Claros Mortgage Trust (CMTG) Interest Expenses (2020 - 2022)
Claros Mortgage Trust (CMTG) reported Interest Expenses of $5.0 million for Q4 2022, up 87.89% on a YoY basis from $2.6 million in Q4 2021, and up 27.18% quarter-over-quarter from $3.9 million in Q3 2022.
Claros Mortgage Trust (CMTG) Interest Expenses (2020 - 2022) Analysis & Trends
Claros Mortgage Trust has reported Interest Expenses for 3 years, with the latest figure at $5.0 million in Q4 2022.
- For the quarter ending Q4 2022, Interest Expenses rose 87.89% year-over-year to $5.0 million; the trailing twelve-month figure through Sep 2023 stood at $5.0 million (down 58.1% YoY), and the FY2022 full-year result was $14.2 million, down 9.42% from the prior year.
- Interest Expenses for Q4 2022 stood at $5.0 million, up from $3.9 million in the prior quarter.
- The five-year high for Interest Expenses was $43.2 million in Q4 2020, with the low at $1.5 million in Q1 2021.
- Historically, Interest Expenses has averaged $11.3 million across 3 years, with a median of $3.3 million in 2022.
- Annual changes were most pronounced in 2021 — Interest Expenses slumped 93.88% — and 2022, when it surged 87.89%.
- Claros Mortgage Trust's Interest Expenses stood at $43.2 million in 2020, then tumbled by 93.88% to $2.6 million in 2021, then jumped by 87.89% to $5.0 million in 2022.
- The last three Interest Expenses figures came in at $5.0 million (Q4 2022), $3.9 million (Q3 2022), and $2.7 million (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 1.27 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 731.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 328.91 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 220.74 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 178.14 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 88.25 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 95.16 Mn |
| 10 | Claros Mortgage Trust | 339.90 Mn | 305.79 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 4.96 Mn |
| Dec 31, 2022 | 4.96 Mn |
| Sep 30, 2022 | 3.90 Mn |
| Sep 30, 2022 | 3.90 Mn |
| Jun 30, 2022 | 2.72 Mn |
| Jun 30, 2022 | 2.72 Mn |
| Mar 31, 2022 | 2.58 Mn |
| Mar 31, 2022 | 2.58 Mn |
| Dec 31, 2021 | 2.64 Mn |
| Dec 31, 2021 | 2.64 Mn |
| Sep 30, 2021 | 2.64 Mn |
| Sep 30, 2021 | 2.64 Mn |
| Jun 30, 2021 | 8.89 Mn |
| Jun 30, 2021 | 8.89 Mn |
| Mar 31, 2021 | 1.48 Mn |
| Mar 31, 2021 | 1.48 Mn |
| Dec 31, 2020 | 43.15 Mn |
| Dec 31, 2020 | 43.15 Mn |
| Sep 30, 2020 | 39.74 Mn |
| Sep 30, 2020 | 39.74 Mn |