Fortune has released the latest edition of its annual list of the 100 Fastest-Growing Companies, ranking Lennar at #35 – the highest ranking on the list for a homebuilding company. According to Fortune, the list is compiled of public companies with the most stellar three-year profit, revenue, and stock growth. In selecting Lennar, Fortune highlighted the company’s strong financial performance in 2014: “Industry rebound makes for mighty mighty $1.8 billion in second quarter 2014 revenue (up 28% year over year) for homebuilder.” The list provides a snapshot of the economy’s hottest areas in the recent past, with one quarter of the companies in the oil or natural gas industries. The more surprising results were found in the runner-up categories, which reveal a resurgence in financial services and housing/real estate. [Read this article]
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