Lennar Financial Statements From 2010 to 2026

LEN Stock  USD 121.06  0.38  0.31%   
Lennar's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Lennar's valuation are provided below:
Gross Profit
6.1 B
Profit Margin
0.0608
Market Capitalization
30 B
Enterprise Value Revenue
0.9369
Revenue
34.2 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 2026 to make sure the company can sustain itself down the road. As of the 18th of February 2026, Market Cap is likely to grow to about 31.7 B. Also, Enterprise Value is likely to grow to about 13.6 B

Lennar Total Revenue

41.28 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 15.2 M, Total Revenue of 41.3 B or Gross Profit of 7.3 B, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0167 or PTB Ratio of 0.97. Lennar financial statements analysis is a perfect complement when working with Lennar Valuation or Volatility modules.
  
Build AI portfolio with 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.

Lennar Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets41.6 B39.6 B25.8 B
Slightly volatile
Short and Long Term Debt Total7.6 B7.3 B6.5 B
Slightly volatile
Total Stockholder Equity26.5 B25.3 B15 B
Slightly volatile
Retained Earnings27.1 B25.8 B11.9 B
Slightly volatile
Non Current Assets Total20.9 B19.9 BB
Slightly volatile
Non Currrent Assets Other4.1 B3.9 B2.6 B
Slightly volatile
Common Stock Shares Outstanding183.9 M296.4 M251.5 M
Slightly volatile
Liabilities And Stockholders Equity41.6 B39.6 B25.8 B
Slightly volatile
Non Current Liabilities Total4.4 B7.8 B7.5 B
Slightly volatile
Total Liabilities14.8 B14.1 B10.6 B
Slightly volatile
Other Current Liabilities1.8 B1.7 B942.8 M
Slightly volatile
Total Current Liabilities6.6 B6.3 B2.9 B
Slightly volatile
Property Plant And Equipment Net1.1 BB520.2 M
Slightly volatile
Accounts Payable2.2 B2.1 B1.1 B
Slightly volatile
Cash4.6 B4.4 B2.7 B
Slightly volatile
Cash And Short Term Investments4.6 B4.4 B2.7 B
Slightly volatile
Net Receivables1.8 B1.7 B956.3 M
Slightly volatile
Inventory7.6 B13.6 B12.6 B
Slightly volatile
Total Current Assets20.7 B19.7 B16.8 B
Slightly volatile
Property Plant And Equipment Gross8.9 B8.5 BB
Slightly volatile
Common Stock Total Equity35.3 M33.7 M27 M
Slightly volatile
Intangible Assets4.4 B4.2 B2.3 B
Slightly volatile
Common Stock23.3 M34.3 M26.4 M
Slightly volatile
Other Liabilities6.8 B6.5 B3.2 B
Slightly volatile
Long Term Debt4.4 BB5.3 B
Pretty Stable
Good Will4.4 B4.2 B2.2 B
Slightly volatile
Property Plant Equipment1.1 BB460.3 M
Slightly volatile
Short Term Investments61.9 M35.2 M61.3 M
Slightly volatile
Short Term Debt1.6 B2.5 B1.7 B
Slightly volatile
Net Tangible Assets27.9 B26.6 B13.8 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity200.9 M125.9 M236 M
Slightly volatile
Retained Earnings Total Equity22.8 B21.7 B10.6 B
Slightly volatile
Long Term Debt Total5.9 BB5.5 B
Pretty Stable
Capital Surpluse5.5 B6.8 B5.1 B
Slightly volatile
Long Term Investments1.7 B3.3 B1.7 B
Slightly volatile
Non Current Liabilities Other3.5 B4.8 B3.3 B
Slightly volatile
Short and Long Term Debt2.3 B1.7 B1.5 B
Pretty Stable
Cash And Equivalents3.6 BB2.7 B
Slightly volatile
Net Invested Capital28.6 B32 B22.9 B
Slightly volatile
Net Working Capital23.7 B20.2 B19.1 B
Slightly volatile
Capital Stock25.3 M26.8 M31.7 M
Slightly volatile

Lennar Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue41.3 B39.3 B21.3 B
Slightly volatile
Gross Profit7.3 BB5.7 B
Slightly volatile
Other Operating Expenses38 B36.2 B17 B
Slightly volatile
Operating Income3.3 B3.2 B2.6 B
Slightly volatile
EBIT3.4 B3.3 B2.7 B
Slightly volatile
EBITDA3.6 B3.4 B2.8 B
Slightly volatile
Total Operating Expenses2.4 B3.8 B5.3 B
Slightly volatile
Income Before Tax3.4 B3.2 B2.7 B
Slightly volatile
Net Income2.5 B2.4 BB
Slightly volatile
Depreciation And Amortization162.2 M154.5 M81.8 M
Slightly volatile
Cost Of Revenue34 B32.3 B15.6 B
Slightly volatile
Selling General Administrative3.2 B3.1 B775.1 M
Slightly volatile
Net Income Applicable To Common Shares4.8 B4.6 B2.4 B
Slightly volatile
Selling And Marketing Expenses1.7 B2.9 B2.1 B
Slightly volatile
Net Income From Continuing Ops2.6 B2.4 B2.4 B
Slightly volatile
Reconciled Depreciation107.2 M154.5 M90.4 M
Slightly volatile
Non Recurring122.4 M137.7 M150.3 M
Slightly volatile

Lennar Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash FlowB5.7 B2.8 B
Slightly volatile
Dividends Paid629.1 M599.1 M233.8 M
Slightly volatile
Net Income2.5 B2.4 BB
Slightly volatile
End Period Cash Flow4.6 B4.4 B2.8 B
Slightly volatile
Depreciation162.2 M154.5 M81.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.570.881.0084
Pretty Stable
Dividend Yield0.01670.01780.0139
Pretty Stable
PTB Ratio0.971.381.4501
Slightly volatile
Days Sales Outstanding21.9518.0619.5109
Slightly volatile
Book Value Per Share81.1877.3153.9778
Slightly volatile
Stock Based Compensation To Revenue0.00630.00550.0054
Slightly volatile
Capex To Depreciation1.621.40441.0857
Slightly volatile
PB Ratio0.971.381.4501
Slightly volatile
EV To Sales0.850.951.324
Slightly volatile
ROIC0.04510.05960.071
Slightly volatile
Inventory Turnover1.442.731.1875
Slightly volatile
Net Income Per Share7.557.197.1426
Slightly volatile
Days Of Inventory On Hand261138356
Slightly volatile
Payables Turnover9.6613.9613.9841
Pretty Stable
Sales General And Administrative To Revenue0.06260.07050.077
Slightly volatile
Capex To Revenue0.0060.00630.005
Pretty Stable
Cash Per Share13.9513.2910.0615
Slightly volatile
Payout Ratio0.310.290.1569
Very volatile
Days Payables Outstanding41.9727.0528.1975
Pretty Stable
ROE0.110.09370.1341
Very volatile
PE Ratio7.4214.6811.2933
Pretty Stable
Return On Tangible Assets0.03960.06010.0736
Slightly volatile
Earnings Yield0.07240.07050.0943
Very volatile
Intangibles To Total Assets0.09970.09490.0644
Slightly volatile
Current Ratio3.762.815.0306
Slightly volatile
Tangible Book Value Per Share67.8664.6346.4747
Slightly volatile
Receivables Turnover47.9926.7322.0533
Slightly volatile
Graham Number11711191.5068
Slightly volatile
Shareholders Equity Per Share80.5176.6853.0815
Slightly volatile
Debt To Equity0.310.330.6458
Slightly volatile
Capex Per Share0.690.660.3463
Slightly volatile
Revenue Per Share12511975.5606
Slightly volatile
Interest Debt Per Share12.3622.123.6375
Pretty Stable
Debt To Assets0.240.170.2935
Slightly volatile
Enterprise Value Over EBITDA7.0510.9611.1773
Slightly volatile
Price Earnings Ratio7.4214.6811.2933
Pretty Stable
Operating Cycle277152375
Slightly volatile
Price Book Value Ratio0.971.381.4501
Slightly volatile
Days Of Payables Outstanding41.9727.0528.1975
Pretty Stable
Dividend Payout Ratio0.310.290.1569
Very volatile
Pretax Profit Margin0.0680.07410.1179
Pretty Stable
Ebt Per Ebit0.790.920.9793
Very volatile
Operating Profit Margin0.07430.07240.118
Very volatile
Company Equity Multiplier2.711.82.0916
Slightly volatile
Long Term Debt To Capitalization0.170.15190.2947
Slightly volatile
Total Debt To Capitalization0.450.260.3681
Slightly volatile
Return On Capital Employed0.07020.08560.1042
Slightly volatile
Debt Equity Ratio0.310.330.6458
Slightly volatile
Ebit Per Revenue0.07430.07240.118
Very volatile
Quick Ratio0.740.870.9824
Pretty Stable
Net Income Per E B T0.620.660.8437
Slightly volatile
Cash Ratio0.50.620.6958
Very volatile
Cash Conversion Cycle246131348
Slightly volatile
Days Of Inventory Outstanding261138356
Slightly volatile
Days Of Sales Outstanding21.9518.0619.5109
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.110.120.8217
Slightly volatile
Price To Book Ratio0.971.381.4501
Slightly volatile
Fixed Asset Turnover40.9643.1238.7252
Slightly volatile
Enterprise Value Multiple7.0510.9611.1773
Slightly volatile
Debt Ratio0.240.170.2935
Slightly volatile
Price Sales Ratio0.570.881.0084
Pretty Stable
Return On Assets0.03780.05380.0681
Slightly volatile
Asset Turnover0.630.890.7318
Slightly volatile
Net Profit Margin0.0470.05420.0926
Very volatile
Gross Profit Margin0.140.160.2113
Pretty Stable
Price Fair Value0.971.381.4501
Slightly volatile
Return On Equity0.110.09370.1341
Very volatile

Lennar Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap31.7 B30.2 B21.6 B
Slightly volatile
Enterprise Value13.6 B13 B13.1 B
Slightly volatile

Lennar Fundamental Market Drivers

Forward Price Earnings17.3611
Cash And Short Term Investments3.8 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 Revenue39.3 B41.3 B
Cost Of Revenue32.3 B34 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.07  0.06 
Capex To Revenue 0.01  0.01 
Revenue Per Share 119.37  125.34 
Ebit Per Revenue 0.07  0.07 

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.
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Will Household Durables sector continue expanding? Could Lennar diversify its offerings? Factors like these will boost the valuation of Lennar. Expected growth trajectory for Lennar significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Lennar data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.53)
Dividend Share
2
Earnings Share
7.98
Revenue Per Share
132.638
Quarterly Revenue Growth
(0.06)
Investors evaluate Lennar using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Lennar's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Lennar's market price to deviate significantly from intrinsic value.
Understanding that Lennar's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Lennar represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Lennar's market price signifies the transaction level at which participants voluntarily complete trades.