Discontinued — last reported Q4 '24
Lennar Lennar Homebuilding East Central West Houstonand Other — Interest Expense remained flat by 0.0% to $45.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 30.2%, from $64.47M to $45.00M. Over 3 years (FY 2021 to FY 2024), Lennar Homebuilding East Central West Houstonand Other — Interest Expense shows a downward trend with a -21.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase may indicate higher debt levels or rising interest rates impacting regional operations, while a decrease suggests improved debt management or reduced borrowing.
This represents the interest costs incurred specifically by the East, Central, West, Houston, and Other homebuilding ope...
Similar to interest expense allocations in other large homebuilders with regional reporting structures.
len_segment_lennar_homebuilding_east_central_west_houstonand_other_interest_expense| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $365.37M | $312.73M | $257.89M | $179.99M |
| YoY Change | — | -14.4% | -17.5% | -30.2% |