Revenue segments as reported by the company.

Homebuilding

Financial Services

Multifamily 

Lennar Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Equity in earnings (loss) from unconsolidated entities, and other gain

Other expense, net

Lennar Other realized and unrealized gain (loss)

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Lennar

Lennar Corp. is a homebuilder company which engages in the provision of real estate related financial and investment management services. It operates through the following segments: Homebuilding East, Central, Texas, and West, Financial Services, Multifamily, and Lennar Other. The Homebuilding East, Central, Texas, and West segment constructs and sells homes primarily for first-time, move-up, and active adult homebuyers primarily under the Lennar brand name. In addition, the company's homebuilding operations purchase, develop, and sell land to third parties. The Financial Services segment focuses on mortgage financing, title, and closing services for buyers. The Multifamily segment is involved in the development, construction, and property management of multifamily rental properties. The Lennar Other segment includes strategic investments in technology companies. The company was founded by Gene Fisher and Arnold Paul Rosen in 1954 and is headquartered in Miami, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Lennar manages market challenges, eyes growth through strategic initiatives

Lennar tackled market challenges with a focus on volume and cash flow.
Strong balance sheet and liquidity position the company well for growth.
Challenges include market volatility, pricing pressures, and supply shortages.
Opportunities lie in optimizing assets, strategic cash management, and proactive risk mitigation.

Lennar reports strong Q2 results, eyes growth through affordability

Lennar's Q2 performance showcased strength in financial services, cost management, and balance sheet improvements.
Challenges include moderating rental rates, supply chain disruptions, and maintaining cash flow amidst reduced owned lots.
Opportunities for growth through strategic partnerships, market share expansion, and capital allocation strategies are key focus areas.
Overall, Lennar's focus on production consistency, affordability, and strategic growth positions it well for future success.

Lennar reports strong Q3 results, eyes community growth opportunities

Lennar's strong Q3 performance reflects increased home starts, sales, and improved margins.
The company's focus on production efficiency, cost reduction, and land acquisitions is driving profitability.
Challenges include managing pricing dynamics and balancing returns versus growth.
Opportunities lie in community count growth, potential Quarterra plans revival, and strategic initiatives for cash flow.

Lennar delivers strong Q4 results, eyes growth through volume

Lennar's Q4 performance showcased growth in home deliveries and a strong financial position. The company's strategic focus on volume and efficiency drives market share gains. Challenges include managing negative leverage and interest rate impacts.

Lennar excels in Q1, addresses affordability challenges with innovation

Lennar's strong performance in Q1 driven by volume and margin improvements
Balanced focus on efficiency, affordability, and financial strength
Challenges include affordability concerns and market volatility
Opportunities lie in innovative housing solutions and strategic financial moves

Lennar Q2 2024: Strong Margins, Asset-Light Strategy Progress

Lennar's Q2 2024 earnings call highlighted strong operational and financial performance, with significant progress in their transition to an asset-light business model. The company is navigating macroeconomic challenges effectively, while strategic initiatives like the land asset spin-off present new growth opportunities. Continued focus on operational efficiency and strategic asset management is expected to sustain Lennar's market leadership.

Lennar reports strong Q3 earnings and growth outlook amidst challenges

Lennar's Q3 performance reflects strong earnings in key segments and a robust cash position, setting a positive tone for future growth.
While facing challenges like housing shortages and margin fluctuations, Lennar's strategic initiatives and market positioning offer opportunities for long-term success.
Efforts to enhance affordability and operational efficiency position Lennar well to navigate market dynamics and drive sustainable growth in the housing sector.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Lennar Corp. engages in the provision of real estate related financial and investment management services. It operates through the following segments: Homebuilding, Financial Services, Multifamily, and Lennar Other. The Homebuilding segment refers to the construction and sale of single-family attached and detached homes and the purchase, development, and sale of residential land directly and through entities. The Financial Services segment focuses on mortgage financing, title, and closing services for buyers. The Multifamily segment is involved in the development, construction, and property management of multifamily rental properties. The Lennar Other segment includes funds, asset management platform, and strategic investments in technology companies. The company was founded in 1954 and is headquartered in Miami, FL.

Fluor

North American Energy Partners

Per the latest contract, KBR is set to offer maintenance services at the SATORP refinery in Jubail, Kingdom of Saudi Arabia.

KBR Inks 7-Year Maintenance Services Contract, Boosts Backlog

Mid-rise luxury community in the heart of Plantation  PLANTATION, Fla. , April 20, 2022 /PRNewswire/ -- LMC , a wholly owned subsidiary of Lennar Corporation [NYSE: LEN] and a leader in apartment development and management, today announced the opening of The Remy , a luxury apartment community in Plantation, located just west of Ft.

LMC Announces Opening of The Remy

D.R. Horton

KB Home

Toll Brothers

In spite of challenges, U.S. homebuilding remains on solid ground, helping stocks like Lennar Corp. (LEN), D.R. Horton (DHI), KB Home (KBH) and Toll Brothers (TOL).

4 Stocks to Watch Amid Challenges for Homebuilding Industry

Continental Resources

Occidental Petroleum

Depending on your age, the bull market in stocks started in 1982, with stocks trading at six-times earnings and the U.S. Treasury Bonds paying 15% interest, or in 2009 at the bottom of the financial crisis. Either way, the combination of the Federal Reserve Board's liquidity and the popularity/stock market domination of technology stocks have entered us into what we will call “The Twilight Zone.

The Twilight Zone

Our theme of Housing Stocks, which includes the stocks of home builders, building products companies, and home improvement players, has declined by about 32% year-to-date, compared to the S&P 500, which remains down by about 8% over the same period. The sharp sell-off in the housing space comes.

D.R. Horton, Lennar: Are Home Builder Stocks A Value Trap?

Lennar has fallen as mortgage finance activity has dropped. However, this data is not actually a good measure of Lennar's revenue stream.

Misinterpreted Mortgage Data Made Lennar Opportunistically Cheap

PulteGroup

J.P. Morgan analyst Michael Rehaut cut his price targets on a host of home builders' stocks, saying investors are likely to remain concerned about the sustainability of current demand given the continued rise in interest rates. The iShares U.S. Home Construction ETF ITB, +1.77% rose 2.0% in midday trading Wednesday, but has tumbled 29.4% since closing at a record $83.04 on Dec. 12, 2020.

Home builder stocks shouldn't bounce much after earnings as rate outlook weighs, analyst says

Steady performance, higher operating leverage and a solid backlog level are likely to help Lennar (LEN) grow further, defying challenges.

Why You Should Consider Buying Lennar (LEN) Amid Challenges

Commercial Metals

Comstock Resources

Lithia Motors

News Corp

Solid sales growth is vital to gauge a company's health and ability to sustain its business. Let's check out News Corporation (NWSA), Commercial Metals (CMC), Lennar (LEN), Lithia Motors (LAD) & Comstock Resources (CRK), which are posting top-line growth.

Solid Sales Growth Makes These 5 Stocks Worth Betting on

Homebuilders are enduring a rough 2022, but here's one that could emerge from the downturn.

1 Homebuilder to Buy for the Long Term

M.D.C. Holdings

TRI Pointe Group

Homebuilding prospects look solid for first-quarter 2022 on upbeat demand. Let's see whether M.D.C.

MDC or TPH: Which Homebuilding Stock is a More Profitable Pick?

Taylor Morrison Home

Investing in values stocks like TPH, DHI, LEN, MDC and TMHC in the housing industry seems prudent, given a choppy environment.

Vexed by a Rocky Homebuilding Market? 5 Value Stocks to the Rescue

Century Communities

Spending on residential construction projects is helping the construction sector, boding well for stocks like D.R. Horton (DHI), Lennar Corporation (LEN), Century Communities (CCS) and NVR, Inc (NVR).

Homebuilding Industry Driving Construction Spending: 4 Picks

Certifications reflect company's commitment to energy conservation CHARLOTTE, N.C. , April 4, 2022 /PRNewswire/ --  LMC , a wholly-owned subsidiary of Lennar (NYSE:LEN) and a leader in apartment development and management, today announced that eight LMC communities were awarded Energy Star certifications from the Environmental Protection Agency (EPA) for their energy conservation efforts.

Eight LMC Communities Earn EPA Energy Star Certifications

They're trading with P/Es under 5, but are the homebuilder stocks values or traps?

5 Dirt Cheap Homebuilder Stocks in 2022

WINCHESTER, Va. , March 29, 2022 /PRNewswire/ -- Homebuyers in Winchester, Virginia can now enjoy the trademark design, technology, and quality of a Lennar home with the introduction of Senseny Village, a masterplanned community with 107 one- and two-story single-family homes from one of the nation's leading homebuilders.

HOME SALES OPEN FOR FIRST-EVER LENNAR NEIGHBORHOOD IN WINCHESTER, VIRGINIA, BRINGING DESIGN, TECHNOLOGY, QUALITY AND COMMUNITY TOGETHER AT SENSENY VILLAGE

Lennar has gotten extremely cheap as fears of rising mortgage rates and supply chain issues rise.

Lennar Is At A Cyclical Peak, But It's Worth Buying Anyway

Lennar (LEN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How Lennar (LEN) Stock Stands Out in a Strong Industry

The average 30-year fixed-rate mortgage has climbed past 4% for the first time in three years.

Higher interest rates are pressuring homebuilder stocks but investors should stick with them as housing demand remains strong, Jefferies says

Lennar (LEN) is poised to gain from solid housing market fundamentals, strategic land investments and improving SG&A leverage.

Here's Why Investors Should Buy Lennar (LEN) Stock Right Now

Lennar (LEN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Lennar (LEN) Upgraded to Buy: Here's What You Should Know

The average of price targets set by Wall Street analysts indicates a potential upside of 33.1% in Lennar (LEN). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 33% Upside in Lennar (LEN): Here's What You Should Know

U.S. homebuilder Lennar Corp on Thursday forecast current-quarter profit above Street estimates, as strong demand for costlier homes continue to buoy its performance amid the supply challenges faced by the industry.

Lennar forecasts strong Q2 profit on soaring demand for homes

MDC is benefiting from a solid housing market backdrop and the build-to-order process.

Why MDC is a Profitable Pick for Investors Amid Industry Woes

Lennar Corporation (LEN) CEO Rick Beckwitt on Q1 2022 Results - Earnings Call Transcript

News for Lennar Stock (LEN)