Borgwarner (BWA) Non Operating Interest Expenses (2009 - 2023)
Borgwarner (BWA) recorded Non Operating Interest Expenses of $12 million in Q2 2023, down 20.0% from $15 million a year earlier but up 20.0% from the prior quarter.
Borgwarner (BWA) Non Operating Interest Expenses (2009 - 2023) Analysis & Trends
On a TTM basis, Borgwarner's Non Operating Interest Expenses came in at $44 million as of Jun 30, 2023, down 33.3% year-over-year; for FY2022, it came in at $52 million, down 44.1% from FY2021.
- Annual Non Operating Interest Expenses has a five-year compound annual growth rate of -6.0% (FY2017 to FY2022).
- Across earlier years, Non Operating Interest Expenses came in at $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 Non Operating Interest Expenses has ranged from $10 million in Q4 2022 to $39 million in Q2 2021 over the past five years.
- On a year-over-year basis, Non Operating Interest Expenses has declined for six consecutive quarters, with an average decline of 19.5% over the last eight quarters.
- Peak year-over-year performance for Non Operating Interest Expenses in the last five years was growth of 116.7% in Q2 2021, against a decline of 61.5% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $10 million (Q1 2023), $10 million (Q4 2022) and $12 million (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 323.56 Bn | 295.25 Bn | 7.76 Bn | 135.00 Mn |
| 2 | Amphenol | 180.19 Bn | 174.89 Bn | 3.55 Bn | 213.70 Mn |
| 3 | Deere | 173.53 Bn | 182.29 Bn | 4.66 Bn | 710.00 Mn |
| 4 | Eaton | 143.22 Bn | 140.45 Bn | 2.86 Bn | 201.00 Mn |
| 5 | Parker-Hannifin | 112.51 Bn | 110.65 Bn | 2.25 Bn | 95.00 Mn |
| 6 | 3M | 90.71 Bn | 73.12 Bn | 2.78 Bn | - |
| 7 | Emerson Electric | 89.39 Bn | 82.15 Bn | 2.66 Bn | - |
| 8 | Illinois Tool Works | 79.53 Bn | 76.09 Bn | 1.90 Bn | 79.00 Mn |
| 9 | Vertiv Holdings | 75.29 Bn | 65.91 Bn | 1.23 Bn | 17.40 Mn |
| 10 | Borgwarner | 11.29 Bn | 2.43 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 Non 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=non-operating-interest-expenses&ticker=BWA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-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=non-operating-interest-expenses&ticker=BWA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();