Lennar (Lennar) Tax Rate % : 22.65% (As of Feb. 2024)

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What is Lennar Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lennar's Tax Expense for the three months ended in Feb. 2024 was $211 Mil. Lennar's Pre-Tax Income for the three months ended in Feb. 2024 was $931 Mil. Therefore, Lennar's Tax Rate % for the quarter that ended in Feb. 2024 was 22.65%.

Lennar Tax Rate % Historical Data

The historical data trend for Lennar's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lennar Tax Rate % Chart

Lennar Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Tax Rate %

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24.33

21.01

23.41

22.71

23.86

Lennar Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Tax Rate %	Get a 7-Day Free Trial															23.60	24.24	24.28	23.36	22.65

Lennar Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Lennar's Tax Rate % for the fiscal year that ended in Nov. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Nov. 2023 )	/	Pre-Tax Income (A: Nov. 2023 )
	=	1241.013	/	5202.304
	=	23.86 %

Lennar's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Feb. 2024 )	/	Pre-Tax Income (Q: Feb. 2024 )
	=	210.865	/	930.786
	=	22.65 %

Lennar Tax Rate % Related Terms

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Lennar (Lennar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Lennar Corp (NYSE:LEN) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

LEN.B:USA LEN:Mexico LNN0:Germany LNN:Germany LNN:Germany L1EN34:Brazil

Address

5505 Blue Lagoon Drive, Miami, FL, USA, 33126

Website

https://www.lennar.com

Based on the number of delivered homes, Lennar is the second-largest public homebuilder in the United States, behind D.R. Horton. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups.

Executives

Amy Banse	director	345 PARK AVENUE, SAN JOSE CA 95110
Dacona Smith	director	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Serena Wolfe	director	ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
Jeffrey Joseph Mccall	officer: Senior Vice President	26 TECHNOLOGY DRIVE, IRVINE CA 92618
Diane J Bessette	officer: Vice President and Controller	LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
David M Collins	officer: Controller	LENNAR CORPORATION, 700 NW 107 AVENUE STE 400, MIAMI FL 33172
Mark Sustana	officer: General Counsel and Secretary	LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Jonathan M Jaffe	director, officer: Vice President	LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Scott D Stowell	director
Irving Bolotin	director	LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Armando J Olivera	director	C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Steven L Gerard	director	P.O. BOX 554, MILWAUKEE WI 53201-0554
Sherrill W Hudson	director	201 SOUTH BISCAYNE BOULEVARD, 34TH FLOOR, MIAMI CENTER, MIAMI FL 33131
Jeffrey Sonnenfeld	director	14 WALL ST 13TH FL, NEW YORK NY 10005
Theron I Gilliam	director	GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084