Global Medical REIT Inc. Interest Expense History
GMRE / Real Estate|9 years of SEC 10-K data (FY2015-FY2023)
$31M in FY2023 with a 5-year CAGR of +15.6%.
Increased from $20M to $31M over the past 2 years.
Global Medical REIT Inc.'s interest expense of $31M is lower than 85% of companies in the Real Estate sector (FY2023). Interest Expense has increased for 8 consecutive years, from $2M in FY2015 to $31M in FY2023.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +18.3%
- 5-Year CAGR
- +15.6%
- 10-Year CAGR
- -
Interest Expense Trend
Top 15% in Real EstateTop 15% of 65This company $30.9M Sector average $189.2M
▼
-83.7% below sector average
Key Insights
- Global Medical REIT Inc.'s interest expense has grown for 8 consecutive years.
- 5-year CAGR of +15.6%, indicating consistent growth.
- In FY2023, interest expense increased 22.4% year-over-year.
- Ranks #55 out of 65 companies in the Real Estate sector.
Annual Data
| Year | Interest Expense | YoY Growth |
|---|---|---|
| FY2024 | - | - |
| FY2023 | $30.9M | +22.4% |
| FY2022 | $25.2M | +28.1% |
| FY2021 | $19.7M | +5.4% |
| FY2020 | $18.7M | +6.9% |
| FY2019 | $17.5M | +16.7% |
| FY2018 | $15.0M | +101.4% |
| FY2017 | $7.4M | +79.6% |
| FY2016 | $4.1M | +172.5% |
| FY2015 | $1.5M | +234.1% |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026