Global Industrial (GIC) Interest Expenses (2010 - 2025)
Global Industrial's (GIC) quarterly Interest Expenses came in at $117.9 million in Q1 2026, up 21.92% YoY from $96.7 million in Q1 2025, and up 8969.23% on a QoQ basis from $1.3 million in Q4 2025.
Analysis
Global Industrial (GIC) Interest Expenses (2010 - 2025) Analysis & Trends
Global Industrial (GIC) has 17 years of Interest Expenses data on file, last reported at $117.9 million in Q1 2026.
- Quarterly Interest Expenses rose 21.92% year-over-year to $117.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $117.9 million (up 21.92% YoY) and the FY2025 annual result came in at $123.7 million, up 2424.49% from the prior year.
- Interest Expenses climbed to $117.9 million in Q1 2026, from $1.3 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $135.9 million in Q2 2022 to a low of -$100000.0 in Q4 2023.
- A 5-year average of $54.8 million and a median of $20.8 million in 2024 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses slumped 101.72% — and 2025, when it soared 1200.0%.
- Tracing GIC's Interest Expenses over 5 years: stood at $5.8 million in 2022, then tumbled by 101.72% to -$100000.0 in 2023, then surged by 200.0% to $100000.0 in 2024, then soared by 1200.0% to $1.3 million in 2025, then surged by 8969.23% to $117.9 million in 2026.
- The last three Interest Expenses figures came in at $117.9 million (Q1 2026), $1.3 million (Q4 2025), and $19.4 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 61.79 Bn | 61.20 Bn | 1.98 Bn | - |
| 2 | Fastenal | 56.19 Bn | 55.99 Bn | 1.06 Bn | 1.20 Mn |
| 3 | Ferguson Enterprises | 43.34 Bn | 42.52 Bn | 2.32 Bn | - |
| 4 | Wesco International | 16.50 Bn | 15.69 Bn | 1.46 Bn | - |
| 5 | Applied Industrial Technologies | 12.01 Bn | 11.89 Bn | 411.22 Mn | - |
| 6 | Watsco | 12.00 Bn | 11.54 Bn | 578.93 Mn | - |
| 7 | Core & Main | 8.31 Bn | 8.16 Bn | 520.00 Mn | 27.00 Mn |
| 8 | Pool | 6.61 Bn | 6.58 Bn | 540.76 Mn | - |
| 9 | Msc Industrial Direct | 6.55 Bn | 6.48 Bn | 430.41 Mn | 5.38 Mn |
| 10 | Global Industrial | 1.49 Bn | 1.40 Bn | 155.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 100,000.00 |
| Dec 31, 2024 | -100,000.00 |
| Mar 31, 2024 | 200,000.00 |
| Dec 31, 2023 | -100,000.00 |
| Sep 30, 2023 | 700,000.00 |
| Sep 30, 2015 | 300,000.00 |
| Jun 30, 2015 | 200,000.00 |
| Mar 31, 2015 | 300,000.00 |
| Dec 31, 2014 | 300,000.00 |
| Sep 30, 2014 | 300,000.00 |
| Jun 30, 2014 | 400,000.00 |
| Mar 31, 2014 | 300,000.00 |
| Dec 31, 2013 | 500,000.00 |
| Sep 30, 2013 | 300,000.00 |
| Jun 30, 2013 | 400,000.00 |
| Mar 31, 2013 | 300,000.00 |
| Dec 31, 2012 | 400,000.00 |
| Sep 30, 2012 | 400,000.00 |
| Jun 30, 2012 | 500,000.00 |
| Mar 31, 2012 | 400,000.00 |