Lennar Corporation | Large-cap | Consumer Cyclical

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 35.4B
Gross Profit 5.5B 15.52%
Operating Income 4.8B 13.68%
Net Income 4.0B 11.19%
EPS (Diluted) $14.31

Balance Sheet Metrics

Total Assets 41.3B
Total Liabilities 13.3B
Shareholders Equity 28.0B
Debt to Equity 0.47

Cash Flow Metrics

Operating Cash Flow 4.0B
Free Cash Flow 2.2B

Revenue & Profitability Trend

Lennar Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 35.4B 34.2B 33.7B 27.1B 22.5B
Cost of Goods Sold 29.9B 28.3B 26.5B 21.6B 19.0B
Gross Profit 5.5B 5.9B 7.2B 5.5B 3.5B
Operating Expenses 649.0M 501.3M 414.5M 398.4M 333.4M
Operating Income 4.8B 5.4B 6.8B 5.1B 3.1B
Pre-tax Income 5.2B 5.2B 6.0B 5.8B 3.1B
Income Tax 1.2B 1.2B 1.4B 1.4B 656.2M
Net Income 4.0B 4.0B 4.6B 4.5B 2.5B
EPS (Diluted) $14.31 $13.73 $15.72 $14.27 $7.85

Income Statement Trend

Lennar Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 29.3B 29.3B 28.4B 25.1B 22.7B
Non-Current Assets 12.0B 9.9B 9.6B 8.1B 7.3B
Total Assets 41.3B 39.2B 38.0B 33.2B 29.9B
Liabilities
Current Liabilities 1.8B 1.6B 1.6B 1.3B 1.0B
Non-Current Liabilities 11.5B 10.9B 12.1B 10.9B 10.8B
Total Liabilities 13.3B 12.5B 13.7B 12.2B 11.8B
Equity
Total Shareholders Equity 28.0B 26.7B 24.2B 21.0B 18.1B

Balance Sheet Composition

Lennar Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 4.0B 4.0B 4.6B 4.5B 2.5B
Operating Cash Flow 4.0B 5.0B 3.0B 4.0B 4.1B
Investing Activities
Capital Expenditures -110.1M -86.6M -32.5M -65.2M -38.8M
Investing Cash Flow -533.7M -276.6M -526.7M -467.3M -500.9M
Financing Activities
Dividends Paid -548.8M -430.6M -438.0M -309.8M -195.0M
Financing Cash Flow -3.7B -3.2B -1.3B -2.4B -2.4B
Free Cash Flow 2.2B 5.1B 3.2B 2.5B 4.1B

Cash Flow Trend

Lennar Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 8.40
Forward P/E 6.26
Price to Book 1.17
Price to Sales 0.79
PEG Ratio 6.26

Profitability Ratios

Profit Margin 9.21%
Operating Margin 7.91%
Return on Equity 13.26%
Return on Assets 7.24%

Financial Health

Current Ratio 10.11
Debt to Equity 19.29
Beta 1.35

Per Share Data

EPS (TTM) $12.07
Book Value per Share $86.75
Revenue per Share $133.42

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
len.b 27.9B 8.40 1.17 13.26% 9.21% 19.29
D.R. Horton 38.2B 9.42 1.58 17.65% 12.15% 26.60
Lennar 29.0B 9.17 1.28 13.26% 9.21% 19.29
NVR 21.5B 15.12 5.46 38.25% 14.77% 26.99
PulteGroup 19.7B 6.94 1.60 25.52% 16.45% 17.80
Toll Brothers 10.9B 8.26 1.38 18.06% 12.95% 36.78

Financial data is updated regularly. All figures are in the company's reporting currency.