Discontinued — last reported Q4 '24
Homebuilding West — Interest Expense
Lennar Homebuilding West — Interest Expense remained flat by 0.0% to $21.15M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 26.8%, from $28.90M to $21.15M. Over 3 years (FY 2021 to FY 2024), Homebuilding West — Interest Expense shows a downward trend with a -21.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Rising expense may indicate higher debt levels or increased interest rates impacting the segment's profitability.
Detailed definition
The portion of interest costs allocated to the West homebuilding segment's operations, including interest on debt used t...
Peer comparison
Standard segment-level interest allocation used by capital-intensive homebuilding firms.
len_segment_homebuilding_west_interest_expenseHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $176.63M | $140.02M | $115.60M | $84.61M |
| YoY Change | — | -20.7% | -17.4% | -26.8% |
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Frequently Asked Questions
- What is Lennar's homebuilding west — interest expense?
- Lennar (LEN) reported homebuilding west — interest expense of $21.15M in Q3 2024.
- How has Lennar's homebuilding west — interest expense changed year-over-year?
- Lennar's homebuilding west — interest expense decreased by 26.8% year-over-year, from $28.90M to $21.15M.
- What is the long-term trend for Lennar's homebuilding west — interest expense?
- Over 3 years (2021 to 2024), Lennar's homebuilding west — interest expense has grown at a -21.8% compound annual growth rate (CAGR), from $176.63M to $84.61M.
- What does homebuilding west — interest expense mean?
- The interest costs specifically attributed to financing the West region's homebuilding activities.