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ROK (Rockwell Automation) Interest Expense : $-155 Mil (TTM As of Sep. 2024)


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What is Rockwell Automation Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rockwell Automation's interest expense for the three months ended in Sep. 2024 was $ -41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-155 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Rockwell Automation's Operating Income for the three months ended in Sep. 2024 was $ 269 Mil. Rockwell Automation's Interest Expense for the three months ended in Sep. 2024 was $ -41 Mil. Rockwell Automation's Interest Coverage for the quarter that ended in Sep. 2024 was 6.55. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Rockwell Automation Interest Expense Historical Data

The historical data trend for Rockwell Automation's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rockwell Automation Interest Expense Chart

Rockwell Automation Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -103.50 -94.60 -123.20 -135.30 -154.60

Rockwell Automation Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -31.00 -33.30 -39.20 -41.00 -41.10

Rockwell Automation Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-155 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rockwell Automation  (NYSE:ROK) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Rockwell Automation's Interest Expense for the three months ended in Sep. 2024 was $-41 Mil. Its Operating Income for the three months ended in Sep. 2024 was $269 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $2,917 Mil.

Rockwell Automation's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*269/-41.1
=6.55

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Rockwell Automation Business Description

Address
1201 South Second Street, Milwaukee, WI, USA, 53204
With roots tracing back to the early 1900s, Rockwell Automation is the successor to Rockwell International, which spun off its avionics segment in 2001. It is a pure-play industrial automation company that operates through three segments. Its largest segment by revenue, intelligent devices, sells factory floor-level devices such as motors, drives, sensors, relays, and actuators. Its software & control segment sells visualization, simulation, and human-machine interface software and control products such as programmable controllers, computers, and operator terminals. Its smallest segment, lifecycle services, offers digital consulting, engineered-to-order services, and other outsourced services such as remote monitoring, cybersecurity, and asset and plant maintenance and optimization.
Executives
James P Keane director
Blake D. Moret director, officer: President and CEO C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Cyril Perducat officer: SVP, Technology 1201 S. 2ND STREET, MILWAUKEE WI 53204
John M Miller officer: VP and Chief IP Counsel C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Veena M Lakkundi officer: SVP, Strategy & Corp Developmt 3M COMPANY, 3M CENTER, BLDG 220 09 E-02, ST. PAUL MN 55144-1000
Tessa M. Myers officer: SVP, Intelligent Devices 4545 W BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224
Matthew W. Fordenwalt officer: SVP Lifecycle Services 1201 S. 2ND STREET, MILWAUKEE WI 53204
Christopher Nardecchia officer: SVP, Chief Information Officer 1201 S. 2ND STREET, MILWAUKEE WI 53204
Isaac Woods officer: Vice President and Treasurer 1201 S 2ND STREET, MILWAUKEE WI 53204
Robert L. Buttermore officer: SVP,Chief Supply Chain Officer 1201 S. 2ND STREET, MILWAUKEE WI 53204
Nicholas C Gangestad officer: Sr. VP and CFO 3M CENTER-OFFICE OF GENERAL COUNSEL, ST. PAUL MN 55144-1000
Scott Genereux officer: Sr.VP, Chief Revenue Officer 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Rebecca W House officer: SVP, CLO and Secretary 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Brian A Shepherd officer: Sr. VP Software and Control 1201 S 2ND STREET, MILWAUKEE WI 53204
Frank C Kulaszewicz officer: SVP C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204