LEN Q3 2018 Earnings — Lennar Corporation Revenue & Financial Results | Market Cap Arena

LENLennar Corporation

$25B

Q3 2018 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$5.7B+73.6% YoY

Gross Profit

$1.1B19.9% margin

Operating Income

$586M10.3% margin

Net Income

$453M8.0% margin

EPS (Diluted)

$1.37

QoQ Revenue Growth

+4.3%

Cash Flow

Operating Cash Flow

$714M

Free Cash Flow

$692M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$28.3B

Total Liabilities

$14.2B

Stockholders' Equity

$14.0B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.7B	$3.3B	+73.6%
Gross Profit	$1.1B	$718M	+57.3%
Operating Income	$586M	$389M	+50.4%
Net Income	$453M	$249M	+81.9%

Revenue Segments

Homebuilding West

$1.5B48%

Homebuilding Central

$1.2B39%

Lennar Financial Services

$236M8%

Lennar Multifamily

$101M3%

Rialto Investments

$49M2%