TPG Mortgage Investment Trust (MITT) Interest Expense - Fed Funds (2012 - 2019)
TPG Mortgage Investment Trust (MITT) reported Interest Expense - Fed Funds of $24.8 million for Q2 2019, up 67.8% from $14.78 million a year earlier but down 0.2% from the prior quarter.
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Analysis
TPG Mortgage Investment Trust (MITT) Interest Expense - Fed Funds (2012 - 2019) Analysis & Trends
Over the twelve months ended Jun 30, 2019, TPG Mortgage Investment Trust's Interest Expense - Fed Funds came in at $83.54 million, up 58.6% year-over-year; for FY2018, it was $63.18 million, up 57.5% from FY2017.
- Interest Expense - Fed Funds has increased for seven consecutive years, with a five-year compound annual growth rate of 20.6% (FY2013 to FY2018).
- By year, Interest Expense - Fed Funds came in at $40.11 million in FY2017 (+23.5%), $32.48 million in FY2016 (+11.4%), $29.15 million in FY2015 (+4.5%) and $27.9 million in FY2014 (+12.7%).
- Five-year quarterly Interest Expense - Fed Funds spans a low of $6.77 million in Q3 2014 and a high of $24.85 million in Q1 2019.
- Year over year, Interest Expense - Fed Funds has now increased in each of the last 17 quarters, with growth averaging 59.4% over the last eight quarters.
- The high point for year-over-year Interest Expense - Fed Funds in five years was Q3 2018 (growth of 95.5%); the low point was Q1 2015 (a decline of 1.6%).
- Per Business Quant data, the three quarters before Q2 2019 came in at $24.85 million (Q1 2019), $14.29 million (Q4 2018) and $19.6 million (Q3 2018).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - |
| 10 | TPG Mortgage Investment Trust | 182.23 Mn | -45.54 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2019 | 24.80 Mn |
| Mar 31, 2019 | 24.85 Mn |
| Dec 31, 2018 | 14.29 Mn |
| Sep 30, 2018 | 19.60 Mn |
| Jun 30, 2018 | 14.78 Mn |
| Mar 31, 2018 | 14.51 Mn |
| Dec 31, 2017 | 13.34 Mn |
| Sep 30, 2017 | 10.03 Mn |
| Jun 30, 2017 | 8.85 Mn |
| Mar 31, 2017 | 7.88 Mn |
| Dec 31, 2016 | 8.29 Mn |
| Sep 30, 2016 | 8.23 Mn |
| Jun 30, 2016 | 8.08 Mn |
| Mar 31, 2016 | 7.88 Mn |
| Dec 31, 2015 | 7.46 Mn |
| Sep 30, 2015 | 7.54 Mn |
| Jun 30, 2015 | 7.00 Mn |
| Mar 31, 2015 | 7.16 Mn |
| Dec 31, 2014 | 6.89 Mn |
| Sep 30, 2014 | 6.77 Mn |
API Access
TPG Mortgage Investment Trust Interest Expense - Fed Funds 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=interest-expense-fed-funds&ticker=MITT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "ticker": "MITT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=MITT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();