Lennar Financial Statements From 2010 to 2026

LEN Stock  USD 110.58  1.26  1.13%   
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
6.2 B
Profit Margin
0.0608
Market Capitalization
27.6 B
Enterprise Value Revenue
0.82
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 27th of January 2026, Market Cap is likely to grow to about 31.7 B. Also, Enterprise Value is likely to grow to about 32.3 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 20.5 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 Total3.5 B4.7 BB
Very volatile
Total Stockholder Equity26.5 B25.3 B15 B
Slightly volatile
Retained Earnings27.1 B25.8 B11.9 B
Slightly volatile
Non Current Assets Total22.1 B21.1 B9.2 B
Slightly volatile
Non Currrent Assets Other16.1 B15.4 B4.6 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 Total10.9 B10.4 B8.2 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 LiabilitiesB3.8 B2.4 B
Slightly volatile
Property Plant And Equipment Net955.7 M910.2 M496.5 M
Slightly volatile
Accounts Payable2.2 B2.1 B1.1 B
Slightly volatile
Cash4.2 BB2.7 B
Slightly volatile
Cash And Short Term Investments4.2 BB2.7 B
Slightly volatile
Net Receivables1.2 B1.2 B863.8 M
Slightly volatile
Inventory7.6 B13.4 B12.5 B
Slightly volatile
Total Current Assets9.8 B18.5 B16 B
Slightly volatile
Property Plant And Equipment Gross5.4 B5.1 B1.4 B
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 Will4.2 BB2.2 B
Slightly volatile
Property Plant Equipment955.7 M910.2 M436.6 M
Slightly volatile
Short Term Investments63.5 M36.5 M61.5 M
Slightly volatile
Short Term Debt1.6 B2.8 B1.8 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 Investments1.6 B3.1 B1.7 B
Slightly volatile
Non Current Liabilities Other8.2 B7.8 B3.9 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 Capital28.4 B36.9 B23.5 B
Slightly volatile
Net Working Capital24.2 B31.6 B20.4 B
Slightly volatile
Capital Stock25.5 M26.7 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
EBIT6.3 BB3.2 B
Slightly volatile
EBITDA3.4 B3.2 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 Amortization139.5 M132.9 M78.1 M
Slightly volatile
Cost Of Revenue34 B32.3 B15.6 B
Slightly volatile
Selling General Administrative768.8 M732.2 M371.9 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 B4.6 B2.6 B
Slightly volatile
Reconciled Depreciation102.2 M132.9 M87.7 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 Flow7.9 B7.6 B3.1 B
Slightly volatile
Net Income4.8 B4.6 B2.4 B
Slightly volatile
End Period Cash FlowB5.7 BB
Slightly volatile
Depreciation139.5 M132.9 M78.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.570.881.0084
Pretty Stable
Dividend Yield0.01670.01770.0139
Pretty Stable
PTB Ratio0.971.381.4501
Slightly volatile
Days Sales Outstanding21.7912.3118.8692
Slightly volatile
Book Value Per Share81.1877.3153.9778
Slightly volatile
Stock Based Compensation To Revenue0.00630.00570.0054
Slightly volatile
Capex To Depreciation1.621.711.0958
Slightly volatile
PB Ratio0.971.381.4501
Slightly volatile
EV To Sales0.850.91.3178
Slightly volatile
ROIC0.0450.05960.071
Slightly volatile
Inventory Turnover1.442.781.1932
Slightly volatile
Net Income Per Share7.627.267.1554
Slightly volatile
Days Of Inventory On Hand260136356
Slightly volatile
Payables Turnover9.6613.9613.9841
Pretty Stable
Sales General And Administrative To Revenue0.01490.01680.0183
Slightly volatile
Capex To Revenue0.00530.00560.0049
Pretty Stable
Cash Per Share12.7112.119.8421
Slightly volatile
Payout Ratio0.30.290.156
Very volatile
Days Payables Outstanding41.9727.0528.1975
Pretty Stable
ROE0.110.09460.1342
Very volatile
PE Ratio7.4214.5411.2758
Pretty Stable
Return On Tangible Assets0.03960.06040.0737
Slightly volatile
Earnings Yield0.07240.07120.0944
Very volatile
Intangibles To Total Assets0.09450.090.0635
Slightly volatile
Current Ratio3.84.45.2308
Slightly volatile
Tangible Book Value Per Share68.5665.2946.598
Slightly volatile
Receivables Turnover48.3239.2123.4453
Slightly volatile
Graham Number11711291.6075
Slightly volatile
Shareholders Equity Per Share80.5176.6853.0815
Slightly volatile
Debt To Equity0.20.210.6263
Slightly volatile
Capex Per Share0.760.730.3485
Slightly volatile
Revenue Per Share12511975.5606
Slightly volatile
Interest Debt Per Share12.1914.2622.6538
Slightly volatile
Debt To Assets0.10.110.278
Slightly volatile
Enterprise Value Over EBITDA7.0510.9311.1736
Slightly volatile
Price Earnings Ratio7.4214.5411.2758
Pretty Stable
Operating Cycle276145374
Slightly volatile
Price Book Value Ratio0.971.381.4501
Slightly volatile
Days Of Payables Outstanding41.9727.0528.1975
Pretty Stable
Dividend Payout Ratio0.30.290.156
Very volatile
Pretax Profit Margin0.06790.07410.1179
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 Capitalization0.170.180.2955
Slightly volatile
Total Debt To Capitalization0.170.180.3431
Slightly volatile
Return On Capital Employed0.07010.07950.1034
Slightly volatile
Debt Equity Ratio0.20.210.6263
Slightly volatile
Ebit Per Revenue0.07430.07240.118
Very volatile
Quick Ratio0.751.221.0268
Very volatile
Net Income Per E B T0.620.660.8441
Slightly volatile
Cash Ratio0.50.950.7365
Pretty Stable
Cash Conversion Cycle246124347
Slightly volatile
Days Of Inventory Outstanding260136356
Slightly volatile
Days Of Sales Outstanding21.7912.3118.8692
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.680.840.9446
Slightly volatile
Price To Book Ratio0.971.381.4501
Slightly volatile
Fixed Asset Turnover48.9751.5540.1236
Slightly volatile
Enterprise Value Multiple7.0510.9311.1736
Slightly volatile
Debt Ratio0.10.110.278
Slightly volatile
Price Sales Ratio0.570.881.0084
Pretty Stable
Return On Assets0.03780.05430.0681
Slightly volatile
Asset Turnover0.630.890.7318
Slightly volatile
Net Profit Margin0.0470.05470.0927
Very volatile
Gross Profit Margin0.140.160.2113
Pretty Stable
Price Fair Value0.971.381.4501
Slightly volatile
Return On Equity0.110.09460.1342
Very volatile

Lennar Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap31.7 B30.2 B21.6 B
Slightly volatile
Enterprise Value32.3 B30.8 B25.7 B
Slightly volatile

Lennar Fundamental Market Drivers

Forward Price Earnings14.881
Cash And Short Term Investments3.5 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 Revenue39.3 B41.3 B
Cost Of Revenue32.3 B34 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.02  0.01 
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.

Moving against Lennar Stock

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  0.43603008 Xilinmen FurniturePairCorr
  0.32FLXS Flexsteel IndustriesPairCorr
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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
(0.53)
Dividend Share
2
Earnings Share
7.99
Revenue Per Share
132.638
Quarterly Revenue Growth
(0.06)
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.