Gibraltar Industries (ROCK) Interest Expenses (2009 - 2019)
Gibraltar Industries (ROCK) reported Interest Expenses of $17,000 for Q3 2019, down 99.4% from $2.91 million a year earlier and down 92.2% from the prior quarter.
Gibraltar Industries (ROCK) Interest Expenses (2009 - 2019) Analysis & Trends
Over the twelve months ended Sep 30, 2019, Gibraltar Industries' Interest Expenses came in at $5.06 million, down 60.3% year-over-year; for FY2018, it was $12.06 million, down 14.0% from FY2017.
- Interest Expenses has declined for three consecutive years, with a five-year compound annual growth rate of -11.7% (FY2013 to FY2018).
- By year, Interest Expenses came in at $14.03 million in FY2017 (-3.7%), $14.58 million in FY2016 (-2.8%), $15 million in FY2015 (+4.0%) and $14.42 million in FY2014 (-35.9%).
- The Q3 2019 figure ranks as the lowest quarterly Interest Expenses since Q4 2010.
- Year over year, Interest Expenses has now declined in each of the last 15 quarters, with an average decline of 36.3% over the last eight quarters.
- The high point for year-over-year Interest Expenses in five years was Q3 2015 (growth of 6.0%); the low point was Q3 2019 (a decline of 99.4%).
- Per Business Quant data, the three quarters before Q3 2019 came in at $219,000 (Q2 2019), $2.06 million (Q1 2019) and $2.76 million (Q4 2018).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 53.10 Mn |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 1.44 Mn |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | - |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | - |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 61.50 Mn |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | 28.00 Mn |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 24.80 Mn |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 27.40 Mn |
| 10 | Gibraltar Industries | 1.37 Bn | 1.12 Bn | 132.08 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2019 | 17,000.00 |
| Jun 30, 2019 | 219,000.00 |
| Mar 31, 2019 | 2.06 Mn |
| Dec 31, 2018 | 2.76 Mn |
| Sep 30, 2018 | 2.91 Mn |
| Jun 30, 2018 | 3.13 Mn |
| Mar 31, 2018 | 3.27 Mn |
| Dec 31, 2017 | 3.42 Mn |
| Sep 30, 2017 | 3.49 Mn |
| Jun 30, 2017 | 3.55 Mn |
| Mar 31, 2017 | 3.58 Mn |
| Dec 31, 2016 | 3.60 Mn |
| Sep 30, 2016 | 3.63 Mn |
| Jun 30, 2016 | 3.67 Mn |
| Mar 31, 2016 | 3.69 Mn |
| Dec 31, 2015 | 3.61 Mn |
| Sep 30, 2015 | 3.88 Mn |
| Jun 30, 2015 | 3.81 Mn |
| Mar 31, 2015 | 3.70 Mn |
| Dec 31, 2014 | 3.43 Mn |
Gibraltar Industries 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=ROCK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "ROCK", "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=ROCK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();