Lennar Corp Brazilian Depositary Receipt (L1EN34) Price & News

(USD)	Aug 2024	Y/Y change
Revenue	9.42B	7.86%
Operating expense	765.39M	9.83%
Net income	1.16B	4.84%
Net profit margin	12.35	-2.76%
Earnings per share	3.90	-0.26%
EBITDA	1.34B	-12.41%
Effective tax rate	22.66%	—

Balance Sheet

Total assets

Total liabilities

(USD)	Aug 2024	Y/Y change
Cash and short-term investments	7.08B	80.42%
Total assets	39.74B	6.15%
Total liabilities	12.18B	4.58%
Total equity	27.56B	—
Shares outstanding	271.24M	—
Price to book	10.32	—
Return on assets	8.34%	—
Return on capital	10.47%	—

Cash Flow

Net change in cash

(USD)	Aug 2024	Y/Y change
Net income	1.16B	4.84%
Cash from operations	819.25M	-13.93%
Cash from investing	97.96M	384.83%
Cash from financing	-527.45M	52.45%
Net change in cash	389.76M	303.20%
Free cash flow	64.67M	-75.84%

About

Lennar Corporation is a home construction company based in Miami-Dade County, Florida. As of 2023, it is the second-largest home construction company in the United States based on the number of homes sold. Lennar has investments in multifamily and single family residential rental properties, luxury development, property technology with LenX, and mortgage lending from Lennar Mortgage. With total annual revenue of over $34 billion in 2023, Lennar operates in 26 states and 75 markets across the nation. In 2023, the company was ranked 119th on the Fortune 500. Lennar stock was added to the New York Stock Exchange in 1982 and as of 2024 has a market cap of around $47 billion. The name Lennar is a portmanteau of the first names of two of the company's founders, Leonard Miller and Arnold Rosen. Wikipedia

CEO

Founded

1954

Headquarters

Miami, Florida
United States

Website

lennar.com

Employees

12,284