Newell Brands (NWL) Interest Expenses (2009 - 2024)
Newell Brands (NWL) recorded Interest Expenses of $70 million in Q1 2024, up 2.9% from $68 million a year earlier and unchanged from the prior quarter.
Newell Brands (NWL) Interest Expenses (2009 - 2024) Analysis & Trends
On a TTM basis, Newell Brands' Interest Expenses came in at $285 million as of Mar 31, 2024, up 16.8% year-over-year; for FY2023, it came in at $283 million, up 20.4% from FY2022.
- Annual Interest Expenses has a five-year compound annual growth rate of -8.7% (FY2018 to FY2023).
- Across earlier years, Interest Expenses came in at $235 million in FY2022 (-8.2%), $256 million in FY2021 (-6.6%), $274 million in FY2020 (-9.6%) and $303 million in FY2019 (-32.1%).
- Quarterly Interest Expenses has ranged from $55 million in Q2 2022 to $78 million in Q2 2019 over the past five years.
- On a year-over-year basis, Interest Expenses has increased for six consecutive quarters, with growth averaging 8.4% over the last eight quarters.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 38.2% in Q2 2023, against a decline of 35.3% in Q2 2019 at the low end.
- Per Business Quant, the preceding three quarters came in at $70 million (Q4 2023), $69 million (Q3 2023) and $76 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 25.37 Bn | 23.04 Bn | 860.34 Mn | - |
| 2 | Somnigroup International | 13.07 Bn | 12.62 Bn | 817.20 Mn | 59.00 Mn |
| 3 | Hni | 3.27 Bn | 2.84 Bn | 647.20 Mn | - |
| 4 | Newell Brands | 2.25 Bn | 1.41 Bn | 812.00 Mn | - |
| 5 | Sonos | 2.12 Bn | 1.02 Bn | 189.31 Mn | 110,000.00 |
| 6 | Whirlpool | 1.99 Bn | -1.49 Bn | 442.00 Mn | 63.00 Mn |
| 7 | Corsair Gaming | 1.46 Bn | 1.00 Bn | 104.29 Mn | 1.67 Mn |
| 8 | Millerknoll | 1.35 Bn | 714.71 Mn | 385.30 Mn | 16.20 Mn |
| 9 | Arhaus | 1.34 Bn | 420.59 Mn | 172.07 Mn | - |
| 10 | Cricut | 1.34 Bn | 311.09 Mn | 116.41 Mn | 80,000.00 |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 70.00 Mn |
| Dec 31, 2023 | 70.00 Mn |
| Sep 30, 2023 | 69.00 Mn |
| Jun 30, 2023 | 76.00 Mn |
| Mar 31, 2023 | 68.00 Mn |
| Dec 31, 2022 | 64.00 Mn |
| Sep 30, 2022 | 57.00 Mn |
| Jun 30, 2022 | 55.00 Mn |
| Mar 31, 2022 | 59.00 Mn |
| Dec 31, 2021 | 59.00 Mn |
| Sep 30, 2021 | 65.00 Mn |
| Jun 30, 2021 | 65.00 Mn |
| Mar 31, 2021 | 67.00 Mn |
| Dec 31, 2020 | 69.00 Mn |
| Sep 30, 2020 | 71.00 Mn |
| Jun 30, 2020 | 71.00 Mn |
| Mar 31, 2020 | 63.00 Mn |
| Dec 31, 2019 | 70.00 Mn |
| Sep 30, 2019 | 75.00 Mn |
| Jun 30, 2019 | 78.00 Mn |
Newell Brands Interest Expenses 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-expenses&ticker=NWL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "NWL", "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-expenses&ticker=NWL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();