Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Interest Expenses (2022 - 2026)

Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) posted quarterly Interest Expenses of -$27.8 million for Q2 2026, down 28.7% year-on-year from -$39.0 million in Q2 2025, and down 46.32% on a QoQ basis from -$19.0 million in Q1 2026.

Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Interest Expenses (2022 - 2026) Analysis & Trends

Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) has reported Interest Expenses for 5 consecutive years, with -$27.8 million the latest figure, recorded in Q2 2026.

  • Quarterly Interest Expenses fell 28.7% year-over-year to -$27.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$119.8 million (down 18.15% YoY) and the FY2025 annual result came in at $56.2 million, up 226.92% from the prior year.
  • Interest Expenses slipped to -$27.8 million in Q2 2026 per VTMX's latest filing, from -$19.0 million in the prior quarter.
  • Over the last five years, Interest Expenses for VTMX reached as high as -$10.2 million in Q1 2024 and fell as low as -$45.4 million in Q4 2025.
  • A 5-year average of -$24.3 million and a median of -$22.6 million in 2022 frame the typical range for Interest Expenses.
  • The largest YoY upside for Interest Expenses was 47.65% in 2023 against a maximum downside of 265.85% in 2023.
  • Year by year, Interest Expenses stood at -$12.3 million in 2022, then slumped by 265.85% to -$45.0 million in 2023, then climbed by 6.44% to -$42.1 million in 2024, then fell by 7.84% to -$45.4 million in 2025, then soared by 38.77% to -$27.8 million in 2026.
  • According to Business Quant data, Interest Expenses over the past three periods registered -$27.8 million, -$19.0 million, and -$45.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 29.26 Bn 29.26 Bn - -27.80 Mn
2 Howard Hughes Holdings 3.93 Bn 3.93 Bn 182.88 Mn 95.67 Mn
3 Century Communities 2.06 Bn 1.97 Bn 190.18 Mn -
4 Forestar 1.46 Bn 1.06 Bn 84.10 Mn 6.20 Mn
5 Five Point Holdings 417.77 Mn 68.40 Mn -23.72 Mn 5.95 Mn
6 Belpointe PREP 178.93 Mn 178.93 Mn - 5.29 Mn
7 Smith Douglas Homes 139.28 Mn 111.29 Mn 40.45 Mn 1.93 Mn
8 Amrep 122.11 Mn 69.42 Mn 4.41 Mn 433,000.00
9 Logistic Properties of the Americas 95.17 Mn 95.17 Mn - 6.03 Mn
10 Kaanapali Land 55.35 Mn 18.66 Mn 10.32 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2026 -27.80 Mn
Jun 30, 2026 -27.80 Mn
Mar 31, 2026 -19.00 Mn
Mar 31, 2026 -19.00 Mn
Dec 31, 2025 -45.40 Mn
Dec 31, 2025 -45.40 Mn
Sep 30, 2025 -27.60 Mn
Sep 30, 2025 -27.60 Mn
Jun 30, 2025 -21.60 Mn
Jun 30, 2025 -21.60 Mn
Mar 31, 2025 -10.30 Mn
Mar 31, 2025 -10.30 Mn
Dec 31, 2024 -42.10 Mn
Dec 31, 2024 -42.10 Mn
Sep 30, 2024 -27.40 Mn
Sep 30, 2024 -27.40 Mn
Jun 30, 2024 -20.50 Mn
Jun 30, 2024 -20.50 Mn
Mar 31, 2024 -10.20 Mn
Mar 31, 2024 -10.20 Mn