Newell Brands (NWL) Non Operating Interest Expenses (2009 - 2024)
Newell Brands' (NWL) quarterly Non Operating Interest Expenses came in at $70.0 million in 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.
Analysis
Newell Brands (NWL) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
Newell Brands (NWL) has reported Non Operating Interest Expenses for 16 consecutive years, with $70.0 million the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Non Operating Interest Expenses rose 2.94% year-over-year to $70.0 million; the trailing twelve-month figure through Mar 2024 stood at $285.0 million (up 16.8% YoY), and the FY2023 full-year result was $283.0 million, up 20.43% from the prior year.
- Non Operating Interest Expenses held at $70.0 million in Q1 2024 per NWL's latest filing, from $70.0 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $76.0 million in Q2 2023 and bottomed at $55.0 million in Q2 2022.
- Historically, Non Operating Interest Expenses has averaged $65.8 million across 5 years, with a median of $67.0 million in 2021.
- The sharpest annual moves came in 2020 and 2023: Non Operating Interest Expenses slipped 21.25% in 2020, then soared 38.18% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $69.0 million in 2020, then dropped by 14.49% to $59.0 million in 2021, then gained by 8.47% to $64.0 million in 2022, then gained by 9.38% to $70.0 million in 2023, then changed by 0.0% to $70.0 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $70.0 million, $70.0 million, and $69.0 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 | SharkNinja | 24.83 Bn | 24.05 Bn | 860.34 Mn | - |
| 2 | Newell Brands | 2.70 Bn | 2.50 Bn | 812.00 Mn | - |
| 3 | Whirlpool | 2.45 Bn | 1.21 Bn | 442.00 Mn | 63.00 Mn |
| 4 | Helen Of Troy | 649.56 Mn | 627.88 Mn | 184.86 Mn | 12.24 Mn |
| 5 | Hamilton Beach Brands Holding | 417.30 Mn | 315.83 Mn | 77.50 Mn | - |
| 6 | Lifetime Brands | 196.18 Mn | 190.73 Mn | 93.24 Mn | 4.12 Mn |
| 7 | Traeger | 136.44 Mn | 76.75 Mn | 47.42 Mn | 8.27 Mn |
| 8 | Viomi Technology | 74.80 Mn | -36.39 Mn | - | - |
| 9 | Fenbo Holdings | 7.97 Mn | 5.27 Mn | - | - |
| 10 | Hypha Labs | 1.13 Mn | 1.13 Mn | - | 154,509.00 |
Historic Data
Download Data
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 |