Craft

Lennar

Stock Price

$151.6

2024-06-21

Market Capitalization

$41.7 B

2024-06-21

Revenue

$34.2 B

FY, 2023

Lennar Summary

Company Summary

Overview
Lennar is a home building company. It operates through four business segments: Homebuilding, Financial Services, Multifamily, and Lennar Other. The Homebuilding segment primarily includes the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land. The Financial Services segment includes mortgage financing, title, and closing services. The Multifamily segment is involved in the development, construction, and property management of multifamily rental properties. The Lennar Other segment includes strategic investments in technology companies.
Type
Public
Status
Active
Founded
1954
HQ
Miami, FL, US | view all locations
Website
https://www.lennar.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Jon Jaffe

    Jon Jaffe, Co-Chief Executive Officer, Co-President

  • Rick Beckwitt

    Rick Beckwitt, Co-Chief Executive Officer, Co-President

  • Diane Bessette

    Diane Bessette, Vice President, Chief Financial Officer and Treasurer

    • Fred Rothman

      Fred Rothman, Chief Operating Officer

      Operating MetricsView all

      Residential Mortgage Loans

      38.1K
      4.7%

      FY, 2021

      Cancellation Rate

      10.0%
      33.3%

      FY, 2021

      Title Insurance Policies Issued

      19.8K

      FY, 2019

      LocationsView all

      3 locations detected

      • Miami, FL HQ

        United States

        700 NW 107th Ave

      • Irvine, CA

        United States

        15131 Alton Pkwy

      • Louisville, KY

        United States

        P.O Box 505000

      Lennar Financials

      Summary Financials

      Revenue (Q1, 2024)
      $7.3B
      Gross profit (Q1, 2024)
      $1.1B
      Net income (Q1, 2024)
      $719.9M
      Cash (Q1, 2024)
      $5.2B
      Enterprise value
      $40.9B

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