LEN Q2 2017 Earnings — Lennar Corporation Revenue & Financial Results | Market Cap Arena

LENLennar Corporation

$25B

Q2 2017 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$3.3B+18.5% YoY

Gross Profit

$660M20.3% margin

Operating Income

$333M10.2% margin

Net Income

$214M6.6% margin

EPS (Diluted)

$0.89

QoQ Revenue Growth

+38.6%

Cash Flow

Operating Cash Flow

-$239M

Free Cash Flow

-$260M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$16.8B

Total Liabilities

$9.3B

Stockholders' Equity

$7.3B

Cash & Equivalents

$997M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$2.7B	+18.5%
Gross Profit	$660M	$378M	+74.4%
Operating Income	$333M	$322M	+3.1%
Net Income	$214M	$218M	-2.2%

Revenue Segments

Homebuilding West

$770M42%

Homebuilding Central

$682M37%

Lennar Financial Services

$208M11%

Lennar Multifamily

$100M5%

Rialto Investments

$68M4%