Air Industries (AIRI) Operating Interest Expenses (2012 - 2023)
Air Industries (AIRI) recorded Operating Interest Expenses of $398,000 in Q3 2023, up 94.1% from $205,000 a year earlier and up 9.9% from the prior quarter.
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Analysis
Air Industries (AIRI) Operating Interest Expenses (2012 - 2023) Analysis & Trends
On a TTM basis, Air Industries' Operating Interest Expenses came in at $1.4 million as of Sep 30, 2023, up 89.1% year-over-year; for FY2022, it was $851,000, up 5.7% from FY2021.
- Annual Operating Interest Expenses has a five-year compound annual growth rate of -24.1% (FY2017 to FY2022).
- Across earlier years, Operating Interest Expenses came in at $805,000 in FY2021 (-16.6%), $965,000 in FY2020 (-69.0%), $3.12 million in FY2019 (-20.5%) and $3.92 million in FY2018 (+15.9%).
- The Q3 2023 figure is the highest quarterly Operating Interest Expenses since Q4 2019.
- On a year-over-year basis, Operating Interest Expenses has increased for three consecutive quarters.
- Peak year-over-year performance for Operating Interest Expenses in the last five years was growth of 122.1% in Q2 2023, against a decline of 83.5% in Q4 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at $362,000 (Q2 2023), $358,000 (Q1 2023) and $285,000 (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Interest Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | - |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | - |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | - |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | - |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | - |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | - |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | - |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | - |
| 10 | Air Industries | 12.51 Mn | 2.87 Mn | 2.48 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 398,000.00 |
| Jun 30, 2023 | 362,000.00 |
| Mar 31, 2023 | 358,000.00 |
| Dec 31, 2022 | 285,000.00 |
| Sep 30, 2022 | 205,000.00 |
| Jun 30, 2022 | 163,000.00 |
| Mar 31, 2022 | 198,000.00 |
| Dec 31, 2020 | 176,000.00 |
| Sep 30, 2020 | 234,000.00 |
| Jun 30, 2020 | 303,000.00 |
| Mar 31, 2020 | 252,000.00 |
| Dec 31, 2019 | 1.07 Mn |
| Sep 30, 2019 | 570,000.00 |
| Jun 30, 2019 | 630,000.00 |
| Mar 31, 2019 | 833,000.00 |
| Dec 31, 2018 | 1.45 Mn |
| Sep 30, 2018 | 830,000.00 |
| Jun 30, 2018 | 860,000.00 |
| Mar 31, 2018 | 776,000.00 |
| Dec 31, 2017 | -255,000.00 |
API Access
Air Industries 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=operating-interest-expenses&ticker=AIRI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-interest-expenses", "ticker": "AIRI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-interest-expenses&ticker=AIRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();