What is Lennar's ROA in the fourth quarter of 2023?
Lennar Corp achieved a return on average assets (ROA) of
10.56 % in its fourth quarter of 2023, this is above LEN's average return on assets of 4.18%.
Lennar Corps assets during the 12 months ending in the fourth quarter of 2023 are valued at $37 billion
ROA fell compared to the third quarter of 2023, despite the net income growth of 22.41% from the third quarter of 2023.
However, within the
Capital Goods sector 51 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Nov 30 2023 quarter, so far to
387, from total ROA ranking in the third quarter of 2023 at
549.
What is ROA?