Invesco Mortgage Capital (IVR) Non Operating Interest Expenses (2010 - 2024)
Invesco Mortgage Capital's (IVR) quarterly Non Operating Interest Expenses came in at $61.6 million in Q1 2024, up 23.84% on a YoY basis from $49.7 million in Q2 2023, and up 14.5% quarter-over-quarter from $53.8 million in Q4 2023.
Analysis
Invesco Mortgage Capital (IVR) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Invesco Mortgage Capital (IVR) has reported Non Operating Interest Expenses for 15 consecutive years, with $61.6 million the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Non Operating Interest Expenses rose 23.84% year-over-year to $61.6 million; the trailing twelve-month figure through Mar 2024 stood at $240.1 million (up 132.21% YoY), and the FY2023 full-year result was $228.2 million, up 342.65% from the prior year.
- Non Operating Interest Expenses grew to $61.6 million in Q1 2024 per IVR's latest filing, from $53.8 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $85.7 million in Q1 2020 and bottomed at -$3.3 million in Q3 2021.
- Historically, Non Operating Interest Expenses has averaged $24.3 million across 5 years, with a median of $3.5 million in 2022.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses plunged 818.78% in 2021, then jumped 2463.4% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at -$2.5 million in 2020, then fell by 29.73% to -$3.2 million in 2021, then surged by 1112.29% to $32.2 million in 2022, then surged by 67.01% to $53.8 million in 2023, then rose by 14.5% to $61.6 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $61.6 million, $53.8 million, and $65.7 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 1.32 Bn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 464.11 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 98.55 Mn |
| 10 | Invesco Mortgage Capital | 685.68 Mn | 612.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 61.58 Mn |
| Dec 31, 2023 | 53.78 Mn |
| Sep 30, 2023 | 65.70 Mn |
| Jun 30, 2023 | 59.02 Mn |
| Mar 31, 2023 | 49.73 Mn |
| Dec 31, 2022 | 32.20 Mn |
| Sep 30, 2022 | 18.01 Mn |
| Jun 30, 2022 | 3.46 Mn |
| Mar 31, 2022 | -2.10 Mn |
| Dec 31, 2021 | -3.18 Mn |
| Sep 30, 2021 | -3.27 Mn |
| Jun 30, 2021 | -3.18 Mn |
| Mar 31, 2021 | -1.66 Mn |
| Dec 31, 2020 | -2.45 Mn |
| Sep 30, 2020 | -1.42 Mn |
| Jun 30, 2020 | 442,000.00 |
| Mar 31, 2020 | 85.69 Mn |
| Dec 31, 2019 | 106.80 Mn |
| Sep 30, 2019 | 123.26 Mn |
| Jun 30, 2019 | 129.24 Mn |