Optimum Communications (OPTU) Interest Expenses (2016 - 2022)

Optimum Communications (OPTU) has reported Interest Expenses for 7 consecutive years, with $303.4 million the latest figure, recorded in Q1 2022.

• For the quarter ending Q1 2022, Interest Expenses fell 4.09% year-over-year to $303.4 million; the trailing twelve-month figure through Mar 2022 stood at $1.3 billion (down 3.82% YoY), and the FY2021 full-year result was $1.3 billion, down 6.34% from the prior year.
• Interest Expenses eased to $303.4 million in Q1 2022 per OPTU's latest filing, from $311.9 million in the prior quarter.
• Across five years, Interest Expenses topped out at $398.9 million in Q4 2018 and bottomed at $303.4 million in Q1 2022.
• Historically, Interest Expenses has averaged $353.9 million across 5 years, with a median of $365.2 million in 2020.
• The sharpest annual moves came in 2018 and 2020: Interest Expenses increased 7.69% in 2018, then dropped 17.07% in 2020.
• Over 5 years, Interest Expenses stood at $398.9 million in 2018, then decreased by 5.17% to $378.3 million in 2019, then decreased by 17.07% to $313.7 million in 2020, then decreased by 0.55% to $311.9 million in 2021, then declined by 2.75% to $303.4 million in 2022.
• According to Business Quant data, Interest Expenses over the past three periods registered $303.4 million, $311.9 million, and $319.0 million for Q1 2022, Q4 2021, and Q3 2021 respectively.