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LENNAR CORP NEW (LEN)

For the quarter ending 2025-05-31.

Overview

Net Income
$476,117K
EPS
$1.81
Unit: Thousand (K) dollars

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-05-31
2025-02-28
2024-08-31
2024-05-31
Revenues- 7,631,545 9,416,042 8,765,592
Other income, net and other gains- 31,668 23,331 68,172
Corporate general and administrative- 147,378 164,672 156,982
Cost and expenses- 6,770,494 7,613,042 7,106,455
Charitable foundation contribution- 17,834 21,516 19,690
Total costs and expenses- 6,935,706 8,129,984 7,546,884
Equity in earnings (losses) from unconsolidated entities- 33,234 186,621 -4,309
Lennar other realized and unrealized losses from technology investments- -62,503 39,123 -21,514
Earnings before income taxes641,881 698,238 1,535,133 1,261,057
Provision for income taxes160,061 169,525 347,859 300,471
Net earnings (including net earnings attributable to noncontrolling interests)481,820 528,713 1,187,274 960,586
Less net earnings attributable to noncontrolling interests4,371 9,187 24,600 6,275
Net earnings attributable to lennar477,449 519,526 1,162,674 954,311
Net unrealized gains (losses) on securities available-for-sale-1,332 -178 444 1,355
Total other comprehensive income (loss), net of tax-1,332 -178 444 1,355
Total comprehensive income attributable to lennar476,117 519,348 1,163,118 955,666
Basic earnings per share (in dollars per share)1.81 1.96 4.26 3.45
Diluted earnings per share (in dollars per share)1.81 1.96 4.26 3.45
Denominator for basic earnings per share-weighted average common shares outstanding (shares)260,286,000 262,733,000 270,164,000 273,703,000
Denominator for diluted earnings per share-weighted average common shares outstanding (shares)260,286,000 262,733,000 270,164,000 273,703,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Earnings before incometaxes$641,881K (-49.10%↓ Y/Y)Net earnings(including net earnings...$481,820K (-49.84%↓ Y/Y)Provision for income taxes$160,061K (-46.73%↓ Y/Y)Net earningsattributable to lennar$477,449K (-49.97%↓ Y/Y)Less net earningsattributable to...$4,371K (-30.34%↓ Y/Y)Total comprehensiveincome attributable to...$476,117K (-50.18%↓ Y/Y)Total othercomprehensive income (loss),...-$1,332K (-198.30%↓ Y/Y)Net unrealizedgains (losses) on...-$1,332K (-198.30%↓ Y/Y)