Lennar Corporation (LEN)

Lennar Income Statement

Financials in millions USD. Fiscal year is December - November.

Year	2023	2022	2021	2020	2019
Revenue	34,233	33,671	27,131	22,489	22,260
Revenue Growth (YoY)	1.67%	24.11%	20.64%	1.03%	8.21%
Cost of Revenue	28,292	26,469	21,594	19,015	19,457
Gross Profit	5,941	7,202	5,537	3,474	2,802
Selling, General & Admin	501.34	414.5	398.38	333.45	321.19
Other Operating Expenses	73.09	66.4	59.83	24.97	19.93
Operating Expenses	574.43	480.9	458.21	358.42	341.11
Operating Income	5,367	6,721	5,078	3,116	2,461
Other Expense / Income	187.04	741.06	-714.19	-5.58	19.96
Pretax Income	5,180	5,980	5,793	3,121	2,441
Income Tax	1,241	1,366	1,363	656.24	592.17
Net Income	3,939	4,614	4,430	2,465	1,849
Net Income Growth	-14.64%	4.15%	79.72%	33.31%	9.04%
Shares Outstanding (Basic)	284	291	309	313	318
Shares Change	-2.34%	-5.92%	-1.04%	-1.54%	-3.83%
EPS (Basic)	13.73	15.74	14.28	7.88	5.76
EPS (Diluted)	13.73	15.72	14.27	7.85	5.74
EPS Growth	-12.66%	10.16%	81.78%	36.76%	5.51%
Free Cash Flow	5,080	3,208	2,468	4,152	1,475
Free Cash Flow Per Share	17.86	11.02	7.97	13.28	4.64
Dividend Per Share	1.500	1.500	1.000	0.625	0.160
Dividend Growth	0%	50.00%	60.00%	290.63%	0%
Gross Margin	17.35%	21.39%	20.41%	15.45%	12.59%
Operating Margin	15.68%	19.96%	18.72%	13.85%	11.06%
Profit Margin	11.50%	13.70%	16.33%	10.96%	8.31%
Free Cash Flow Margin	14.84%	9.53%	9.10%	18.46%	6.63%
Effective Tax Rate	23.96%	22.84%	23.52%	21.02%	24.26%
EBITDA	5,290	6,067	5,879	3,216	2,533
EBITDA Margin	15.45%	18.02%	21.67%	14.30%	11.38%
Depreciation & Amortization	110.16	87.08	85.95	94.55	92.2
EBIT	5,180	5,980	5,793	3,121	2,441
EBIT Margin	15.13%	17.76%	21.35%	13.88%	10.97%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).