LEN Q4 2020 Earnings — Lennar Corporation Revenue & Financial Results | Market Cap Arena

LENLennar Corporation

$26B

Q4 2020 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$6.8B-2.2% YoY

Gross Profit

$1.7B25.1% margin

Operating Income

$1.1B16.8% margin

Net Income

$883M12.9% margin

EPS (Diluted)

$2.82

QoQ Revenue Growth

+16.2%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.3B

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$29.9B

Total Liabilities

$11.8B

Stockholders' Equity

$18.0B

Cash & Equivalents

$2.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.8B	$7.0B	-2.2%
Gross Profit	$1.7B	$1.5B	+15.7%
Operating Income	$1.1B	$898M	+27.5%
Net Income	$883M	$674M	+30.9%

Revenue Segments

Lennar Financial Services

$258M56%

Lennar Multifamily

$205M44%