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Lennar Corp  (LEN)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services
 

LEN's Net Income Growth by Quarter and Year

Lennar's Net Income results by quarter and year




LEN Net Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter November 1,367.29 1,343.93 1,193.65 890.91
III Quarter August 1,116.95 1,472.69 1,409.22 669.32
II Quarter May 877.74 1,322.56 836.77 516.10
I Quarter February 599.31 509.32 1,016.91 391.22
FY   3,961.29 4,648.50 4,456.55 2,467.55



LEN Net Income fourth quarter 2023 Y/Y Growth Comment
Lennar Corp reported Net Income growth of 1.74% year on year in the fourth quarter 2023, to $ 1,367.29 millions, this is lower than Lennar Corp's recent average Net Income rise of 50.4%.

According to the results reported in the fourth quarter 2023, Lennar Corp achieved the best Net Income growth in Construction Services industry. While Lennar Corp' s Net Income increase of 1.74% ranks overall at the positon no. 86 in the fourth quarter 2023.




LEN Net Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter November 1.74 % 12.59 % 33.98 % 32.74 %
III Quarter August -24.16 % 4.5 % 110.55 % 30.56 %
II Quarter May -33.63 % 58.06 % 62.13 % 23.21 %
I Quarter February 17.67 % -49.91 % 159.93 % 63.4 %
FY   -14.78 % 4.31 % 80.61 % 33.95 %

Financial Statements
Lennar's fourth quarter 2023 Net Income $ 1,367.29 millions LEN's Income Statement
Lennar's fourth quarter 2022 Net Income $ 1,343.93 millions Quarterly LEN's Income Statement
New: More LEN's historic Net Income Growth >>


LEN Net Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter November 22.41 % -8.74 % -15.3 % 33.11 %
III Quarter August 27.25 % 11.35 % 68.41 % 29.69 %
II Quarter May 46.46 % 159.67 % -17.71 % 31.92 %
I Quarter February -55.41 % -57.33 % 14.14 % -41.71 %
FY (Year on Year)   -14.78 % 4.31 % 80.61 % 33.95 %




Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Construction Services Industry #1
Capital Goods Sector #15
Overall #86

Net Income Y/Y Growth Statistics
High Average Low
804.76 % 50.4 % -618.72 %
(March 31, 2013)   (Feb. 26, 2008)
Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Construction Services Industry #1
Capital Goods Sector #15
Overall #86
Net Income Y/Y Growth Statistics
High Average Low
804.76 % 50.4 % -618.72 %
(March 31, 2013)   (Feb. 26, 2008)

Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Lennar's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
2924.47 % 60.54 % -80.76 %
(May 31, 2012)  


LEN's IV. Quarter Q/Q Net Income Comment
Lennar Corp achieved in the IV. Quarter 2023 below company average Net Income jump of 22.41% quarter on quarter, to $ 1,367.29 millions.

IV. Quarter 2023 Lennar's results were paradoxical, even if lower than the average increase of 60.54 %, yet it demonstrates real recovery compare to the -8.74% in the IV. Quarter a year ago

Within Construction Services industry only one company achieved higher sequential Net Income growth. While Lennar's Net Income growth quarter on quarter, overall rank is 152.


Net Income Q/Q Growth Company Ranking
Within: No.
Construction Services Industry #2
Capital Goods Sector #11
Overall #152
Net Income Q/Q Growth Company Ranking
Within: No.
Construction Services Industry #2
Capital Goods Sector #11
Overall #152
Net Income Q/Q Growth Statistics
High Average Low
2924.47 % 60.54 % -80.76 %
(May 31, 2012)  


LEN's IV. Quarter Q/Q Net Income Comment
Lennar Corp achieved in the IV. Quarter 2023 below company average Net Income jump of 22.41% quarter on quarter, to $ 1,367.29 millions.

Albeit the IV. Quarter 2023 Lennar's performance was below the regular , that was still encouraging sign, as the IV. Quarter expension, outshines the -8.74% growth in the IV. Quarter a year ago

Within Construction Services industry only one company achieved higher sequential Net Income growth. While Lennar's Net Income growth quarter on quarter, overall rank is 152.


Lennar's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Nov 30 2023)
12 Months Ending
(Aug 31 2023)
12 Months Ending
(May 31 2023)
12 Months Ending
(Feb 28 2023)
12 Months Ending
(Nov 30 2022)
Cumulative Net Income 12 Months Ending $ 3,961.29 $ 3,937.94 $ 4,293.68 $ 4,738.49 $ 4,648.50
Y / Y Net Income Growth (TTM) -14.78 % -12.46 % -3.18 % 19.99 % 4.31 %
Year on Year Net Income Growth Overall Ranking # 80 # 5 # 6 # 7 # 249
Seqeuential Net Income Change (TTM) 0.59 % -8.29 % -9.39 % 1.94 % 3.34 %
Seq. Net Income Growth (TTM) Overall Ranking # 307 # 7 # 8 # 18 # 759




Cumulative Net Income growth Comment
Lennar's cumulative 12 months Net Income continue to fall, but on the faster rate at -14.78% year on year, at Nov 30 2023 compare to the -12.46% decrease at Aug 31 2023. If the Lennar's fiscal year would end at Nov 30 2023, annual Net Income would be $3,961 millions.

Among companies within the Capital Goods sector 13 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 5 to 80.

Net Income TTM Q/Q Growth Statistics
High Average Low
804.76 %
50.4 %
-618.72 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Construction Services Industry # 4
Capital Goods Sector # 14
Overall # 80

Net Income TTM Y/Y Growth Statistics
High Average Low
804.76 %
50.4 %
-618.72 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 42
S&P 500 # 307
Cumulative Net Income growth Comment
Lennar's cumulative 12 months Net Income continue to fall, but on the faster rate at -14.78% year on year, at Nov 30 2023 compare to the -12.46% decrease at Aug 31 2023. If the Lennar's fiscal year would end at Nov 30 2023, annual Net Income would be $3,961 millions.

Among companies within the Capital Goods sector 13 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 5 to 80.

Net Income TTM Q/Q Growth Statistics
High Average Low
804.76 %
50.4 %
-618.72 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Construction Services Industry # 4
Capital Goods Sector # 14
Overall # 80

Net Income TTM Y/Y Growth Statistics
High Average Low
804.76 %
50.4 %
-618.72 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 4
Sector # 42
S&P 500 # 307




Other Net Income Growth
Construction Services Industry Net Income Growth Trends and Statistics
Capital Goods Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
LEN's Net Income Growth Ratio versus Construction Services Industry, Capital Goods Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for LEN's Competitors
Net Income Growth for Lennar's Suppliers
Net Income Growth for LEN's Customers

You may also want to know
LEN's Annual Growth Rates LEN's Profitability Ratios LEN's Asset Turnover Ratio LEN's Dividend Growth
LEN's Roe LEN's Valuation Ratios LEN's Financial Strength Ratios LEN's Dividend Payout Ratio
LEN's Roa LEN's Inventory Turnover Ratio LEN's Growth Rates LEN's Dividend Comparisons



Companies with similar Net Income fall for the quarter ending Nov 30 2023 within Capital Goods SectorY/Y Change %Net Income for the quarter ending Nov 30 2023
Lennar Corp1.74%$ 1.738 millions




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