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Finance of America Companies (FOA) Rent Expense (2020 - 2023)

Finance of America Companies filings provide 4 years of Rent Expense readings, the most recent being $2.1 million for Q3 2023.

  • On a quarterly basis, Rent Expense rose 33.06% to $2.1 million in Q3 2023 year-over-year; TTM through Sep 2023 was $29.5 million, a 114.46% increase, with the full-year FY2022 number at $28.4 million, up 21.38% from a year prior.
  • Rent Expense hit $2.1 million in Q3 2023 for Finance of America Companies, down from $2.6 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $22.9 million in Q4 2022 to a low of $1.6 million in Q3 2022.
  • Median Rent Expense over the past 4 years was $6.7 million (2021), compared with a mean of $6.1 million.
  • Biggest five-year swings in Rent Expense: crashed 80.97% in 2022 and later skyrocketed 50.24% in 2023.
  • Finance of America Companies' Rent Expense stood at $6.8 million in 2020, then grew by 21.34% to $8.3 million in 2021, then soared by 176.76% to $22.9 million in 2022, then tumbled by 90.85% to $2.1 million in 2023.
  • The last three reported values for Rent Expense were $2.1 million (Q3 2023), $2.6 million (Q2 2023), and $1.9 million (Q1 2023) per Business Quant data.