Saratoga Investment (SAR) Interest Expenses (2021 - 2026)
Saratoga Investment's Interest Expenses came in at $13.65 million for fiscal Q1 2027 (quarter ended May 31, 2026), up 9.6% from $12.45 million a year earlier and up 8.6% from the prior quarter.
Saratoga Investment (SAR) Interest Expenses (2021 - 2026) Analysis & Trends
Over the trailing twelve months to May 31, 2026, Saratoga Investment reported Interest Expenses of $50.5 million, down 2.7% year-over-year; for FY2026 (ended Feb 28, 2026), it came in at $49.3 million, down 5.3% from FY2025.
- Interest Expenses carries a five-year compound annual growth rate of 29.4% (FY2021 to FY2026).
- Going back by fiscal year, Interest Expenses was $52.06 million in FY2025 (+5.9%), $49.18 million in FY2024 (+46.8%), $33.5 million in FY2023 (+68.5%) and $19.88 million in FY2022 (+46.3%).
- The fiscal Q1 2027 figure represents the highest quarterly Interest Expenses in data going back to fiscal Q2 2022.
- Year-over-year, Interest Expenses increased in four of the last eight quarters, with growth averaging 0.2%.
- The fastest year-over-year change in Interest Expenses over five years came in fiscal Q4 2023 (growth of 86.0%), and the weakest in fiscal Q3 2026 (a decline of 11.2%).
- Business Quant data shows SAR's Interest Expenses at $12.57 million (Q4 2026), $11.91 million (Q3 2026) and $12.37 million (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 374.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 281.69 Mn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 33.32 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 118.51 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 975.00 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 214.00 Mn |
| 10 | Saratoga Investment | 272.03 Mn | 66.25 Mn | - | 13.65 Mn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 13.65 Mn |
| Feb 28, 2026 | 12.57 Mn |
| Nov 30, 2025 | 11.91 Mn |
| Aug 31, 2025 | 12.37 Mn |
| May 31, 2025 | 12.45 Mn |
| Feb 28, 2025 | 12.92 Mn |
| Nov 29, 2024 | 13.41 Mn |
| Aug 31, 2024 | 13.13 Mn |
| May 31, 2024 | 12.96 Mn |
| Feb 29, 2024 | 12.55 Mn |
| Nov 30, 2023 | 12.52 Mn |
| Aug 31, 2023 | 12.41 Mn |
| May 31, 2023 | 11.69 Mn |
| Feb 28, 2023 | 10.26 Mn |
| Nov 30, 2022 | 8.45 Mn |
| Aug 31, 2022 | 7.92 Mn |
| May 31, 2022 | 6.87 Mn |
| Feb 28, 2022 | 5.51 Mn |
| Nov 30, 2021 | 4.84 Mn |
| Aug 31, 2021 | 5.18 Mn |
Saratoga Investment Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=SAR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "SAR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=SAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();