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

For the trailing twelve months through Mar 31, 2022, Non Operating Interest Expenses at Optimum Communications was $1.25 billion, down 3.8% year-over-year; for FY2021, it came in at $1.27 billion, down 6.3% from FY2020.

• Annual Non Operating Interest Expenses has declined for four consecutive years, with a five-year compound annual growth rate of -2.8% (FY2016 to FY2021).
• In prior years, Optimum Communications' Non Operating Interest Expenses was $1.35 billion in FY2020 (-12.0%), $1.54 billion in FY2019 (-1.3%), $1.56 billion in FY2018 (-2.9%) and $1.6 billion in FY2017 (+10.1%).
• The Q1 2022 figure stands as the lowest quarterly Non Operating Interest Expenses since Q1 2016.
• On a year-over-year basis, Non Operating Interest Expenses has declined in each of the last 12 quarters, with an average decline of 8.8% over the last eight quarters.
• The strongest year-over-year quarter for Non Operating Interest Expenses in the past five years was Q4 2018, with growth of 7.7%; the weakest was Q4 2020, with a decline of 17.1%.
• According to Business Quant data, Non Operating Interest Expenses for the three prior quarters was $311.94 million (Q4 2021), $319.03 million (Q3 2021) and $319.44 million (Q2 2021).