Lennar Historical Income Statement

LEN Stock  USD 155.70  3.82  2.52%   
Historical analysis of Lennar income statement accounts such as Other Operating Expenses of 819.8 M can show how well Lennar performed in making a profits. Evaluating Lennar income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lennar's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Lennar latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lennar is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lennar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Lennar Stock, please use our How to Invest in Lennar guide.

About Lennar Income Statement Analysis

Lennar Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Lennar shareholders. The income statement also shows Lennar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Lennar Income Statement Chart

Lennar Income Statement is one of the three primary financial statements used for reporting Lennar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Lennar revenue and expense. Lennar Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Lennar's Income Before Tax is very stable compared to the past year. As of the 18th of April 2024, Net Income is likely to grow to about 4.8 B, while Other Operating Expenses is likely to drop about 819.8 M.

Total Revenue

Total revenue comprises all receipts Lennar generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Lennar minus its cost of goods sold. It is profit before Lennar operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lennar. It is also known as Lennar overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Lennar operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lennar is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Lennar's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lennar current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lennar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Lennar Stock, please use our How to Invest in Lennar guide.At this time, Lennar's Income Before Tax is very stable compared to the past year. As of the 18th of April 2024, Net Income is likely to grow to about 4.8 B, while Other Operating Expenses is likely to drop about 819.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit7.2B34.0B39.1B41.0B
Total Revenue33.7B34.2B39.4B41.3B

Lennar income statement Correlations

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0.590.810.160.970.960.960.340.96-0.420.960.940.960.17-0.03-0.55-0.60.87-0.690.85-0.910.88-0.60.6
0.340.81-0.450.770.780.77-0.170.74-0.510.740.730.77-0.44-0.18-0.37-0.790.52-0.780.63-0.60.81-0.790.79
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0.730.970.770.160.990.990.460.99-0.490.990.960.860.18-0.22-0.59-0.570.87-0.720.92-0.90.8-0.570.56
0.670.960.780.150.991.00.461.0-0.410.990.960.870.17-0.22-0.59-0.570.87-0.660.92-0.90.81-0.570.57
0.670.960.770.160.991.00.471.0-0.40.990.970.870.18-0.22-0.59-0.570.88-0.660.92-0.910.81-0.570.56
0.610.34-0.170.770.460.460.470.49-0.040.510.430.230.8-0.27-0.320.20.55-0.030.54-0.590.150.2-0.2
0.680.960.740.210.991.01.00.49-0.371.00.970.870.22-0.17-0.57-0.540.9-0.630.93-0.910.81-0.540.53
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0.690.960.740.210.990.990.990.511.0-0.370.940.860.22-0.19-0.59-0.540.89-0.630.93-0.920.81-0.540.53
0.610.940.730.210.960.960.970.430.97-0.330.940.860.22-0.12-0.5-0.530.88-0.590.88-0.860.77-0.530.52
0.380.960.770.180.860.870.870.230.87-0.30.860.860.170.12-0.52-0.590.81-0.570.71-0.860.89-0.590.58
0.340.17-0.441.00.180.170.180.80.220.210.220.220.170.25-0.220.410.450.260.23-0.37-0.010.41-0.41
-0.29-0.03-0.180.31-0.22-0.22-0.22-0.27-0.170.38-0.19-0.120.120.250.220.150.070.28-0.260.120.040.15-0.14
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0.710.850.630.210.920.920.920.540.93-0.340.930.880.710.23-0.26-0.55-0.30.92-0.59-0.850.77-0.30.47
-0.56-0.91-0.6-0.36-0.9-0.9-0.91-0.59-0.910.3-0.92-0.86-0.86-0.370.120.490.36-0.860.52-0.85-0.830.36-0.35
0.350.880.81-0.010.80.810.810.150.81-0.330.810.770.89-0.010.04-0.33-0.490.78-0.630.77-0.83-0.490.67
-0.21-0.6-0.790.41-0.57-0.57-0.570.2-0.540.38-0.54-0.53-0.590.410.150.221.0-0.190.53-0.30.36-0.49-0.8
0.210.60.79-0.410.560.570.56-0.20.53-0.390.530.520.58-0.41-0.14-0.23-0.80.37-0.550.47-0.350.67-0.8
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Lennar Account Relationship Matchups

Lennar income statement Accounts

201920202021202220232024 (projected)
Interest Expense22.4M213.9M1.0B257.9M296.6M311.4M
Total Revenue22.5B27.1B33.7B34.2B39.4B41.3B
Gross Profit3.5B5.5B7.2B34.0B39.1B41.0B
Other Operating Expenses19.4B22.0B26.9B750.4M862.9M819.8M
Operating Income3.1B5.1B6.7B5.5B6.4B6.7B
Ebit3.1B5.8B6.0B5.5B6.4B6.7B
Ebitda3.2B5.9B6.1B5.5B6.4B6.7B
Total Operating Expenses19.4B22.1B26.9B501.3M576.5M547.7M
Income Before Tax3.1B5.8B6.0B5.2B6.0B6.3B
Total Other Income Expense Net8.1M680.8M(706.7M)(325.4M)(374.2M)(355.5M)
Net Income2.5B4.4B4.6B3.9B4.5B4.8B
Income Tax Expense656.2M1.4B1.4B1.2B1.4B1.5B
Depreciation And Amortization94.6M86.0M87.1M110.2M126.7M133.0M
Cost Of Revenue19.0B21.6B26.5B249.0M286.4M272.1M
Selling General Administrative358.4M398.4M414.5M501.3M576.5M511.8M
Net Income Applicable To Common Shares2.5B4.4B4.6B3.9B4.5B4.8B
Minority Interest2.5M(26.4M)(34.4M)(22.8M)(20.5M)(19.5M)
Net Income From Continuing Ops2.5B4.5B4.7B4.0B4.6B2.5B
Non Operating Income Net Other(37.8M)(90K)732.8M(1.3B)(1.2B)(1.1B)
Tax Provision656.2M1.4B1.4B1.2B1.4B854.2M
Reconciled Depreciation94.6M86.0M87.1M110.3M126.8M98.6M

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When determining whether Lennar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lennar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lennar Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lennar Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lennar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Lennar Stock, please use our How to Invest in Lennar guide.
Note that the Lennar information on this page should be used as a complementary analysis to other Lennar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is Lennar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lennar. If investors know Lennar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lennar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.249
Dividend Share
1.625
Earnings Share
14.24
Revenue Per Share
124.738
Quarterly Revenue Growth
0.127
The market value of Lennar is measured differently than its book value, which is the value of Lennar that is recorded on the company's balance sheet. Investors also form their own opinion of Lennar's value that differs from its market value or its book value, called intrinsic value, which is Lennar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lennar's market value can be influenced by many factors that don't directly affect Lennar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lennar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lennar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lennar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.