Rexford Industrial Realty 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
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
Property Revenue	980.38	922.1	791.38	630.58	451.73
Service and Other Revenue	0.59	0.61	0.68	0.62	0.47
Revenue	980.97	922.71	792.07	631.19	452.2
Revenue Growth (YoY)	6.31%	16.49%	25.49%	39.58%	37.11%
Property Expenses	227.73	210.26	184.48	150.5	107.72
Total Property Expenses	227.73	210.26	184.48	150.5	107.72
Gross Profit	753.24	712.45	607.59	480.69	344.48
Selling, General & Admin	78.86	82.15	75.03	64.26	48.99
Depreciation & Amortization Expenses	315.92	275.25	244.51	196.79	151.27
Other Operating Expenses	161.71	2.24	1.82	1.56	1.3
Operating Income	196.76	352.81	286.23	218.07	142.92
Net Gains on Disposal of Properties	106.03	18.01	19	8.49	33.93
Interest Income	22.17	13.7	5.76	0.01	0.04
Interest Expense	-104.9	-98.6	-61.4	-48.5	-40.14
Other Non-Operating Income (Expense)	-0.29	-	-	-0.92	-0.51
Total Non-Operating Income (Expense)	23.01	-66.88	-36.64	-40.92	-6.68
Pretax Income	219.76	285.93	249.59	177.16	136.25
Net Income	200.17	262.87	227.45	157.48	111.76
Minority Interest in Earnings	7.73	12.12	11.58	9.57	8.01
Net Income Attributable to Preferred Dividends	11.86	10.94	10.57	10.1	16.48
Net Income to Common	200.17	262.87	227.45	157.48	111.76
Net Income Growth	-23.85%	15.57%	44.43%	40.91%	82.17%
Shares Outstanding (Basic)	232	218	203	170	139
Shares Outstanding (Diluted)	233	218	203	171	140
Shares Change (YoY)	6.45%	7.56%	18.79%	22.06%	15.60%
EPS (Basic)	0.86	1.20	1.12	0.92	0.80
EPS (Diluted)	0.86	1.20	1.12	0.92	0.80
EPS Growth	-28.33%	7.14%	21.74%	15.00%	56.86%
Shares Outstanding	231.58	225.29	212.35	189.11	160.51
Free Cash Flow	208.66	105.53	160.98	192.6	128.99
Free Cash Flow Growth	97.74%	-34.45%	-16.41%	49.32%	23.75%
Free Cash Flow Per Share	0.90	0.48	0.79	1.13	0.92
Dividends Per Share	1.720	1.670	1.520	1.260	0.960
Dividend Growth	2.99%	9.87%	20.64%	31.25%	11.63%
Gross Margin	76.79%	77.21%	76.71%	76.16%	76.18%
Operating Margin	20.06%	38.24%	36.14%	34.55%	31.61%
Profit Margin	22.40%	30.99%	31.51%	28.07%	30.13%
FCF Margin	21.27%	11.44%	20.32%	30.51%	28.52%
EBITDA	512.68	628.06	530.74	414.87	294.19
EBITDA Margin	52.26%	68.07%	67.01%	65.73%	65.06%
EBIT	196.76	352.81	286.23	218.07	142.92
EBIT Margin	20.06%	38.24%	36.14%	34.55%	31.61%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

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