IIPR — INNOVATIVE INDUSTRIAL PROPERTIES INC

NYSE · Real Estate · Equity Real Estate Investment Trusts (REITs) · CIK 1677576 ·
Last close
$57.06
Market Cap
$1.64B
52W High
$61.40
52W Low
$48.51
ADV30
344,847
Next earnings
Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties and life science real estate. Innovative Industrial Properties, Inc. was incorporated on June 15th 2016 in Maryland and is based in San Diego, United States.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026
Dec 2025 66,657,000 58,677,000 32,172,000 31,841,000 2,370,858,000 47,597,000 522,854,000
Sep 2025 64,685,000 56,734,000 29,414,000 29,305,000 2,337,914,000 36,671,000 474,573,000
Jun 2025 62,891,000 56,024,000 28,898,000 26,024,000 2,305,055,000 99,666,000 424,649,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$198,189,000
Investing CF
$-174,301,000
Financing CF
$-122,536,000
CapEx
Dividends Paid
$-219,515,000
Buybacks
$-20,108,000
EPS Diluted TTM
$3.91
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-312,988,000
Inventory
Receivables
$119,293,000
ST Investments
EBIT TTM
$136,975,000
Pretax Income TTM
$118,247,000
Interest Exp TTM
$18,728,000
Analysts
4

Yahoo Snapshot (yfinance, live)

Total Revenue
$263,228,992
EBITDA
$200,704,000
Free Cash Flow
$156,342,128
Enterprise Value
$2,026,816,256
Total Cash
$89,117,000
Total Debt
$365,980,992
Shares Out
28,774,470
Trailing EPS
$3.92
Book Value
$63.09
ROE
6.3%
ROA
3.3%
Div Yield
13.32%

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 265,955,000 127,975,000 118,247,000 2,370,858,000 522,854,000 198,189,000
Dec 2024 308,517,000 171,794,000 161,661,000 2,378,047,000 441,987,000 258,446,000
Dec 2023 309,506,000 174,587,000 165,588,000 2,391,090,000 438,118,000 255,543,000
Dec 2022 276,359,000 166,016,000 154,386,000 2,414,836,000 452,943,000 234,130,000

TTM Snapshot

Revenues TTM
$76,526,000
NetIncome TTM
$40,215,000
OpCashFlow TTM
$0
Assets (Latest)
$2,378,047,000
Forward EPS
$4.79

Peers — same industry

TickerNameMarket CapLastDaily %
SILA Sila Realty Trust, Inc. $1.67B $30.25
EFC Ellington Financial Inc. $1.70B $13.59
PEB Pebblebrook Hotel Trust $1.71B $15.12
SMA SmartStop Self Storage REIT, Inc. $1.72B $31.03
KW Kennedy-Wilson Holdings, Inc. $1.53B $11.01

News headlines (Yahoo Finance, 1h cache)

Innovative Industrial Properties Announces Full Repayment of $282 Million of Senior Notes
2026-05-26 18:56 · Yahoo
The Most Important Marijuana Stock You're Not Watching
2026-05-23 08:20 · Yahoo
Refinancing Shift At Innovative Industrial Properties Reshapes Debt And Investor Outlook
2026-05-22 05:13 · Yahoo
A Look At Innovative Industrial Properties (IIPR) Valuation After Recent Share Price Momentum
2026-05-21 08:09 · Yahoo
Innovative Industrial Properties Announces Closing of $45 Million in Secured Term Loans
2026-05-20 10:30 · Yahoo
Small REIT ETF paying monthly dividends faces refinancing squeeze as rates hold steady
2026-05-13 11:36 · Yahoo
Innovative Industrial Properties Q1 Earnings Call Highlights
2026-05-11 01:06 · Yahoo
High yield ETF KBWY faces hidden payout risk from cannabis REIT tenant defaults
2026-05-07 12:36 · Yahoo
Innovative Industrial Properties (IIPR) Is Up 8.4% After New Leases, Capital Raise And Dividend Update
2026-05-07 01:15 · Yahoo
Innovative Industrial Properties Announces Closing of $56.5 Million Secured Term Loan
2026-05-06 10:30 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.