Lennar Financial Statements From 2010 to 2025

LEN Stock  USD 118.96  0.86  0.73%   
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
B
Profit Margin
0.111
Market Capitalization
31 B
Enterprise Value Revenue
0.8538
Revenue
35.4 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 2025 to make sure the company can sustain itself down the road. As of the 18th of March 2025, 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

42.8 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 217.3 M, Total Revenue of 42.8 B or Gross Profit of 9.7 B, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0122 or PTB Ratio of 0.97. 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 Assets49.9 B47.5 B26.3 B
Slightly volatile
Short and Long Term Debt Total3.3 B2.6 B5.8 B
Very volatile
Total Stockholder Equity33.7 B32.1 B15.4 B
Slightly volatile
Retained Earnings31.1 B29.6 B11.7 B
Slightly volatile
Non Current Assets Total14.8 B14.1 B7.1 B
Slightly volatile
Common Stock Shares Outstanding181.5 M312.8 M252 M
Slightly volatile
Liabilities And Stockholders Equity49.9 B47.5 B26.3 B
Slightly volatile
Non Current Liabilities Total13.8 B13.2 B9.6 B
Slightly volatile
Other Stockholder EquityB2.4 B3.7 B
Slightly volatile
Total Liabilities16 B15.3 B10.7 B
Slightly volatile
Other Current Liabilities5.6 B5.3 B1.6 B
Slightly volatile
Total Current Liabilities2.2 B2.1 B1.1 B
Slightly volatile
Property Plant And Equipment NetB4.8 B1.1 B
Slightly volatile
Accounts Payable2.2 B2.1 B1.1 B
Slightly volatile
Cash5.6 B5.4 B2.7 B
Slightly volatile
Non Currrent Assets OtherB8.6 B3.3 B
Slightly volatile
Cash And Short Term Investments10 B9.5 B3.5 B
Slightly volatile
Net Receivables1.3 B1.2 B888.4 M
Slightly volatile
Inventory23.8 B22.7 B14.1 B
Slightly volatile
Total Current Assets35.1 B33.4 B19.2 B
Slightly volatile
Property Plant And Equipment Gross5.4 B5.1 B1.2 B
Slightly volatile
Common Stock Total Equity35.3 M33.7 M26.9 M
Slightly volatile
Intangible Assets4.4 B4.2 B2.2 B
Slightly volatile
Common Stock22.9 M34.1 M26.2 M
Slightly volatile
Other Liabilities6.8 B6.5 BB
Slightly volatile
Other Assets15.9 M16.7 M1.4 B
Pretty Stable
Long Term Debt4.3 B4.8 B5.1 B
Very volatile
Good Will4.2 BB2.1 B
Slightly volatile
Property Plant EquipmentB989.2 M448.1 M
Slightly volatile
Short Term Debt532.2 M560.2 M1.2 B
Very volatile
Short Term Investments4.4 B4.2 B791.8 M
Slightly volatile
Net Tangible Assets27.9 B26.6 B13.2 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity200.9 M125.9 M242 M
Slightly volatile
Retained Earnings Total Equity22.8 B21.7 B10.1 B
Slightly volatile
Long Term Debt Total6.1 B4.7 B5.4 B
Very volatile
Capital Surpluse5.3 B6.2 BB
Slightly volatile
Long Term Investments1.6 B3.1 B1.6 B
Slightly volatile
Non Current Liabilities Other8.2 B7.8 B3.7 B
Slightly volatile
Short and Long Term Debt2.3 B1.7 B1.5 B
Pretty Stable
Cash And Equivalents2.8 B5.5 B2.6 B
Slightly volatile
Net Invested Capital28.4 B36.9 B22.9 B
Slightly volatile
Net Working Capital24.2 B31.6 B19.9 B
Slightly volatile
Capital Stock25.5 M26.7 M31.9 M
Slightly volatile

Lennar Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue42.8 B40.8 B20.7 B
Slightly volatile
Gross Profit9.7 B9.3 BB
Slightly volatile
Other Operating Expenses36.8 B35.1 B16 B
Slightly volatile
Operating IncomeB5.7 B2.9 B
Slightly volatile
EBIT6.1 B5.8 BB
Slightly volatile
EBITDA6.2 B5.9 BB
Slightly volatile
Total Operating Expenses2.3 B3.6 B5.4 B
Slightly volatile
Income Before Tax6.3 BBB
Slightly volatile
Net Income4.7 B4.5 B2.3 B
Slightly volatile
Depreciation And Amortization137 M130.5 M75.4 M
Slightly volatile
Cost Of Revenue33.1 B31.5 B14.7 B
Slightly volatile
Selling General Administrative472 M746.3 M761.8 M
Very volatile
Net Income Applicable To Common Shares4.8 B4.5 B2.3 B
Slightly volatile
Selling And Marketing Expenses1.7 B2.9 B2.1 B
Slightly volatile
Net Income From Continuing Ops2.6 B4.6 B2.5 B
Slightly volatile
Tax Provision902.7 M1.4 B754.4 M
Slightly volatile
Reconciled Depreciation102.2 M132.9 M86 M
Slightly volatile
Non Recurring122.4 M137.7 M150.1 M
Slightly volatile

Lennar Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow7.9 B7.6 B2.9 B
Slightly volatile
Dividends Paid662.7 M631.1 M220 M
Slightly volatile
Net Income4.8 B4.6 B2.3 B
Slightly volatile
End Period Cash FlowB5.7 B2.9 B
Slightly volatile
Depreciation139.5 M132.9 M75.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.560.38460.9781
Slightly volatile
Dividend Yield0.01220.00770.0074
Slightly volatile
PTB Ratio0.970.65321.3998
Slightly volatile
Days Sales Outstanding19.5419.251215.9106
Slightly volatile
Book Value Per Share9.029.491843.234
Slightly volatile
Stock Based Compensation To Revenue0.00630.00570.0055
Slightly volatile
Capex To Depreciation1.622.19171.1016
Slightly volatile
PB Ratio0.970.65321.3998
Slightly volatile
EV To Sales0.830.79371.2873
Slightly volatile
ROIC0.0880.06890.0764
Slightly volatile
Inventory Turnover1.431.40241.0504
Slightly volatile
Net Income Per Share2.371.2016.3919
Slightly volatile
Days Of Inventory On Hand431260380
Slightly volatile
Payables Turnover9.585.256613.4196
Very volatile
Sales General And Administrative To Revenue0.01570.01650.0608
Slightly volatile
Capex To Revenue0.01410.02230.0065
Slightly volatile
Cash Per Share0.340.36178.793
Slightly volatile
Interest Coverage19.9318.9873.2276
Pretty Stable
Payout Ratio0.05230.03980.0632
Slightly volatile
Days Payables Outstanding52.9169.43731.7617
Pretty Stable
ROE0.110.12650.1377
Pretty Stable
PE Ratio7.295.162410.3769
Slightly volatile
Return On Tangible Assets0.0390.04980.0731
Slightly volatile
Earnings Yield0.20.19370.1121
Slightly volatile
Intangibles To Total Assets0.03990.0750.0555
Slightly volatile
Current Ratio3.523.705813.9567
Slightly volatile
Tangible Book Value Per Share18.219.491838.6554
Slightly volatile
Receivables Turnover18.0118.959945.4175
Very volatile
Graham Number15.2116.015377.1781
Slightly volatile
Shareholders Equity Per Share9.029.491842.4069
Slightly volatile
Debt To Equity0.830.73290.6489
Slightly volatile
Capex Per Share0.330.35890.2808
Slightly volatile
Revenue Per Share15.3116.120458.6469
Slightly volatile
Interest Debt Per Share10.896.956119.4403
Slightly volatile
Debt To Assets0.230.28860.2692
Slightly volatile
Enterprise Value Over EBITDA6.955.002610.6955
Slightly volatile
Price Earnings Ratio7.295.162410.3769
Slightly volatile
Operating Cycle445280396
Slightly volatile
Price Book Value Ratio0.970.65321.3998
Slightly volatile
Days Of Payables Outstanding52.9169.43731.7617
Pretty Stable
Dividend Payout Ratio0.05230.03980.0632
Slightly volatile
Pretax Profit Margin0.0690.12220.1232
Slightly volatile
Ebt Per Ebit1.220.82271.0119
Very volatile
Operating Profit Margin0.170.14850.1319
Slightly volatile
Company Equity Multiplier2.732.53922.1718
Slightly volatile
Long Term Debt To Capitalization0.430.42290.3536
Slightly volatile
Total Debt To Capitalization0.440.42290.3566
Slightly volatile
Return On Capital Employed0.190.11290.1065
Slightly volatile
Debt Equity Ratio0.830.73290.6489
Slightly volatile
Ebit Per Revenue0.170.14850.1319
Slightly volatile
Quick Ratio0.40.41733.8855
Pretty Stable
Net Income Per E B T0.620.60980.8476
Slightly volatile
Cash Ratio0.120.12451.7452
Pretty Stable
Cash Conversion Cycle406210365
Slightly volatile
Days Of Inventory Outstanding431260380
Slightly volatile
Days Of Sales Outstanding19.5419.251215.9106
Slightly volatile
Price To Book Ratio0.970.65321.3998
Slightly volatile
Fixed Asset Turnover5.836.1448.6329
Very volatile
Enterprise Value Multiple6.955.002610.6955
Slightly volatile
Debt Ratio0.230.28860.2692
Slightly volatile
Price Sales Ratio0.560.38460.9781
Slightly volatile
Return On Assets0.03750.04980.0683
Slightly volatile
Asset Turnover0.630.66890.7016
Slightly volatile
Net Profit Margin0.04680.07450.0959
Very volatile
Gross Profit Margin0.140.16920.2038
Very volatile
Price Fair Value0.970.65321.3998
Slightly volatile
Return On Equity0.110.12650.1377
Pretty Stable

Lennar Valuation Data

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

Lennar Fundamental Market Drivers

Forward Price Earnings9.2937
Cash And Short Term Investments8.3 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 Revenue40.8 B42.8 B
Cost Of Revenue31.5 B33.1 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.02  0.02 
Capex To Revenue 0.02  0.01 
Revenue Per Share 16.12  15.31 
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

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Moving against Lennar Stock

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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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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
(0.16)
Dividend Share
2
Earnings Share
14.31
Revenue Per Share
130.29
Quarterly Revenue Growth
(0.09)
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.