Clarivate (CLVT) Interest Expenses (2019 - 2023)
Clarivate (CLVT) reported Interest Expenses of $75.2 million for 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.
Clarivate (CLVT) Interest Expenses (2019 - 2023) Analysis & Trends
Clarivate has reported Interest Expenses for 5 years, with the latest figure at $75.2 million 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 Sep 2024 stood at $75.2 million (down 74.55% YoY), and the FY2023 full-year result was $293.7 million, up 8.66% from the prior year.
- Interest Expenses for Q4 2023 stood at $75.2 million, up from $71.9 million in the prior quarter.
- The five-year high for Interest Expenses was $111.3 million in Q4 2021, with the low 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.
- Annual changes were most pronounced in 2020 — Interest Expenses plunged 43.63% — and 2021, when it soared 222.56%.
- Clarivate's Interest Expenses stood at $63.8 million in 2019, then slumped by 37.89% to $39.6 million in 2020, then jumped by 181.1% to $111.3 million in 2021, then sank by 30.82% to $77.0 million in 2022, then retreated by 2.34% to $75.2 million in 2023.
- The last three Interest Expenses figures came in at $75.2 million (Q4 2023), $71.9 million (Q3 2023), and $73.0 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 12.00 Mn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 473.00 Mn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | -39.00 Mn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 63.57 Mn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 7.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 197.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | - |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | - |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | - |
| 10 | Clarivate | 1.54 Bn | 1.30 Bn | 393.40 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 75.20 Mn |
| Dec 31, 2023 | 75.20 Mn |
| Sep 30, 2023 | 71.90 Mn |
| Sep 30, 2023 | 71.90 Mn |
| Jun 30, 2023 | 73.00 Mn |
| Jun 30, 2023 | 73.00 Mn |
| Mar 31, 2023 | 73.60 Mn |
| Mar 31, 2023 | 73.60 Mn |
| Dec 31, 2022 | 77.00 Mn |
| Dec 31, 2022 | 77.00 Mn |
| Sep 30, 2022 | 71.50 Mn |
| Sep 30, 2022 | 71.50 Mn |
| Jun 30, 2022 | 62.30 Mn |
| Jun 30, 2022 | 62.30 Mn |
| Mar 31, 2022 | 59.50 Mn |
| Mar 31, 2022 | 59.50 Mn |
| Dec 31, 2021 | 111.30 Mn |
| Dec 31, 2021 | 111.30 Mn |
| Sep 30, 2021 | 65.30 Mn |
| Sep 30, 2021 | 65.30 Mn |