Company / Interest Expense
Innovative Industrial Properties, Inc. Interest Expense History
FY2017-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$17.5M
FY2023
5-year range
$6.3M / $17.5M
FY2019-FY2023
Trend
+135.1%
vs FY2022
Sector context
#57 of 61
Real Estate
What the data says
Among 61 Real Estate companies, Innovative Industrial Properties, Inc. is in the top 7% for interest expense. Interest Expense has increased for 3 consecutive years, from $0 in FY2020 to $17M in FY2023.
Based on SEC 10-K filings.
$17M in FY2023.
Increased from $6M to $17M over the past 2 years.
Real Estate sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 7% in Real EstateTop 7% of 61This company $17.5M Sector average $209.9M
▼
-91.7% below sector average
Key checks
Key Insights
- In FY2023, interest expense increased 135.1% year-over-year.
- Ranks #57 out of 61 companies in the Real Estate sector.
- Lowest interest expense in the period was in FY2020.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $17.5M | +135.1% |
| FY2022 | $7.4M | +17.8% |
| FY2021 | $6.3M | - |
| FY2020 | $0 | - |
| FY2019 | $0 | - |
| FY2018 | - | - |
| FY2017 | $0 | - |
| FY2016 | - | - |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026