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| Date | Value |
|---|---|
| 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 |