Lennar (LEN) Interest Expenses (2009 - 2016)
Lennar (LEN) recorded Interest Expenses of $1.3 million in fiscal Q4 2016 (quarter ended Nov 30, 2016), down 99.0% from $125.04 million a year earlier but up 33.9% from the prior quarter.
Lennar (LEN) Interest Expenses (2009 - 2016) Analysis & Trends
For FY2016 (ended Nov 30, 2016), Lennar reported Interest Expenses of $4.63 million, down 99.1% from FY2015.
- Annual Interest Expenses has a five-year compound annual growth rate of -59.0% (FY2011 to FY2016).
- Across earlier fiscal years, Interest Expenses came in at $505.19 million in FY2015 (+23.0%), $410.79 million in FY2014 (-26.1%), $555.81 million in FY2013 (+15.5%) and $481.22 million in FY2012 (+21.0%).
- Quarterly Interest Expenses has ranged from $973,000 in fiscal Q3 2016 to $134.65 million in fiscal Q2 2015 over the past five years.
- On a year-over-year basis, Interest Expenses has declined for four consecutive quarters, with an average decline of 19.4% over the last eight quarters.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 50.8% in fiscal Q1 2015, against a decline of 99.3% in fiscal Q3 2016 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $973,000 (Q3 2016), $1.19 million (Q2 2016) and $109.03 million (Q1 2016).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn | - |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn | - |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn | - |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn | 6.99 Mn |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn | - |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | - |
| 7 | Champion Homes | 4.74 Bn | 2.22 Bn | - | - |
| 8 | Cavco Industries | 4.34 Bn | 3.09 Bn | - | - |
| 9 | Meritage Homes | 4.10 Bn | 1.02 Bn | 513.60 Mn | 2.19 Mn |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn | 2.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Nov 30, 2016 | 1.30 Mn |
| Aug 31, 2016 | 973,000.00 |
| May 31, 2016 | 1.19 Mn |
| Feb 29, 2016 | 109.03 Mn |
| Nov 30, 2015 | 125.04 Mn |
| Aug 31, 2015 | 132.12 Mn |
| May 31, 2015 | 134.65 Mn |
| Feb 28, 2015 | 109.30 Mn |
| Nov 30, 2014 | 107.80 Mn |
| Aug 31, 2014 | 101.24 Mn |
| May 31, 2014 | 92.72 Mn |
| Feb 28, 2014 | 72.49 Mn |
| Nov 30, 2013 | 82.71 Mn |
| Aug 31, 2013 | 89.15 Mn |
| May 31, 2013 | 89.92 Mn |
| Feb 28, 2013 | 79.78 Mn |
| Nov 30, 2012 | 87.82 Mn |
| Aug 31, 2012 | 81.44 Mn |
| May 31, 2012 | 70.62 Mn |
| Feb 29, 2012 | 59.97 Mn |
Lennar Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=LEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "LEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=LEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();