Lennar (Lennar) Gross-Profit-to-Asset % : 11.00% (As of Feb. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Lennar Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Lennar's annualized Gross Profit for the quarter that ended in Feb. 2024 was $4,301 Mil. Lennar's average Total Assets over the quarter that ended in Feb. 2024 was $39,093 Mil. Therefore, Lennar's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was 11.00%.

Lennar Gross-Profit-to-Asset % Historical Data

The historical data trend for Lennar's Gross-Profit-to-Asset % 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.

* Premium members only.

Lennar Gross-Profit-to-Asset % Chart

Lennar Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

9.68

11.72

17.54

20.23

15.39

Lennar Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															10.26	14.54	17.27	21.36	11.00

Competitive Comparison of Lennar's Gross-Profit-to-Asset %

For the Residential Construction subindustry, Lennar's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lennar's Gross-Profit-to-Asset % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Lennar's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Lennar's Gross-Profit-to-Asset % falls into.

Lennar Gross-Profit-to-Asset % Calculation

Lennar's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Nov. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Nov. 2023 )	/	( (Total Assets (A: Nov. 2022 )	+	Total Assets (A: Nov. 2023 ))	/ count )
	=	5940.984	/	( (37984.295	+	39234.303)	/ 2 )
	=	5940.984	/	38609.299
	=	15.39 %

Lennar's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	4300.86	/	( (39234.303	+	38951.199)	/ 2 )
	=	4300.86	/	39092.751
	=	11.00 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Feb. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Lennar Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Lennar's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lennar (Lennar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Lennar Corp (NYSE:LEN.B) » Definitions » Gross-Profit-to-Asset %

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.