Clarivate (CLVT) Interest Expenses (2018 - 2023)
Clarivate's (CLVT) quarterly Interest Expenses came in at $75.2 million in Q4 2023, down 2.34% on a YoY basis from $77.0 million in Q4 2022, and up 4.59% quarter-over-quarter from $71.9 million in Q3 2023.
Analysis
Clarivate (CLVT) Interest Expenses (2018 - 2023) Analysis & Trends
Clarivate (CLVT) has reported Interest Expenses for 6 consecutive years, with $75.2 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Interest Expenses fell 2.34% year-over-year to $75.2 million; the trailing twelve-month figure through Dec 2023 stood at $293.7 million (up 8.66% YoY), and the FY2023 full-year result was $293.7 million, up 8.66% from the prior year.
- Interest Expenses grew to $75.2 million in Q4 2023 per CLVT's latest filing, from $71.9 million in the prior quarter.
- Across five years, Interest Expenses topped out at $111.3 million in Q4 2021 and bottomed at $20.2 million in Q3 2020.
- Historically, Interest Expenses has averaged $54.3 million across 5 years, with a median of $60.9 million in 2022.
- The sharpest annual moves came in 2019 and 2020: Interest Expenses jumped 379.58% in 2019, then sank 43.63% in 2020.
- Over 5 years, Interest Expenses stood at $63.8 million in 2019, then plunged by 37.89% to $39.6 million in 2020, then soared by 181.1% to $111.3 million in 2021, then tumbled by 30.82% to $77.0 million in 2022, then slipped by 2.34% to $75.2 million in 2023.
- According to Business Quant data, Interest Expenses over the past three periods registered $75.2 million, $71.9 million, and $73.0 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Thomson Reuters | 43.32 Bn | 42.27 Bn | - | -47.00 Mn |
| 2 | Docusign | 12.35 Bn | 11.58 Bn | 697.87 Mn | 569,000.00 |
| 3 | Workiva | 3.89 Bn | 3.07 Bn | 205.27 Mn | 3.19 Mn |
| 4 | Vertex | 1.98 Bn | 1.75 Bn | 131.30 Mn | - |
| 5 | Clarivate | 1.20 Bn | 978.54 Mn | 401.80 Mn | - |
| 6 | Donnelley Financial Solutions | 1.18 Bn | 1.16 Bn | 148.00 Mn | - |
| 7 | Legalzoom.Com | 1.01 Bn | 845.85 Mn | 139.93 Mn | 126,000.00 |
| 8 | Telos | 295.21 Mn | 244.56 Mn | 16.69 Mn | 107,000.00 |
| 9 | CS Disco | 263.97 Mn | 162.57 Mn | 32.11 Mn | - |
| 10 | Audioeye | 99.61 Mn | 90.89 Mn | 8.45 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 |