Lennar Corp - Company Profile
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Lennar Corp (Lennar) is a home builder. It constructs and sells single-family attached and detached homes. The company also offers real estate related financial services including mortgage financing, title insurance and closing services. It carries out the purchase, acquires land for development and construction of homes and sale of residential land. The company operates its homebuilding operations in several US states such as Florida, North Carolina, New Jersey, Georgia, Maryland, South Carolina, Arizona, Colorado, California, Nevada, Utah, Virginia, Texas, Pennsylvania, Illinois, Minnesota, Oregon, Tennessee, Idaho, and Washington. Lennar is headquartered in Miami, Florida, the US.
Headquarters
United States of America
Address
5505 Waterford District Drive, Miami, Florida, 33126
Website
www.lennar.com
Telephone
1 305 5594000
No of Employees
12,284
Industry
Construction
Ticker Symbol & Exchange
LEN (NYSE)
Revenue (2022)
$34.2B
1.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-14.6%
(2022 vs 2021)
Market Cap*
$42.0B
Net Profit Margin (2022)
XYZ
-16.1%
(2022 vs 2021)
* As of and is in US$
Lennar Corp premium industry data and analytics
Products and Services
| Services |
|---|
| Construction and Sale of Single-Family Attached and Detached Homes |
| Development of Land |
| Insurance Agency |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company partnered with LP Building Solutions to expand the utilization of LP's engineered wood building products. |
| 2024 | Corporate Changes/Expansions | In April, the company opened a new townhome community, Tuscan Springs. |
| 2024 | Corporate Changes/Expansions | In April, the company opened a new single-family home at the master-planned community Tesoro Highlands in Santa Clarita, California, the US. |
Competitor Comparison
| Key Parameters | Lennar Corp | D.R. Horton Inc | PulteGroup Inc | Toll Brothers Inc | NVR Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Miami | Arlington | Atlanta | Fort Washington | Reston |
| State/Province | Florida | Texas | Georgia | Pennsylvania | Virginia |
| No. of Employees | 12,284 | 13,450 | 6,382 | 4,800 | 6,300 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Stuart Miller | Chairman | Executive Board | 2018 | 64 |
| Jonathan M. Jaffe | Co-Chief Executive Officer; Director; Co-President | Executive Board | 2020 | 62 |
| Richard Beckwitt | Co-Chief Executive Officer; Co-President; Director | Executive Board | 2020 | 62 |
| Diane J. Bessette | Chief Financial Officer; Vice President; Treasurer | Senior Management | 2018 | 61 |
| Fred Rothman | Chief Operating Officer | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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