Lennar Corporation (LEN)
Net profit margin
| Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,932,525 | 4,197,605 | 4,143,935 | 4,061,318 | 3,938,518 | 3,899,668 | 4,258,008 | 4,707,074 | 4,614,121 | 4,482,171 | 4,421,721 | 3,932,324 | 4,430,113 | 4,122,383 | 3,381,911 | 3,067,954 | 2,465,036 | 2,256,580 | 2,103,528 | 2,007,594 |
| Revenue (ttm) | US$ in thousands | 35,441,450 | 36,462,760 | 35,776,320 | 35,055,880 | 34,233,380 | 23,265,225 | 23,470,055 | 23,783,605 | 23,496,695 | 31,930,210 | 29,937,180 | 28,008,720 | 27,130,670 | 25,523,000 | 24,451,850 | 23,308,980 | 22,488,850 | 22,634,490 | 22,621,300 | 22,896,820 |
| Net profit margin | 11.10% | 11.51% | 11.58% | 11.59% | 11.50% | 16.76% | 18.14% | 19.79% | 19.64% | 14.04% | 14.77% | 14.04% | 16.33% | 16.15% | 13.83% | 13.16% | 10.96% | 9.97% | 9.30% | 8.77% |
November 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,932,525K ÷ $35,441,450K
= 11.10%
The net profit margin of Lennar Corporation has exhibited some fluctuations over the period analyzed. It started at 8.77% in February 2020, steadily increasing to 16.33% in November 2021. This period reflects an improvement in the company's ability to convert sales into profits. However, from February 2022 to August 2022, the net profit margin slightly decreased, hovering around 14%, indicating potential challenges in maintaining profitability.
In the subsequent periods, although there were fluctuations, the net profit margin generally remained above 14%. The margin peaked at 19.79% in February 2023, showcasing strong profitability. However, there was a notable decline in profitability in the following periods, dropping to 11.10% by November 2024.
Overall, Lennar Corporation's net profit margin demonstrated both positive and negative trends over the analyzed period, reflecting variations in the company's ability to effectively manage costs and generate profits from its operations.
Peer comparison
Nov 30, 2024