Borgwarner (BWA) Interest Expenses (2009 - 2023)

Borgwarner (BWA) posted quarterly Interest Expenses of $12.0 million for Q2 2023, down 20.0% year-over-year from $15.0 million in Q2 2022, and up 20.0% on a QoQ basis from $10.0 million in Q1 2023.

Borgwarner (BWA) Interest Expenses (2009 - 2023) Analysis & Trends

Borgwarner (BWA) has reported Interest Expenses for 15 consecutive years, with $12.0 million the latest figure, recorded in Q2 2023.

  • In Q2 2023, Interest Expenses fell 20.0% year-over-year to $12.0 million; the TTM figure through Mar 2024 stood at $12.0 million (down 74.47% YoY), while the FY2022 annual figure was $52.0 million, down 44.09% from the prior year.
  • Interest Expenses came in at $12.0 million for Q2 2023 at Borgwarner, up from $10.0 million in the prior quarter.
  • The five-year high for Interest Expenses was $39.0 million in Q2 2021, with the low at $10.0 million in Q4 2022.
  • Average Interest Expenses over 5 years is $15.7 million, with a median of $14.5 million recorded in 2019.
  • Across the five-year window, Interest Expenses jumped 116.67% in 2021 and slumped 61.54% in 2022, its largest moves.
  • Year by year, Interest Expenses stood at $12.0 million in 2019, then dropped by 8.33% to $11.0 million in 2020, then surged by 63.64% to $18.0 million in 2021, then tumbled by 44.44% to $10.0 million in 2022, then grew by 20.0% to $12.0 million in 2023.
  • According to Business Quant data, Interest Expenses over the past three periods registered $12.0 million, $10.0 million, and $10.0 million for Q2 2023, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn -
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn -
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn -
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 43.95 Mn
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn -
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 89.00 Mn
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 26.00 Mn
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn 8.90 Mn
10 Mobileye Global 7.90 Bn 6.68 Bn 275.00 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2023 12.00 Mn
Jun 30, 2023 12.00 Mn
Mar 31, 2023 10.00 Mn
Mar 31, 2023 10.00 Mn
Dec 31, 2022 10.00 Mn
Dec 31, 2022 10.00 Mn
Sep 30, 2022 12.00 Mn
Sep 30, 2022 12.00 Mn
Jun 30, 2022 15.00 Mn
Jun 30, 2022 15.00 Mn
Mar 31, 2022 15.00 Mn
Mar 31, 2022 15.00 Mn
Dec 31, 2021 18.00 Mn
Dec 31, 2021 18.00 Mn
Sep 30, 2021 18.00 Mn
Sep 30, 2021 18.00 Mn
Jun 30, 2021 39.00 Mn
Jun 30, 2021 39.00 Mn
Mar 31, 2021 18.00 Mn
Mar 31, 2021 18.00 Mn