Company / Interest Expense
Plymouth Industrial REIT, Inc. Interest Expense History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$37.4M
FY2024
5-year range
$18.9M / $38.3M
FY2020-FY2024
Trend
-2.3%
vs FY2023
Sector context
#52 of 65
Real Estate
What the data says
Plymouth Industrial REIT, Inc.'s interest expense of $37M is lower than 80% of companies in the Real Estate sector (FY2024). Interest Expense has fluctuated over the past 10 years, ranging from $12M in FY2017 to $45M in FY2015.
Based on SEC 10-K filings.
$37M in FY2024 with a 5-year CAGR of +20.1%.
Increased from $32M to $37M over the past 2 years.
Real Estate sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +23.3%
- 5-Year CAGR
- +20.1%
- 10-Year CAGR
- -
Sector benchmark
Top 20% in Real EstateTop 20% of 65This company $37.4M Sector average $189.2M
▼
-80.2% below sector average
Key checks
Key Insights
- 5-year CAGR of +20.1%, indicating consistent growth.
- In FY2024, interest expense decreased 2.3% year-over-year.
- Ranks #52 out of 65 companies in the Real Estate sector.
- Peak interest expense was recorded in FY2015.
Company context
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $37.4M | -2.3% |
| FY2023 | $38.3M | +18.8% |
| FY2022 | $32.2M | +61.3% |
| FY2021 | $20.0M | +5.5% |
| FY2020 | $18.9M | +26.6% |
| FY2019 | $14.9M | -5.0% |
| FY2018 | $15.7M | +35.9% |
| FY2017 | $11.6M | -71.5% |
| FY2016 | $40.7M | -8.9% |
| FY2015 | $44.7M | +236.4% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026