Lennar
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 22.5b | 27.1b | 33.7b | 34.2b | 35.2b | 38.1b | 40.8b |
% growth | 1 % | 21 % | 24 % | 2 % | 3 % | 8 % | 7 % |
EBITDA | 3.1b | 5.9b | 7.5b | 5.6b | 5.5b | 6.0b | 6.5b |
% EBITDA margin | 14 % | 22 % | 22 % | 16 % | 16 % | 16 % | 16 % |
Profit | 2.5b | 4.4b | 4.6b | 3.9b | 3.9b | 4.2b | 4.5b |
% profit margin | 11 % | 16 % | 14 % | 12 % | 11 % | 11 % | 11 % |
EV / revenue | 1.2x | 1.2x | 0.7x | 0.9x | 1.3x | 1.2x | 1.2x |
EV / EBITDA | 8.4x | 5.7x | 3.2x | 5.8x | 8.3x | 7.8x | 7.7x |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $10.0k | Angel | |
N/A | N/A | IPO | |
N/A | N/A | IPO | |
N/A | $30.0m | Post IPO Debt | |
* | $17.2m | Post IPO Equity | |
Total Funding | AUD15.5k |
Recent News about Lennar
EditLennar Corporation, established in 1954, is a leading homebuilder in the United States, constructing over one million new homes for families across the nation. Operating in some of the most sought-after cities, Lennar serves a wide range of clients, including first-time buyers, move-up buyers, multigenerational families, and active adults. The company is known for its commitment to quality, value, and integrity, ensuring that every home meets high standards through rigorous internal and external inspections.
Lennar's business model revolves around building and selling residential properties, with a focus on creating communities that cater to various lifestyles and family dynamics. The company also offers a range of financial services through its subsidiaries, including Lennar Mortgage, which provides tailored loan options, and Lennar Insurance Agency, which offers comprehensive insurance solutions for homes and personal property.
In addition to its core homebuilding operations, Lennar is dedicated to corporate social responsibility through the Lennar Foundation. Established in 1989, the foundation supports various charitable initiatives, including at-risk children, medical research, and community improvement projects. Lennar contributes $1,000 per home sold to these causes, reflecting its commitment to giving back to the community.
Lennar's market presence spans multiple states, including Arizona, California, Colorado, Delaware, Florida, and more, making it a significant player in the U.S. real estate market. The company generates revenue primarily through the sale of homes, financial services, and insurance products.
Keywords: homebuilder, residential properties, financial services, insurance, quality, value, integrity, sustainability, community, diverse clients.