Lennar (LEN) Asset Writedowns and Impairment (2009 - 2018)
Lennar (LEN) posted Asset Writedowns and Impairment of $30.5 million for Q4 2018, up 1112.83% sequentially from $2.5 million in Q3 2018, and down 18.7% YoY from $37.5 million in Q4 2017.
Lennar (LEN) Asset Writedowns and Impairment (2009 - 2018) Analysis & Trends
Lennar has reported Asset Writedowns and Impairment for 10 years, with the latest figure at $30.5 million in Q4 2018.
- Quarterly Asset Writedowns and Impairment fell 18.7% year-over-year to $30.5 million in Q4 2018, while the trailing twelve-month figure through Aug 2019 was $30.5 million (down 33.74% YoY) and the FY2018 annual result came in at $39.1 million, down 60.06% from the prior year.
- Asset Writedowns and Impairment grew to $30.5 million in Q4 2018 per LEN's latest filing, from $2.5 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $68.4 million in Q4 2014 and troughed at -$6.7 million in Q2 2014.
- A 5-year average of $14.2 million and a median of $9.0 million in 2014 frame the typical range for Asset Writedowns and Impairment.
- The widest YoY moves for Asset Writedowns and Impairment: up 728.2% in 2014, down 295.83% in 2014.
- Over 5 years, Asset Writedowns and Impairment stood at $68.4 million in 2014, then slumped by 86.91% to $9.0 million in 2015, then surged by 104.47% to $18.3 million in 2016, then jumped by 105.1% to $37.5 million in 2017, then declined by 18.7% to $30.5 million in 2018.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $30.5 million, $2.5 million, and $523000.0 for Q4 2018, Q3 2018, and Q2 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Horton D R | 41.98 Bn | 39.85 Bn | 2.15 Bn |
| 2 | Pultegroup | 24.45 Bn | 23.08 Bn | 1.06 Bn |
| 3 | Lennar | 20.97 Bn | 18.79 Bn | 7.69 Bn |
| 4 | Nvr | 17.21 Bn | 16.12 Bn | 485.14 Mn |
| 5 | Toll Brothers | 14.01 Bn | 12.90 Bn | 604.89 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn |
| 7 | Installed Building Products | 6.61 Bn | 6.21 Bn | 258.90 Mn |
| 8 | Champion Homes | 5.07 Bn | 4.43 Bn | - |
| 9 | Meritage Homes | 4.73 Bn | 3.93 Bn | 254.14 Mn |
| 10 | Cavco Industries | 4.55 Bn | 4.29 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Nov 30, 2018 | 30.53 Mn |
| Nov 30, 2018 | 30.53 Mn |
| Aug 31, 2018 | 2.52 Mn |
| Aug 31, 2018 | 2.52 Mn |
| May 31, 2018 | 523,000.00 |
| May 31, 2018 | 523,000.00 |
| Feb 28, 2018 | 5.49 Mn |
| Feb 28, 2018 | 5.49 Mn |
| Nov 30, 2017 | 37.55 Mn |
| Nov 30, 2017 | 37.55 Mn |
| Aug 31, 2017 | 14.43 Mn |
| Aug 31, 2017 | 14.43 Mn |
| May 31, 2017 | 20.32 Mn |
| May 31, 2017 | 20.32 Mn |
| Feb 28, 2017 | 25.48 Mn |
| Feb 28, 2017 | 25.48 Mn |
| Nov 30, 2016 | 18.31 Mn |
| Nov 30, 2016 | 18.31 Mn |
| Aug 31, 2016 | 11.02 Mn |
| Aug 31, 2016 | 11.02 Mn |