NAVIENT CORP Annual Interest Expense in USD from 2012 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Navient Corp quarterly/annual Interest Expense history and growth rate from 2012 to 2023.
  • Navient Corp Interest Expense for the quarter ending June 30, 2024 was $843M, a 8.27% decline year-over-year.
  • Navient Corp Interest Expense for the twelve months ending June 30, 2024 was $3.52B, a 10% increase year-over-year.
  • Navient Corp annual Interest Expense for 2023 was $3.56B, a 69.2% increase from 2022.
  • Navient Corp annual Interest Expense for 2022 was $2.1B, a 59.7% increase from 2021.
  • Navient Corp annual Interest Expense for 2021 was $1.32B, a 35.7% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $3.56B +$1.46B +69.2% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-26
2022 $2.1B +$786M +59.7% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-26
2021 $1.32B -$730M -35.7% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-26
2020 $2.05B -$1.44B -41.3% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-24
2019 $3.49B -$180M -4.91% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-25
2018 $3.67B +$697M +23.5% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-26
2017 $2.97B +$530M +21.7% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-27
2016 $2.44B +$367M +17.7% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-26
2015 $2.07B +$11M +0.53% Jan 1, 2015 Dec 31, 2015 8-K 2018-05-03
2014 $2.06B -$147M -6.65% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-24
2013 $2.21B -$351M -13.7% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-25
2012 $2.56B Jan 1, 2012 Dec 31, 2012 10-K 2015-02-27
* An asterisk sign (*) next to the value indicates that the value is likely invalid.