Clarivate (CLVT) Interest Expenses (2019 - 2023)
Clarivate's Interest Expenses was $75.2 million in Q4 2023, down 2.3% from $77 million a year earlier but up 4.6% from the prior quarter.
Analysis
Clarivate (CLVT) Interest Expenses (2019 - 2023) Analysis & Trends
For FY2023, Interest Expenses at Clarivate came in at $293.7 million, up 8.7% from FY2022.
- Interest Expenses has now increased for three consecutive years, with a five-year compound annual growth rate of 17.6% (FY2018 to FY2023).
- In earlier years, Interest Expenses was $270.3 million in FY2022 (+7.0%), $252.5 million in FY2021 (+125.6%), $111.9 million in FY2020 (-29.0%) and $157.69 million in FY2019 (+20.6%).
- Quarterly Interest Expenses has moved between $20.24 million (Q3 2020) and $111.3 million (Q4 2021) over five years.
- Compared with a year earlier, Interest Expenses was higher in six of the last eight quarters, with growth averaging 17.3%.
- The best year-over-year quarter for Interest Expenses over five years was Q3 2021 (growth of 222.6%); the worst was Q2 2020 (a decline of 43.6%).
- Per Business Quant data, CLVT's Interest Expenses in the three quarters before Q4 2023 was $71.9 million (Q3 2023), $73 million (Q2 2023) and $73.6 million (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 466.13 Bn | 435.08 Bn | 1.64 Bn | - |
| 2 | Oracle | 383.82 Bn | 255.95 Bn | - | 1.43 Bn |
| 3 | Sap Se | 263.61 Bn | 191.39 Bn | 8.40 Bn | -375.44 Mn |
| 4 | Salesforce | 198.89 Bn | 154.76 Bn | 8.70 Bn | 473.00 Mn |
| 5 | ServiceNow | 149.64 Bn | 128.10 Bn | 2.82 Bn | - |
| 6 | Automatic Data Processing | 115.45 Bn | 97.58 Bn | 2.51 Bn | 121.00 Mn |
| 7 | Intuit | 89.90 Bn | 69.25 Bn | 3.44 Bn | 70.00 Mn |
| 8 | Relx | 71.97 Bn | 71.07 Bn | - | - |
| 9 | Thomson Reuters | 48.55 Bn | 45.33 Bn | - | -8.00 Mn |
| 10 | Clarivate | 1.13 Bn | 27.13 Mn | 401.80 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 75.20 Mn |
| Sep 30, 2023 | 71.90 Mn |
| Jun 30, 2023 | 73.00 Mn |
| Mar 31, 2023 | 73.60 Mn |
| Dec 31, 2022 | 77.00 Mn |
| Sep 30, 2022 | 71.50 Mn |
| Jun 30, 2022 | 62.30 Mn |
| Mar 31, 2022 | 59.50 Mn |
| Dec 31, 2021 | 111.30 Mn |
| Sep 30, 2021 | 65.30 Mn |
| Jun 30, 2021 | 38.50 Mn |
| Mar 31, 2021 | 37.40 Mn |
| Dec 31, 2020 | 39.59 Mn |
| Sep 30, 2020 | 20.24 Mn |
| Jun 30, 2020 | 21.12 Mn |
| Mar 31, 2020 | 30.94 Mn |
| Dec 31, 2019 | 63.75 Mn |
| Sep 30, 2019 | 23.37 Mn |
| Jun 30, 2019 | 37.47 Mn |
| Mar 31, 2019 | 33.10 Mn |
API Access
Clarivate 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=CLVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "CLVT", "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=CLVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();