← Industrial Logistics Properties Trust

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenues:
Cost Of Revenue $17.2m $17.9m $19.3m $30.4m $35.2m $30.1m $50.6m $60.1m $62.6m $61.7m
Reconciled Cost Of Revenue — — — — — — $56.8m $63.6m $67.3m $67.6m
Gross Profit — — — — — — $337.5m $377.3m $379.8m $387.2m
Operating expenses:
Other operating expenses $10.6m $10.9m $13.0m $17.6m $20.7m $18.7m $30.9m $38.2m $38.5m $37.1m
EBIT ($13.8m) $138.0m $150.2m $142.1m
Additional Financial Items
Income (Loss) from Equity Method Investments — $0 $0 $666k $529k $40.9m $7.1m $902k $5.3m $20.0m
Operating Lease, Lease Income $132.5m $134.8m $139.3m $229.2m $254.6m $219.9m $388.2m $437.3m $442.3m $448.8m
Amortization of Intangible Assets — $8.4m $8.6m $21.5m $24.6m $16.7m $48.6m $49.9m $40.7m $31.7m
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic — — — — — $307k $131k $10k $11k $44k
Rental income $132.5m $134.8m $139.3m $229.2m $254.6m $219.9m $388.2m $437.3m $442.3m $448.8m
Real estate taxes $17.2m $17.9m $19.3m $30.4m $35.2m $30.1m $50.6m $60.1m $62.6m $61.7m
Depreciation and amortization $27.1m $27.3m $28.6m $61.9m $70.5m $50.6m $161.0m $178.7m $172.0m $165.2m
General and administrative $9.2m $16.8m $11.3m $17.2m $19.6m $16.7m $32.9m $31.2m $30.5m $37.0m
Loss on impairment of real estate — — — — $0 $0 $100.7m $156k $0 $6.1m
Interest and other income — — — — $113k $0 $2.7m $7.9m $11.4m $6.7m
(Loss) gain on sale of real estate — — $0 $0 $24.0m $12.1m ($10k) $1.7m $0 ($1.4m)
Loss on extinguishment of debt — — $0 $0 $120k $0 ($22.2m) ($359k) $0 ($5.1m)
Loss before income taxes and equity in earnings of unconsolidated joint venture — $80.1m $74.4m $52.0m $81.0m $79.0m ($293.9m) ($150.5m) ($142.3m) ($122.4m)
Equity in earnings of unconsolidated joint venture — $0 $0 $666k $529k $40.9m $7.1m $902k $5.3m $20.0m
Net loss — — — — $81.2m $119.7m ($286.8m) ($149.7m) ($137.2m) ($102.6m)
Net loss attributable to noncontrolling interests — — $0 $0 $866k $0 $60.1m $41.7m $41.5m $36.4m
Net loss attributable to common shareholders $86.9m $80.1m $74.4m $52.5m $82.1m $119.7m ($226.7m) ($108.0m) ($95.7m) ($66.2m)
Unrealized gain (loss) on derivatives — — — — $0 $0 $30.2m ($18.0m) ($13.9m) $360k
Less: unrealized (gain) loss on derivatives attributable to noncontrolling interests — — — — $0 $0 ($8.3m) $6.3m $2.7m ($131k)
Other comprehensive gain (loss) attributable to common shareholders — — — — $0 $0 $21.9m ($11.7m) ($11.2m) $229k
Comprehensive loss attributable to common shareholders — — — — $82.1m $119.7m ($204.8m) ($119.7m) ($106.9m) ($66.0m)
Depreciation Amortization Depletion Income Statement $27.1m $27.3m $28.6m $61.9m $70.5m $50.6m $161.0m $178.7m $172.0m $165.2m
Depreciation And Amortization In Income Statement $27.1m $27.3m $28.6m $61.9m $70.5m $50.6m $161.0m $178.7m $172.0m $165.2m
Diluted EPS $1.93 $1.78 $1.16 $0.81 $1.26 $1.83 ($3.47) ($1.65) ($1.46) ($1.00)
Diluted NI Availto Com Stockholders $86.9m $80.1m $74.4m $52.5m $82.1m $119.7m ($226.9m) ($108.0m) ($95.7m) ($66.2m)
Earnings From Equity Interest Net Of Tax — $0 $0 $666k $529k $40.9m $7.1m $902k $5.3m $20.0m
Gain On Sale Of Security — — — — — $12.1m ($5.8m) $1.7m — ($1.4m)
Impairment Of Capital Assets — — — — $0 $0 $100.7m $156k $0 $6.1m
Interest Income — — — — $113k $0 $2.7m $7.9m $11.4m $6.7m
Interest Income Non Operating — — — — $113k $0 $2.7m $7.9m $11.4m $6.7m
Minority Interests — — $0 $0 $866k $0 $60.1m $41.7m $41.5m $36.4m
Net Income From Continuing And Discontinued Operation $86.9m $80.1m $74.4m $52.5m $82.1m $119.7m ($226.7m) ($108.0m) ($95.7m) ($66.2m)
Net Income From Continuing Operation Net Minority Interest $86.9m $80.1m $74.4m $52.5m $82.1m $119.7m ($226.7m) ($108.0m) ($95.7m) ($66.2m)
Net Interest Income — — — — — — ($277.4m) ($280.6m) ($281.1m) ($257.8m)
Normalized EBITDA — — — — — — $276.5m $315.8m $322.2m $319.9m
Normalized Income — — — — — — ($124.6m) ($108.7m) ($95.7m) ($56.3m)
Other Gand A $9.2m $16.8m $11.3m $17.2m $19.6m $16.7m $32.9m $31.2m $30.5m $37.0m
Other Special Charges — — — — — — $22.2m $359k — $5.1m
Otherunder Preferred Stock Dividend — — — — — $307k $131k $10k $11k $44k
Reconciled Depreciation — — — — — — $154.8m $175.2m $167.3m $159.3m
Restructuring And Mergern Acquisition $35k $1.0m $0 $0 $200k $1.1m $586k $287k $0 $0
Selling General And Administration $9.2m $16.8m $11.3m $17.2m $19.6m $16.7m $32.9m $31.2m $30.5m $37.0m
Special Income Charges — — — — — — ($123.5m) ($802k) $0 ($11.2m)
Tax Effect Of Unusual Items — — — — — — ($27.2m) $191k $0 ($2.6m)
Tax Provision — $44k $32k $171k $277k $273k $45k $104k $162k $104k
Tax Rate For Calcs — — — — — — $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — $80.1m $74.4m $52.0m $81.0m $79.0m ($293.9m) ($150.5m) ($142.3m) ($122.4m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — $81.2m $119.7m ($286.8m) ($149.7m) ($137.2m) ($102.6m)
Total Unusual Items — — — — — $10.9m ($129.3m) $908k $0 ($12.5m)
Total Unusual Items Excluding Goodwill — — — — — $10.9m ($129.3m) $908k $0 ($12.5m)
Pre-Tax Income — $80.1m $74.4m $52.0m $81.0m $79.0m ($293.9m) ($150.5m) ($142.3m) ($122.4m)
Net Income Continuous Operations — — — — $81.2m $119.7m ($286.8m) ($149.7m) ($137.2m) ($102.6m)
Net Income (Loss) Attributable to Parent $86.9m $80.1m $74.4m $52.5m $82.1m $119.7m ($226.7m) ($108.0m) ($95.7m) ($66.2m)
Net Income (Loss) Available to Common Stockholders, Basic — — — — — $119.4m ($226.9m) ($108.0m) ($95.7m) ($66.2m)
Net Income (Loss) Attributable to Noncontrolling Interest — — — — ($866k) $0 ($60.1m) ($41.7m) ($41.5m) ($36.4m)
Net Income Including Noncontrolling Interests — — — — $81.2m $119.7m ($286.8m) ($149.7m) ($137.2m) ($102.6m)
Earnings Per Share, Basic $1.93 $1.78 $1.16 $0.81 $1.26 $1.83 ($3.47) ($1.65) ($1.46) ($1.00)
Earnings Per Share, Diluted $1.93 $1.78 $1.16 $0.81 $1.26 $1.83 ($3.47) ($1.65) ($1.46) ($1.00)
Common Stock, Dividends, Per Share, Declared — — $0.93 — $1.26 $1.83 ($3.47) ($1.65) ($1.46) ($1.00)
Weighted Average Number of Shares Outstanding, Basic 45.0m 45.0m 64.1m 65.0m 65.1m 65.2m 65.2m 65.4m 65.7m 66.0m
Weighted average common shares outstanding (basic) (in shares) 45.0m 45.0m 64.1m 65.0m 65.1m 65.2m 65.2m 65.4m 65.7m 66.0m
Weighted average common shares outstanding - diluted (in shares) 45.0m 45.0m 64.1m 65.1m 65.1m 65.2m 65.2m 65.4m 65.7m 66.0m
Basic Average Shares 45.0m 45.0m 64.1m 65.0m 65.1m 65.2m $65.2m $65.4m $65.7m $66.0m
Diluted Average Shares 45.0m 45.0m 64.1m 65.0m 65.1m 65.2m $65.2m $65.4m $65.7m $66.0m
Weighted Average Number of Shares Outstanding, Diluted 45.0m 45.0m 64.1m 65.1m 65.1m 65.2m 65.2m 65.4m 65.7m 66.0m
General and Administrative Expense $9.2m $16.8m $11.3m $17.2m $19.6m $16.7m $32.9m $31.2m $30.5m $37.0m
Business Combination, Acquisition Related Costs $35k $1.0m $0 $0 $200k $1.1m $586k $287k $0 $0
Other Cost and Expense, Operating $10.6m $10.9m $13.0m $17.6m $20.7m $18.7m $30.9m $38.2m $38.5m $37.1m
Real Estate Tax Expense $17.2m $17.9m $19.3m $30.4m $35.2m $30.1m $50.6m $60.1m $62.6m $61.7m
Acquisition and other transaction related costs $35k $1.0m $0 $0 $200k $1.1m $586k $287k $0 $0
Interest Expense (non-operating) — — — — — — $280.1m $288.5m $292.5m $264.6m
Interest Expense — $2.4m $16.1m $50.8m $51.6m $35.6m $280.1m $288.5m ($292.5m) ($264.6m)
Income tax expense ($44k) ($44k) ($32k) ($171k) ($277k) ($273k) ($45k) ($104k) ($162k) ($104k)
Net Non Operating Interest Income Expense — — — — — — ($277.4m) ($280.6m) ($281.1m) ($257.8m)
Operating Expense — — — — — — $224.7m $248.1m $241.0m $239.2m
Other Income Expense — — — — — $10.9m ($129.3m) $908k $0 ($12.5m)
Total expenses $64.1m $73.9m $72.2m $127.1m $146.2m $117.3m $376.7m $308.6m $303.6m $307.0m
Income Tax Expense (Benefit) — $44k $32k $171k $277k $273k $45k $104k $162k $104k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.