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

Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) posted quarterly Non Operating Interest Expenses of -$19.0 million for Q1 2026, down 84.47% year-on-year from -$122.3 million in Q1 2025, and down 59.66% on a QoQ basis from -$11.9 million in Q2 2025.

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

Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) has reported Non Operating Interest Expenses for 5 consecutive years, with -$19.0 million the latest figure, recorded in Q1 2026.

  • Quarterly Non Operating Interest Expenses fell 84.47% year-over-year to -$19.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$52.4 million (down 19.17% YoY) and the FY2023 annual result came in at -$46.3 million, changed 0.19% from the prior year.
  • Non Operating Interest Expenses declined to -$19.0 million in Q1 2026 per VTMX's latest filing, from -$11.9 million in the prior quarter.
  • Over the last five years, Non Operating Interest Expenses for VTMX reached as high as -$10.2 million in Q1 2024 and fell as low as -$22.3 million in Q2 2022.
  • A 5-year average of -$13.0 million and a median of -$11.6 million in 2023 frame the typical range for Non Operating Interest Expenses.
  • Annual changes were most pronounced in 2023 — Non Operating Interest Expenses surged 47.3% — and 2026, when it sank 84.47%.
  • Year by year, Non Operating Interest Expenses stood at -$22.3 million in 2022, then soared by 48.25% to -$11.6 million in 2023, then rose by 2.84% to -$11.2 million in 2024, then declined by 5.97% to -$11.9 million in 2025, then tumbled by 59.66% to -$19.0 million in 2026.
  • According to Business Quant data, Non Operating Interest Expenses over the past three periods registered -$19.0 million, -$11.9 million, and -$10.3 million for Q1 2026, Q2 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Interest Expenses (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 29.69 Bn 29.69 Bn - -
2 Howard Hughes Holdings 3.89 Bn 3.89 Bn 182.88 Mn -
3 Century Communities 2.07 Bn 1.97 Bn 190.18 Mn -
4 Forestar 1.51 Bn 1.12 Bn 84.10 Mn -
5 Five Point Holdings 413.96 Mn 64.59 Mn -23.72 Mn -
6 Belpointe PREP 178.93 Mn 178.93 Mn - -
7 Smith Douglas Homes 139.69 Mn 111.70 Mn 40.45 Mn -
8 Amrep 122.05 Mn 69.36 Mn 4.41 Mn -
9 Logistic Properties of the Americas 93.27 Mn 93.27 Mn - -
10 Kaanapali Land 55.35 Mn 18.66 Mn 10.32 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -19.00 Mn
Jun 30, 2025 -11.90 Mn
Mar 31, 2025 -10.30 Mn
Sep 30, 2024 -11.23 Mn
Jun 30, 2024 -12.25 Mn
Mar 31, 2024 -10.21 Mn
Dec 31, 2023 -11.56 Mn
Sep 30, 2023 -11.40 Mn
Jun 30, 2023 -11.77 Mn
Mar 31, 2023 -11.58 Mn
Jun 30, 2022 -22.34 Mn