Lennar Corporation (LEN) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Lennar Corporation (LEN) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

LEN Income Statement

Lennar Corporation (LEN) annual income statement — 30-year revenue, gross profit & net income history

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Sales/Revenue	8.05B	7.94B	6.62B	9.37B	8.81B	8.38B	7.63B	9.95B	9.42B	8.77B	7.31B	10.97B	8.73B	8.05B	6.49B	10.17B	8.93B	8.36B	6.2B	8.43B
Revenue Growth %	-8.67%	-5.22%	-13.26%	-5.82%	-6.43%	-4.43%	4.36%	-9.31%	7.86%	8.96%	12.67%	7.8%	-2.29%	-3.75%	4.63%	20.64%	28.71%	29.99%	16.49%	23.55%
Cost of Goods Sold	6.71B	7.45B	6.23B	8.54B	7.92B	7.57B	6.77B	8.39B	7.94B	7.37B	6.24B	8.23B	7.13B	6.71B	5.53B	8.23B	6.86B	6.38B	5B	6.56B
COGS % of Revenue	83.44%	93.82%	94.1%	91.15%	89.87%	90.4%	88.72%	84.36%	84.36%	84.08%	85.3%	75.07%	81.63%	83.41%	85.27%	80.87%	76.77%	76.38%	80.55%	77.75%
Gross Profit	1.33B	490.47M	390.7M	829.05M	892.6M	804.43M	861.05M	1.56B	1.47B	1.4B	1.08B	2.73B	1.6B	1.33B	956.04M	1.95B	2.08B	1.97B	1.21B	1.88B
Gross Margin %	16.56%	6.18%	5.9%	8.85%	10.13%	9.6%	11.28%	15.64%	15.64%	15.92%	14.7%	24.93%	18.37%	16.59%	14.73%	19.13%	23.23%	23.62%	19.45%	22.25%
Gross Profit Growth %	49.29%	-39.03%	-54.63%	-46.72%	-39.37%	-42.35%	-19.92%	-43.1%	-8.18%	4.55%	12.47%	40.52%	-22.75%	-32.39%	-20.76%	3.72%	44.37%	58.09%	23.87%	51.04%
Operating Expenses	872.76M	142.05M	157.64M	162.09M	171.4M	155.85M	147.38M	170.01M	164.67M	156.98M	157.32M	824.11M	114.14M	124.75M	126.11M	80.07M	115.56M	105.21M	113.66M	102.19M
OpEx % of Revenue	10.85%	1.79%	2.38%	1.73%	1.95%	1.86%	1.93%	1.71%	1.75%	1.79%	2.15%	7.51%	1.31%	1.55%	1.94%	0.79%	1.29%	1.26%	1.83%	1.21%
Selling, General & Admin	851.92M	136.15M	157.64M	162.09M	171.4M	155.85M	147.38M	170.01M	164.67M	156.98M	157.32M	824.11M	114.14M	124.75M	126.11M	80.07M	115.56M	105.21M	113.66M	102.19M
SG&A % of Revenue	10.59%	1.71%	2.38%	1.73%	1.95%	1.86%	1.93%	1.71%	1.75%	1.79%	2.15%	7.51%	1.31%	1.55%	1.94%	0.79%	1.29%	1.26%	1.83%	1.21%
Research & Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1000K	1000K	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	459.81M	348.43M	233.06M	666.96M	721.2M	648.58M	713.67M	1.39B	1.31B	1.24B	917.89M	1.91B	1.49B	1.21B	829.93M	1.87B	1.96B	1.87B	1.09B	1.77B
Operating Margin %	5.71%	4.39%	3.52%	7.12%	8.19%	7.74%	9.35%	13.94%	13.89%	14.13%	12.55%	17.42%	17.06%	15.04%	12.79%	18.34%	21.94%	22.36%	17.62%	21.04%
Operating Income Growth %	-36.24%	-46.28%	-67.34%	-51.88%	-44.84%	-47.63%	-22.25%	-27.45%	-12.2%	2.35%	10.6%	2.38%	-24.02%	-35.25%	-24.06%	5.18%	45.98%	61.39%	26.57%	52.46%
EBITDA	446.25M	383.75M	266.45M	701.94M	755.37M	682.4M	745M	1.42B	1.34B	1.27B	945.03M	1.94B	1.53B	1.23B	850.24M	1.9B	1.98B	1.89B	1.11B	1.79B
EBITDA Margin %	5.55%	4.83%	4.03%	7.49%	8.57%	8.15%	9.76%	14.24%	14.2%	14.45%	12.92%	17.68%	17.49%	15.33%	13.1%	18.63%	22.14%	22.59%	17.94%	21.28%
EBITDA Growth %	-40.92%	-43.77%	-64.23%	-50.45%	-43.5%	-46.14%	-21.17%	-26.97%	-12.41%	2.7%	11.15%	2.34%	-22.85%	-34.66%	-23.61%	5.62%	45.07%	59.97%	25.65%	50.85%
D&A (Non-Cash Add-back)	0	35.32M	33.39M	34.98M	34.17M	33.83M	31.33M	30.41M	29.37M	28.61M	27.14M	29.02M	37.11M	23.73M	20.3M	29.15M	18.4M	19.43M	20.09M	20.11M
EBIT	446.25M	468.47M	302.45M	683.04M	790.7M	641.88M	698.24M	1.46B	1.54B	1.26B	930.79M	1.96B	1.48B	1.16B	784.45M	1.76B	1.82B	1.75B	676.74M	1.58B
Net Interest Income	-59.17M	-55.28M	0	0	0	0	0	-4.47M	0	0	0	0	0	0	0	0	0	0	0	0
Interest Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expense	59.17M	55.28M	0	0	0	0	0	4.47M	0	0	0	0	0	0	0	0	0	0	0	0
Other Income/Expense	-72.73M	64.76M	69.39M	16.08M	69.5M	-6.7M	-15.44M	71.83M	227.56M	22.66M	12.89M	-126.46M	-14.11M	-51.29M	-45.48M	-107.34M	-135.69M	-113.88M	-416.17M	-193.39M
Pretax Income	387.08M	413.19M	302.45M	683.04M	790.7M	641.88M	698.24M	1.46B	1.54B	1.26B	930.79M	1.78B	1.48B	1.16B	784.45M	1.76B	1.82B	1.75B	676.74M	1.58B
Pretax Margin %	4.81%	5.2%	4.57%	7.29%	8.97%	7.66%	9.15%	14.66%	16.3%	14.39%	12.73%	16.27%	16.9%	14.4%	12.09%	17.29%	20.42%	20.99%	10.91%	18.74%
Income Tax	101.59M	105.06M	69.09M	185.09M	190.89M	160.06M	169.53M	358.06M	347.86M	300.47M	210.87M	416.78M	358.21M	280.88M	185.15M	414.79M	351.58M	432.28M	167.42M	387.15M
Effective Tax Rate %	26.25%	25.43%	22.84%	27.1%	24.14%	24.94%	24.28%	24.56%	22.66%	23.83%	22.65%	23.36%	24.28%	24.24%	23.6%	23.58%	19.27%	24.63%	24.74%	24.49%
Net Income	283.88M	308.13M	229.38M	490.24M	590.97M	477.45M	519.53M	1.1B	1.16B	954.31M	719.33M	1.36B	1.11B	871.69M	596.53M	1.32B	1.47B	1.32B	503.58M	1.19B
Net Margin %	3.53%	3.88%	3.47%	5.23%	6.71%	5.7%	6.81%	11.02%	12.35%	10.89%	9.84%	12.41%	12.7%	10.84%	9.19%	13%	16.42%	15.8%	8.12%	14.12%
Net Income Growth %	-51.96%	-35.46%	-55.85%	-55.28%	-49.17%	-49.97%	-27.78%	-19.47%	4.84%	9.48%	20.59%	2.94%	-24.42%	-34%	18.46%	11.08%	4.3%	58.87%	-49.71%	34.86%
Net Income (Continuing)	285.49M	308.13M	233.36M	497.96M	599.81M	481.82M	528.71M	1.1B	1.19B	960.59M	719.92M	1.37B	1.12B	877.74M	599.31M	1.34B	1.47B	1.32B	509.31M	1.19B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	137.46M	145.09M	152.89M	181.19M	181.24M	152.8M	139.31M	151.09M	145.19M	137.88M	130.09M	121.3M	131.92M	145.97M	137.03M	139.87M	150.26M	191.52M	168.37M	179.86M
EPS (Diluted)	1.19	1.23	0.94	1.93	2.29	1.81	1.96	4.06	4.26	3.45	2.57	4.82	3.87	3.01	2.06	4.55	5.03	4.49	1.69	3.91
EPS Growth %	-48.03%	-32.04%	-52.04%	-52.46%	-46.24%	-47.54%	-23.74%	-15.77%	10.08%	14.62%	24.76%	5.93%	-23.06%	-32.96%	21.89%	16.37%	11.28%	69.43%	-47.19%	38.65%
EPS (Basic)	1.19	1.23	0.94	1.93	2.29	1.81	1.96	4.06	4.26	3.45	2.57	4.82	3.87	3.01	2.06	4.56	5.04	4.50	1.70	3.91
Diluted Shares Outstanding	237.76M	242.61M	244.44M	252.36M	255.6M	261.51M	262.73M	267.26M	270.16M	273.7M	276.95M	279.44M	282.85M	284.91M	286.07M	287.36M	288.11M	289.89M	293.93M	301.24M
Basic Shares Outstanding	237.76M	242.61M	244.44M	252.36M	255.6M	261.51M	262.73M	267.26M	270.16M	273.7M	276.95M	279.44M	282.85M	284.91M	286.07M	287.36M	288.11M	289.89M	293.93M	301.24M
Dividend Payout Ratio	42.06%	39.94%	53.83%	25.82%	21.85%	27.98%	25.34%	12.28%	11.68%	14.56%	19.38%	7.73%	9.66%	12.66%	18.09%	8.19%	7.41%	8.39%	21.87%	6.37%