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Lennar (FRA:LNN) 10-Year ROIIC % : 17.24% (As of Nov. 2023)


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What is Lennar 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Lennar's 10-Year ROIIC % for the quarter that ended in Nov. 2023 was 17.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Lennar's 10-Year ROIIC % or its related term are showing as below:

FRA:LNN's 10-Year ROIIC % is ranked better than
72% of 100 companies
in the Homebuilding & Construction industry
Industry Median: 5.505 vs FRA:LNN: 17.24

Lennar 10-Year ROIIC % Historical Data

The historical data trend for Lennar's 10-Year ROIIC % 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 10-Year ROIIC % Chart

Lennar Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.18 12.38 18.06 18.97 17.24

Lennar Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
10-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 17.24 -

Competitive Comparison of Lennar's 10-Year ROIIC %

For the Residential Construction subindustry, Lennar's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lennar's 10-Year ROIIC % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Lennar's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Lennar's 10-Year ROIIC % falls into.



Lennar 10-Year ROIIC % Calculation

Lennar's 10-Year ROIIC % for the quarter that ended in Nov. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 3826.9738062 (Nov. 2023) - 376.2742416 (Nov. 2013) )/( 28727.577 (Nov. 2023) - 7420.27 (Nov. 2013) )
=3450.6995646/21307.307
=16.19%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Lennar  (FRA:LNN) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Lennar 10-Year ROIIC % Related Terms

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Lennar (FRA:LNN) Business Description

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