Lennar
-4.47 %
-25.76 %
Yet to be announced
Company Overview
Lennar Corporation operates as a homebuilder primarily under the Lennar brand in the United States. The company's homebuilding operations include the construction and sale of single-family attached and detached homes. It also offers residential mortgage financing, title insurance, and closing services. Lennar was founded in 1954 and is based in Miami, Florida.
Revenue Sources
PassAfter reviewing Lennar's financial statements and business operations, their primary revenue streams come from homebuilding operations and related financial services. The company's core business activities involve the construction and sale of homes, along with providing mortgage services that facilitate these sales. These activities are halal as they involve the exchange of real assets and services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Nov. 30, 2024 | $9.95b | $8.58b | - | - | 0.00% | 0.00% |
| Aug. 31, 2024 | $9.42b | $8.13b | - | - | 0.00% | 0.00% |
| May 31, 2024 | $8.77b | $7.55b | - | - | 0.00% | 0.00% |
| Feb. 29, 2024 | $7.31b | $6.41b | - | - | 0.00% | 0.00% |
Based on the financial data provided for the last four quarters, Lennar Corporation shows zero interest income and zero interest expense in their financial statements. This suggests that the company's operation model does not materially rely on interest-based income or financing.
Operational Ethics
PassAfter reviewing available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in the United States, and there are no documented current material ties to Israel or the Chinese Communist Party.
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