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LEN - Lennar Corporation

NYSE -> Consumer Cyclical -> Residential Construction
Miami, United States
Type: Equity

LEN price evolution
LEN
(in millions $) 1 Oct 2024 30 Jun 2024 1 May 2024 31 Jan 2024
Current assets
Cash $3609.07 $4962.76 $6287.2
Short term investments
Net receivables $1542.29 $898.3 $897.37 $887.99
Inventory $20640.51 $19901.5 $19374.07 $18352.74
Total current assets $26435.46 $25847.78 $26358.61 $26976.23
Long term investments
Property, plant & equipment $223.61 $151.6 $104.78 $145.81
Goodwill & intangible assets $3442.36 $3442.36 $3442.36
Total noncurrent assets
Total investments $1263.9 $1206.56 $1143.91
Total assets $39740.98 $38667.67 $38951.2 $39234.3
Current liabilities
Accounts payable $1788.12 $1727.36 $1565.46 $1631.4
Deferred revenue
Short long term debt
Total current liabilities $2020.81 $1889.93 $1678.13 $1785.67
Long term debt $3808.67 $3651.61 $4394.62 $4984.03
Total noncurrent liabilities
Total debt $2241.51 $2830.33 $2816.48
Total liabilities $12328.46 $11651.92 $12173.27 $12532.34
Shareholders' equity
Retained earnings $24791.52 $23764.69 $22949.31 $22369.37
Other shareholder equity $7.04 $6.6 $5.24 $4.88
Total shareholder equity $26877.87 $26647.83 $26580.66
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $6287.2 $4639.17 $2757.14 $2719.2
Short term investments
Net receivables $887.99 $1500.14 $490.28 $298.67
Inventory $18352.74 $21862.45 $18715.3 $16925.23
Total current assets $26976.23 $28141.32 $23289 $19947.01
Long term investments $2118.32
Property, plant & equipment $955.39 $860.16 $835.43 $936
Goodwill & intangible assets $3442.36 $3442.36 $3442.36 $3442.36
Total noncurrent assets $9988.16
Total investments $1143.91 $1173.16 $972.08 $953.18
Total assets $39234.3 $37984.29 $33207.78 $29935.18
Current liabilities
Accounts payable $1631.4 $1616.13 $1321.25 $1037.34
Deferred revenue
Short long term debt
Total current liabilities $1785.67 $3926.8 $3211 $1745.93
Long term debt $4984.03 $4047.29 $4652.34 $5955.76
Total noncurrent liabilities $10089.84
Total debt $2816.48 $4047.29 $4652.34 $5955.76
Total liabilities $12532.34 $13883.8 $12211.5 $11835.78
Shareholders' equity
Retained earnings $22369.37 $18861.42 $14685.33 $10564.99
Other shareholder equity $4.88 $2.41 -$1.34 -$0.81
Total shareholder equity $26580.66 $24100.5 $20816.42 $17994.86
(in millions $) 30 Oct 2024 30 Jun 2024 1 May 2024 31 Jan 2024
Revenue
Total revenue $8765.59
Cost of revenue $7370.21
Gross Profit $1395.38
Operating activities
Research & development
Selling, general & administrative $156.98
Total operating expenses $176.67
Operating income $1218.71
Income from continuing operations
EBIT $1254.78
Income tax expense $300.47
Interest expense
Net income
Net income $954.31
Income (for common shares) $954.31
(in millions $) 31 Dec 2023 31 Dec 2022 31 Jan 2022 31 Dec 2020
Revenue
Total revenue $34233.37 $33671.01 $22488.85
Cost of revenue $28292.38 $26468.87 $19014.75
Gross Profit $5940.98 $7202.14 $3474.11
Operating activities
Research & development
Selling, general & administrative $501.34 $414.5 $358.42
Total operating expenses $574.42 $480.9 $358.42
Operating income $5366.56 $6721.25 $3115.69
Income from continuing operations
EBIT $5179.52 $5980.19 $3121.27
Income tax expense $1241.01 $1366.07 $656.24
Interest expense
Net income
Net income $3938.51 $4614.13 $2465.04
Income (for common shares) $3938.51 $4614.13 $2465.04
(in millions $) 1 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Net income $954.31 $719.33 $1361.29
Operating activities
Depreciation $28.61 $27.14 $29.02
Business acquisitions & disposals $99.64
Stock-based compensation $34.51 $87.68 $21.1
Total cash flows from operations $241.76 $367.87 $2589.2
Investing activities
Capital expenditures -$38.81 -$72.92 -$46.19
Investments -$101.68 -$80.08 -$115.47
Total cash flows from investing -$176.82 -$126.87 -$147.91 -$62.02
Financing activities
Dividends paid -$414.17 -$138.93 -$139.39 -$105.2
Sale and purchase of stock -$609.61 -$595.1 -$341.1
Net borrowings -$704.78 -$781.83 $620.33
Total cash flows from financing -$3511.84 -$1454.97 -$1529.42 -$80.28
Effect of exchange rate
Change in cash and equivalents -$2259.79 -$1340.08 -$1309.47 $2446.91
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $3938.51 $4614.13 $4430.11 $2465.04
Operating activities
Depreciation $110.16 $87.08 $85.95 $94.55
Business acquisitions & disposals $99.64 $398.42 $397.85 $235.69
Stock-based compensation $160.72 $184.09 $134.62 $107.13
Total cash flows from operations $5179.74 $3265.67 $2532.77 $4190.82
Investing activities
Capital expenditures -$99.8 -$32.53 -$23.62 -$38.82
Investments -$190.04 -$495.6 -$479.33 -$478.72
Total cash flows from investing -$176.98 -$128.3 -$105.09 -$280.2
Financing activities
Dividends paid -$430.56 -$438.04 -$309.78 -$195.04
Sale and purchase of stock -$1182.71 -$1039.31 -$1430.21 -$321.52
Net borrowings -$741.41 $931.97 -$359.23 -$2064.28
Total cash flows from financing -$3247.59 -$1277.28 -$2404.74 -$2446.57
Effect of exchange rate
Change in cash and equivalents $1755.17 $1860.09 $22.95 $1464.04
Fundamentals
Market cap $37.45B
Enterprise value N/A
Shares outstanding 271.24M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 0.47
Net debt/EBITDA N/A
Current ratio 13.08
Quick ratio 2.87