Innovative Industrial Properties, Inc. (IIPR)
NYSE: IIPR · Real-Time Price · USD
54.54
+0.17 (0.31%)
At close: Mar 9, 2026, 4:00 PM EDT
54.58
+0.04 (0.07%)
After-hours: Mar 9, 2026, 5:25 PM EDT
IIPR Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Rental Revenue | 265.49 | 306.94 | 307.35 | 274.38 | 204.55 | Upgrade
|
| Other Revenue | 0.47 | 1.58 | 2.16 | 1.98 | - | Upgrade
|
| Total Revenue | 265.96 | 308.52 | 309.51 | 276.36 | 204.55 | Upgrade
|
| Revenue Growth (YoY | -13.80% | -0.32% | 11.99% | 35.10% | 74.98% | Upgrade
|
| Property Expenses | 30.18 | 28.47 | 24.89 | 10.52 | 4.44 | Upgrade
|
| Selling, General & Administrative | 31.73 | 36.66 | 40.35 | 35.51 | 22.96 | Upgrade
|
| Depreciation & Amortization | 74.07 | 70.81 | 67.19 | 61.3 | 41.78 | Upgrade
|
| Total Operating Expenses | 135.97 | 135.94 | 132.44 | 107.33 | 69.18 | Upgrade
|
| Operating Income | 129.98 | 172.58 | 177.07 | 169.03 | 135.37 | Upgrade
|
| Interest Expense | -20.2 | -17.67 | -17.47 | -18.3 | -18.09 | Upgrade
|
| Interest & Investment Income | 14.32 | 10.99 | 8.45 | 3.2 | 0.4 | Upgrade
|
| EBT Excluding Unusual Items | 124.11 | 165.9 | 168.05 | 153.92 | 117.68 | Upgrade
|
| Gain (Loss) on Sale of Assets | -0.33 | -3.45 | - | 3.6 | - | Upgrade
|
| Asset Writedown | -3.53 | - | - | - | - | Upgrade
|
| Total Legal Settlements | -2.01 | -0.79 | -2.48 | -3.01 | - | Upgrade
|
| Other Unusual Items | - | - | 0.02 | -0.13 | -3.69 | Upgrade
|
| Pretax Income | 118.25 | 161.66 | 165.59 | 154.39 | 113.99 | Upgrade
|
| Net Income | 118.25 | 161.66 | 165.59 | 154.39 | 113.99 | Upgrade
|
| Preferred Dividends & Other Adjustments | 6.8 | 4.06 | 2.83 | 2.19 | 1.91 | Upgrade
|
| Net Income to Common | 111.45 | 157.6 | 162.75 | 152.2 | 112.08 | Upgrade
|
| Net Income Growth | -26.86% | -2.37% | 7.26% | 35.44% | 73.42% | Upgrade
|
| Basic Shares Outstanding | 28 | 28 | 28 | 27 | 24 | Upgrade
|
| Diluted Shares Outstanding | 28 | 29 | 28 | 28 | 26 | Upgrade
|
| Shares Change (YoY) | -0.54% | 0.97% | 2.14% | 5.34% | 34.28% | Upgrade
|
| EPS (Basic) | 3.98 | 5.58 | 5.82 | 5.57 | 4.69 | Upgrade
|
| EPS (Diluted) | 3.93 | 5.52 | 5.77 | 5.52 | 4.55 | Upgrade
|
| EPS Growth | -28.87% | -4.21% | 4.45% | 21.24% | 39.27% | Upgrade
|
| Dividend Per Share | 7.600 | 7.520 | 7.220 | 7.100 | 5.720 | Upgrade
|
| Dividend Growth | 1.06% | 4.15% | 1.69% | 24.13% | 27.96% | Upgrade
|
| Operating Margin | 48.87% | 55.94% | 57.21% | 61.16% | 66.18% | Upgrade
|
| Profit Margin | 41.91% | 51.08% | 52.59% | 55.07% | 54.79% | Upgrade
|
| EBITDA | 204.05 | 243.39 | 244.26 | 230.33 | 177.15 | Upgrade
|
| EBITDA Margin | 76.72% | 78.89% | 78.92% | 83.34% | 86.61% | Upgrade
|
| D&A For Ebitda | 74.07 | 70.81 | 67.19 | 61.3 | 41.78 | Upgrade
|
| EBIT | 129.98 | 172.58 | 177.07 | 169.03 | 135.37 | Upgrade
|
| EBIT Margin | 48.87% | 55.94% | 57.21% | 61.16% | 66.18% | Upgrade
|
| Funds From Operations (FFO) | 192.36 | 230.21 | 231.43 | 210.74 | 154.41 | Upgrade
|
| FFO Per Share | 6.78 | 8.07 | 8.20 | 7.64 | 6.17 | Upgrade
|
| Adjusted Funds From Operations (AFFO) | 205.41 | 256.12 | 256.28 | 233.09 | 167.44 | Upgrade
|
| AFFO Per Share | 7.24 | 8.98 | 9.08 | 8.45 | 6.66 | Upgrade
|
| FFO Payout Ratio | 112.43% | 92.07% | 87.59% | 87.29% | 84.81% | Upgrade
|
| Revenue as Reported | 265.96 | 308.52 | 309.51 | 276.36 | 204.55 | Upgrade
|
Source: S&P Capital IQ. Real Estate template. Financial Sources.