Newell Brands (NWL) Interest Expenses (2009 - 2024)
Newell Brands (NWL) reported Interest Expenses of $70.0 million for Q1 2024, up 2.94% on a YoY basis from $68.0 million in Q2 2023, and little changed quarter-over-quarter from $70.0 million in Q4 2023.
Newell Brands (NWL) Interest Expenses (2009 - 2024) Analysis & Trends
Newell Brands has reported Interest Expenses for 16 years, with the latest figure at $70.0 million in Q1 2024.
- For the quarter ending Q1 2024, Interest Expenses rose 2.94% year-over-year to $70.0 million; the trailing twelve-month figure through Dec 2024 stood at $70.0 million (down 75.27% YoY), and the FY2023 full-year result was $283.0 million, up 20.43% from the prior year.
- Interest Expenses for Q1 2024 stood at $70.0 million, roughly flat from $70.0 million in the prior quarter.
- The five-year high for Interest Expenses was $76.0 million in Q2 2023, with the low at $55.0 million in Q2 2022.
- Historically, Interest Expenses has averaged $65.8 million across 5 years, with a median of $67.0 million in 2021.
- Annual changes were most pronounced in 2020 — Interest Expenses decreased 21.25% — and 2023, when it surged 38.18%.
- Newell Brands' Interest Expenses stood at $69.0 million in 2020, then decreased by 14.49% to $59.0 million in 2021, then increased by 8.47% to $64.0 million in 2022, then increased by 9.38% to $70.0 million in 2023, then changed by 0.0% to $70.0 million in 2024.
- The last three Interest Expenses figures came in at $70.0 million (Q1 2024), $70.0 million (Q4 2023), and $69.0 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Tantech Holdings | 587.03 Bn | 587.00 Bn | - | - |
| 2 | Procter & Gamble | 346.82 Bn | 334.74 Bn | 10.51 Bn | 223.00 Mn |
| 3 | Unilever | 145.94 Bn | 135.46 Bn | - | - |
| 4 | Colgate Palmolive | 70.39 Bn | 69.40 Bn | 3.23 Bn | 62.00 Mn |
| 5 | Kenvue | 34.34 Bn | 34.23 Bn | 2.30 Bn | - |
| 6 | Kimberly Clark | 33.38 Bn | 32.96 Bn | 1.53 Bn | 58.00 Mn |
| 7 | Estee Lauder Companies | 31.47 Bn | 28.34 Bn | 2.84 Bn | 82.00 Mn |
| 8 | Church & Dwight | 22.92 Bn | 22.42 Bn | 681.40 Mn | 24.00 Mn |
| 9 | Clorox | 11.90 Bn | 10.87 Bn | 722.00 Mn | 27.00 Mn |
| 10 | Newell Brands | 1.86 Bn | 1.66 Bn | 513.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 70.00 Mn |
| Mar 31, 2024 | 70.00 Mn |
| Dec 31, 2023 | 70.00 Mn |
| Dec 31, 2023 | 70.00 Mn |
| Sep 30, 2023 | 69.00 Mn |
| Sep 30, 2023 | 69.00 Mn |
| Jun 30, 2023 | 76.00 Mn |
| Jun 30, 2023 | 76.00 Mn |
| Mar 31, 2023 | 68.00 Mn |
| Mar 31, 2023 | 68.00 Mn |
| Dec 31, 2022 | 64.00 Mn |
| Dec 31, 2022 | 64.00 Mn |
| Sep 30, 2022 | 57.00 Mn |
| Sep 30, 2022 | 57.00 Mn |
| Jun 30, 2022 | 55.00 Mn |
| Jun 30, 2022 | 55.00 Mn |
| Mar 31, 2022 | 59.00 Mn |
| Mar 31, 2022 | 59.00 Mn |
| Dec 31, 2021 | 59.00 Mn |
| Dec 31, 2021 | 59.00 Mn |