Infosys (INFY) Minority Interest (2010 - 2023)
Infosys (INFY) recorded quarterly Minority Interest of $120.0 million in Q4 2023, up 300.0% quarter-over-quarter from $30.0 million in Q3 2023, and down 29.41% on a YoY basis from $170.0 million in Q4 2022.
Infosys (INFY) Minority Interest (2010 - 2023) Analysis & Trends
Infosys' Minority Interest history runs 8 years deep, the most recent figure standing at $120.0 million for Q4 2023.
- In Q4 2023, Minority Interest fell 29.41% year-over-year to $120.0 million; the TTM figure through Dec 2023 stood at $120.0 million (down 29.41% YoY), while the FY2023 annual figure was $240.0 million, down 33.33% from the prior year.
- Minority Interest was $120.0 million for Q4 2023 at Infosys, up from $30.0 million in the prior quarter.
- In the past five years, Minority Interest ranged from a high of $780.0 million in Q1 2021 to a low of -$30.0 million in Q2 2023.
- Historically, Minority Interest has averaged $243.7 million across 5 years, with a median of $170.0 million in 2022.
- The sharpest annual moves came in 2020 and 2021: Minority Interest jumped 866.67% in 2020, then plunged 78.33% in 2021.
- A 5-year view of Minority Interest shows it stood at $150.0 million in 2019, then jumped by 66.67% to $250.0 million in 2020, then climbed by 4.0% to $260.0 million in 2021, then plunged by 34.62% to $170.0 million in 2022, then declined by 29.41% to $120.0 million in 2023.
- The last three Minority Interest figures came in at $120.0 million (Q4 2023), $30.0 million (Q3 2023), and -$30.0 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn |
| 10 | Caci International | 11.74 Bn | 11.58 Bn | 797.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 120.00 Mn |
| Sep 30, 2023 | 30.00 Mn |
| Jun 30, 2023 | -30.00 Mn |
| Mar 31, 2023 | 240.00 Mn |
| Dec 31, 2022 | 170.00 Mn |
| Sep 30, 2022 | 70.00 Mn |
| Mar 31, 2022 | 360.00 Mn |
| Dec 31, 2021 | 260.00 Mn |
| Sep 30, 2021 | 130.00 Mn |
| Jun 30, 2021 | 110.00 Mn |
| Mar 31, 2021 | 780.00 Mn |
| Dec 31, 2020 | 250.00 Mn |
| Sep 30, 2020 | 600.00 Mn |
| Jun 30, 2020 | 440.00 Mn |
| Mar 31, 2020 | 580.00 Mn |
| Dec 31, 2019 | 150.00 Mn |
| Sep 30, 2019 | 240.00 Mn |
| Jun 30, 2019 | 70.00 Mn |
| Mar 31, 2019 | 60.00 Mn |
| Dec 31, 2018 | 20.00 Mn |