Innovative Industrial Properties, Inc. Interest Expense History
IIPR / Real Estate|7 years of SEC 10-K data (FY2017-FY2023)
$17M in FY2023 with a 3-year CAGR of +33.0%.
Improved from $18M to $17M over the past 2 years.
Innovative Industrial Properties, Inc.'s interest expense of $17M is lower than 88% of companies in the Real Estate sector (FY2023). Improved from $18M to $17M over the past 2 years.
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
- +33.0%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Interest Expense Trend
Top 12% in Real EstateTop 12% of 65This company $17.5M Sector average $189.2M
▼
-90.8% below sector average
Key Insights
- 3-year CAGR of +33.0%, indicating consistent growth.
- In FY2023, interest expense decreased 4.6% year-over-year.
- Ranks #57 out of 65 companies in the Real Estate sector.
- Peak interest expense was recorded in FY2022.
Annual Data
| Year | Interest Expense | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $17.5M | -4.6% |
| FY2022 | $18.3M | +1.2% |
| FY2021 | $18.1M | +143.4% |
| FY2020 | $7.4M | +17.8% |
| FY2019 | $6.3M | - |
| FY2018 | $0 | - |
| FY2017 | $0 | - |
| FY2016 | - | - |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026