Name | Value |
---|---|
Revenues | 8,045.2M |
Cost of Revenue | 6,710.5M |
Gross Profit | 1,334.7M |
Operating Expense | 124.8M |
Operating I/L | 1,178.4M |
Other Income/Expense | -51.3M |
Interest Income | 0.0M |
Pretax | 1,158.6M |
Income Tax Expense | 280.9M |
Net Income/Loss | 871.7M |
Lennar Corporation, through its various segments, operates as a homebuilder in the United States. The company's primary business is the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land. Additionally, it is involved in the development, construction, and management of multifamily rental properties. Lennar also offers residential mortgage financing, title insurance, and closing services for home buyers, as well as originates and sells securitization commercial mortgage loans. The company primarily serves first-time, move-up, active adult, and luxury homebuyers.