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.

• Interest Expenses for Q1 2022 came in at $303.4 million, down 4.09% year-over-year; the trailing twelve-month figure through Dec 2022 was $303.4 million (down 76.05% YoY), and the FY2021 annual result was $1.3 billion, down 6.34% from the prior year.
• Interest Expenses was $303.4 million for Q1 2022 at Optimum Communications, down from $311.9 million in the prior quarter.
• Over five years, Interest Expenses peaked at $398.9 million in Q4 2018 and troughed at $303.4 million in Q1 2022.
• Average Interest Expenses over 5 years is $353.9 million, with a median of $365.2 million recorded in 2020.
• Year-over-year, Interest Expenses rose 7.69% in 2018 and declined 17.07% in 2020.
• Over 5 years, Interest Expenses stood at $398.9 million in 2018, then slipped by 5.17% to $378.3 million in 2019, then slipped by 17.07% to $313.7 million in 2020, then slipped by 0.55% to $311.9 million in 2021, then fell by 2.75% to $303.4 million in 2022.
• Per Business Quant data, the three most recent Interest Expenses figures were $303.4 million in Q1 2022, $311.9 million in Q4 2021, and $319.0 million in Q3 2021.