LEN Q3 2017 Earnings — Lennar Corporation Revenue & Financial Results | Market Cap Arena

LENLennar Corporation

$25B

Q3 2017 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$3.3B+15.2% YoY

Gross Profit

$718M22.0% margin

Operating Income

$389M11.9% margin

Net Income

$249M7.6% margin

EPS (Diluted)

$1.04

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$487M

Free Cash Flow

$467M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$16.9B

Total Liabilities

$9.3B

Stockholders' Equity

$7.6B

Cash & Equivalents

$852M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$2.8B	+15.2%
Gross Profit	$718M	$621M	+15.6%
Operating Income	$389M	$332M	+17.4%
Net Income	$249M	$236M	+5.6%

Revenue Segments

Homebuilding West

$824M46%

Homebuilding Central

$603M33%

Lennar Financial Services

$215M12%

Lennar Multifamily

$103M6%

Rialto Investments

$58M3%