Lennar Corporation (LEN.B)

NYSE: LEN.B · General Bldg Contractors - Residential Bldgs · Miami, FL · filing with the SEC since 1996

Grade6.5

◀ Past 7.3● Present 6.7▶ Future 4.7

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in November.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021	Nov 30, 2020	Nov 30, 2019	Nov 30, 2018	Nov 30, 2017	Nov 30, 2016
Report filed	Jan 28, 2026	Jan 23, 2025	Jan 26, 2024	Jan 26, 2023	Jan 28, 2022	Jan 22, 2021	Jan 27, 2020	Jan 28, 2019	Jan 25, 2018	Jan 20, 2017
Revenue	34,186,934	35,441,452	34,233,366	33,671,010	27,130,676	22,488,854	22,259,561	20,571,631	12,646,365	10,949,999
Selling, general and administrative	2,678,337	2,480,309	2,231,033	·	·	·	·	·	·	·
General and administrative	636,718	648,986	501,338	·	398,381	333,446^r	321,188^r	343,934	285,889	232,562
Total costs and expenses	31,519,110	30,671,689	28,866,807	·	22,052,243	19,373,164	19,798,380	18,734,360	11,307,370	9,687,636
Operating income	·	·	·	·	·	3,482,206	2,775,406	2,463,191	1,475,500	1,563,031
Interest expense	·	·	·	·	·	·	·	·	·	4,626
Share of profit of equity-method investments	78,225	164,099	-144,610	-36,302	48,993	-22,127	2,528	-30,518	49,478	55,205
Total non-operating income (expense)	-62,352	225,866	30,517	-15,286	180,830	·	·	·	·	·
Income before income taxes	2,813,863	5,184,908	5,202,304	6,014,566	5,819,058	3,123,788	2,434,292	2,262,684	1,189,611	1,330,469
Income tax expense	705,563	1,217,253	1,241,013	1,366,065	1,362,509	656,235	592,173	545,171	417,857	417,378
Net income including non-controlling interests	2,108,300	3,967,655	3,961,291	4,648,501	4,456,549	2,467,553	1,842,119	1,717,513	771,754	913,091
Net income to non-controlling interests	30,121	35,122	22,780	34,376	26,438	2,517	-6,933	21,682	-38,726	1,247
Net income	2,078,179	3,932,533	3,938,511	4,614,125	4,430,111	2,465,036	1,849,052	1,695,831	810,480	911,844
Net income to common shareholders	2,058,083	3,893,710	3,889,975	4,562,145	4,377,192	2,436,647	1,832,910	1,680,964	802,656	902,655
Earnings per share, basic	7.98	14.31	13.73	15.74	14.28	7.88	5.76	5.46	3.38	4.05^r
Earnings per share, diluted	·	14.31	13.73	15.72	14.27	7.85	5.74	5.44	3.38	3.86^r
Weighted average shares, basic	257,746	272,019	283,319	289,824	306,612	309,406	318,419	307,968	237,155	223,079^r
Weighted average shares, diluted	·	272,019	283,319	289,824	306,612	309,407	318,422	308,565	237,156	235,370^r

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton LEN.B · research, not advice