Forrester Research (FORR) Interest Expenses (2019 - 2022)
Forrester Research (FORR) recorded Interest Expenses of $729,000 in Q4 2022, down 24.9% from $971,000 a year earlier but up 24.8% from the prior quarter.
Forrester Research (FORR) Interest Expenses (2019 - 2022) Analysis & Trends
For FY2022, Forrester Research reported Interest Expenses of $2.46 million, down 41.7% from FY2021.
- Annual Interest Expenses has declined for three straight years, with a three-year compound annual growth rate of -32.6% (FY2019 to FY2022).
- Across earlier years, Interest Expenses came in at $4.22 million in FY2021 (-20.9%), $5.34 million in FY2020 (-33.7%) and $8.05 million in FY2019.
- Quarterly Interest Expenses has ranged from $535,000 in Q2 2022 to $2.35 million in Q1 2019 over the past five years.
- On a year-over-year basis, Interest Expenses has declined for 12 consecutive quarters, with an average decline of 31.0% over the last eight quarters.
- The year-over-year decline in Interest Expenses has ranged between 16.1% (Q3 2021) and 49.8% (Q2 2022) over the last five years.
- Per Business Quant, the preceding three quarters came in at $584,000 (Q3 2022), $535,000 (Q2 2022) and $613,000 (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 122.50 Bn | 82.91 Bn | 6.13 Bn | 70.65 Mn |
| 2 | Cintas | 78.05 Bn | 77.24 Bn | 1.48 Bn | 25.84 Mn |
| 3 | Iron Mountain | 33.02 Bn | 32.53 Bn | 1.07 Bn | - |
| 4 | APi | 16.68 Bn | 13.72 Bn | 703.00 Mn | 36.00 Mn |
| 5 | Rollins | 14.49 Bn | 14.04 Bn | 569.95 Mn | 9.39 Mn |
| 6 | Aramark | 14.11 Bn | 12.13 Bn | 430.34 Mn | - |
| 7 | UL Solutions | 13.27 Bn | 12.05 Bn | 417.00 Mn | 5.00 Mn |
| 8 | Gartner | 11.78 Bn | 5.47 Bn | 1.19 Bn | 22.27 Mn |
| 9 | Rentokil Initial | 9.98 Bn | 3.32 Bn | - | - |
| 10 | Forrester Research | 221.96 Mn | -39.92 Mn | 56.52 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 729,000.00 |
| Sep 30, 2022 | 584,000.00 |
| Jun 30, 2022 | 535,000.00 |
| Mar 31, 2022 | 613,000.00 |
| Dec 31, 2021 | 971,000.00 |
| Sep 30, 2021 | 1.06 Mn |
| Jun 30, 2021 | 1.07 Mn |
| Mar 31, 2021 | 1.13 Mn |
| Dec 31, 2020 | 1.24 Mn |
| Sep 30, 2020 | 1.26 Mn |
| Jun 30, 2020 | 1.31 Mn |
| Mar 31, 2020 | 1.54 Mn |
| Dec 31, 2019 | 1.71 Mn |
| Sep 30, 2019 | 1.90 Mn |
| Jun 30, 2019 | 2.09 Mn |
| Mar 31, 2019 | 2.35 Mn |
Forrester Research Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=FORR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "FORR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=FORR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();