AGNC Investment (AGNC) Non Operating Interest Expenses (2010 - 2024)
AGNC Investment (AGNC) recorded Non Operating Interest Expenses of $820 million in Q3 2024, up 26.9% from $646 million a year earlier and up 17.5% from the prior quarter.
AGNC Investment (AGNC) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
On a TTM basis, AGNC Investment's Non Operating Interest Expenses came in at $2.86 billion as of Sep 30, 2024, up 47.0% year-over-year; for FY2023, it came in at $2.29 billion, up 265.9% from FY2022.
- Annual Non Operating Interest Expenses has a five-year compound annual growth rate of 14.3% (FY2018 to FY2023).
- Across earlier years, Non Operating Interest Expenses came in at $625 million in FY2022 (+733.3%), $75 million in FY2021 (-88.9%), $674 million in FY2020 (-68.6%) and $2.15 billion in FY2019 (+83.2%).
- The Q3 2024 figure is the highest quarterly Non Operating Interest Expenses in data going back to Q1 2010.
- On a year-over-year basis, Non Operating Interest Expenses has increased for six consecutive quarters, with growth averaging 167.2% over the last six quarters.
- Peak year-over-year performance for Non Operating Interest Expenses in the last five years was growth of 557.5% in Q2 2023, against a decline of 93.2% in Q1 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $698 million (Q2 2024), $672 million (Q1 2024) and $666 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 374.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 281.69 Mn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 118.51 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 214.00 Mn |
| 10 | AGNC Investment | 10.56 Bn | 8.71 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 820.00 Mn |
| Jun 30, 2024 | 698.00 Mn |
| Mar 31, 2024 | 672.00 Mn |
| Dec 31, 2023 | 666.00 Mn |
| Sep 30, 2023 | 646.00 Mn |
| Jun 30, 2023 | 526.00 Mn |
| Mar 31, 2023 | 449.00 Mn |
| Dec 31, 2022 | 322.00 Mn |
| Sep 30, 2022 | 196.00 Mn |
| Jun 30, 2022 | 80.00 Mn |
| Mar 31, 2022 | 27.00 Mn |
| Dec 31, 2021 | 15.00 Mn |
| Sep 30, 2021 | 14.00 Mn |
| Jun 30, 2021 | 17.00 Mn |
| Mar 31, 2021 | 29.00 Mn |
| Dec 31, 2020 | 52.00 Mn |
| Sep 30, 2020 | 62.00 Mn |
| Jun 30, 2020 | 134.00 Mn |
| Mar 31, 2020 | 426.00 Mn |
| Dec 31, 2019 | 481.00 Mn |
AGNC Investment Non Operating 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=non-operating-interest-expenses&ticker=AGNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "AGNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=AGNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();