Lennar Corporation Financial Ratios — LEN-B Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Return on Common Equity (%)	3.48	22.23	12.65	14.2	15.33	14.39	10.88	15.11	12.11	14.52	22.83	20.55	15.54	14.44	8.34
Return on Assets (%)	1.03	6.96	4.43	5.28	5.87	6.12	4.75	7.17	6.38	8.31	14.03	12.96	10.2	9.76	5.49
Return on Capital (%)	- -	- -	5.6	6.44	6.67	7	5.8	8.26	7.42	9.7	16.65	15.84	12.61	12.2	6.8
Return on Invested Capital (%)	- -	- -	5.43	5.72	6.17	6.64	5.9	7.41	7.45	9.7	14.88	18.15	13.33	11.62	6.84
Gross Margin (%)	6.42	10.81	14.02	14.13	13.75	13.65	12.85	11.35	12.59	15.45	20.41	21.39	17.35	15.52	9.91
EBITDA Margin (%)	4.04	8.39	12.07	12.35	11.92	11.99	11.11	10.12	11.56	14.39	19.26	20.42	16.21	14.01	8.44
Operating Margin (%)	3.34	7.7	11.56	11.85	11.46	11.53	10.59	9.67	11.15	13.97	18.94	20.16	15.89	13.68	8.05
Incremental Operating Margin (%)	-97.8	21.08	20.19	12.8	9.68	11.95	4.52	8.22	29.08	287.65	43.03	25.22	-239.71	-48.81	167.36
Pretax Margin (%)	3.17	5.41	11.49	12.47	12.77	12.15	9.41	11	10.94	13.89	21.45	17.86	15.2	14.63	8.23
Profit Margin (%)	2.98	16.54	8.08	8.21	8.47	8.33	6.41	8.24	8.31	10.96	16.33	13.7	11.5	11.1	6.08
Net Income to Common Margin (%)	2.98	16.54	8.08	8.21	8.47	8.33	6.41	8.24	8.31	10.96	16.33	13.7	11.5	11.1	6.08
Effective Tax Rate (%)	- -	- -	25.96	35.17	32.28	31.37	35.13	24.09	24.33	21.01	23.41	22.71	23.86	23.48	25.07
Dvd Payout Ratio (%)	22.5	4.78	5.83	5.3	3.97	3.86	5.13	2.83	2.8	7.9	6.91	9.35	10.81	13.71	24.36
Sustainable Growth Rate (%)	2.69	21.16	11.91	13.45	14.72	13.83	10.32	14.68	11.77	13.38	21.25	18.62	13.86	12.46	6.31

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Total Debt	4,538	5,064	5,024	5,982	6,655	6,276	7,973	10,117	9,574	7,422	6,378	6,199	4,984	4,189	5,875
ST Debt	410	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	4,128	5,064	5,024	5,982	6,655	6,276	7,973	10,117	9,574	7,422	6,378	6,199	4,984	4,189	5,875
Total Debt/EBITDA	36.32	14.7	7.02	6.23	5.89	4.78	5.67	4.86	3.72	2.29	1.22	0.9	0.9	0.84	2.04
Net Debt/EBITDA	27	10.9	5.66	4.89	4.87	3.77	3.79	4.11	3.16	1.41	0.66	0.21	-0.27	-0.15	0.73
Total Debt/EBIT	43.86	16.01	7.33	6.49	6.13	4.97	5.95	5.08	3.86	2.36	1.24	0.91	0.92	0.86	2.14
Net Debt/EBIT	32.62	11.87	5.91	5.1	5.06	3.92	3.97	4.3	3.28	1.45	0.67	0.21	-0.27	-0.15	0.77
EBITDA to Interest Expense	1.38	3.65	7.63	26.28	90.71	283.74	196.16	184.88	146.04	144.42	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	1.27	3.62	7.54	25.66	83.37	267.22	180.56	173.3	141.14	141.18	- -	- -	- -	- -	- -
EBIT to Interest Expense	1.14	3.35	7.3	25.23	87.2	272.88	186.91	176.79	140.81	140.2	- -	- -	- -	- -	- -
Interest Expense	91	94	94	37	12	5	7	11	18	22	- -	- -	- -	- -	- -
Common Equity/Total Assets	29.45	32.95	36.98	37.35	39.18	45.74	42	51.04	54.32	60.11	62.69	63.45	67.75	67.46	63.78
Long-Term Debt/Equity (%)	124.97	126.55	108.58	113.92	111.85	87.02	99.83	68.9	59.71	41	30.38	25.57	18.67	14.95	26.53
Long-Term Debt/Capital (%)	52.64	55.86	52.06	53.25	52.8	46.53	49.96	40.79	37.39	29.08	23.3	20.37	15.73	13.01	20.97
Long-Term Debt/Total Assets (%)	45.1	48.87	44.57	46.29	46.15	40.85	42.53	35.42	32.61	24.79	19.21	16.32	12.7	10.14	17.06
Total Debt/Equity (%)	137.38	126.55	108.58	113.92	111.85	87.02	99.83	68.9	59.71	41	30.38	25.57	18.67	14.95	26.53
Total Debt/Capital (%)	57.87	55.86	52.06	53.25	52.8	46.53	49.96	40.79	37.39	29.08	23.3	20.37	15.73	13.01	20.97
Total Debt/Total Assets (%)	49.58	48.87	44.57	46.29	46.15	40.85	42.53	35.42	32.61	24.79	19.21	16.32	12.7	10.14	17.06
Net Debt to Equity	102.16	93.79	87.6	89.51	92.38	68.58	66.64	58.29	50.69	25.19	16.46	5.86	-5.58	-2.57	9.57
Net Debt/Capital (%)	50.53	48.4	46.7	47.23	48.02	40.68	39.99	36.82	33.64	20.12	14.14	5.54	-5.91	-2.64	8.73
EBITDA	125	344	716	961	1,130	1,313	1,405	2,081	2,573	3,235	5,224	6,875	5,550	4,966	2,885
EBITDA-CapEx	115	342	708	938	1,038	1,236	1,294	1,951	2,487	3,162	5,159	6,818	5,450	4,794	2,696
Operating Income (Loss)	103	316	686	922	1,086	1,262	1,339	1,990	2,481	3,141	5,138	6,788	5,440	4,850	2,750

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Cash Ratio	1.24	5.94	3.25	2.79	2.21	2.32	3.59	1.35	1.4	2.81	2.24	2.98	3.99	2.69	2.09
Current Ratio	6.45	35.19	28.96	22.58	21.77	21.04	20.28	18.44	20.8	21.85	19.03	17.57	17.99	15.93	10.7
Quick Ratio	1.53	8.94	5.15	3.95	3.45	3.81	4.28	3.37	3.86	5.22	4.5	5.11	6.34	4.85	4.13
CFO/Avg Current Liab	-0.26	-0.73	-3.11	-2.06	-0.83	0.89	1.45	1.77	1.33	3.98	2.15	2.22	3.19	1.38	0.12
Common Equity/Total Assets	29.45	32.95	36.98	37.35	39.18	45.74	42	51.04	54.32	60.11	62.69	63.45	67.75	67.46	63.78
Long-Term Debt/Equity (%)	124.97	126.55	108.58	113.92	111.85	87.02	99.83	68.9	59.71	41	30.38	25.57	18.67	14.95	26.53
Long-Term Debt/Capital (%)	52.64	55.86	52.06	53.25	52.8	46.53	49.96	40.79	37.39	29.08	23.3	20.37	15.73	13.01	20.97
Long-Term Debt/Total Assets (%)	45.1	48.87	44.57	46.29	46.15	40.85	42.53	35.42	32.61	24.79	19.21	16.32	12.7	10.14	17.06
Total Debt/Equity (%)	137.38	126.55	108.58	113.92	111.85	87.02	99.83	68.9	59.71	41	30.38	25.57	18.67	14.95	26.53
Total Debt/Capital (%)	57.87	55.86	52.06	53.25	52.8	46.53	49.96	40.79	37.39	29.08	23.3	20.37	15.73	13.01	20.97
Total Debt/Total Assets (%)	49.58	48.87	44.57	46.29	46.15	40.85	42.53	35.42	32.61	24.79	19.21	16.32	12.7	10.14	17.06
CFO/Total Liabilities	-4.43	-6.68	-12.15	-10.28	-4.95	6.23	9.13	12.19	11.12	35.41	20.74	23.76	41.33	18.08	1.76
CFO/CapEx	-26.08	-150.48	-99.4	-34.89	-4.59	6.64	8.79	12.97	17.14	57.6	38.86	57.08	51.9	14.01	1.15
Altman's Z-Score	1.47	2.15	2.44	2.68	2.82	2.91	2.91	2.91	3.3	3.76	4.41	4.25	4.82	5.19	4.6

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Accounts Receivable Turnover	92.01	125.32	65.58	45.41	44.25	39.05	54.97	39.18	27.35	30.39	29.74	27.13	23.78	24.04	24.33
Days Sales Outstanding	3.97	2.91	5.57	8.04	8.25	9.35	6.64	9.32	13.34	12.01	12.27	13.45	15.35	15.19	15
Inventory Turnover	0.68	0.78	0.88	0.93	0.99	1.05	1.1	1.29	1.1	1.08	1.19	1.35	1.45	1.53	1.92
Days Inventory Outstanding	537.43	468.87	416.91	392.11	368.23	345.99	331.83	282.53	332.63	338.48	307.16	270.76	251.55	238.99	190.52
Accounts Payable Turnover	16.73	20.61	26.17	20.84	18.36	17.42	18.8	25.92	18.14	17.18	20	18.66	16.68	18.07	12.23
Accounts Payable Turnover Days	21.82	17.71	13.95	17.52	19.88	20.96	19.41	14.08	20.12	21.24	18.25	19.57	21.88	20.2	29.85
Cash Conversion Cycle	519.58	454.08	408.53	382.63	356.6	334.38	319.06	277.76	325.86	329.25	301.19	264.65	245.03	233.97	175.68
Inventory to Cash Days	-533.46	-465.96	-411.34	-384.07	-359.98	-336.64	-325.19	-273.21	-319.29	-326.47	-294.89	-257.3	-236.2	-223.8	-175.52
Inventories	4,361	5,046	6,612	7,742	8,746	9,179	10,861	17,372	18,092	17,175	19,169	20,100	18,898	20,312	11,841
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	2,637	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	1,335	4,720	6,141	7,684	8,682	9,058	10,468	17,163	17,463	16,089	17,554	17,367	15,360	15,635	9,921
Other Inventory	389	327	471	58	64	121	393	209	628	1,086	1,615	2,733	3,537	4,678	1,920

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Market Capitalization	2,700	5,943	6,184	7,914	8,959	8,105	12,315	11,206	14,901	18,981	25,685	21,043	32,236	44,213	30,526
- Cash & Cash Equivalents	1,164	1,311	971	1,282	1,158	1,330	2,651	1,558	1,446	2,863	2,922	4,779	6,474	4,910	3,756
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	607	586	459	424	301	186	114	101	84	105	180	140	121	151	181
+ Total Debt	4,538	5,064	5,024	5,982	6,655	6,276	7,973	10,117	9,574	7,422	6,378	6,199	4,984	4,189	5,875
Enterprise Value	6,682	10,283	10,697	13,022	14,714	13,183	17,693	19,862	23,061	23,590	29,280	22,568	30,829	43,603	32,787
Total Capital	7,842	9,065	9,652	11,234	12,605	13,487	15,959	24,800	25,608	25,521	27,375	30,440	31,686	32,210	28,016
Total Debt/Capital (%)	57.87	55.86	52.06	53.25	52.8	46.53	49.96	40.79	37.39	29.08	23.3	20.37	15.73	13.01	20.97
Total Debt / EV	0.68	0.49	0.47	0.46	0.45	0.48	0.45	0.51	0.42	0.31	0.22	0.27	0.16	0.1	0.18
EV/Sales	2.16	2.5	1.8	1.67	1.55	1.2	1.4	0.97	1.04	1.05	1.08	0.67	0.9	1.23	0.96
EV/EBITDA	53.47	29.86	14.94	13.56	13.03	10.04	12.59	9.54	8.96	7.29	5.6	3.28	5.55	8.78	11.37
EV/EBIT	64.58	32.51	15.6	14.12	13.55	10.44	13.21	9.98	9.29	7.51	5.7	3.32	5.67	8.99	11.92
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	25.8	17.93	11.68	15.42	5.61	11.56	6.91	5.95	18.14	151.22
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	22.44	16.1	10.85	14.58	5.51	11.27	6.79	5.84	16.93	80.87
Diluted Market Cap	2,797	6,786	6,835	8,809	9,794	7,975	12,171	10,664	15,020	18,781	26,301	21,044	32,508	44,837	31,855
Diluted Enterprise Value	6,779	11,125	11,347	13,934	15,592	13,107	17,606	19,324	23,232	23,444	29,938	22,604	31,139	44,268	34,155
EV per Share	34.77	52.63	51.3	62.26	68.32	55.12	73.73	61.26	73	75.44	97.79	77.87	109.73	162.56	132.74
TTM Sales	3,095	4,105	5,935	7,780	9,474	10,950	12,646	20,572	22,260	22,489	27,131	33,671	34,233	35,441	34,187
TTM EBITDA	125	344	716	961	1,130	1,313	1,405	2,081	2,573	3,235	5,224	6,875	5,550	4,966	2,885
TTM Operating Income	103	316	686	922	1,086	1,262	1,339	1,990	2,481	3,141	5,138	6,788	5,440	4,850	2,750
TTM Cash Flow to Firm	-155	-145	-738	-765	-411	511	987	1,700	1,496	4,209	2,533	3,266	5,180	2,403	217
TTM Free Cash Flow to Firm	-145	-143	-730	-742	-320	587	1,099	1,831	1,582	4,281	2,598	3,323	5,280	2,575	405

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Price/Free Cash Flow	-11.22	-16.09	-8.55	-11.5	-29.83	13.65	11.12	5.85	9.57	4.4	10.12	6.33	6.16	17.41	78.57
EV/EBIT	64.58	32.51	15.6	14.12	13.55	10.44	13.21	9.98	9.29	7.51	5.7	3.32	5.67	8.99	11.92
Enterprise Value	6,682	10,283	10,697	13,022	14,714	13,183	17,693	19,862	23,061	23,590	29,280	22,568	30,829	43,603	32,787
Low Price	8.95	13.73	25.18	28.65	32.75	30.04	33.39	31.52	29.8	18.87	57.02	52.67	70.02	114.46	94.09
EV/Sales	2.16	2.5	1.8	1.67	1.55	1.2	1.4	0.97	1.04	1.05	1.08	0.67	0.9	1.23	0.96
EV/EBITDA	53.47	29.86	14.94	13.56	13.03	10.04	12.59	9.54	8.96	7.29	5.6	3.28	5.55	8.78	11.37
Price/Earnings	28.68	8.53	12.01	12.22	10.84	8.28	15.02	6.28	8.12	7.62	5.94	4.56	8.25	11.4	15.33
Price/Earnings Average	28.48	6.33	12.13	10.71	10.42	8.85	12.45	7.99	6.95	6.28	5.36	4.4	6.98	10.4	14.52
Price/Earnings High	35.52	8.98	14.12	12.45	12.13	10.43	15.19	10.65	8.55	8.89	6.47	6.06	8.71	12.24	20.47
Price/Earnings Low	18.27	3.85	10.2	9.25	8.54	7.34	9.77	5.72	5.13	2.37	3.95	3.31	5.04	7.92	11.67
Price/Book Value	1	1.74	1.48	1.64	1.59	1.15	1.56	0.77	0.93	1.05	1.23	0.87	1.21	1.59	1.39
Price/Book Value Average	0.99	1.29	1.5	1.44	1.52	1.23	1.3	0.98	0.8	0.87	1.11	0.84	1.03	1.45	1.32
Price/Book Value High	1.24	1.83	1.74	1.67	1.77	1.45	1.58	1.3	0.98	1.23	1.34	1.16	1.28	1.7	1.86
Price/Book Value Low	0.64	0.79	1.26	1.24	1.25	1.02	1.02	0.7	0.59	0.33	0.82	0.63	0.74	1.1	1.06
Price/Tangible Book Value	1.01	1.76	1.5	1.65	1.6	1.16	1.6	1.03	1.21	1.32	1.49	1.03	1.4	1.82	1.67
Price/Tangible Book Value Average	1.01	1.3	1.51	1.45	1.54	1.24	1.33	1.31	1.04	1.09	1.35	0.99	1.19	1.66	1.58
Price/Tangible Book Value High	1.26	1.85	1.76	1.69	1.79	1.46	1.62	1.74	1.28	1.54	1.63	1.37	1.48	1.96	2.22
Price/Tangible Book Value Low	0.65	0.79	1.27	1.25	1.26	1.03	1.04	0.94	0.77	0.41	0.99	0.75	0.86	1.27	1.27
Price/Sales	0.85	1.41	0.97	1	0.92	0.69	0.96	0.52	0.67	0.84	0.97	0.62	0.95	1.27	0.93
Price/Sales Average	0.85	1.05	0.98	0.88	0.88	0.74	0.8	0.66	0.58	0.69	0.87	0.6	0.8	1.15	0.88
Price/Sales High	1.06	1.49	1.14	1.02	1.03	0.87	0.97	0.88	0.71	0.97	1.06	0.83	1	1.36	1.24
Price/Sales Low	0.54	0.64	0.82	0.76	0.72	0.61	0.63	0.47	0.43	0.26	0.64	0.45	0.58	0.88	0.71
Price/Cash Flow	-10.21	-13.64	-7.13	-9.9	-20.75	14.87	12.39	6.29	10.13	4.48	10.38	6.44	6.28	18.66	146.92
Price/Cash Flow Average	-10.13	-10.12	-7.2	-8.68	-19.95	15.89	10.27	8.01	8.67	3.69	9.37	6.22	5.31	17.01	139.22
Price/Cash Flow High	-12.64	-14.36	-8.39	-10.09	-23.22	18.73	12.53	10.68	10.67	5.23	11.32	8.56	6.62	20.03	196.24
Price/Cash Flow Low	-6.5	-6.16	-6.06	-7.49	-16.33	13.18	8.06	5.74	6.4	1.39	6.9	4.67	3.83	12.95	111.85
Price/Free Cash Flow Average	-11.14	-11.94	-8.63	-10.09	-28.68	14.59	9.22	7.45	8.19	3.63	9.13	6.11	5.21	15.88	74.45
Price/Free Cash Flow High	-13.9	-16.94	-10.05	-11.73	-33.38	17.2	11.25	9.93	10.08	5.14	11.03	8.41	6.5	18.7	104.94
Price/Free Cash Flow Low	-7.15	-7.26	-7.26	-8.71	-23.49	12.1	7.24	5.34	6.05	1.37	6.73	4.59	3.76	12.09	59.81
EV/Sales Average	2.15	2.13	1.81	1.55	1.52	1.26	1.24	1.11	0.94	0.9	0.99	0.65	0.76	1.12	0.91
EV/Sales High	2.37	2.58	1.99	1.7	1.67	1.4	1.41	1.35	1.07	1.19	1.17	0.88	0.95	1.32	1.26
EV/Sales Low	1.84	1.71	1.64	1.43	1.36	1.12	1.06	0.92	0.79	0.47	0.76	0.5	0.53	0.85	0.75
EV/EBITDA Average	53.31	25.41	15.02	12.56	12.76	10.51	11.13	11.01	8.15	6.27	5.13	3.18	4.66	8.01	10.82
EV/EBITDA High	58.62	30.77	16.45	13.74	14.01	11.69	12.73	13.3	9.29	8.29	6.05	4.29	5.88	9.45	14.93
EV/EBITDA Low	45.62	20.39	13.63	11.57	11.38	9.38	9.57	9.07	6.85	3.27	3.96	2.45	3.3	6.07	8.85
EV/EBIT Average	64.39	27.66	15.68	13.08	13.27	10.93	11.68	11.52	8.45	6.46	5.22	3.22	4.76	8.2	11.35
EV/EBIT High	70.8	33.5	17.18	14.31	14.57	12.15	13.36	13.91	9.63	8.54	6.16	4.35	6	9.67	15.66
EV/EBIT Low	55.1	22.2	14.23	12.06	11.83	9.76	10.04	9.49	7.1	3.36	4.03	2.48	3.36	6.21	9.29
Last Price	14.05	30.42	29.66	37.84	41.6	33.89	51.32	34.56	47.17	60.7	85.78	72.61	114.74	164.83	123.59
High Price	17.4	32.03	34.87	38.58	46.55	42.7	51.9	58.65	49.66	70.83	93.49	96.42	121.08	177	165.07
Enterprise Value Average	6,663	8,750	10,755	12,064	14,411	13,795	15,643	22,923	20,967	20,298	26,810	21,867	25,886	39,754	31,224
Enterprise Value High	7,326	10,597	11,783	13,194	15,823	15,344	17,890	27,677	23,899	26,812	31,631	29,504	32,648	46,908	43,071
Enterprise Value Low	5,702	7,022	9,762	11,117	12,851	12,316	13,448	18,880	17,626	10,564	20,710	16,825	18,303	30,133	25,539

Shares Outstanding	192	195	209	209	215	239	240	324	316	313	299	290	281	268	247
Diluted Weighted Avg Shares	199	223	230	233	235	235	237	309	318	309	307	290	283	272	258
Basic Weighted Avg Shares	188	190	194	206	209	223	237	308	318	309	307	290	283	272	258
Revenue per Share	16.44	21.56	30.55	37.72	45.27	49.15	53.33	66.8	69.91	72.68	88.49	116.18	120.83	130.29	132.64
EBITDA per Share	0.66	1.81	3.69	4.66	5.4	5.89	5.93	6.76	8.08	10.46	17.04	23.72	19.59	18.25	11.19
Operating Income per Share	0.55	1.66	3.53	4.47	5.19	5.67	5.65	6.46	7.79	10.15	16.76	23.42	19.2	17.83	10.67
Basic EPS, GAAP	0.49	3.57	2.47	3.1	3.84	4.09	3.42	5.51	5.81	7.97	14.45	15.92	13.9	14.46	8.06
Basic EPS from Cont Ops	0.6	3.45	2.6	3.05	3.91	4.1	3.25	5.58	5.79	7.98	14.53	16.04	13.98	14.59	8.18
Diluted EPS, GAAP	0.46	3.04	2.08	2.74	3.41	3.87	3.42	5.5	5.81	7.97	14.45	15.92	13.9	14.46	8.06
Diluted EPS from Cont Ops	0.57	2.95	2.19	2.7	3.48	3.88	3.25	5.57	5.79	7.98	14.53	16.04	13.98	14.59	8.18
Dividend per Share	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.63	1.01	1.51	1.52	2.02	2.02
Cash Flow per Share	-1.38	-2.23	-4.16	-3.82	-2.01	2.28	4.14	5.49	4.66	13.54	8.26	11.27	18.28	8.84	0.84
Free Cash Flow per Basic Share	-1.43	-2.25	-4.2	-3.93	-2.44	1.94	3.67	5.07	4.38	13.31	8.05	11.07	17.93	8.2	0.11
Cash & Equivalents per Share	6.06	6.71	4.65	6.21	5.58	5.78	11.29	4.82	4.74	9.33	9.9	16.61	23.18	18.45	15.37
Book Value per Share	14.03	17.48	19.99	23.08	26.23	29.38	32.81	44.97	50.49	57.55	69.52	83.16	94.61	103.9	88.91
Tangible Book Value per Share	13.85	17.3	19.83	22.89	26.05	29.21	31.99	33.62	38.91	45.93	57.39	70.63	81.68	90.36	74.2

Lennar Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)