LEN Q4 2019 Earnings — Lennar Corporation Revenue & Financial Results | Market Cap Arena

LENLennar Corporation

$25B

Q4 2019 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$7.0B+8.0% YoY

Gross Profit

$1.5B21.2% margin

Operating Income

$898M12.9% margin

Net Income

$674M9.7% margin

EPS (Diluted)

$2.13

QoQ Revenue Growth

+19.2%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.2B

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$29.4B

Total Liabilities

$13.3B

Stockholders' Equity

$15.9B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.0B	$6.5B	+8.0%
Gross Profit	$1.5B	$1.4B	+9.4%
Operating Income	$898M	$789M	+13.8%
Net Income	$674M	$796M	-15.3%

Revenue Segments

Lennar Financial Services

$253M59%

Lennar Multifamily

$176M41%