IIPRNYSEReal EstateFiscal year ends December 31Also trades as IIPR.PA
INNOVATIVE INDUSTRIAL PROPERTIES INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$51.61−0.78 (-1.49%)
Close on Oct 19, 2026
- Market cap
- $1.55B
- P/E (TTM)
- 11.7
- Dividend yield
- –
Innovative Industrial Properties statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Real Estate companies for comparison
Valuation
| Measure | Innovative Industrial Properties | Industry median |
|---|---|---|
| Market Cap | $1.42B | $175.82M |
| Enterprise Value | $1.22B | $206.87M |
| PE Ratio | 11.65 | 18.13 |
| PS Ratio | 5.40 | 1.96 |
| PB Ratio | 0.77 | 0.83 |
| P/TBV Ratio | 0.77 | 0.86 |
| P/OCF Ratio | 7.24 | 11.91 |
Enterprise value
| Measure | Innovative Industrial Properties | Industry median |
|---|---|---|
| EV / Sales | 4.62 | 1.35 |
| EV / EBITDA | 5.80 | 8.59 |
| EV / EBIT | 8.98 | 9.54 |
Income (trailing twelve months)
| Measure | Innovative Industrial Properties | Industry median |
|---|---|---|
| Revenue | $263.65M | $81.52M |
| Operating Income | $135.62M | -$226.60K |
| Net Income | $137.81M | $106.49K |
| EBITDA | $210.18M | $998.44K |
| EPS (Diluted) | $4.43 | $0.04 |
Margins
| Measure | Innovative Industrial Properties | Industry median |
|---|---|---|
| Operating Margin | 51.4% | 0.42% |
| Profit Margin | 52.3% | 1.19% |
| EBITDA Margin | 79.7% | 5.43% |
Returns
| Measure | Innovative Industrial Properties | Industry median |
|---|---|---|
| Return on Equity (ROE) | 7.39% | 1.36% |
| Return on Assets (ROA) | 5.64% | 0.08% |
| Return on Invested Capital (ROIC) | 6.26% | -1.23% |
Growth
| Measure | Innovative Industrial Properties | Industry median |
|---|---|---|
| Revenue Growth (YoY) | -8.42% | 6.72% |
| Net Income Growth (YoY) | 0.34% | -31.9% |
| EPS Growth (YoY) | -4.73% | -31.2% |
| Revenue Growth (3Y CAGR) | -1.27% | 2.91% |
| Revenue Growth (5Y CAGR) | 17.9% | 7.46% |
| EPS Growth (3Y CAGR) | -10.7% | -3.20% |
| EPS Growth (5Y CAGR) | 3.75% | 11.6% |
Balance sheet
| Measure | Innovative Industrial Properties | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $204.73M | $26.33M |
| Net Cash (Debt) | $204.73M | $5.72M |
| Net Cash Per Share | $7.43 | $0.28 |
| Equity (Book Value) | $1.85B | $162.17M |
| Book Value Per Share | $67.16 | $6.14 |
| Tangible Book Value | $1.85B | $84.98M |
Financial position
| Measure | Innovative Industrial Properties | Industry median |
|---|---|---|
| Interest Coverage | 5.21 | -0.21 |
Cash flow (trailing twelve months)
| Measure | Innovative Industrial Properties | Industry median |
|---|---|---|
| Operating Cash Flow | $196.45M | $1.23M |
Efficiency
| Measure | Innovative Industrial Properties | Industry median |
|---|---|---|
| Asset Turnover | 0.11 | 0.14 |
| Revenue Per Employee | $11.46M | $898.15K |
| Profits Per Employee | $5.99M | $2.61K |
| Employee Count | 23 | 60 |
Dividends and yields
| Measure | Innovative Industrial Properties | Industry median |
|---|---|---|
| Earnings Yield | 9.68% | 0.56% |
| Buyback Yield | 3.16% | 0.55% |
| Shareholder Yield | 3.16% | 2.51% |
| Payout Ratio | 156.6% | 108.9% |
Shares
| Measure | Innovative Industrial Properties | Industry median |
|---|---|---|
| Shares Outstanding | 27,571,300 | 38,895,800 |
| Shares Change (YoY) | 0.97% | 1.12% |
| Shares Change (QoQ) | -2.62% | 0.00% |
| Float | 26,994,100 | 26,237,100 |
| Shares Held by Insiders | 2.09% | 6.83% |
| Shares Held by Institutions | 75.8% | 60.1% |
Scores
| Measure | Innovative Industrial Properties | Industry median |
|---|---|---|
| Graham Number | $81.82 | $13.07 |
| Graham Upside | 58.5% | 13.8% |
| Altman Z-Score | 1.44 | 0.76 |
| Piotroski F-Score | 5 | 4 |
Calculated by StockData from Innovative Industrial Properties's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.