Franklin Street Properties (FSP) Non Operating Interest Expenses (2009 - 2024)
Franklin Street Properties' (FSP) quarterly Non Operating Interest Expenses came in at $6.8 million in Q1 2024, up 17.91% year-over-year from $5.8 million in Q2 2023, and up 10.08% quarter-over-quarter from $6.2 million in Q4 2023.
Analysis
Franklin Street Properties (FSP) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
Franklin Street Properties (FSP) has reported Non Operating Interest Expenses for 16 consecutive years, with $6.8 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 17.91% year-over-year to $6.8 million in Q1 2024; TTM through Mar 2024 was $25.4 million, a 9.08% increase from a year earlier, with the FY2023 full-year figure at $24.3 million, up 6.62% from the prior year.
- Non Operating Interest Expenses was $6.8 million for Q1 2024 at Franklin Street Properties, up from $6.2 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $10.1 million in Q2 2021 and troughed at $5.4 million in Q1 2022.
- A 5-year average of $7.2 million and a median of $6.2 million in 2023 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses sank 43.66% in 2022 and advanced 17.91% in 2024, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $9.0 million in 2020, then slumped by 36.98% to $5.7 million in 2021, then declined by 0.4% to $5.7 million in 2022, then rose by 9.72% to $6.2 million in 2023, then gained by 10.08% to $6.8 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $6.8 million (Q1 2024), $6.2 million (Q4 2023), and $6.2 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield Property Partners | 15.48 Bn | 13.99 Bn | - | 879.00 Mn |
| 2 | Alexandria Real Estate Equities | 8.61 Bn | 7.50 Bn | - | 64.34 Mn |
| 3 | Cousins Properties | 4.59 Bn | 4.59 Bn | 183.86 Mn | 47.06 Mn |
| 4 | Kilroy Realty | 4.11 Bn | 4.11 Bn | 212.24 Mn | 41.63 Mn |
| 5 | Copt Defense Properties | 3.97 Bn | 3.97 Bn | 191.37 Mn | 24.44 Mn |
| 6 | Sl Green Realty | 3.71 Bn | 3.71 Bn | 263.98 Mn | - |
| 7 | Highwoods Properties | 3.33 Bn | 2.99 Bn | - | 41.69 Mn |
| 8 | Douglas Emmett | 1.81 Bn | 1.45 Bn | 178.95 Mn | 68.26 Mn |
| 9 | Alexanders | 1.32 Bn | 1.01 Bn | - | 10.80 Mn |
| 10 | Franklin Street Properties | 39.15 Mn | 8.58 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 6.85 Mn |
| Dec 31, 2023 | 6.22 Mn |
| Sep 30, 2023 | 6.21 Mn |
| Jun 30, 2023 | 6.08 Mn |
| Mar 31, 2023 | 5.81 Mn |
| Dec 31, 2022 | 5.67 Mn |
| Sep 30, 2022 | 6.11 Mn |
| Jun 30, 2022 | 5.66 Mn |
| Mar 31, 2022 | 5.37 Mn |
| Dec 31, 2021 | 5.69 Mn |
| Sep 30, 2021 | 7.93 Mn |
| Jun 30, 2021 | 10.05 Mn |
| Mar 31, 2021 | 8.60 Mn |
| Dec 31, 2020 | 9.03 Mn |
| Sep 30, 2020 | 8.95 Mn |
| Jun 30, 2020 | 8.98 Mn |
| Mar 31, 2020 | 9.06 Mn |
| Dec 31, 2019 | 8.98 Mn |
| Sep 30, 2019 | 9.04 Mn |
| Jun 30, 2019 | 9.37 Mn |