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LEN-B - Lennar Corporation

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

LEN-B price evolution
LEN-B
(in millions $) 30 Aug 2022 30 May 2022 27 Feb 2022 29 Nov 2021
Current assets
Cash $1360.41 $1378.08 $1366.6 $2735.21
Short term investments
Net receivables $773.78 $619.75 $456.19 $490.28
Inventory $23272.43 $22489.92 $20592.7 $18715.3
Total current assets $27503.28 $26455.69 $22442.51 $21962.72
Long term investments $2670.89 $2659.15 $1066.26 $972.08
Property, plant & equipment $339.91
Goodwill & intangible assets
Total noncurrent assets
Total investments
Total assets $35339.88 $34306.2 $32635.25 $33207.78
Current liabilities
Accounts payable $1552.58 $1555.28 $1321.15 $1321.25
Deferred revenue
Short long term debt $16.68 $591.13 $591.04 $718.28
Total current liabilities $1972.38 $2541.99 $1321.15 $1321.25
Long term debt $4057.5 $4071.29 $4639.22 $4652.34
Total noncurrent liabilities
Total debt
Total liabilities $12212.34 $12516.43 $11787.82 $12211.5
Shareholders' equity
Retained earnings $17647.29 $16288.7 $15078.79 $14685.33
Other shareholder equity $2.09 $1.75 $1.69 -$1.34
Total shareholder equity $22977.28 $21598.26 $20679.06 $20816.42
(in millions $) 29 Nov 2021 29 Nov 2020 29 Nov 2019 29 Nov 2018
Current assets
Cash $2735.21 $2746.87 $1211.88 $1369.97
Short term investments
Net receivables $490.28 $385.3 $406.03 $310.67
Inventory $18715.3 $17175.15 $18091.61 $17346.6
Total current assets $21962.72 $22637.79 $22202.29 $21284.92
Long term investments $972.08 $2118.32 $2076.24 $1835.41
Property, plant & equipment $339.91 $411.52 $279.53 $319.86
Goodwill & intangible assets
Total noncurrent assets
Total investments
Total assets $33207.78 $29935.18 $29359.51 $28566.18
Current liabilities
Accounts payable $1321.25 $1037.34 $1069.18 $1325.4
Deferred revenue
Short long term debt $718.28 $295.08 $15.18
Total current liabilities $1321.25 $3018.22 $1414.62 $1715.21
Long term debt $4652.34 $5662.58 $7776.64 $8558.36
Total noncurrent liabilities
Total debt
Total liabilities $12211.5 $11835.78 $13325.68 $13883.22
Shareholders' equity
Retained earnings $14685.33 $10564.99 $8295 $6487.65
Other shareholder equity -$1.34 -$0.81 $0.5 -$0.37
Total shareholder equity $20816.42 $17994.86 $15949.52 $14581.53
(in millions $) 30 Aug 2022 30 May 2022 27 Feb 2022 29 Nov 2021
Revenue
Total revenue $8934.43 $8358.7 $6203.52 $8433.56
Cost of revenue $6373.05 $5898.22 $4563.07 $6067.63
Gross Profit $2561.38 $2460.48 $1640.45 $2365.93
Operating activities
Research & development
Selling, general & administrative $601.41 $591.76 $542.14 $579.77
Total operating expenses $6981.35 $6487.26 $5105.55 $6825.94
Operating income $1953.08 $1871.44 $1097.97 $1607.62
Income from continuing operations
EBIT $1953.08 $1871.44 $1097.97 $1607.62
Income tax expense $351.58 $432.28 $167.42 $387.15
Interest expense -$5.24
Net income
Net income $1467.34 $1320.76 $503.58 $1190.49
Income (for common shares) $1451.6 $1303.38 $503.58 $1190.49
(in millions $) 29 Nov 2021 29 Nov 2020 29 Nov 2019 29 Nov 2018
Revenue
Total revenue $27130.68 $22488.85 $22259.56 $20571.63
Cost of revenue $19766.38 $17317.65 $17742.08 $18237.45
Gross Profit $7364.29 $5171.2 $4517.48 $2334.18
Operating activities
Research & development
Selling, general & administrative $2195.08 $2055.51 $2056.3 $343.93
Total operating expenses $21288.43 $19390.14 $19821.04 $18393.25
Operating income $5842.24 $3098.71 $2438.52 $2178.38
Income from continuing operations
EBIT $5842.24 $3098.71 $2438.52 $2178.38
Income tax expense $1362.51 $656.24 $592.17 $545.17
Interest expense -$20.14 -$22.4 -$17.62 -$11.26
Net income
Net income $4430.11 $2465.04 $1849.05 $1695.83
Income (for common shares) $4430.11 $2436.65 $1832.91 $1680.96
(in millions $) 30 Aug 2022 30 May 2022 27 Feb 2022 29 Nov 2021
Net income $1467.34 $1320.76 $503.58 $1190.49
Operating activities
Depreciation $18.4 $19.43
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations $498.84 $124.84
Investing activities
Capital expenditures -$16.67 -$5.09
Investments -$52.31 -$63.08
Total cash flows from investing -$66.7 -$44.78
Financing activities
Dividends paid -$108.75 -$110.85
Sale and purchase of stock
Net borrowings -$422 $120.78
Total cash flows from financing -$434.22 -$132.23
Effect of exchange rate
Change in cash and equivalents -$2.08 -$52.16
(in millions $) 29 Nov 2021 29 Nov 2020 29 Nov 2019 29 Nov 2018
Net income $4430.11 $2465.04 $1849.05 $1695.83
Operating activities
Depreciation $94.55 $92.2 $91.18
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations $4190.82 $1482.34 $1691.75
Investing activities
Capital expenditures -$72.75 -$86.5 -$130.44
Investments -$254.89 $3.47 $189.1
Total cash flows from investing -$280.2 $19.6 -$593.95
Financing activities
Dividends paid -$195.04 -$51.45 -$49.16
Sale and purchase of stock
Net borrowings -$2294.14 -$1035.44 -$1760.32
Total cash flows from financing -$2446.57 -$1629.22 -$2195.9
Effect of exchange rate
Change in cash and equivalents $1464.04 -$127.28 -$1098.11
Fundamentals
Market cap N/A
Enterprise value N/A
Shares outstanding N/A
Revenue $31.93B
EBITDA N/A
EBIT $6.53B
Net Income $4.48B
Revenue Q/Q 28.71%
Revenue Y/Y 25.10%
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 13.23%
ROE 20.83%
Debt/Equity 0.59
Net debt/EBITDA N/A
Current ratio 13.94
Quick ratio 2.15