invest in Lennar guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lennar. If investors know Lennar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lennar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.101
Dividend Share
1.875
Earnings Share
15.05
Revenue Per Share
132.561
Quarterly Revenue Growth
0.079
The market value of Lennar is measured differently than its book value, which is the value of Lennar that is recorded on the company's balance sheet. Investors also form their own opinion of Lennar's value that differs from its market value or its book value, called intrinsic value, which is Lennar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lennar's market value can be influenced by many factors that don't directly affect Lennar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lennar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lennar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lennar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.