Orchid Island Capital (ORC) Interest Expense - Fed Funds (2012 - 2024)
Orchid Island Capital's Interest Expense - Fed Funds came in at $51.36 million for Q1 2024, up 21.7% from $42.22 million a year earlier but down 1.8% from the prior quarter.
Powered by 
Analysis
Orchid Island Capital (ORC) Interest Expense - Fed Funds (2012 - 2024) Analysis & Trends
Over the trailing twelve months to Mar 31, 2024, Orchid Island Capital reported Interest Expense - Fed Funds of $211.06 million, up 108.4% year-over-year; for FY2023, it came in at $201.92 million, up 227.2% from FY2022.
- Interest Expense - Fed Funds carries a five-year compound annual growth rate of 23.5% (FY2018 to FY2023).
- Going back by year, Interest Expense - Fed Funds was $61.71 million in FY2022 (+770.4%), $7.09 million in FY2021 (-71.7%), $25.06 million in FY2020 (-70.1%) and $83.67 million in FY2019 (+18.9%).
- The five-year range for quarterly Interest Expense - Fed Funds is $1.56 million (Q2 2021) to $58.71 million (Q3 2023).
- Year-over-year, Interest Expense - Fed Funds has increased for four consecutive quarters, with growth averaging 238.9% over the last five quarters.
- The fastest year-over-year change in Interest Expense - Fed Funds over five years came in Q2 2023 (growth of 495.0%), and the weakest in Q3 2020 (a decline of 90.8%).
- Business Quant data shows ORC's Interest Expense - Fed Funds at $52.33 million (Q4 2023), $58.71 million (Q3 2023) and $48.67 million (Q2 2023) in the three quarters before Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - |
| 10 | Orchid Island Capital | 1.08 Bn | -1.53 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 51.36 Mn |
| Dec 31, 2023 | 52.33 Mn |
| Sep 30, 2023 | 58.71 Mn |
| Jun 30, 2023 | 48.67 Mn |
| Mar 31, 2023 | 42.22 Mn |
| Dec 31, 2022 | 29.51 Mn |
| Sep 30, 2022 | 21.36 Mn |
| Jun 30, 2022 | 8.18 Mn |
| Mar 31, 2022 | 2.66 Mn |
| Dec 31, 2021 | 2.02 Mn |
| Sep 30, 2021 | 1.57 Mn |
| Jun 30, 2021 | 1.56 Mn |
| Mar 31, 2021 | 1.94 Mn |
| Dec 31, 2020 | 2.01 Mn |
| Sep 30, 2020 | 2.04 Mn |
| Jun 30, 2020 | 4.48 Mn |
| Mar 31, 2020 | 16.52 Mn |
| Dec 31, 2019 | 20.02 Mn |
| Sep 30, 2019 | 22.32 Mn |
| Jun 30, 2019 | 22.43 Mn |
API Access
Orchid Island Capital Interest Expense - Fed Funds API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=ORC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "ticker": "ORC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=ORC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();