Drilling Tools International (DTI) Non Operating Interest Expenses (2022 - 2024)
Drilling Tools International (DTI) posted Non Operating Interest Expenses of $2.3 million for Q4 2024, down 7.41% on a QoQ basis from $2.4 million in Q3 2024, and up 1096.83% year-over-year from $189000.0 in Q1 2024.
Analysis
Drilling Tools International (DTI) Non Operating Interest Expenses (2022 - 2024) Analysis & Trends
Drilling Tools International has reported Non Operating Interest Expenses for 3 years, with the latest figure at $2.3 million in Q4 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 1096.83% year-over-year to $2.3 million in Q4 2024; TTM through Dec 2024 was $6.6 million, a 34.52% increase from a year earlier, with the FY2024 full-year figure at $7.5 million, up 17.99% from the prior year.
- Non Operating Interest Expenses was $2.3 million for Q4 2024 at Drilling Tools International, down from $2.4 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $4.4 million in Q2 2023, with the low at $23000.0 in Q2 2022.
- Average Non Operating Interest Expenses over 3 years is $1.3 million, with a median of $189000.0 recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Non Operating Interest Expenses soared 18952.17% in 2023, then plunged 61.84% in 2024.
- Over 3 years, Non Operating Interest Expenses stood at $175000.0 in 2022, then grew by 8.0% to $189000.0 in 2023, then soared by 1096.83% to $2.3 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $2.3 million (Q4 2024), $2.4 million (Q3 2024), and $1.7 million (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 30.87 Bn | 29.63 Bn | 1.40 Bn | 10.70 Mn |
| 2 | Nov | 7.72 Bn | 6.56 Bn | 521.00 Mn | 21.00 Mn |
| 3 | Cactus | 4.82 Bn | 4.46 Bn | 215.38 Mn | - |
| 4 | Enerflex | 2.77 Bn | 2.69 Bn | 139.00 Mn | 455.00 Mn |
| 5 | Innovex International | 2.06 Bn | 1.83 Bn | 83.65 Mn | -653,000.00 |
| 6 | Forum Energy Technologies | 911.33 Mn | 877.61 Mn | 71.35 Mn | 125,000.00 |
| 7 | Flowco Holdings | 898.72 Mn | 898.72 Mn | 49.17 Mn | 5.60 Mn |
| 8 | Oil States International | 509.94 Mn | 490.13 Mn | 38.71 Mn | - |
| 9 | OMS Energy Technologies | 197.41 Mn | 43.45 Mn | - | - |
| 10 | Drilling Tools International | 91.89 Mn | 89.37 Mn | 24.94 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 2.26 Mn |
| Sep 30, 2024 | 2.44 Mn |
| Jun 30, 2024 | 1.67 Mn |
| Dec 31, 2023 | 189,000.00 |
| Sep 30, 2023 | 135,000.00 |
| Jun 30, 2023 | 4.38 Mn |
| Dec 31, 2022 | 175,000.00 |
| Sep 30, 2022 | 114,000.00 |
| Jun 30, 2022 | 23,000.00 |