• Lennar average net profit margin for 2023 was 12.28%, a 12.1% decline from 2022.
• Lennar average net profit margin for 2022 was 13.97%, a 4.9% decline from 2021.
• Lennar average net profit margin for 2021 was 14.69%, a 52.23% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.