IIPR Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 27, 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
Market Capitalization	1,490	1,327	1,888	2,827	2,835	6,291
Market Cap Growth	-28.80%	-29.71%	-33.21%	-0.29%	-54.94%	54.92%
Enterprise Value	1,836	1,674	2,063	3,026	3,075	6,610
Last Close Price	52.96	47.36	58.04	81.23	74.68	182.20
Price/FFO Ratio	6.99	6.99	7.19	9.91	9.77	29.53
Price/AFFO Ratio	6.54	6.54	6.46	8.95	8.84	27.36
PE Ratio	13.48	11.91	11.98	17.37	18.63	56.13
PS Ratio	5.60	4.99	6.12	9.13	10.26	30.76
PB Ratio	0.82	0.72	0.98	1.45	1.45	3.90
P/OCF Ratio	7.52	6.70	7.31	11.06	12.11	33.33
EV/Sales Ratio	6.90	6.30	6.69	9.78	11.13	32.32
EV/EBITDA Ratio	9.00	8.21	8.48	12.39	13.35	37.32
EV/EBIT Ratio	14.13	12.88	11.96	17.09	18.19	48.83
Debt / Equity Ratio	0.21	0.21	0.15	0.15	0.15	0.20
Debt / EBITDA Ratio	1.92	1.92	1.22	1.23	1.31	1.84
Net Debt / Equity Ratio	0.19	0.19	0.08	0.08	0.11	0.15
Net Debt / EBITDA Ratio	1.70	1.70	0.62	0.66	0.93	1.38
Asset Turnover	0.11	0.11	0.13	0.13	0.12	0.11
Quick Ratio	0.17	0.17	2.49	2.07	1.42	1.74
Current Ratio	0.23	0.23	2.84	2.72	2.06	2.13
Return on Equity (ROE)	6.25%	6.25%	8.31%	8.46%	8.64%	7.27%
Return on Assets (ROA)	3.42%	3.42%	4.52%	4.61%	4.70%	4.39%
Earnings Yield	7.48%	8.91%	8.56%	5.86%	5.45%	1.81%
Dividend Yield	13.91%	16.05%	12.96%	8.89%	9.51%	3.14%
Payout Ratio	193.38%	185.64%	132.09%	123.23%	120.02%	116.07%
Buyback Yield / Dilution	0.54%	0.54%	-0.97%	-2.14%	-5.34%	-34.28%
Total Shareholder Return	14.45%	16.59%	11.98%	6.75%	4.17%	-31.14%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

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