Company / Interest Expense
INNOVATE Corp. Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$52.0M
FY2023
5-year range
$52.0M / $74.8M
FY2019-FY2023
Trend
-12.0%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Interest Expense has declined for 3 consecutive years, from $76M in FY2020 to $52M in FY2023.
Based on SEC 10-K filings.
$52M in FY2023 with a 5-year CAGR of +3.7%.
Improved from $75M to $52M over the past 2 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -11.9%
- 5-Year CAGR
- +3.7%
- 10-Year CAGR
- -
Key checks
Key Insights
- INNOVATE Corp.'s interest expense has declined for 3 consecutive years.
- 5-year CAGR of +3.7%, indicating consistent growth.
- In FY2023, interest expense decreased 12.0% year-over-year.
- Peak interest expense was recorded in FY2020.
Company context
Key Data Points
- Altman Z-Score 0.77 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $52.0M | -12.0% |
| FY2022 | $59.1M | -21.0% |
| FY2021 | $74.8M | -1.7% |
| FY2020 | $76.1M | +0.5% |
| FY2019 | $75.7M | +74.4% |
| FY2018 | $43.4M | +11.2% |
| FY2017 | $39.0M | +216.0% |
| FY2016 | $12.3M | +154237.5% |
As of FY2023 · SEC 10-K · Updated Jun 24, 2026