LEN-B
Lennar Corporation
NYSE · Consumer Cyclical · Residential Construction · US
$74.71
−4.62%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 32.0B | 34.2B | 35.4B | 34.2B | 33.7B |
| Cost of Revenue | 28.9B | 30.8B | 29.9B | 28.3B | 26.5B |
| Gross Profit | 3.0B | 3.4B | 5.5B | 5.9B | 7.2B |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 1.3B | 636.7M | 649.0M | 501.3M | 414.5M |
| General & Admin Expense | 1.3B | 636.7M | 649.0M | 501.3M | 414.5M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 26.7M | — | — | — | — |
| Total Operating Expenses | 1.3B | 636.7M | 649.0M | 501.3M | 414.5M |
| Cost and Expenses | 30.3B | 31.4B | 30.6B | 28.8B | 26.9B |
| Operating Income (EBIT) | 1.7B | 2.8B | 4.8B | 5.4B | 6.8B |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 114.5M | 13.9M | 18.8M | 15.4M | 19.1M |
| Net Interest Income | (114.5M) | (13.9M) | (18.8M) | (15.4M) | (19.1M) |
| Other Non-Op Income/Expense | 77.5M | 63.5M | 334.9M | (237.3M) | (773.1M) |
| Non-Operating Income (excl Interest) | (192.0M) | (77.3M) | (353.7M) | 221.9M | 754.0M |
| EBT (Pre-Tax Income) | 1.8B | 2.8B | 5.2B | 5.2B | 6.0B |
| Income Tax Expense | 460.8M | 705.6M | 1.2B | 1.2B | 1.4B |
| Bottom Line | |||||
| Net Income | 1.3B | 2.1B | 3.9B | 3.9B | 4.6B |
| Earnings from Cont. Ops | 1.3B | 2.1B | 4.0B | 4.0B | 4.6B |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 1.3B | 2.1B | 3.9B | 3.9B | 4.6B |
| Per Share | |||||
| Basic EPS | $5.29 | $7.98 | $14.31 | $13.73 | $15.74 |
| Diluted EPS | $5.29 | $7.98 | $14.31 | $13.73 | $15.72 |
| Revenue Per Share | $134.48 | $132.64 | $130.29 | $120.83 | $116.18 |
| Shares | |||||
| Basic Shares Outstanding | 237.8M | 257.7M | 272.0M | 283.3M | 289.8M |
| Diluted Shares Outstanding | 237.8M | 257.7M | 272.0M | 283.3M | 289.8M |
| Profitability Metrics | |||||
| EBITDA | 2.0B | 3.0B | 5.3B | 5.3B | 6.1B |
| D&A | 68.4M | 134.3M | 115.5M | 110.2M | 87.1M |
| EBIT | 1.9B | 2.8B | 5.2B | 5.2B | 6.0B |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Aug 1, 2026