FreightCar America (RAIL) Interest Expenses (2012 - 2021)
FreightCar America (RAIL) posted Interest Expenses of $3.56 million for Q3 2021, compared with $208,000 a year earlier and up 10.9% from the prior quarter.
FreightCar America (RAIL) Interest Expenses (2012 - 2021) Analysis & Trends
For the trailing twelve months through Sep 30, 2021, Interest Expenses at FreightCar America was $10.83 million; for FY2020, it was $2.23 million, up 265.4% from FY2019.
- Annual Interest Expenses shows a five-year compound annual growth rate of 55.7% (FY2015 to FY2020).
- In prior years, FreightCar America's Interest Expenses was $609,000 in FY2019 (+292.9%), $155,000 in FY2018 (-4.9%), $163,000 in FY2017 (-4.7%) and $171,000 in FY2016 (-29.6%).
- The Q3 2021 figure stands as the highest quarterly Interest Expenses in data going back to Q1 2012.
- On a year-over-year basis, Interest Expenses increased in five of the last six quarters, with growth averaging 383.8%.
- The strongest year-over-year quarter for Interest Expenses in the past five years was Q3 2019, with growth of 757.7%; the weakest was Q2 2017, with a decline of 26.8%.
- According to Business Quant data, Interest Expenses for the three prior quarters was $3.21 million (Q2 2021), $2.5 million (Q1 2021) and $1.55 million (Q4 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 497.00 Mn |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | 213.70 Mn |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 661.00 Mn |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 201.00 Mn |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | 95.00 Mn |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | - |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | - |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | 17.40 Mn |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | 79.00 Mn |
| 10 | FreightCar America | 130.42 Mn | -112.05 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2021 | 3.56 Mn |
| Jun 30, 2021 | 3.21 Mn |
| Mar 31, 2021 | 2.50 Mn |
| Dec 31, 2020 | 1.55 Mn |
| Sep 30, 2020 | 208,000.00 |
| Jun 30, 2020 | 167,000.00 |
| Mar 31, 2020 | 296,000.00 |
| Dec 31, 2019 | 235,000.00 |
| Sep 30, 2019 | 223,000.00 |
| Jun 30, 2019 | 115,000.00 |
| Mar 31, 2019 | 36,000.00 |
| Dec 31, 2018 | 70,000.00 |
| Sep 30, 2018 | 26,000.00 |
| Jun 30, 2018 | 27,000.00 |
| Mar 31, 2018 | 32,000.00 |
| Dec 31, 2017 | 64,000.00 |
| Sep 30, 2017 | 27,000.00 |
| Jun 30, 2017 | 30,000.00 |
| Mar 31, 2017 | 42,000.00 |
| Dec 31, 2016 | 56,000.00 |
FreightCar America Interest Expenses 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-expenses&ticker=RAIL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "RAIL", "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-expenses&ticker=RAIL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();