LEN Q1 2018 Earnings — Lennar Corporation Revenue & Financial Results | Market Cap Arena

LENLennar Corporation

$25B

Q1 2018 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$3.0B+27.5% YoY

Gross Profit

$551M18.4% margin

Operating Income

$226M7.6% margin

Net Income

$136M4.6% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-20.9%

Cash Flow

Operating Cash Flow

-$143M

Free Cash Flow

-$184M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$27.9B

Total Liabilities

$14.8B

Stockholders' Equity

$13.1B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$2.3B	+27.5%
Gross Profit	$551M	$475M	+16.1%
Operating Income	$226M	$221M	+2.3%
Net Income	$136M	$38M	+257.7%

Revenue Segments

Homebuilding West

$780M46%

Homebuilding Central

$612M36%

Lennar Financial Services

$171M10%

Lennar Multifamily

$93M5%

Rialto Investments

$54M3%