Business Segments · Interest capitalized

Homebuilding — Interest capitalized

Lennar Homebuilding — Interest capitalized remained flat by 0.0% to $42.68M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 54.5%, from $27.63M to $42.68M. Over 4 years (FY 2021 to FY 2025), Homebuilding — Interest capitalized shows a downward trend with a -9.5% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ4 2025

How to read this metric

Higher capitalization often reflects increased investment in long-term land development or larger inventory pipelines.

Detailed definition

The portion of interest costs associated with debt that is added to the cost basis of inventory, such as land under deve...

Peer comparison

Common in capital-intensive industries like real estate and construction.

Metric ID: len_segment_homebuilding_interest_capitalized

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$254.90M$211.70M$172.00M$110.50M$170.70M
YoY Change-16.9%-18.8%-35.8%+54.5%
Range$110.50M$254.90M
CAGR-9.5%
Avg YoY Growth-4.2%
Median YoY Growth-17.9%

Frequently Asked Questions

What is Lennar's homebuilding — interest capitalized?
Lennar (LEN) reported homebuilding — interest capitalized of $42.68M in Q3 2025.
How has Lennar's homebuilding — interest capitalized changed year-over-year?
Lennar's homebuilding — interest capitalized increased by 54.5% year-over-year, from $27.63M to $42.68M.
What is the long-term trend for Lennar's homebuilding — interest capitalized?
Over 4 years (2021 to 2025), Lennar's homebuilding — interest capitalized has grown at a -9.5% compound annual growth rate (CAGR), from $254.90M to $170.70M.
What does homebuilding — interest capitalized mean?
Interest costs added to the value of inventory rather than expensed immediately.