Lennar Corporation (LEN-B) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	32.7B	34.2B	35.4B	34.2B	33.7B
Cost of Revenue	30.1B	30.8B	29.9B	28.3B	26.5B
Gross Profit	2.6B	3.4B	5.5B	5.9B	7.2B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	627.3M	636.7M	649.0M	501.3M	414.5M
General & Admin Expense	627.3M	636.7M	649.0M	501.3M	414.5M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	5.9M	—	—	—	—
Total Operating Expenses	633.2M	636.7M	649.0M	501.3M	414.5M
Cost and Expenses	30.8B	31.4B	30.6B	28.8B	26.9B
Operating Income (EBIT)	2.0B	2.8B	4.8B	5.4B	6.8B
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	55.3M	13.9M	18.8M	15.4M	19.1M
Net Interest Income	(55.3M)	(13.9M)	(18.8M)	(15.4M)	(19.1M)
Other Non-Op Income/Expense	219.7M	63.5M	334.9M	(237.3M)	(773.1M)
Non-Operating Income (excl Interest)	(275.0M)	(77.3M)	(353.7M)	221.9M	754.0M
EBT (Pre-Tax Income)	2.2B	2.8B	5.2B	5.2B	6.0B
Income Tax Expense	550.1M	705.6M	1.2B	1.2B	1.4B
Bottom Line
Net Income	1.6B	2.1B	3.9B	3.9B	4.6B
Earnings from Cont. Ops	1.6B	2.1B	4.0B	4.0B	4.6B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	1.6B	2.1B	3.9B	3.9B	4.6B
Per Share
Basic EPS	$6.39	$7.98	$14.31	$13.73	$15.74
Diluted EPS	$6.39	$7.98	$14.31	$13.73	$15.72
Revenue Per Share	$134.94	$132.64	$130.29	$120.83	$116.18
Shares
Basic Shares Outstanding	242.6M	257.7M	272.0M	283.3M	289.8M
Diluted Shares Outstanding	242.6M	257.7M	272.0M	283.3M	289.8M
Profitability Metrics
EBITDA	2.3B	3.0B	5.3B	5.3B	6.1B
D&A	102.5M	134.3M	115.5M	110.2M	87.1M
EBIT	2.2B	2.8B	5.2B	5.2B	6.0B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of May 1, 2026