Interactive Brokers (IBKR) Non Operating Interest Expenses (2019 - 2024)
Interactive Brokers (IBKR) reported Non Operating Interest Expenses of $1.01 billion for Q1 2024, up 42.7% from $710 million a year earlier and up 5.0% from the prior quarter.
Interactive Brokers (IBKR) Non Operating Interest Expenses (2019 - 2024) Analysis & Trends
Over the twelve months ended Mar 31, 2024, Interactive Brokers' Non Operating Interest Expenses came in at $3.74 billion, up 122.8% year-over-year; for FY2023, it was $3.44 billion, up 237.5% from FY2022.
- Non Operating Interest Expenses has a five-year compound annual growth rate of 49.3% (FY2018 to FY2023).
- By year, Non Operating Interest Expenses came in at $1.02 billion in FY2022 (+354.5%), $224 million in FY2021 (-14.2%), $261 million in FY2020 (-59.4%) and $643 million in FY2019 (+38.9%).
- The Q1 2024 figure ranks as the highest quarterly Non Operating Interest Expenses in data going back to Q1 2019.
- Year over year, Non Operating Interest Expenses has now increased in each of the last four quarters, with growth averaging 373.3% over the last seven quarters.
- The high point for year-over-year Non Operating Interest Expenses in five years was Q4 2022 (growth of 892.7%); the low point was Q3 2020 (a decline of 74.6%).
- Per Business Quant data, the three quarters before Q1 2024 came in at $965 million (Q4 2023), $910 million (Q3 2023) and $851 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | - |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | - |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | 43.60 Mn |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | 205.00 Mn |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | 86.00 Mn |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - | - |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - | - |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - | - |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn | 13.20 Mn |
| 10 | LPL Financial Holdings | 24.92 Bn | 20.24 Bn | - | 101.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.01 Bn |
| Dec 31, 2023 | 965.00 Mn |
| Sep 30, 2023 | 910.00 Mn |
| Jun 30, 2023 | 851.00 Mn |
| Mar 31, 2023 | 710.00 Mn |
| Dec 31, 2022 | 546.00 Mn |
| Sep 30, 2022 | 310.00 Mn |
| Jun 30, 2022 | 112.00 Mn |
| Mar 31, 2022 | 50.00 Mn |
| Dec 31, 2021 | 55.00 Mn |
| Sep 30, 2021 | 51.00 Mn |
| Jun 30, 2021 | 33.00 Mn |
| Mar 31, 2021 | 85.00 Mn |
| Dec 31, 2020 | 55.00 Mn |
| Sep 30, 2020 | 45.00 Mn |
| Jun 30, 2020 | 48.00 Mn |
| Mar 31, 2020 | 113.00 Mn |
| Dec 31, 2019 | 173.00 Mn |
| Sep 30, 2019 | 177.00 Mn |
| Mar 31, 2019 | 162.00 Mn |
Interactive Brokers Non Operating 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=non-operating-interest-expenses&ticker=IBKR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "IBKR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=IBKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();