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| Date | Value |
|---|---|
| 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 |