Borgwarner (BWA) Interest Expenses (2009 - 2023)
Borgwarner (BWA) recorded quarterly Interest Expenses of $12.0 million in Q2 2023, up 20.0% quarter-over-quarter from $10.0 million in Q1 2023, and down 20.0% on a YoY basis from $15.0 million in Q2 2022.
Borgwarner (BWA) Interest Expenses (2009 - 2023) Analysis & Trends
Borgwarner's Interest Expenses history runs 15 years deep, the most recent figure standing at $12.0 million for 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 was $12.0 million for Q2 2023 at Borgwarner, up from $10.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $39.0 million in Q2 2021 to a low of $10.0 million in Q4 2022.
- Historically, Interest Expenses has averaged $15.7 million across 5 years, with a median of $14.5 million in 2019.
- The sharpest annual moves came in 2021 and 2022: Interest Expenses jumped 116.67% in 2021, then sank 61.54% in 2022.
- A 5-year view of Interest Expenses shows it stood at $12.0 million in 2019, then retreated by 8.33% to $11.0 million in 2020, then surged by 63.64% to $18.0 million in 2021, then slumped by 44.44% to $10.0 million in 2022, then gained by 20.0% to $12.0 million in 2023.
- The last three Interest Expenses figures came in at $12.0 million (Q2 2023), $10.0 million (Q1 2023), and $10.0 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 62.75 Mn |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | - |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 8.90 Mn |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | - |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 43.95 Mn |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 89.00 Mn |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | - |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | - |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | - |
| 10 | Autoliv | 9.12 Bn | 8.77 Bn | 526.00 Mn | 26.00 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 |