Lennar Corporation (LEN)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 99.00% | 98.79% | 98.91% | 98.98% | 80.46% | 69.86% | 70.12% | 35.45% | 61.80% | 72.22% | 70.44% | 98.30% | 98.26% | 78.26% | 58.86% | 39.10% | 21.11% | 20.14% | 19.37% | 19.04% |
| Operating profit margin | 97.96% | 97.54% | 97.77% | 97.91% | 79.83% | 67.61% | 67.88% | 33.32% | 37.14% | 96.75% | 80.55% | 91.14% | 96.47% | 22.87% | 19.89% | 18.97% | 15.48% | 14.15% | 13.31% | 12.61% |
| Pretax margin | 14.53% | 15.01% | 15.18% | 15.20% | 15.13% | 22.09% | 23.39% | 25.61% | 25.45% | 18.23% | 19.42% | 18.39% | 21.35% | 21.05% | 18.06% | 17.17% | 13.88% | 12.62% | 11.80% | 11.15% |
| 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% |
Lennar Corporation's profitability ratios have shown fluctuations over the periods indicated in the data.
1. Gross Profit Margin: Lennar's gross profit margin has exhibited a general increasing trend from around 19% to nearly 99% before experiencing a decline in recent periods, reaching around 99%. This signifies the company's ability to efficiently manage its production costs and generate profits from its core operations.
2. Operating Profit Margin: The operating profit margin of Lennar also displayed an increasing trend initially, peaking at around 96% before declining in the latter periods. This indicates the company's efficiency in controlling its operating expenses and generating profits from its day-to-day business activities.
3. Pretax Margin: Lennar's pretax margin increased over the first few periods, holding steady before declining sharply and stabilizing. This metric reflects the company's ability to generate profits before accounting for taxes and suggests fluctuations in its pre-tax profitability.
4. Net Profit Margin: Lennar's net profit margin demonstrated a similar pattern to the pretax margin, with an initial increase followed by relatively stable performance and a decline in the last few periods. This ratio highlights the company's ability to translate revenue into bottom-line profits after all expenses have been accounted for.
Overall, Lennar Corporation has shown variability in its profitability margins, influenced by factors such as revenue growth, cost management, and market conditions. Further analysis and comparison with industry benchmarks may provide a deeper insight into the company's financial performance.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 84.04% | 89.49% | 90.46% | 88.12% | 69.65% | 42.01% | 43.22% | 21.67% | 22.98% | 87.42% | 70.29% | 78.22% | 78.82% | 17.82% | 15.58% | 14.47% | 11.63% | 10.93% | 10.28% | 9.90% |
| Return on assets (ROA) | 9.52% | 10.56% | 10.72% | 10.43% | 10.04% | 10.42% | 11.55% | 12.87% | 12.15% | 12.68% | 12.89% | 12.05% | 13.34% | 12.59% | 10.83% | 10.04% | 8.23% | 7.70% | 7.18% | 6.88% |
| Return on total capital | 18.48% | 19.97% | 20.20% | 19.99% | 19.48% | 20.02% | 21.94% | 24.93% | 25.35% | 25.90% | 28.04% | 26.63% | 29.56% | 28.26% | 24.85% | 23.40% | 19.35% | 18.66% | 18.21% | 18.00% |
| Return on equity (ROE) | 14.11% | 15.31% | 15.42% | 15.24% | 14.82% | 15.20% | 17.02% | 19.28% | 19.15% | 19.51% | 20.47% | 19.02% | 21.28% | 19.96% | 17.28% | 16.24% | 13.70% | 13.14% | 12.72% | 12.51% |
Lennar Corporation's profitability ratios have shown a positive trend over the years.
1. Operating return on assets (Operating ROA) has increased steadily from around 9.90% in February 2020 to a peak of 90.46% in May 2024, before slightly declining in August 2024. This ratio indicates the efficiency of the company in generating profits from its operational assets.
2. Return on assets (ROA) also demonstrates an upward trajectory, starting at 6.88% in February 2020 and reaching 10.72% in May 2024. ROA reflects the company's overall ability to generate profits from its total assets.
3. Return on total capital has fluctuated but generally increased from 18.00% in February 2020 to a peak of 29.56% in November 2021, indicating the return generated on all invested capital, including debt and equity.
4. Return on equity (ROE) has shown a similar positive trend, starting at 12.51% in February 2020 and culminating at 20.47% in May 2022. ROE demonstrates the return generated on shareholder equity.
Overall, Lennar Corporation has demonstrated improved profitability ratios over the years, reflecting a positive performance in utilizing its assets and capital to generate returns for its shareholders.