Borgwarner (BWA) Interest Expenses (2009 - 2023)
Borgwarner's Interest Expenses was $12 million in Q2 2023, down 20.0% from $15 million a year earlier but up 20.0% from the prior quarter.
Borgwarner (BWA) Interest Expenses (2009 - 2023) Analysis & Trends
On a trailing twelve-month basis, Borgwarner's Interest Expenses was $44 million through Jun 30, 2023, down 33.3% year-over-year; for FY2022, it was $52 million, down 44.1% from FY2021.
- Interest Expenses shows a five-year compound annual growth rate of -6.0% (FY2017 to FY2022).
- In earlier years, Interest Expenses was $93 million in FY2021 (+52.5%), $61 million in FY2020 (+41.9%), $43 million in FY2019 (-27.1%) and $59 million in FY2018 (-16.9%).
- Quarterly Interest Expenses has moved between $10 million (Q4 2022) and $39 million (Q2 2021) over five years.
- Compared with a year earlier, Interest Expenses has declined for six straight quarters, with an average decline of 19.5% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q2 2021 (growth of 116.7%); the worst was Q2 2022 (a decline of 61.5%).
- Per Business Quant data, BWA's Interest Expenses in the three quarters before Q2 2023 was $10 million (Q1 2023), $10 million (Q4 2022) and $12 million (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 333.79 Bn | 305.49 Bn | 7.76 Bn | 497.00 Mn |
| 2 | Amphenol | 197.60 Bn | 192.18 Bn | 3.55 Bn | 213.70 Mn |
| 3 | Deere | 169.21 Bn | 137.30 Bn | 4.66 Bn | 661.00 Mn |
| 4 | Eaton | 152.39 Bn | 149.57 Bn | 2.86 Bn | 201.00 Mn |
| 5 | Parker-Hannifin | 122.22 Bn | 120.34 Bn | 2.25 Bn | 95.00 Mn |
| 6 | Emerson Electric | 89.77 Bn | 82.51 Bn | 2.66 Bn | - |
| 7 | 3M | 84.26 Bn | 65.66 Bn | 2.68 Bn | - |
| 8 | Vertiv Holdings | 79.29 Bn | 69.91 Bn | 1.23 Bn | 17.40 Mn |
| 9 | Illinois Tool Works | 77.45 Bn | 74.01 Bn | 1.90 Bn | 79.00 Mn |
| 10 | Borgwarner | 11.82 Bn | 2.78 Bn | 721.00 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 12.00 Mn |
| Mar 31, 2023 | 10.00 Mn |
| Dec 31, 2022 | 10.00 Mn |
| Sep 30, 2022 | 12.00 Mn |
| Jun 30, 2022 | 15.00 Mn |
| Mar 31, 2022 | 15.00 Mn |
| Dec 31, 2021 | 18.00 Mn |
| Sep 30, 2021 | 18.00 Mn |
| Jun 30, 2021 | 39.00 Mn |
| Mar 31, 2021 | 18.00 Mn |
| Dec 31, 2020 | 11.00 Mn |
| Sep 30, 2020 | 20.00 Mn |
| Jun 30, 2020 | 18.00 Mn |
| Mar 31, 2020 | 12.00 Mn |
| Dec 31, 2019 | 12.00 Mn |
| Sep 30, 2019 | 15.00 Mn |
| Jun 30, 2019 | 14.00 Mn |
| Mar 31, 2019 | 14.00 Mn |
| Dec 31, 2018 | 14.00 Mn |
| Sep 30, 2018 | 14.00 Mn |
Borgwarner 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=BWA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "BWA", "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=BWA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();