Lennar Gross Margin 2010-2024 | LEN.B
- Lennar average gross margin for 2023 was 18.51%, a 13.95% decline from 2022.
- Lennar average gross margin for 2022 was 21.51%, a 15.27% decline from 2021.
- Lennar average gross margin for 2021 was 18.66%, a 34.34% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.