Lennar Corporation Financial Ratios — LEN Stock

Profitability	2010 Y	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
Return on Common Equity (%)	10.81	9.75	52.19	25.92	26.87	26.19	23.44	17.63	29.79	24.9	26.05	35	27.46	19.08	16.32
Return on Assets (%)	1.18	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
Return on Capital (%)	- -	- -	- -	7.06	8.08	8.16	8.62	7.19	11.33	10.77	13.74	22.35	19.69	14.85	13.53
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
Gross Margin (%)	7.1	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
EBITDA Margin (%)	4.49	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
Operating Margin (%)	4.05	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
Incremental Operating Margin (%)	-1,288.61	-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
Pretax Margin (%)	3.08	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
Profit Margin (%)	3.1	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
Net Income to Common Margin (%)	3.1	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
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
Dvd Payout Ratio (%)	20.31	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
Sustainable Growth Rate (%)	8.62	7.56	49.7	24.41	25.44	25.15	22.53	16.72	28.95	24.21	23.99	32.58	24.89	17.02	14.09

Credit	2010 Y	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
Total Debt	4,152	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
LT Debt	3,674	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
ST Debt	479	410	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBITDA	30.11	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
Net Debt/EBITDA	20	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
Total Debt/EBIT	33.39	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
Net Debt/EBIT	22.18	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
EBITDA to Interest Expense	1.96	1.38	3.65	7.63	26.28	90.71	283.74	196.16	184.88	146.04	144.42	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	1.89	1.27	3.62	7.54	25.66	83.37	267.22	180.56	173.3	141.14	141.18	- -	- -	- -	- -
EBIT to Interest Expense	1.77	1.14	3.35	7.3	25.23	87.2	272.88	186.91	176.79	140.81	140.2	- -	- -	- -	- -
Interest Expense	70	91	94	94	37	12	5	7	11	18	22	- -	- -	- -	- -
Common Equity/Total Assets	10.4	10.67	15.69	18.41	20.74	23.93	28.19	25.96	22.83	28.37	35.41	44.32	49.73	57.09	62.41
Long-Term Debt/Equity (%)	115	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
Long-Term Debt/Capital (%)	65	67.43	69.6	66.47	65.83	63.95	58.16	61.56	60.44	53.23	40.95	29.98	24.57	18.12	13.91
Long-Term Debt/Total Assets (%)	41.8	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
Total Debt/Equity (%)	129.98	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
Total Debt/Capital (%)	73.47	74.13	69.6	66.47	65.83	63.95	58.16	61.56	60.44	53.23	40.95	29.98	24.57	18.12	13.91
Total Debt/Total Assets (%)	47.25	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
Net Debt to Equity	86.34	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
Net Debt/Capital (%)	64.78	68.06	62.92	61.53	60.22	59.43	52.28	51.66	56.38	49.14	29.87	18.83	6.95	-7.09	-2.86
EBITDA	138	125	344	716	961	1,130	1,313	1,405	2,081	2,573	3,235	5,224	6,875	5,550	4,966
EBITDA-CapEx	133	115	342	708	938	1,038	1,236	1,294	1,951	2,487	3,162	5,159	6,818	5,450	4,794
Operating Income (Loss)	124	103	316	686	922	1,086	1,262	1,339	1,990	2,481	3,141	5,138	6,788	5,440	4,850

Liquidity	2010 Y	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
Cash Ratio	1.35	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
Current Ratio	5.74	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
Quick Ratio	1.56	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
CFO/Avg Current Liab	0.28	-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
Common Equity/Total Assets	10.4	10.67	15.69	18.41	20.74	23.93	28.19	25.96	22.83	28.37	35.41	44.32	49.73	57.09	62.41
Long-Term Debt/Equity (%)	115	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
Long-Term Debt/Capital (%)	65	67.43	69.6	66.47	65.83	63.95	58.16	61.56	60.44	53.23	40.95	29.98	24.57	18.12	13.91
Long-Term Debt/Total Assets (%)	41.8	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
Total Debt/Equity (%)	129.98	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
Total Debt/Capital (%)	73.47	74.13	69.6	66.47	65.83	63.95	58.16	61.56	60.44	53.23	40.95	29.98	24.57	18.12	13.91
Total Debt/Total Assets (%)	47.25	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
CFO/Total Liabilities	4.9	-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
CFO/CapEx	54.17	-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
Altman's Z-Score	1.51	1.55	2.28	2.51	2.83	2.94	3.01	3.06	3	3.48	3.99	4.73	4.45	5.01	5.34

Working Capital	2010 Y	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
Accounts Receivable Turnover	52.91	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
Days Sales Outstanding	6.9	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
Inventory Turnover	0.69	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
Days Inventory Outstanding	527.72	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
Accounts Payable Turnover	17.4	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
Accounts Payable Turnover Days	20.98	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
Cash Conversion Cycle	513.64	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
Inventory to Cash Days	-520.82	-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
Inventories	4,170	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
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	2,223	2,637	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	1,491	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
Other Inventory	455	389	327	471	58	64	121	393	209	628	1,086	1,615	2,733	3,537	4,678

Enterprise Value	2010 Y	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
Market Capitalization	2,835	3,465	7,243	6,948	9,743	10,718	9,477	14,889	13,159	18,994	23,472	32,210	25,455	36,242	47,437
- Cash & Cash Equivalents	1,394	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
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	585	607	586	459	424	301	186	114	101	84	105	180	140	121	151
+ Total Debt	4,152	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
Enterprise Value	6,178	7,447	11,582	11,460	14,852	16,473	14,555	20,267	21,815	27,154	28,081	35,804	26,980	34,835	46,827
Total Capital	5,652	6,122	7,276	7,559	9,088	10,407	10,791	12,952	16,740	17,987	18,125	21,278	25,230	27,504	30,123
Total Debt/Capital (%)	73.47	74.13	69.6	66.47	65.83	63.95	58.16	61.56	60.44	53.23	40.95	29.98	24.57	18.12	13.91
Total Debt / EV	0.67	0.61	0.44	0.44	0.4	0.4	0.43	0.39	0.46	0.35	0.26	0.18	0.23	0.14	0.09
EV/Sales	2.01	2.41	2.82	1.93	1.91	1.74	1.33	1.6	1.06	1.22	1.25	1.32	0.8	1.02	1.32
EV/EBITDA	44.81	59.59	33.63	16	15.46	14.58	11.09	14.42	10.48	10.55	8.68	6.85	3.92	6.28	9.43
EV/EBIT	49.68	71.97	36.62	16.71	16.11	15.17	11.53	15.14	10.96	10.94	8.94	6.97	3.97	6.4	9.66
EV/Cash Flow to Firm	16.98	- -	- -	- -	- -	- -	28.49	20.53	12.83	18.15	6.67	14.14	8.26	6.73	19.48
EV/Free Cash Flow to Firm	16.75	- -	- -	- -	- -	- -	24.78	18.44	11.92	17.16	6.56	13.78	8.12	6.6	18.19
Diluted Market Cap	2,926	3,665	8,486	8,240	10,998	12,056	10,011	14,889	13,185	18,994	23,472	32,210	25,455	36,242	47,437
Diluted Enterprise Value	6,270	7,647	12,825	12,753	16,123	17,854	15,142	20,324	21,845	27,206	28,135	35,846	27,016	34,873	46,868
EV per Share	33.11	39.56	60.83	58.99	72.01	78.71	65.33	85.46	70.84	85.28	90.76	116.77	93.09	122.95	172.15
TTM Sales	3,074	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
TTM EBITDA	138	125	344	716	961	1,130	1,313	1,405	2,081	2,573	3,235	5,224	6,875	5,550	4,966
TTM Operating Income	124	103	316	686	922	1,086	1,262	1,339	1,990	2,481	3,141	5,138	6,788	5,440	4,850
TTM Cash Flow to Firm	364	-155	-145	-738	-765	-411	511	987	1,700	1,496	4,209	2,533	3,266	5,180	2,403
TTM Free Cash Flow to Firm	369	-145	-143	-730	-742	-320	587	1,099	1,831	1,582	4,281	2,598	3,323	5,280	2,575

Multiples	2010 Y	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
Price/Earnings	29.76	37.59	10.66	14.48	15.25	13.35	10.39	18.37	7.76	10.27	9.52	7.27	5.52	9.2	12.06
Price/Earnings Average	30.4	35.81	8	15.23	12.91	12.77	11.01	14.98	9.85	8.71	8.04	6.61	5.35	7.93	11.26
Price/Earnings High	42.69	43.98	11.03	17.98	15.5	14.61	12.82	18.48	13.11	10.79	10.89	7.92	7.38	9.58	13.41
Price/Earnings Low	22.65	24.78	5.08	12.52	11	10.75	9.07	12.24	6.94	6.42	3.19	4.91	3.93	6.08	8.85
Price/Book Value	3.1	3.55	4.46	3.35	3.63	3.11	2.19	3.06	2.02	2.28	2.21	2.19	1.35	1.62	1.84
Price/Book Value Average	3.17	3.38	3.34	3.52	3.08	2.97	2.32	2.5	2.56	1.93	1.87	1.99	1.31	1.39	1.72
Price/Book Value High	4.45	4.15	4.61	4.16	3.69	3.4	2.7	3.08	3.41	2.39	2.53	2.38	1.8	1.69	2.04
Price/Book Value Low	2.36	2.34	2.12	2.89	2.62	2.5	1.91	2.04	1.81	1.43	0.74	1.48	0.96	1.07	1.35
Price/Tangible Book Value	0.9	1.06	1.83	1.51	1.87	1.81	1.32	1.91	1.2	1.53	1.62	1.85	1.24	1.57	1.95
Price/Tangible Book Value Average	0.92	1.01	1.37	1.59	1.58	1.73	1.4	1.56	1.52	1.3	1.37	1.69	1.2	1.35	1.82
Price/Tangible Book Value High	1.29	1.24	1.89	1.88	1.9	1.98	1.63	1.92	2.02	1.61	1.86	2.02	1.65	1.64	2.16
Price/Tangible Book Value Low	0.68	0.7	0.87	1.31	1.35	1.46	1.15	1.27	1.07	0.96	0.54	1.25	0.88	1.04	1.43
Price/Sales	0.92	1.12	1.76	1.17	1.25	1.13	0.87	1.18	0.64	0.85	1.04	1.19	0.76	1.06	1.34
Price/Sales Average	0.94	1.07	1.32	1.23	1.06	1.08	0.92	0.96	0.81	0.72	0.88	1.08	0.73	0.91	1.25
Price/Sales High	1.32	1.31	1.82	1.45	1.27	1.24	1.07	1.18	1.08	0.9	1.19	1.29	1.01	1.1	1.49
Price/Sales Low	0.7	0.74	0.84	1.01	0.9	0.91	0.76	0.78	0.57	0.53	0.35	0.8	0.54	0.7	0.98
Price/Cash Flow	10.34	-13.37	-17.06	-8.6	-12.36	-25.54	18.66	15.16	7.78	12.81	5.6	12.72	7.79	7	19.74
Price/Cash Flow Average	10.56	-12.74	-12.79	-9.05	-10.46	-24.44	19.78	12.36	9.88	10.87	4.73	11.57	7.56	6.03	18.43
Price/Cash Flow High	14.83	-15.65	-17.63	-10.68	-12.56	-27.95	23.03	15.25	13.14	13.45	6.41	13.85	10.43	7.29	21.93
Price/Cash Flow Low	7.87	-8.82	-8.12	-7.43	-8.92	-20.57	16.29	10.1	6.96	8.01	1.88	8.59	5.55	4.62	14.48
Price/Free Cash Flow	10.48	-14.71	-20.12	-10.31	-14.36	-36.72	17.13	13.61	7.24	12.11	5.51	12.4	7.66	6.86	18.42
Price/Free Cash Flow Average	10.7	-14.01	-15.09	-10.84	-12.15	-35.14	18.16	11.1	9.19	10.27	4.65	11.28	7.43	5.91	17.2
Price/Free Cash Flow High	15.03	-17.21	-20.8	-12.8	-14.59	-40.19	21.14	13.69	12.22	12.71	6.3	13.5	10.25	7.15	20.47
Price/Free Cash Flow Low	7.97	-9.7	-9.58	-8.91	-10.36	-29.58	14.96	9.07	6.47	7.57	1.84	8.38	5.45	4.54	13.52
EV/Sales	2.01	2.41	2.82	1.93	1.91	1.74	1.33	1.6	1.06	1.22	1.25	1.32	0.8	1.02	1.32
EV/Sales Average	2.03	2.35	2.38	1.99	1.72	1.69	1.39	1.39	1.23	1.09	1.09	1.21	0.78	0.87	1.23
EV/Sales High	2.41	2.6	2.88	2.21	1.93	1.85	1.54	1.61	1.5	1.26	1.4	1.43	1.06	1.06	1.47
EV/Sales Low	1.79	2.02	1.9	1.77	1.56	1.52	1.22	1.21	0.99	0.9	0.56	0.94	0.58	0.66	0.97
EV/EBITDA	44.81	59.59	33.63	16	15.46	14.58	11.09	14.42	10.48	10.55	8.68	6.85	3.92	6.28	9.43
EV/EBITDA Average	45.25	58.28	28.37	16.5	13.92	14.21	11.56	12.51	12.19	9.45	7.56	6.3	3.82	5.38	8.81
EV/EBITDA High	53.74	64.31	34.34	18.35	15.64	15.51	12.82	14.52	14.84	10.94	9.74	7.41	5.18	6.56	10.5
EV/EBITDA Low	39.89	50.15	22.62	14.68	12.65	12.77	10.21	10.93	9.82	7.81	3.87	4.86	2.86	4.07	6.89
EV/EBIT	49.68	71.97	36.62	16.71	16.11	15.17	11.53	15.14	10.96	10.94	8.94	6.97	3.97	6.4	9.66
EV/EBIT Average	50.17	70.39	30.89	17.23	14.5	14.78	12.02	13.13	12.75	9.8	7.79	6.41	3.87	5.49	9.02
EV/EBIT High	59.58	77.67	37.39	19.16	16.3	16.14	13.33	15.24	15.52	11.35	10.04	7.53	5.25	6.69	10.75
EV/EBIT Low	44.23	60.57	24.63	15.33	13.18	13.29	10.62	11.47	10.27	8.1	3.99	4.94	2.9	4.15	7.06
Last Price	15.19	18.41	38.04	35.76	47.24	51.21	42.54	62.78	42.73	59.65	75.86	105.05	87.83	127.92	174.39
High Price	21.79	21.54	39.33	44.4	48	56.04	52.49	63.15	72.17	62.63	86.8	114.39	117.54	133.24	193.8
Low Price	11.56	12.14	18.12	30.9	34.09	41.25	37.14	41.83	38.23	37.29	25.42	70.97	62.54	84.51	127.94
Enterprise Value	6,178	7,447	11,582	11,460	14,852	16,473	14,555	20,267	21,815	27,154	28,081	35,804	26,980	34,835	46,827
Enterprise Value Average	6,239	7,284	9,771	11,819	13,370	16,053	15,174	17,576	25,367	24,326	24,472	32,937	26,242	29,852	43,727
Enterprise Value High	7,410	8,036	11,828	13,139	15,025	17,527	16,826	20,412	30,886	28,155	31,520	38,710	35,626	36,380	52,148
Enterprise Value Low	5,501	6,267	7,789	10,516	12,156	14,431	13,406	15,356	20,434	20,086	12,528	25,397	19,686	22,574	34,233

Per Share Data Items	2010 Y	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
Shares Outstanding	190	192	195	209	209	215	239	240	324	316	313	299	290	281	268
Diluted Weighted Avg Shares	193	199	223	230	233	235	235	237	309	318	309	307	290	283	272
Basic Weighted Avg Shares	187	188	190	194	206	209	223	237	308	318	309	307	290	283	272
Revenue per Share	16.47	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
EBITDA per Share	0.74	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
Operating Income per Share	0.67	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
Basic EPS, GAAP	0.51	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
Basic EPS from Cont Ops	0.65	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
Diluted EPS, GAAP	0.49	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
Diluted EPS from Cont Ops	0.63	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
Dividend per Share	0.16	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
Cash Flow per Share	1.47	-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
Free Cash Flow per Basic Share	1.44	-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
Cash & Equivalents per Share	7.47	6.18	6.88	5	6.3	5.74	6.21	11.42	5.07	4.7	9.43	9.66	16.61	22.99	18.2
Book Value per Share	4.9	5.19	8.54	10.68	13	16.49	19.44	20.52	21.17	26.16	34.26	48.01	65.18	79.06	94.78
Tangible Book Value per Share	16.93	17.37	20.84	23.64	25.27	28.24	32.19	32.85	35.73	38.87	46.76	56.63	71.11	81.43	89.66

Lennar Corporation

Profitability

Credit

Liquidity

Working Capital

Enterprise Value

Multiples

Per Share Data Items