Lennar Corporation (LEN)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 41,312,800 | 39,741,000 | 38,667,700 | 38,951,200 | 39,234,300 | 37,438,100 | 36,857,700 | 36,573,200 | 37,984,300 | 35,339,900 | 34,306,200 | 32,635,300 | 33,207,800 | 32,744,200 | 31,223,200 | 30,552,000 | 29,935,200 | 29,315,300 | 29,309,000 | 29,173,700 |
| 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% |
November 30, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $3,932,525K ÷ $41,312,800K
= 9.52%
Lennar Corporation's Return on Assets (ROA) has shown a fluctuating trend over the period covered in the data. It started at 6.88% as of February 29, 2020, increased steadily to reach a peak of 13.34% on November 30, 2021, then experienced some variability before settling at 9.52% as of November 30, 2024.
The company's ROA demonstrates its ability to generate profits relative to its total assets. The increasing trend from 2020 to 2021 indicates an improvement in efficiency and profitability. However, the subsequent fluctuations from 2022 to 2024 may point to changing economic conditions or strategic decisions impacting asset utilization and profitability.
It is crucial for stakeholders to monitor ROA closely as it provides insights into how effectively Lennar Corporation is utilizing its assets to generate earnings. Further analysis of the underlying factors driving these fluctuations would be necessary to assess the company's performance comprehensively.
Peer comparison
Nov 30, 2024