Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lennar's Tax Expense for the
three
months ended in Feb. 2022 was $167 Mil. Lennar's Pre-Tax Income for the
three
months ended in Feb. 2022 was $677 Mil. Therefore, Lennar's Tax Rate % for the quarter that ended in Feb. 2022 was 24.74%.
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.
* Premium members only.
Lennar Annual Data
Trend
Nov12
Nov13
Nov14
Nov15
Nov16
Nov17
Nov18
Nov19
Nov20
Nov21
Tax Rate %
35.13
24.09
24.33
21.01
23.41
Lennar Quarterly Data
May17
Aug17
Nov17
Feb18
May18
Aug18
Nov18
Feb19
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
Tax Rate %
23.37
23.71
22.33
24.49
24.74
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. 2021 is calculated as
* 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.
Lennar Tax Rate % Related Terms
Thank you for viewing the detailed overview of Lennar's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.
After merging with CalAtlantic in February 2018, Lennar has become the largest public homebuilder (by revenue) in the United States. 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.
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