MRPRF (Merlin Properties SOCIMI) Interest Expense: $-170.4 Mil (TTM As of Mar. 2026)

What is Merlin Properties SOCIMI Interest Expense?

Merlin Properties SOCIMI MRPRF +0.56% 81 Interest Expense is $-170.4 Mil as of Mar. 2026. GuruFocus rates MRPRF with a GF Score™ of 81/100 and a GF Value™ of $12.51 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Merlin Properties SOCIMI's interest expense for the three months ended in Mar. 2026 was $ -33.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-170.4 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Merlin Properties SOCIMI's Operating Income for the three months ended in Mar. 2026 was $ 114.9 Mil. Merlin Properties SOCIMI's Interest Expense for the three months ended in Mar. 2026 was $ -33.4 Mil. Merlin Properties SOCIMI's Interest Coverage for the quarter that ended in Mar. 2026 was 3.43. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Merlin Properties SOCIMI (OTCPK:MRPRF) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Merlin Properties SOCIMI's Interest Expense for the three months ended in Mar. 2026 was $-33.4 Mil. Its Operating Income for the three months ended in Mar. 2026 was $114.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $5,084.2 Mil.

Merlin Properties SOCIMI's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	114.852	/	-33.443
	=	3.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Merlin Properties SOCIMI Interest Expense Historical Data

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The historical data trend for Merlin Properties SOCIMI's Interest Expense can be seen below:

Merlin Properties SOCIMI Interest Expense Chart

Merlin Properties SOCIMI Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-127.70

-109.52

-119.43

-136.35

-159.18

Merlin Properties SOCIMI Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-22.12	-52.72	-11.73	-72.50	-33.44

81GF Score

Merlin Properties SOCIMI SA MRPRF

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Merlin Properties SOCIMI Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-170.4 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-170.4 Mil mean?

Merlin Properties SOCIMI (MRPRF) has a Interest Expense of $-170.4 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Merlin Properties SOCIMI and its competitors.

Is Merlin Properties SOCIMI's Interest Expense too high?

Merlin Properties SOCIMI's current Interest Expense is $-170.4 Mil. Overall, Merlin Properties SOCIMI has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Merlin Properties SOCIMI's Interest Expense compare to BXP and ARE?

Merlin Properties SOCIMI's Interest Expense of $-170.4 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a REITs company?

A good Interest Expense depends on the REITs industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Merlin Properties SOCIMI and its competitors. Merlin Properties SOCIMI's current Interest Expense is $-170.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Merlin Properties SOCIMI stock overvalued right now?

Based on GuruFocus' analysis, Merlin Properties SOCIMI (MRPRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.51, compared to a current price of $17.90 — trading 43.1% above its estimated fair value. The current Interest Expense is $-170.4 Mil. Merlin Properties SOCIMI's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Merlin Properties SOCIMI (MRPRF), the current Interest Expense is $-170.4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Merlin Properties SOCIMI (MRPRF) Overvalued in 2026?

Based on GuruFocus' analysis, Merlin Properties SOCIMI stock appears to be overvalued. The current stock price of $17.90 is trading 43.1% above its estimated GF Value™ of $12.51. GuruFocus considers Merlin Properties SOCIMI to be Significantly Overvalued.

Key valuation signals for MRPRF:

Interest Expense: $-170.4 Mil
GF Value™: $12.51 vs. price of $17.90 (43.1% above fair value)
GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the MRPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Merlin Properties SOCIMI Business Description

Industry Real Estate REITs

Comparable Companies XMAD:COL XMAD:ARM XMAD:YDOA XMAD:YMRE BXP ARE VNO TSE:8951 XPAR:GFC TSE:8952 SGX:N2IU CUZ KRC ASX:DXS SGX:AJBU BOM:542602 CDP SLG NSE:BAGMANE TSE:8954

Other Exchanges MPTYY:USA MRL:Portugal MRLe:UK 0QVM:UK MRL:Spain MEQA:Germany

Address Paseo de la Castellana 257, Madrid, ESP, 28046

Website https://www.merlinproperties.com

Merlin Properties is Spain's largest listed SOCIMI/REIT, managing a EUR 12.6 billion portfolio across offices, logistics, shopping centers, and data centers. Over the coming years, it will bring 730 MW of data center capacity online, increasing its gross rental income contribution from just 6% in 2025 to 65% by 2032. Its total GRI will more than triple to EUR 1.8 billion, driven by this "Mega" plan. Additionally, it has a pipeline of 4.4 GW worth of land at varying stages of readiness it can develop.

81GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.90

Price

$12.51

GF Value

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