Year-over-year, this metric declined by 10.9%, from 4.7% to 4.2%. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase indicates rising borrowing costs or a shift toward higher-interest debt, while a decrease suggests successful debt refinancing or a favorable interest rate environment.
This metric calculates the average cost of debt for the company's U.S.-based financial obligations, weighted by the prin...
Comparable industrial firms typically benchmark this rate against prevailing corporate bond yields and federal funds rates to assess their relative cost of capital against industry peers.
itt_segment_united_states_weighted_average_interest_rate| Q4 '21 | Q4 '22 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 0.3% | 4.9% | 5.6% | 5.6% | 5.6% | 5.1% | 4.8% | 4.7% | 0% | 0% | 4.2% |
| QoQ Change | — | >999% | +14.0% | +0.4% | -0.5% | -8.6% | -6.3% | -2.5% | -100.0% | — | — |
| YoY Change | — | >999% | +14.0% | — | — | — | -14.4% | -16.9% | -100.0% | -100.0% | -10.9% |