LEN Q1 2017 Earnings — Lennar Corporation Revenue & Financial Results | Market Cap Arena

LENLennar Corporation

$25B

Q1 2017 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$2.3B+17.7% YoY

Gross Profit

$475M20.2% margin

Operating Income

$221M9.4% margin

Net Income

$38M1.6% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

-30.6%

Cash Flow

Operating Cash Flow

$79M

Free Cash Flow

$54M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$16.2B

Total Liabilities

$9.0B

Stockholders' Equity

$7.1B

Cash & Equivalents

$939M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$2.0B	+17.7%
Gross Profit	$475M	$227M	+109.6%
Operating Income	$221M	$179M	+23.6%
Net Income	$38M	$144M	-73.6%

Revenue Segments

Homebuilding West

$553M40%

Homebuilding Central

$516M37%

Lennar Financial Services

$148M11%

Lennar Multifamily

$89M6%

Rialto Investments

$82M6%