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Lennar LEN EPS (Diluted)

Discontinued — last reported Q1 '24

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Other financials

Income statement

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Revenue$7.9B-5.2%
Net income$304.8M-36.2%

Balance sheet

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Cash & equivalents$2.2B+47.0%
Total debt$233.8M-12.2%
Total equity$21.6B-4.2%
Total assets$33.7B-2.0%

Cash flow

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Operating cash flow-$284.4M+74.0%
CapEx$18.9M+23.9%
Free cash flow-$303.2M+72.7%

Valuation

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Market cap$20.99B-39.2%
Enterprise value$19.05B-42.8%
P/E13×+2.4×
P/S0.6×-0.3×

Profitability

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Net margin4.9%-4.3pp
FCF margin2.2%+1.4pp

Returns & leverage

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Return on equity7.3%-5.9pp
Debt / equity0.0×

Where this comes from

Reported directly by Lennar in its filing.

Tagged under the XBRL concept us-gaap:EarningsPerShareDiluted.

The source filing: Lennar’s 10-Q, filed March 29, 2024.

Filed
Mar 29, 2024
Fiscal quarter
Q1 FY2024
Calendar quarter
Q1 2024
Accession
0001628280-24-013820
Line itemThree Months Ended / February 29, 2024Three Months Ended / February 28, 2023
Net earnings attributable to Lennar$719,334596,534
Other comprehensive income, net of tax:
Net unrealized gain on securities available-for-sale$362851
Total other comprehensive income, net of tax$362851
Total comprehensive income attributable to Lennar$719,696597,385
Total comprehensive income attributable to noncontrolling interests$5872,774
Basic earnings per share$2.572.06
Diluted earnings per share$2.572.06

Item 1. Financial Statements

FAQ

What is Lennar's EPS (diluted)?
Lennar (LEN) reported EPS (diluted) of $2.57 in Q4 2023.
How has Lennar's EPS (diluted) changed year-over-year?
Lennar's EPS (diluted) increased by 24.8% year-over-year, from $2.06 to $2.57.
What is the long-term trend for Lennar's EPS (diluted)?
Over 2 years (2021 to 2023), Lennar's EPS (diluted) has grown at a -1.9% compound annual growth rate (CAGR), from $14.28 to $13.73.
What does EPS (diluted) mean?
Net income divided by the weighted-average number of shares outstanding plus all potentially dilutive securities (stock options, convertibles, warrants). The most conservative EPS measure.

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