Medallion Financial (MFIN) Rent Expense (2017 - 2021)
Medallion Financial (MFIN) recorded quarterly Rent Expense of $481000.0 in Q3 2021, down 22.92% quarter-over-quarter from $624000.0 in Q2 2021, and down 28.85% on a YoY basis from $676000.0 in Q3 2020.
Medallion Financial (MFIN) Rent Expense (2017 - 2021) Analysis & Trends
Medallion Financial's Rent Expense history runs 5 years deep, the most recent figure standing at $481000.0 for Q3 2021.
- In Q3 2021, Rent Expense fell 28.85% year-over-year to $481000.0; the TTM figure through Sep 2021 stood at $2.6 million (down 1.7% YoY), while the FY2020 annual figure was $2.8 million, up 17.11% from the prior year.
- Rent Expense was $481000.0 for Q3 2021 at Medallion Financial, down from $624000.0 in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $829000.0 in Q4 2020 to a low of $243000.0 in Q1 2018.
- Historically, Rent Expense has averaged $548666.7 across 5 years, with a median of $596000.0 in 2019.
- The sharpest annual moves came in 2019 and 2021: Rent Expense surged 146.91% in 2019, then slipped 28.85% in 2021.
- A 5-year view of Rent Expense shows it stood at $267000.0 in 2017, then surged by 121.35% to $591000.0 in 2018, then advanced by 9.98% to $650000.0 in 2019, then grew by 27.54% to $829000.0 in 2020, then tumbled by 41.98% to $481000.0 in 2021.
- The last three Rent Expense figures came in at $481000.0 (Q3 2021), $624000.0 (Q2 2021), and $675000.0 (Q1 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | - |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | - |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | - |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 867.00 Mn |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | - |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | - |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | - |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | - |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | - |
| 10 | Medallion Financial | 282.91 Mn | 246.07 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2021 | 481,000.00 |
| Sep 30, 2021 | 481,000.00 |
| Jun 30, 2021 | 624,000.00 |
| Jun 30, 2021 | 624,000.00 |
| Mar 31, 2021 | 675,000.00 |
| Mar 31, 2021 | 675,000.00 |
| Dec 31, 2020 | 829,000.00 |
| Dec 31, 2020 | 829,000.00 |
| Sep 30, 2020 | 676,000.00 |
| Sep 30, 2020 | 676,000.00 |
| Jun 30, 2020 | 631,000.00 |
| Jun 30, 2020 | 631,000.00 |
| Mar 31, 2020 | 697,000.00 |
| Mar 31, 2020 | 697,000.00 |
| Dec 31, 2019 | 650,000.00 |
| Dec 31, 2019 | 650,000.00 |
| Sep 30, 2019 | 592,000.00 |
| Sep 30, 2019 | 592,000.00 |
| Jun 30, 2019 | 577,000.00 |
| Jun 30, 2019 | 577,000.00 |