Lennar (Lennar) Deferred Tax : $26 Mil (TTM As of Feb. 2024)

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What is Lennar Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Lennar's change in deferred tax for the three months ended in Feb. 2024 was $12 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Feb. 2024 was $26 Mil.

Lennar Deferred Tax Historical Data

The historical data trend for Lennar's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lennar Deferred Tax Chart

Lennar Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Deferred Tax

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235.49

92.08

191.63

-246.65

-67.97

Lennar Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Deferred Tax	Get a 7-Day Free Trial															-81.94	-49.58	29.20	34.35	11.98

Lennar Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $26 Mil.

Lennar Deferred Tax Related Terms

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Lennar (Lennar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Lennar Corp (NYSE:LEN.B) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

LEN:USA LEN:Mexico LNN0:Germany LNN:Germany LNN:Germany L1EN34:Brazil

Address

5505 Blue Lagoon Drive, Miami, FL, USA, 33126

Website

https://www.lennar.com

Based on the number of delivered homes, Lennar is the second-largest public homebuilder in the United States, behind D.R. Horton. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups.