← LENNAR CORP /NEW/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $10.9b |
$12.6b
+15.49%
|
$20.6b
+62.67%
|
$22.3b
+8.21%
|
$22.5b
+1.03%
|
$27.1b
+20.64%
|
$33.7b
+24.11%
|
$34.2b
+1.67%
|
$35.4b
+3.53%
|
$34.2b
-3.54%
|
$32.7b
-4.24%
|
|
| Selling, General and Administrative Expense | — | — | — | — | — | — | — | — | — | $2.7b | $627.3m | |
| Corporate general and administrative | $232.6m | $285.9m | $343.9m | $341.1m | $358.4m | $398.4m | $414.5m | $501.3m | $649.0m | $636.7m | — | |
| Total costs and expenses | $9.7b | $11.3b | $18.7b | $19.8b | $19.4b | $22.1b | $26.9b | $28.9b | $30.7b | $31.5b | $30.7b | |
| Operating Income (Loss) | $1.6b |
$1.5b
-5.60%
|
$2.5b
+66.94%
|
$2.8b
+12.68%
|
$3.5b
+25.47%
|
— | — | — | — | — | $2.0b | |
| Interest Expense | $4.6m | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $55.2m | $49.5m | ($30.5m) | $2.5m | ($22.1m) | $49.0m | ($36.3m) | ($144.6m) | $164.1m | $78.2m | — | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | — | $30.5m | $225.9m | ($62.4m) | — | |
| Other income (expense), net and other gains (losses), net | $17.5m | ($58.9m) | $143.8m | ($40.3m) | ($39.4m) | $180.8m | ($15.3m) | $30.5m | $225.9m | ($62.4m) | — | |
| Earnings before income taxes | $1.3b | $1.2b | $2.3b | $2.4b | $3.1b | $5.8b | $6.0b | $5.2b | $5.2b | $2.8b | — | |
| Current Income Tax Expense (Benefit) | $319.9m | $326.8m | $277.1m | $352.1m | $564.2m | $1.2b | $1.6b | $1.3b | $1.2b | $628.3m | $550.1m | |
| Provision for income taxes | ($417.4m) | ($417.9m) | ($545.2m) | ($592.2m) | ($656.2m) | ($1.4b) | ($1.4b) | ($1.2b) | ($1.2b) | ($705.6m) | — | |
| Net earnings attributable to Lennar | $911.8m | $810.5m | $1.7b | $1.8b | $2.5b | $4.4b | $4.6b | $3.9b | $3.9b | $2.1b | — | |
| Net Income (Loss) Attributable to Parent | $911.8m |
$810.5m
-11.12%
|
$1.7b
+109.24%
|
$1.8b
+9.04%
|
$2.5b
+33.31%
|
$4.4b
+79.72%
|
$4.6b
+4.15%
|
$3.9b
-14.64%
|
$3.9b
-0.15%
|
$2.1b
-47.15%
|
$1.6b
-23.06%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $902.7m |
$802.7m
-11.08%
|
$1.7b
+109.43%
|
$1.8b
+9.04%
|
$2.4b
+32.94%
|
$4.4b
+79.64%
|
$4.6b
+4.23%
|
$3.9b
-14.73%
|
$3.9b
+0.10%
|
$2.1b
-47.14%
|
$1.6b
-22.31%
|
|
| Less: Net earnings attributable to noncontrolling interests | $1.2m | ($38.7m) | $21.7m | ($6.9m) | $2.5m | $26.4m | $34.4m | $22.8m | $35.1m | $30.1m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $1.2m | ($38.7m) | $21.7m | ($6.9m) | $2.5m | $26.4m | $34.4m | $22.8m | $35.1m | $30.1m | $1.6b | |
| Net earnings (including net earnings attributable to noncontrolling interests) | $913.1m | $771.8m | $1.7b | $1.8b | $2.5b | $4.5b | $4.6b | $4.0b | $4.0b | $2.1b | — | |
| Preferred Stock Dividends and Other Adjustments | $337k | $377k | $429k | $420k | $1.7m | $2.7m | $4.5m | $5.5m | $5.0m | $5.1m | — | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $8.9m | $7.4m | $14.4m | $15.7m | $26.7m | $50.2m | $47.5m | $43.0m | $33.8m | $15.0m | — | |
| Earnings Per Share, Basic | $4.13 | $3.38 | $5.46 | $5.76 | $7.88 | $14.28 | $15.74 | $13.73 | $14.31 | $7.98 | $6.38 | |
| Earnings Per Share, Diluted | $3.93 | $3.38 | $5.44 | $5.74 | $7.85 | $14.27 | $15.72 | $13.73 | $14.31 | — | $6.38 | |
| Weighted Average Number of Shares Outstanding, Basic | 218.4m | 237.2m | 308.0m | 318.4m | 309.4m | 306.6m | 289.8m | 283.3m | 272.0m | 257.7m | 248.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 230.7m | 237.2m | 308.6m | 318.4m | 309.4m | 306.6m | 289.8m | 283.3m | 272.0m | — | 248.3m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | $153.0m | $0 | $0 | — | — | — | — | — | — | |
| Contribution Expense | — | — | — | $19.9m | $25.0m | $59.8m | $66.4m | $73.1m | $80.2m | $82.6m | — | |
| Costs and Expenses | $9.7b | $11.3b | $18.7b | $19.8b | $19.4b | $22.1b | — | $28.3b | $29.9b | $31.5b | — | |
| Equity in earnings (losses) from unconsolidated entities | $55.2m | $49.5m | ($30.5m) | $2.5m | ($22.1m) | $49.0m | ($36.3m) | ($144.6m) | $164.1m | $78.2m | — | |
| Lennar Other gains (losses) from technology investments | — | — | — | — | — | $510.8m | ($655.1m) | ($50.2m) | $25.2m | $130.2m | — | |
| Net unrealized gains (losses) on securities available-for-sale | ($295k) | $1.3m | ($1.6m) | $1.0m | ($851k) | ($536k) | $1.5m | $2.5m | $2.6m | ($1.5m) | — | |
| Other Cost and Expense, Operating | — | — | — | — | — | — | — | — | — | $1.5b | — | |
| Total comprehensive income attributable to Lennar | $911.5m | $811.8m | $1.7b | $1.8b | $2.5b | $4.4b | $4.6b | $3.9b | $3.9b | $2.1b | — | |
| Total comprehensive income attributable to noncontrolling interests | $1.2m | ($38.7m) | $21.7m | ($6.9m) | $2.5m | $26.4m | $34.4m | $22.8m | $35.1m | $30.1m | — | |
| Total other comprehensive income (loss), net of tax | ($348k) | $1.3m | ($1.4m) | $864k | ($1.3m) | ($536k) | $3.7m | $2.5m | $2.6m | ($1.5m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.