LEN Q1 2019 Earnings — Lennar Corporation Revenue & Financial Results | Market Cap Arena

LENLennar Corporation

$25B

Q1 2019 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$3.9B+29.3% YoY

Gross Profit

$747M19.3% margin

Operating Income

$324M8.4% margin

Net Income

$240M6.2% margin

EPS (Diluted)

$0.74

QoQ Revenue Growth

-40.1%

Cash Flow

Operating Cash Flow

-$524M

Free Cash Flow

-$552M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$28.7B

Total Liabilities

$13.9B

Stockholders' Equity

$14.8B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.9B	$3.0B	+29.3%
Gross Profit	$747M	$551M	+35.5%
Operating Income	$324M	$226M	+43.4%
Net Income	$240M	$136M	+76.1%

Revenue Segments

Homebuilding West

$1.5B58%

Homebuilding Central

$435M16%

Homebuilding Texas

$419M16%

Lennar Financial Services

$143M5%

Lennar Multifamily

$97M4%

Other Segments

$4M0%