Lennar Corp

  • Earnings Score
  • Moat Score
  • Market Cap $27.89B
  • PE 8
  • Debt -
  • Cash $2.59B
  • EV -
  • FCF $1.59B

Earnings

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Sales & Net Margins

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Earnings$3.70B
EBIT$4.95B
ROE16%
ROA14%
FCF$1.59B
Equity$22.87B
Growth Stability91%
PE7.55
PEG0.71
PB1.22
P/FCF17.52
P/S0.78
Price/Cash0.09
Net Margins7%
Op. Margins14%
Earnings CAGR26%
Sales Growth YoY4%
Sales Growth QoQ-23%
Sales CAGR16%
FCF CAGR28%
Equity CAGR19%
Earnings Stability0.87
Earnings Growth YoY-28%
Earnings Growth QoQ-53%
Earnings CAGR 5Y11%
Sales CAGR 5Y12%
FCF CAGR 5Y-1%
Equity CAGR 5Y11%
Earnings CAGR 3Y6%
Sales CAGR 3Y6%
FCF CAGR 3Y2%
Equity CAGR 3Y6%
Market Cap$27.89B
Revenue$35.76B
Dividend Yield2%
Payout Ratio15%
Assets$34.99B
Cash$2.59B
Shares Outstanding262.61M
Earnings Score95%
Moat Score91%
Shares Growth 3y-3%
Equity Growth QoQ-18%
Equity Growth YoY-15%

Assets & ROA

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Stockholders Equity & ROE

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Lennar is the second-largest public homebuilder in the United States. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups.

SEC Filings

Direct access to Lennar Corp (LEN) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

  • 2025
    • 10-Q Feb 28
  • 2024
    • 10-K Nov 30
    • 10-Q Aug 31
    • 10-Q May 31
    • 10-Q Feb 29
  • 2023
    • 10-K Nov 30
    • 10-Q Aug 31
    • 10-Q May 31
    • 10-Q Feb 28

Sector Comparison

How does Lennar Corp compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Lennar Corp compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 26%
Stability 87%
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Lennar Corp Discounted Cash Flow

Fully customizable DCF calculator online for Lennar Corp .

= $113B
012345678910TV
fcf$1.6B$2B$2.6B$3.3B$4.3B$5.5B$7B$9B$12B$15B$19B$189B
DCF$1.9B$2.2B$2.5B$2.9B$3.4B$4B$4.6B$5.4B$6.3B$7.3B$73B
Value$113B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years11/201511/201611/201711/201811/201911/202011/202111/202211/202311/2024TTM
Net Margins8%8%6%8%8%11%16%14%11%11%7%
ROA-10%8%9%9%12%18%16%13%13%14%
ROE-13%10%11%11%13%21%19%15%14%16%

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years11/201511/201611/201711/201811/201911/202011/202111/202211/202311/2024TTM
Debt over FCF----6.861.8-----
Debt over Equity----0.60.41-----
Growth Stability---100%100%100%100%100%100%91%91%

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years11/201511/201611/201711/201811/201911/202011/202111/202211/202311/2024CAGR 5Y
Revenue YoY growth-16%15%63%8%1%21%24%2%4%12%
Earnings YoY growth-14%-15%118%9%33%80%4%-15%0%11%
Equity YoY growth-21%11%84%9%13%16%15%10%5%11%
FCF YoY growth--184%105%74%-9%195%-40%30%58%-56%-1%