Discontinued — last reported Q4 '24
Homebuilding Central — Interest Expense
Lennar Homebuilding Central — Interest Expense remained flat by 0.0% to $7.23M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 37.9%, from $11.64M to $7.23M. Over 3 years (FY 2021 to FY 2024), Homebuilding Central — Interest Expense shows a downward trend with a -21.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue may signal rising leverage or higher interest rates, while a decrease suggests debt reduction or lower financing costs.
Detailed definition
The portion of total interest costs allocated to the Central homebuilding segment's operations. This includes interest o...
Peer comparison
Comparable to segment-level interest allocations at other capital-intensive homebuilders.
len_segment_homebuilding_central_interest_expenseHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $58.90M | $62.08M | $46.56M | $28.93M |
| YoY Change | — | +5.4% | -25.0% | -37.9% |
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Frequently Asked Questions
- What is Lennar's homebuilding central — interest expense?
- Lennar (LEN) reported homebuilding central — interest expense of $7.23M in Q3 2024.
- How has Lennar's homebuilding central — interest expense changed year-over-year?
- Lennar's homebuilding central — interest expense decreased by 37.9% year-over-year, from $11.64M to $7.23M.
- What is the long-term trend for Lennar's homebuilding central — interest expense?
- Over 3 years (2021 to 2024), Lennar's homebuilding central — interest expense has grown at a -21.1% compound annual growth rate (CAGR), from $58.90M to $28.93M.
- What does homebuilding central — interest expense mean?
- The cost of borrowing money specifically attributed to the Central homebuilding segment's operations.