Lennar Corp Class A (LNN) Stock Price & News

(USD)	May 2024	Y/Y change
Revenue	8.77B	8.95%
Operating expense	786.58M	23.78%
Net income	954.31M	9.48%
Net profit margin	10.89	0.46%
Earnings per share	3.38	14.97%
EBITDA	1.27B	2.70%
Effective tax rate	23.83%	—

Balance Sheet

Total assets

Total liabilities

(USD)	May 2024	Y/Y change
Cash and short-term investments	6.38B	58.42%
Total assets	38.67B	4.91%
Total liabilities	11.65B	-0.38%
Total equity	27.02B	—
Shares outstanding	274.60M	—
Price to book	1.74	—
Return on assets	7.98%	—
Return on capital	9.97%	—

Cash Flow

Net change in cash

(USD)	May 2024	Y/Y change
Net income	954.31M	9.48%
Cash from operations	241.76M	-63.40%
Cash from investing	-126.87M	-186.92%
Cash from financing	-1.45B	-153.23%
Net change in cash	-1.34B	-3,314.63%
Free cash flow	950.84M	24.93%

About

Lennar Corporation is a home construction company based in Miami-Dade County, Florida. As of 2023, it is the second-largest home construction company in the United States based on the number of homes sold. Lennar has investments in multifamily and single family residential rental properties, luxury development, property technology with LenX, and mortgage lending from Lennar Mortgage. With total annual revenue of over $34 billion in 2023, Lennar operates in 26 states and 75 markets across the nation. In 2023, the company was ranked 119th on the Fortune 500. Lennar stock was added to the New York Stock Exchange in 1982 and as of 2024 has a market cap of around $47 billion. The name Lennar is a portmanteau of the first names of two of the company's founders, Leonard Miller and Arnold Rosen. Wikipedia

CEO

Founded

1954

Headquarters

Miami, Florida
United States

Website

lennar.com

Employees

12,284