Innovative Industrial Properties, Inc. (IIPR)
NYSE: IIPR · Real-Time Price · USD
61.10
-0.32 (-0.52%)
Jul 28, 2026, 3:09 PM EDT - Market open
IIPR Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | 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 |
Revenue Revenue Growth | 263.23 | 265.96 | 308.52 | 309.51 | 276.36 | 204.55 |
Revenue Growth | -13.63% | -13.80% | -0.32% | 11.99% | 35.10% | 74.98% |
Gross Profit Gross Profit Growth | 232.86 | 235.78 | 280.05 | 284.61 | 265.84 | 200.11 |
Operating Income Operating Income Growth | 123.07 | 124.12 | 168.35 | 174.59 | 169.62 | 135.37 |
Net Income Net Income Growth | 114.29 | 114.44 | 159.86 | 164.24 | 153.03 | 112.64 |
Earnings Per Share EPS Growth | 3.91 | 3.93 | 5.52 | 5.77 | 5.52 | 4.29 |
EPS Growth | -24.81% | -28.80% | -4.33% | 4.53% | 28.70% | -9.13% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | 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 |
Cash & Investments Cash & Investments Growth | 89.12 | 47.6 | 146.25 | 140.25 | 87.12 | 81.1 |
Total Debt Total Debt Growth | 365.98 | 393.1 | 297.87 | 300.88 | 301.5 | 326.09 |
Net Cash (Debt) Net Cash Growth | -276.86 | -345.51 | -151.62 | -160.63 | -214.37 | -245 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -9.77 | -12.18 | -5.31 | -5.68 | -7.75 | -9.33 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | 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 |
Operating Cash Flow Operating Cash Flow Growth | 199.98 | 198.19 | 258.45 | 255.54 | 234.13 | 188.75 |
Capital Expenditures CapEx Growth | -17.34 | -31.29 | -81.75 | -184.99 | -523.97 | -662.13 |
Free Cash Flow Free Cash Flow Growth | 182.64 | 166.9 | 176.7 | 70.55 | -289.84 | -473.38 |
Free Cash Flow Growth | 14.88% | -5.54% | 150.46% | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | 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 |
Gross Margin | 88.46% | 88.65% | 90.77% | 91.96% | 96.19% | 97.83% |
Operating Margin | 46.75% | 46.67% | 54.57% | 56.41% | 61.38% | 66.18% |
Pretax Margin | 45.58% | 44.46% | 52.40% | 53.50% | 55.86% | 55.73% |
Profit Margin | 45.58% | 44.46% | 52.40% | 53.50% | 55.86% | 55.73% |
FCF Margin | 69.38% | 62.76% | 57.27% | 22.79% | -104.88% | -231.42% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 28, 2026 | 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 |
Dividend Per Share Dividend Per Share Growth | 7.600 | 7.600 | 7.520 | 7.220 | 7.100 | 5.720 |
Dividend Per Share Growth | 0% | 1.06% | 4.15% | 1.69% | 24.13% | 27.96% |
Dividend Yield | 12.41% | 16.31% | 11.27% | 7.19% | 6.64% | 2.08% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 28, 2026 | 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 |
PE Ratio | 15.58 | 12.05 | 12.07 | 17.47 | 18.36 | 61.30 |
P/FCF Ratio | - | 7.95 | 10.69 | 40.22 | - | - |
PS Ratio | 6.78 | 4.99 | 6.12 | 9.17 | 10.26 | 32.92 |