Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.
Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...
Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.
interest_expense| Segment | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|
| Financial Services | $7.90M | $8.10M | $9.70M | $12.70M | $15.40M | $14.90M | $13.40M | $16.00M |
| Forestar Group | $8.60M | $8.20M | $8.20M | $8.20M | $8.20M | $8.10M | $8.20M | $8.20M |
| Total | — | — | — | — | — | — | — | — |
Financial Services, Forestar Group were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.