LEN Q4 2021 Earnings — Lennar Corporation Revenue & Financial Results | Market Cap Arena

LENLennar Corporation

$26B

Q4 2021 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$8.4B+23.5% YoY

Gross Profit

$2.4B27.9% margin

Operating Income

$1.8B20.8% margin

Net Income

$1.2B14.1% margin

EPS (Diluted)

$3.91

QoQ Revenue Growth

+21.6%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.2B

Stock-Based Comp.

$29M

Balance Sheet

Total Assets

$33.2B

Total Liabilities

$12.2B

Stockholders' Equity

$20.8B

Cash & Equivalents

$2.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.4B	$6.8B	+23.5%
Gross Profit	$2.4B	$1.7B	+37.0%
Operating Income	$1.8B	$1.1B	+53.1%
Net Income	$1.2B	$883M	+34.9%

Revenue Segments

Lennar Homebuilding East, Central, West, Houston, and Other

$8.0B95%

Lennar Financial Services

$229M3%

Lennar Multifamily

$182M2%

Geographic Segments

Homebuilding West

$3.2B40%

Homebuilding East

$2.3B28%

Homebuilding Central

$1.5B19%

Homebuilding Texas

$971M12%

Homebuilding Other Regions

$20M0%