XNYSLENb
Market cap36bUSD
Dec 24, Last price
134.17USD
1D
0.27%
1Q
-19.96%
Jan 2017
288.90%
Name
Lennar Corp
Chart & Performance
Profile
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑11 | 2023‑11 | 2022‑11 | 2021‑11 | 2020‑11 | 2019‑11 | 2018‑11 | 2017‑11 | 2016‑11 | 2015‑11 | |
Income | ||||||||||
Revenues | 35,441,452 3.53% | 34,233,366 1.67% | 33,671,010 24.11% | |||||||
Cost of revenue | 648,986 | 28,793,720 | 25,575,797 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 34,792,466 | 5,439,646 | 8,095,213 | |||||||
NOPBT Margin | 98.17% | 15.89% | 24.04% | |||||||
Operating Taxes | (1,217,253) | 1,241,013 | 1,366,065 | |||||||
Tax Rate | 22.81% | 16.87% | ||||||||
NOPAT | 36,009,719 | 4,198,633 | 6,729,148 | |||||||
Net income | 3,932,533 -0.15% | 3,938,511 -14.64% | 4,614,125 4.15% | |||||||
Dividends | (430,560) | (438,038) | ||||||||
Dividend yield | 1.19% | 1.72% | ||||||||
Proceeds from repurchase of equity | (1,182,711) | (1,039,309) | ||||||||
BB yield | 3.26% | 4.08% | ||||||||
Debt | ||||||||||
Debt current | 487,156 | 16,749 | ||||||||
Long-term debt | 2,607,714 | 4,047,294 | ||||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 8,447,493 | 7,645,740 | ||||||||
Net debt | (5,930,967) | (4,873,345) | ||||||||
Cash flow | ||||||||||
Cash from operating activities | 5,179,738 | 3,265,668 | ||||||||
CAPEX | (99,799) | (57,214) | ||||||||
Cash from investing activities | (176,981) | (128,302) | ||||||||
Cash from financing activities | (3,247,589) | (1,277,279) | ||||||||
FCF | 54,986,948 | 7,254,911 | 5,685,417 | |||||||
Balance | ||||||||||
Cash | 6,512,450 | 6,373,067 | ||||||||
Long term investments | 2,513,387 | 2,564,321 | ||||||||
Excess cash | 7,314,169 | 7,253,838 | ||||||||
Stockholders' equity | 22,525,057 | 19,032,960 | ||||||||
Invested Capital | 25,681,232 | 28,696,312 | ||||||||
ROIC | 15.44% | 24.12% | ||||||||
ROCE | 16.49% | 22.52% | ||||||||
EV | ||||||||||
Common stock shares outstanding | 272,019 | 283,319 | 289,824 | |||||||
Price | 174.39 36.33% | 127.92 45.64% | 87.83 -16.39% | |||||||
Market cap | 47,437,393 30.89% | 36,242,166 42.38% | 25,455,242 -20.97% | |||||||
EV | 47,437,393 | 30,432,501 | 20,721,764 | |||||||
EBITDA | 34,792,466 | 5,549,810 | 8,182,288 | |||||||
EV/EBITDA | 1.36 | 5.48 | 2.53 | |||||||
Interest | 179,992 | 257,893 | 1,478,648 | |||||||
Interest/NOPBT | 0.52% | 4.74% | 18.27% |