Innovative Industrial Properties, Inc. (IIPR)

IIPR Ratios and Metrics

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

Fiscal Year	Current	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jan 21, 2025	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Market Capitalization	1,979	2,827	2,835	6,291	4,061	959
Market Cap Growth	79.75%	-0.29%	-54.93%	54.92%	323.58%	116.06%
Enterprise Value	2,131	3,026	3,075	6,610	4,051	1,007
Last Close Price	69.85	93.27	85.74	209.19	141.84	56.43
Price/FFO Ratio	16.13	11.37	11.22	33.90	-	19.60
Price/AFFO Ratio	14.49	10.27	10.15	31.41	-	17.21
PE Ratio	12.46	17.37	18.63	56.13	63.58	44.12
PS Ratio	6.33	9.13	10.26	30.76	34.74	21.46
PB Ratio	1.03	1.45	1.45	3.90	2.66	1.75
P/FCF Ratio	7.42	11.06	12.11	33.33	36.65	21.34
P/OCF Ratio	7.42	11.06	12.11	33.33	36.65	21.34
EV/Sales Ratio	6.85	9.78	11.13	32.32	34.65	22.54
EV/EBITDA Ratio	8.66	12.38	13.35	37.32	41.44	30.03
EV/EBIT Ratio	12.09	17.09	18.19	48.83	58.09	40.38
EV/FCF Ratio	7.99	11.84	13.13	35.02	36.56	22.41
Debt / Equity Ratio	0.15	0.15	0.15	0.20	0.09	0.25
Debt / EBITDA Ratio	1.21	1.23	1.31	1.84	1.41	4.05
Debt / FCF Ratio	1.12	1.18	1.29	1.73	1.24	3.02
Asset Turnover	0.13	0.13	0.12	0.11	0.09	0.09
Quick Ratio	2.10	2.06	1.42	1.74	3.63	5.02
Current Ratio	2.66	2.69	2.06	2.13	3.63	7.16
Return on Equity (ROE)	8.38%	8.46%	8.64%	7.27%	6.34%	5.78%
Return on Assets (ROA)	4.60%	4.61%	4.70%	4.39%	3.47%	3.03%
Return on Capital (ROIC)	4.90%	4.90%	5.03%	4.70%	3.71%	3.29%
Earnings Yield	8.07%	5.86%	5.45%	1.81%	1.62%	2.45%
FCF Yield	13.48%	9.04%	8.26%	3.00%	2.73%	4.69%
Dividend Yield	10.88%	7.74%	8.28%	2.73%	3.15%	5.01%
Payout Ratio	135.54%	123.24%	120.02%	116.07%	116.87%	101.96%
Buyback Yield / Dilution	-0.90%	-2.14%	-5.34%	-34.28%	-83.05%	-46.64%
Total Shareholder Return	9.98%	5.60%	2.94%	-31.54%	-79.90%	-41.63%

Source: S&P Capital IQ. Real Estate template. Financial Sources.