Lennar Corporation Class A (LEN) Financial Statements
Historical financial data — 40 statements covering FY2016–FY2025
Lennar is the second-largest public homebuilder in the United States, behind D.R. Horton, operating in 26 states. The company's homebuilding operations target first-time, move-up, and active adult...
Lennar Corporation Class A's revenue decreased 3.5% year over year, from $35.44B to $34.19B.
Net income decreased 47.2% over the same period, from $3.93B to $2.08B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 212% in total.
Total debt increased by 160.2% to $5.87B.
The debt-to-equity ratio stands at 0.27, indicating a conservative leverage profile.
Operating cash flow declined 91.0% to $216.8M.
Lennar Corporation Class A maintains a moderate net profit margin of 6.1%.
Recent Financial Statements
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2023 | $23.27B+277.9% | $2.58B | $23.25B | $3.42B | $2.59B | $37.44B | $7.80B | $25.66B |
| Q1 FY2024 | $7.31B-68.6% | $719.3M | $7.30B | $930.8M | $367.9M | $38.95B | $7.22B | $26.65B |
| Q2 FY2024 | $16.08B+119.9% | $1.67B | $16.04B | $2.19B | $609.6M | $38.67B | $5.89B | $26.88B |
| Q3 FY2024 | $25.49B+58.6% | $2.84B | $25.44B | $3.73B | $1.43B | $39.74B | $6.07B | $27.41B |
| Q1 FY2025 | $7.63B-70.1% | $519.5M | $7.61B | $698.2M | $-289.0M | $34.99B | $5.82B | $22.73B |
| Q2 FY2025 | $16.01B+109.8% | $997.0M | $15.96B | $1.34B | $-1.38B | $34.37B | $7.00B | $22.58B |
| Q3 FY2025 | $24.82B+55.0% | $1.59B | $24.72B | $2.13B | $-1.54B | $34.88B | $8.91B | $22.57B |
| Q1 FY2026 | $6.62B-73.3% | $229.4M | $6.58B | $302.5M | $-433.5M | $33.21B | $9.32B | $21.88B |
Balance Sheet Summary (Latest Period)
Total Assets
$34.43B
Total Liabilities
$12.29B
Total Equity
$21.96B
Cash & Equivalents
$3.76B
Total Debt
$5.87B
Current Assets
N/A
Current Liabilities
N/A
Retained Earnings
$22.47B