LENNAR CORP /NEW/
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $34.19B | $35.44B | $34.23B | $33.67B | $27.13B | $22.49B | $22.26B | $20.57B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.68B | $2.48B | $2.23B | — | $398.4M | $333.4M | $321.2M | $343.9M |
| Operating Income | $2.81B | $5.18B | $5.20B | $6.01B | $5.82B | $3.48B | $2.78B | $2.46B |
| Operating Margin | 8.2% | 14.6% | 15.2% | 17.9% | 21.4% | 15.5% | 12.5% | 12.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $2.81B | $5.18B | $5.20B | $6.01B | $5.82B | $3.12B | $2.43B | $2.26B |
| Income Tax Expense | $705.6M | $1.22B | $1.24B | $1.37B | $1.36B | $656.2M | $592.2M | $545.2M |
| Net Income | $2.08B | $3.93B | $3.94B | $4.61B | $4.43B | $2.47B | $1.85B | $1.70B |
| Net Margin | 6.1% | 11.1% | 11.5% | 13.7% | 16.3% | 11.0% | 8.3% | 8.2% |
| EPS (Basic) | $7.98 | $14.31 | $13.73 | $15.74 | $14.28 | $7.88 | $5.76 | $5.46 |
| EPS (Diluted) | — | $14.31 | $13.73 | $15.72 | $14.27 | $7.85 | $5.74 | $5.44 |
| Shares Outstanding (Basic) | 257.7M | 272.0M | 283.3M | 289.8M | 306.6M | 309.4M | 318.4M | 308.0M |
| Shares Outstanding (Diluted) | 257.7M | 272.0M | 283.3M | 289.8M | 306.6M | 309.4M | 318.4M | 308.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |