Company / Interest Expense
Velocity Financial, Inc. Interest Expense History
FY2018-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$271.0M
FY2024
5-year range
$99.9M / $271.0M
FY2020-FY2024
Trend
+33.5%
vs FY2023
Sector context
#106 of 214
Financials
What the data says
At $271M, Velocity Financial, Inc.'s interest expense ranks #109 of 214 in the Financials sector. Interest Expense has increased for 6 consecutive years, from $49M in FY2018 to $271M in FY2024.
Based on SEC 10-K filings.
$271M in FY2024 with a 5-year CAGR of +35.7%.
Increased from $157M to $271M over the past 2 years.
Financials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +36.7%
- 5-Year CAGR
- +35.7%
- 10-Year CAGR
- -
Sector benchmark
#109 of 214 in FinancialsTop 50% of 214This company $271.0M Sector average $939.3M
▼
-71.1% below sector average
Key checks
Key Insights
- Velocity Financial, Inc.'s interest expense has grown for 6 consecutive years.
- 5-year CAGR of +35.7%, indicating consistent growth.
- In FY2024, interest expense increased 33.5% year-over-year.
- Ranks #106 out of 214 companies in the Financials sector.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $271.0M | +33.5% |
| FY2023 | $203.0M | +29.2% |
| FY2022 | $157.2M | +48.3% |
| FY2021 | $106.0M | +6.1% |
| FY2020 | $99.9M | +69.3% |
| FY2019 | $59.0M | +20.9% |
| FY2018 | $48.8M | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026