Innovative Industrial Properties Financial Ratios
NYSE: IIPRFinanceReal EstateUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
Innovative Industrial Properties ratio analysis
Innovative Industrial Properties earned a net margin of 44.5% in FY 2025, down from 52.4% a year earlier. Return on equity reached 6.4%, meaning Innovative Industrial Properties generated 0.06 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 0.21.
At the end of FY 2025, IIPR traded at 12.6 times earnings; across the 8 fiscal years shown, its year-end P/E ranged from 12.3 to 61.7, with a median of 27.7. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Innovative Industrial Properties financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 12.59 | 12.33 | 17.47 | 18.36 | 57.78 | 56.00 | 37.00 | 61.73 | — |
| Price / sales | 5.21 | 6.23 | 9.11 | 10.03 | 30.72 | 30.46 | 17.73 | 22.35 | 16.99 |
| Price / book | 0.75 | 0.99 | 1.44 | 1.41 | 3.90 | 2.33 | 1.45 | 1.25 | 1.48 |
| Operating margin | 46.7% | 54.6% | 56.4% | 61.4% | 66.2% | 59.7% | 55.8% | 36.1% | -3.5% |
| Net margin | 44.5% | 52.4% | 53.5% | 55.9% | 55.7% | 56.2% | 52.6% | 47.2% | -1.1% |
| Free cash flow margin | 74.5% | 83.8% | 82.6% | 84.7% | 92.3% | 94.8% | 100.6% | 106.1% | -14.0% |
| Return on equity (ROE) | 6.4% | 8.3% | 8.5% | 7.9% | 7.1% | 4.3% | 4.3% | 2.6% | -0.1% |
| Return on assets (ROA) | 5.0% | 6.8% | 6.9% | 6.4% | 5.5% | 3.7% | 3.1% | 2.5% | -0.1% |
| Debt / equity | 0.21 | — | — | — | — | — | 0.25 | — | — |
| Revenue growth | -13.8% | -0.3% | 12.0% | 35.1% | 75.0% | 161.7% | 202.1% | 130.3% | — |
| EPS growth | -28.8% | -4.3% | 4.5% | 21.3% | 39.1% | 61.1% | 170.7% | — | — |