Newell Brands (NWL) Times Interest Earned (2009 - 2024)
Newell Brands' (NWL) quarterly Times Interest Earned came in at 0.23 in Q1 2024, up 143.17% on a YoY basis from 0.09 in Q2 2023, and up 260.0% quarter-over-quarter from 0.14 in Q4 2023.
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Newell Brands (NWL) Times Interest Earned (2009 - 2024) Analysis & Trends
Newell Brands (NWL) has reported Times Interest Earned for 16 consecutive years, with 0.23 the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Times Interest Earned rose 143.17% year-over-year to 0.23; the trailing twelve-month figure through Mar 2024 stood at 0.12 (down 147.89% YoY), and the FY2023 full-year result was 0.3, down 122.62% from the prior year.
- Times Interest Earned climbed to 0.23 in Q1 2024 per NWL's latest filing, from 0.14 in the prior quarter.
- Across five years, Times Interest Earned topped out at 5.96 in Q2 2022 and bottomed at 22.35 in Q1 2020.
- Historically, Times Interest Earned has averaged 0.55 across 5 years, with a median of 2.3 in 2020.
- The widest YoY moves for Times Interest Earned: up 144.74% in 2020, down 14999.47% in 2020.
- Over 5 years, Times Interest Earned stood at 3.67 in 2020, then fell by 21.42% to 2.88 in 2021, then slumped by 248.04% to 4.27 in 2022, then soared by 96.65% to 0.14 in 2023, then jumped by 260.0% to 0.23 in 2024.
- According to Business Quant data, Times Interest Earned over the past three periods registered 0.23, 0.14, and 2.3 for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 24.43 Bn | 23.65 Bn | 860.34 Mn | - |
| 2 | Newell Brands | 2.60 Bn | 2.39 Bn | 812.00 Mn | - |
| 3 | Whirlpool | 2.55 Bn | 1.30 Bn | 442.00 Mn | 2.59 |
| 4 | Helen Of Troy | 661.31 Mn | 639.63 Mn | 184.86 Mn | 4.93 |
| 5 | Hamilton Beach Brands Holding | 417.84 Mn | 316.37 Mn | 77.50 Mn | - |
| 6 | Lifetime Brands | 203.91 Mn | 198.46 Mn | 93.24 Mn | 7.67 |
| 7 | Traeger | 139.68 Mn | 80.00 Mn | 47.42 Mn | -0.21 |
| 8 | Viomi Technology | 77.52 Mn | -32.92 Mn | - | - |
| 9 | Fenbo Holdings | 8.52 Mn | 5.82 Mn | - | - |
| 10 | Hypha Labs | 1.64 Mn | 1.63 Mn | - | -0.62 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 0.23 |
| Dec 31, 2023 | -0.14 |
| Sep 30, 2023 | -2.30 |
| Jun 30, 2023 | 1.58 |
| Mar 31, 2023 | -0.53 |
| Dec 31, 2022 | -4.27 |
| Sep 30, 2022 | 0.70 |
| Jun 30, 2022 | 5.96 |
| Mar 31, 2022 | 3.68 |
| Dec 31, 2021 | 2.88 |
| Sep 30, 2021 | 4.86 |
| Jun 30, 2021 | 5.06 |
| Mar 31, 2021 | 2.96 |
| Dec 31, 2020 | 3.67 |
| Sep 30, 2020 | 5.11 |
| Jun 30, 2020 | 2.30 |
| Mar 31, 2020 | -22.35 |
| Dec 31, 2019 | 1.89 |
| Sep 30, 2019 | -11.43 |
| Jun 30, 2019 | 2.96 |