Inter (INTR) Rent Expense (2021 - 2023)
Inter (INTR) reported Rent Expense of $2.54 million for Q3 2023, up 17.3% from $2.17 million a year earlier but down 48.4% from the prior quarter.
Inter (INTR) Rent Expense (2021 - 2023) Analysis & Trends
Over the twelve months ended Sep 30, 2023, Inter's Rent Expense came in at $11.99 million, down 1.0% year-over-year; for FY2022, it came in at $8.62 million, up 62.2% from FY2021.
- Rent Expense has increased for three consecutive years, with a three-year compound annual growth rate of 37.2% (FY2019 to FY2022).
- By year, Rent Expense came in at $5.32 million in FY2021 (+45.4%), $3.66 million in FY2020 (+9.5%) and $3.34 million in FY2019.
- Five-year quarterly Rent Expense spans a low of $1.99 million in Q1 2022 and a high of $4.92 million in Q2 2023.
- Year over year, Rent Expense has now increased in each of the last three quarters, with growth averaging 1.3% over the last four quarters.
- Per Business Quant data, the three quarters before Q3 2023 came in at $4.92 million (Q2 2023), $2.28 million (Q1 2023) and $2.25 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 803.00 Mn |
| 10 | Inter | 3.45 Bn | 3.47 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 2.54 Mn |
| Jun 30, 2023 | 4.92 Mn |
| Mar 31, 2023 | 2.28 Mn |
| Dec 31, 2022 | 2.25 Mn |
| Sep 30, 2022 | 2.17 Mn |
| Jun 30, 2022 | 4.34 Mn |
| Mar 31, 2022 | 1.99 Mn |
| Sep 30, 2021 | 3.63 Mn |
Inter Rent Expense 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=rent-expense&ticker=INTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "INTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=INTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();